European deal and what next with CDS
Waking up and seeing the S&P futures up 25 pts, one would think that the Europeans had pulled some magic rabbit out of the black hat...
Saluzzi & Arnuk: High Frequency Trading and Its Threats
Saluzzi & Arnuk: High Frequency Trading and Its Threats The Big Picture Conference By popular request, the entire conference is now...
Forbes Interview on Markets, Berkshire, Nasdaq, Visa
Here is an interview I did last week (October 18) Ritholtz, CEO and Director of Equity Research, Fusion IQ Barry Ritholtz: We’ve been...
Jumped The Shark
Joseph Saluzzi (jsaluzzi-at-ThemisTrading.com) and Sal L. Arnuk (sarnuk-at-ThemisTrading.com) are co-heads of the equity trading desk at...
New York AG pursues bank accountability
New York Attorney General Eric Schneiderman talks with Rachel Maddow about new investigations aimed at holding banks accountable for...
No Surprise: Distrust Leads to Money Moving
When you’ve got this — “Only 23% Trust U.S. Financial System: Poll” (MarketWatch) Americans are more distrustful...
Mid-Week PM Reads
Afternoon train reading: • DeMark Says S&P 500 May ‘Trap’ Bulls After Rally (Bloomberg) • What Drives Growth More, Consumer...
Rally! Ugly Fade! Reversal Wednesday!
I am off to a meeting, but (as of 3:15 pm) I am impressed with this turnaround. I was all set to write how ugly this morning’s fade...
Are SuperConnected Finance Networks Inherently Unstable?
Interesting look at the network of firms that in the words of New Scientist, “runs the world.” “As protests against...
China not buying EFSF bonds out of kindness
The market is rallying on the story that China will buy bonds issued by the EFSF. This is not a surprise as they expressed interest back...