Dollar Disconnect ?
I know you were planning to disconnect me, and I’m afraid that’s something I cannot allow… How is it that the dollar is...
Cinco de Mayo!
The 5th day of the 5th month gives us an excuse to look at 5 key issues confronting the market over the next 5 months: 1) Earnings are...
Great(ly reduced) Expectations
Also known as “Not so Great Expectations“: After a relatively strong start last week, the markets pulled back on Thursday and...
Economic Mulligan!
Shanked one, hard left, into the bunker. Awful shot, simply embarrassing. Did anyone see? Does it matter? . . . Do over! At least,...
Crossroads
“We meet at a crossroads in history” Since the strong pre-War rally, the markets have been in a consolidation mode. The back and fill...
The looting of the Baghdad Museum
We had family visiting us in NYC from Virginia and Chicago this weekend. One of the places we took everyone was to the Metropolitan...
Farewell to Arms II
After a strong pre-war rally, the market is now marking time. The short term oscillators are somewhat overbought, while longer term...
It’s the Earnings, Stupid!
With the war starting to recede into the rear view mirror, the market must now digest actual quarterly numbers as reported by public...
Farewell to Arms
Farewell to Arms?: Scenes of jubilation in downtown Baghdad as a statue of Saddam tumbled down. Traders were transfixed, watching a...
The Fall of Baghdad
“Upside” risk has been the Trader’s cry the past 4 Fridays, as shorts contemplate the risk of positive news over the weekend. The...