Trade Update June 21st, 2012 11:23am: Since the rate Fed’s rate announcement and economic outlook yesterday afternoon, the markets have been underwhelming to say the least. On Tuesday I bought some June weekly SPY Puts …
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Reuters More Americans than forecast filed applications for unemployment benefits last week, indicating the labor market continues to struggle. Jobless claims decreased by 2,000 to 387,000 in the week ended June 16, Labor Department figures …
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My cousin lives in the ancient city of Antioch (former Eastern Mediterrenean capital of the Roman Empire). He’s a dentist who trades currencies on the side, for better or for worse. I once asked him, …
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While most market participants had been focused on Greek elections and Spanish Debt Yields, I am a bit more intrigued by the almost 4% rally into what is likely to be the main event for the month, tomorrow’s …
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As everyone waits on the big EU Summit on Friday, the ECB will make their presence known in a meeting tomorrow morning. From Bloomberg: The European Central Bank may announce a range of measures tomorrow …
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The markets were in bloodbath mode today. Alot of pain out there obviously. With that said, it’s interesting to look at last Summer’s sell-off as a test run of this Summer’s. Here’s an interesting take …
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Yesterday afternoon’s sell-off was almost a repeat of the action we saw Monday, but much worse in my opinion because they were actually trying to rally…..In both instances the market was in a holding pattern …
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S&P Futures 1323.2 – 2.40 (Last Updated 09:04:07 AM) Business Insider Along with all of the weak macro data (spending, consumer confidence, you name it), inflation just keeps getting worse in the UK. Even core …
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