Posts tagged stock market

The Icahn Speaks

Billionaire investor Carl Icahn released a new video.  If you don’t understand much about the financial system, I’d be interested in hearing what you had to say after you watched it.  I am really curious what points stood out for …






Fed’s Cheap Money and Company Manipulation Fueling Rally

People are asking about the stock market.  What’s fueling the rally?  How can we be going up when it seems like a lot of actual economic indicators are pointing down?  Is the US really in a recession? The market does …






Let’s Trade Nickels

Richard Grasso said this morning on CNBC that stocks should be traded in nickels, not pennies and sub-pennies.  I have been stating that since I started this blog back in January of 2010.  Why will nickels work better? 1.  Because …






Morning Market

The risk of being invested in the market is going up. How can one tell? The spread between Euribor-OIS (Overnight index swaps) hit a high point of 84 points this morning; still slightly below the all time high of 89, …






A Sense of Impending Doom

Mr. Market isn’t very happy right now. When I walk the streets of Chicago and talk to people that I meet they are hopeless. There is no way out. A growing sense of impending doom is on the minds of …






Durable Goods

All the permabears will be touting the drop in Durable Goods this morning.  Backers of Obama and the Fed policies will call it, “transitory”.  As we get ever closer to November of 2012, every number will be spun by politics. …






The Worm Has Turned

Wow, what a difference a day makes. After the FOMC meeting, the market had a bump. Most of the market had it’s hopes pinned to China. European markets also had their hopes pinned on China. China reported results less than …






Da Future

Lots of economics blogs out there. It is fashionable to be an economist now. Even Obama has given up law and has become an economic prognosticator. Of course, like most of them he has been wrong. To be a real …






China Rising

China has decided to let the yuan be more flexible.  This will be a development that will lend some confidence to stock markets.  The Euro also had a nice positive week.  Treasury Secretary Tim Geithner welcomed the development.  The US …






Stocktwits Stock Camp at CME Group

On June 2, I participated in a Stocktwits.com boot camp. It was a lot of fun. People from all over the country were there. Met some great people from San Francisco, and North Carolina. Here is the video.






Uh-Oh, Market Down Again; Momentum

These breaks get momentum. I remember during the week before the crash in 1987. My wife had won an awards trip to Palm Desert. We were relaxing with corporate people and each day the market was tanking. One executive asked …






Fama speaks.

Can’t really add to this. Professor Fama should get the next Nobel Prize for Economics.






Everything is OK…Right?

Market rallied late yesterday, and is up today. So everything must be okay right?  Hardly, the market is taking a breather.  It will assume a direction depending on the outcome of events.  Plus, it’s looking forward to a long holiday …






April Fools Market

First day of the month, first day of the quarter. Many long only funds are still in cash. Cash is starting to accumulate on the balance sheets of companies. I don’t think the stock market sits down despite the best …