I think most traders would say October is the worst performing month of the year, but in fact it’s not. On average, October is up .41% for the month. The month that has earned the status of the worst performing …
The August 20th Wall Street Journal had on its front page a declaration that “This rally gets no respect”. Now what’s a market to do when the truth about its persona is so publically exposed?
Make a new high for …
In Moscow this week, the all-female Russian rock band "Pussy Riot" was convicted of "hooliganism" and sentenced to two years in prison. The heinous crime was staging a forty second event last February, protesting the Russian church's support of the …
The US stock markets mirrored Olympic gold medalist running champion Usain Bolt by earning its own medal with the SPY bolting to highs not seen since April. The US outpaced other stock indexes while registering five consecutive weekly gains. However, …
Knight Securities loss of $440 million this week was attributed to a "glitch" in a new trading software release. Rumor has it that a disgruntled computer took over, hid or disabled the abort button, and sent out massive market orders …
The early news this week regarding the Euro drama sent yield’s on certain EU sovereign junk debt to new highs, yields on US debt to new lows and the US Equity markets down nearly 3%, before all found support at …
According to a recent study conducted by James Henry, former chief economist at consultants McKinsey & Co, it was revealed that somewhere between 20-30 trillion dollars is sitting in off-shore tax havens. This huge sum is controlled by .001% of …
As a result of the fallout of the Barclay's Libor scandal and resignation of its Chairman and CEO, it was further revealed that the Federal Reserve was aware of this fraud and manipulation for years. What's a trader or investor …
As a result of the fallout of the Barclay's Libor scandal and resignation of its Chairman and CEO, it was further revealed that the Federal Reserve was aware of this fraud and manipulation for years. What's a trader or investor …
After a dose of irrational exuberance based on the Euro rescue, the US equity markets finally took a breather this week closing marginally down, but still in a bullish market phase. One concern is the number of distribution days over …
