Gold •95 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 989.20 | -12.50 | -1.25% | |
WTI Crude •10 mins | 75.51 | +1.13 | +1.52% | |
Gasoline •10 mins | 2.116 | +0.020 | +0.96% | |
Ethanol •95 days | 2.161 | +0.000 | +0.00% | |
Silver •95 days | 30.82 | +1.16 | +3.92% |
Silver • 95 days | 30.82 | +1.16 | +3.92% | ||
Copper • 95 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 79.11 | +1.06 | +1.36% | ||
Natural Gas • 10 mins | 2.768 | -0.086 | -3.01% | ||
Heating Oil • 10 mins | 2.336 | +0.023 | +0.99% |
Contributor since: 26 Feb 2010
Just when it seems that the market is getting ready for a return to rationality, unchecked optimism (or, more likely, fear of missing a Big…
A relatively quiet trading session for equities on Wednesday probably represents the reluctance to make big bets prior to Employment on Friday more than anything…
Stocks got rocked (-1.6%) and bonds (after starting the day weak) ended with marginal gains. Why is that interesting? Well, after rallying for two days…
One thing seems reasonably clear: in the absence of news, equity markets want to rally. Heading into Friday, stocks ripped higher, and then ended up…
Oil prices ramped up further this morning, and then plunged nearly $7 when Saudi Arabia was said to be "in talks" to boost oil output…
Two days does not a trend make, but then again all trends consist of at least two days. I am sure it has been pointed…
Seriously, now it's Libya that is shuddering under the mass movement of the citizenry? A regime that survived the reprobation of the international community for…
Like all traders who have done it for long enough, I have several habits that I have developed over the years to cope with winning…
For a while now, stocks have been behaving nonsensically (okay, since growth has improved let's just say "quasi-sensically"), but bonds have been easy to understand.…
It was another low-volume day on the stock exchange, but at least there was some interesting news and some intriguing undercurrents. And, of course, CPI…
In case you missed yesterday's comment (it came out quite late), a link is here. It was both lengthier and pithier than today's offering. …
Ah, there is nothing quite like the manufactured holiday of Valentine's Day. It is a time to reflect on the impact in our lives of…
One day after Egyptian President Mubarak stated flatly that he would "die and be buried in Egypt," he evidently began to be concerned that his…
It is a valuable lesson, but no matter how often taught it seems never to be learnt. Assumptions are dangerous. Overconfidence is the most common,…
The news was a bit more varied and interesting on Wednesday; bonds were higher and stocks lower but it is hard to attribute that to…
Bonds were knocked lower again on Tuesday, with the 10-year yield reaching 3.72%. The 4.00% level is now clearly in range, and I expect rates…
Protests in Egypt have temporarily receded somewhat. This was inevitable when the President ignored the protestors' "Day of Departure," calling the protestors' bluff in a…
U.S. Treasuries sold off another 4-9bps on Friday, bringing the 10y yield up to a 9-month high of 3.64%. And remember, that's with the Fed…
First things first: you didn't miss yesterday's comment. I didn't write one. The ice/snow storm so impacted everything, from mass transit to market volumes and…
Illiquid conditions can also cause melt-ups. I didn't anticipate that would happen, because frankly the conditions for a melt-up in stocks are really not in…