The market is showing some weakness today that most are contributing to worries about recently rising yields on the 10 year note in Italy going into a bond auction tomorrow, and news from an ECB …
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WSJ Market tone: Stocks called slightly weaker on disappointing China data; euro higher against the dollar; Treasurys higher; Nymex crude up at $100.62; gold up $6 at $1,752.05. Overnight action: Asian manufacturing weakens; UBS shuffles …
Continue readingI would like to introduce a great friend and former colleague, Ken Grant as a contributor to RiskReversal.com. Ken and I worked together at SAC Capital back in the late 1990s and at Exis Capital from …
Continue readingTomorrow’s Tape (WSJ) Economics: 8:30 a.m. ET: Retail sales data for September are due. Economists think the life’s blood of our economy rose 0.5%, after being UNCH in August. 8:30 a.m.: We also get import …
Continue readingTomorrow’s Tape: Information Overload Economics: 8:30 a.m. ET: The weekly jobless claims charade happens. Economists expect claims of about 400,000. They come in a little higher than that, and the prior week’s claims are revised …
Continue readingWSJ Economics: 7:00 a.m. ET: MBA mortgage-applications data. Are low rates causing a stampede to the mortgage broker’s office? 8:30 a.m.: PPI for July. Economists think wholesale prices were UNCH after falling 0.4% in June. …
Continue readingIt’s starting to feel like ’08 out there, huh? But is it anything close yet? There’s not alot of debate about what exactly is causing the freefall in stocks across the globe right now. Most …
Continue readingThe S&P 500 futures are up 75bps as of 9 am, and more importantly up ~3% from their overnight lows…..Most European indices have rebounded off of their worst levels with the DAX still down 1% …
Continue readingFutures: S&P 500 1,316.70 -11.10 NASDAQ 100 2,321.75 -21.75 DJIA INDEX 12,359.00 -107.00 Business Insider Good morning! Happy Monday! Everything’s getting clobbered right now following a week of turmoil on Wall Street and more …
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