CRUDE FUTURES: Crude Falls In After-Hours Trading After API ForecastWall Street JournalNEW YORK (Dow Jones)–US crude-oil futures tumbled almost a dollar in after-hours electronic trading Tuesday after an industry report predicted swelling supplies. Li…
The claim is being made that JP Morgan’s $2 billion trading loss was in a trade that was a “a hedge.” It doesn’t take much…
Facebook fervor fierce ahead of IPO (via AFP) Facebook frenzy is spreading ahead of the company’s big-time stock market debut, with anything from Mark Zuckerberg’s…
Moneycontrol.comAussie, NZ Dollars Drop as Gauge Highlights DivergenceBloombergThe Australian and New Zealand dollars stayed lower versus their US counterpart after a factory gauge unexpectedly rose in April, highlighting a divergence between US econom…
There are a number of conflicting signals and potentials, and trying to assimilate all of them into an overarching market plan is a bit challenging at the moment.
On Friday, just about everything across markets was up: equities, the Dollar,…
Not much to add to Friday’s update — ideally I’m still looking for some type of larger correction in the foreseeable future. I spent an awful lot of time charting this weekend, so I’m going to spend more time sharing those charts and l…
http://www.zerohedge.com/news/dollar-libor-market-hints-credit-agricole-
was-bank-x
66x leverage?!
Excerpt:
And given Credit Agricole’s 2nd worst position on Bloomberg’s Tangible Common Equity Ratio screen (behind Landesbank Berlin no less), it is…
Two stories in the past 24 hours on this, one from Aljazeera and the other AE-P. The idea is that the Fed buys European govt bonds to hold down yields. The Aljazeera story (an opinion piece from a Washington think tank) gives more background detail, co…
One of the most important steps that we could take to bring prosperity back to America would be to nationalize the Federal Reserve. Doing so would allow the federal government to quit borrowing money, dramatically reduce taxes and eventually pay of…
I think that short positions on the dollar right now are very high risk.
Two weeks ago, the dollar gave some false signals, apparently indicating that it was nearing the end of its correction. At that time, it appea…