I guess things are falling a bit into place for the bulls here; disaster in Greece temporarily averted, the patch of bad economic data that we had seen for weeks has all been forgotten even …
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It was a bit of a mixed bag yesterday with the SPX closing up small for the day, as Financial stocks, particularly the banks held gains from Friday….. tech and industrials were mixed, but generally …
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Thursday’s close marked the first positive day for the SPX in the month of June, with one caveat though, on relatively low volume….The index is down almost 6% from it’s …
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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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Equity market action yesterday was interesting in that it felt like the weight of the world fell on Steve Jobs’ frail shoulders……
Continue readingI wanted to take a moment to highlight this portfolio hedging strategy (below) that I discussed on the site 2 weeks ago…..not to do any sort of victory lap (market only down ~2.7% since then, …
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For the last few weeks I have been scratching my head and wondering when the equity markets would start to recognize that the economy is slowing at around the exact time the fed will be …
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Bear with me here as this is a bit of a “think piece”, but I promise there will be some trade ideas later today! I assume by now that faithful readers of this site don’t …
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Readers of this space know that I have a hefty dose of skepticism as it relates to this market, and have become increasingly convinced that the market is going to correct 10% over the next …
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GS is down 4.5% this morning partially due to a downgrade to SELL by influential bank analyst Dick Bove from not so influential Rochdale Securities. I have been leaning on the short GS trade for …
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