Archive for July, 2011

  • Around the Corner From My Apartment
    Posted by on July 27th, 2011 at 8:33 pm, Comments: 0

    Around the corner from my apartment is the original Playboy mansion. It cracks me up every time I walk by. As a kid, how many [...]

  • Life in the Pits
    Posted by on July 27th, 2011 at 12:43 pm, Comments: 0

    People often ask me what it was like to be in a trading pit ($CME, $CBOE, $NYX). It was physical, exhilarating and fun. Frustrating and [...]

  • Is Social Media a Bubble?
    Posted by on July 27th, 2011 at 9:55 am, Comments: 0

    There are a lot of articles and opinions out there that social media is in a bubble. LinkedIN ($LNKD) goes public at a high valuation. [...]

  • Debt Hysteria
    Posted by on July 27th, 2011 at 8:44 am, Comments: 0

    Brian Wesbury is one of the best economists writing and working in the markets today. When everyone was super bearish in March of 2009, he [...]

  • Humpty Dumpty Breakfast Links
    Posted by on July 27th, 2011 at 7:05 am, Comments: 0

    Don’t forget about Europe. Too little to fail? Remember what happened to all the kings horses and men. Same fate could come to the US [...]

  • Frustration
    Posted by on July 26th, 2011 at 3:58 pm, Comments: 0

    Since we are now actively paying attention to the debt ceiling debate according to our President, I thought I might give a little perspective as [...]

  • How Would You Cut the Deficit?
    Posted by on July 26th, 2011 at 1:13 pm, Comments: 0

    Tip of the hat to Insty. He has a “cut the deficit” game. Who knows, with all the crowd sourcing that is going on maybe [...]

  • Uptick Rule
    Posted by on July 26th, 2011 at 8:57 am, Comments: 0

    One of the things that drives me crazy is the improper regulation that governments impose on marketplaces to fix things. A classic example of the [...]

  • Breakfast Links
    Posted by on July 26th, 2011 at 6:55 am, Comments: 0

    Transparency is a key component of a well greased marketplace. It’s why I am against dark pools, internalization and other systems designed to push trading [...]

  • The Speaker’s Speech
    Posted by on July 25th, 2011 at 9:29 pm, Comments: 0

    Boehner gave an history of the negotiations. He talked about the policies that the House passed-that have zero chance of becoming law. He also outlined [...]

  • The President’s Speech
    Posted by on July 25th, 2011 at 9:18 pm, Comments: 0

    President Obama laid out his claim. It was total class warfare. He wrapped his comments in “fairness”. He also spoke down to the American people. [...]

  • Hot Money Flowing In and Out of Markets
    Posted by on July 25th, 2011 at 6:21 pm, Comments: 0

    With the debt ceiling debate roiling, low volume hot money flows out of certain asset classes and into others. Beware of how it turns when [...]

  • Getting Out of a Bad Trade or Bad Position
    Posted by on July 25th, 2011 at 11:09 am, Comments: 0

    On the floor, we used to call it puking.

  • Waking Up The Echoes, and Not In A Good Way
    Posted by on July 25th, 2011 at 9:56 am, Comments: 0

  • Demand Curves Slope Down And Why This Is Important To You
    Posted by on July 25th, 2011 at 9:22 am, Comments: 0

    It’s a physical part of the economic equation. Demand curves always slope down. If you are into math, it means a demand curve will always [...]

  • Debt Ceiling Politics
    Posted by on July 25th, 2011 at 8:00 am, Comments: 0

    Even though the most transparent government ever, as promised by Obama in 2008, has been negotiating the debt ceiling behind closed doors, drips and dribbles [...]

  • Monday Morning Debt and Destruction Breakfast Links
    Posted by on July 25th, 2011 at 7:07 am, Comments: 0

    Head twit Howard Lindzon is correct in this post. ($ST) Spark Chicago finalists here. Good luck to them. A blogger covered my Financial Innovation Panel [...]

  • Periodic Table of Social Media
    Posted by on July 24th, 2011 at 8:50 am, Comments: 0

    pulled this off the favo.rs blog. I like the idea of their site.