Markets

Jun 06, 2012 at 06:57

As the market was clearly running out of downside momentum, we decided to cut the 2nd half of our short position at 1280.67 [1334.07 - 1280.67 = 53.4 (gains)]. Looking…

Jun 06, 2012 at 06:34

Yesterday's price action was choppy, with an eod print at the widely watched 200 d MA. As I am writing today's update ES Globex is trading 11 points above its…

Jun 06, 2012 at 06:25

EUR/USD is continuing to unwind from oversold conditions, following the worst-than expected US non-farm payrolls, which triggered economic recovery concerns last week.

Jun 05, 2012 at 19:27

Fed Chairman Bernanke is testifying on Thursday before Congress about the economic outlook. Between the post-ECB presser and the Bernanke testimony, I suspect we will know a lot more about…

Jun 05, 2012 at 18:52

The marginal saver sets the floor under the rate of interest. It cannot fall below his preference or else he will vote with his gold. His preference has real teeth…

Jun 05, 2012 at 18:46

I talked to Diamond about his famous 80/20 trade, which he means literally -- he says it has at least an 80 percent chance of success. It's the only trade…

Jun 05, 2012 at 14:19

Despite the possible breakup of the EU, there's a certain degree of complacency and denial over the political gridlock and lack of leadership on both sides of the ocean. The…

Jun 05, 2012 at 12:39

Commercials sacrificed -2,542 longs in order to cover -7,431 shorts to end the week with 56.09% of all open interest almost .8% higher than last week, and now stand as…

Jun 05, 2012 at 12:29

Commercials picked up 1,270 longs and a smallish 382 shorts to end the week with 46.49% of all open interest, slightly higher than last week, and now stand as a…

Jun 05, 2012 at 12:16

Even though Reynolds American Inc. (RAI) has risen substantially off of its lows in 2009, the company looks reasonably valued at today's quotations. Therefore, the dividend growth investor looking for…