The Credit Window is Now Closed
The Dow is off 395 points as I type this. There will be some short covering shortly, and a rally attempt. But what I want to address is...
$77 Crude ?
We have been focusing, over the past few months, on the credit contraction issue, and what this means to the markets. The recent weakness...
“This is a bullshit rally!”
Fascinating and instructive conversation with a few of our traders/clients this afternoon, including a hedge fund momentum gunner who...
Presidential Futures Market
Fascinating overview of how the presidential aspirants are doing at the political futures trading sites: The guy I supported in 2000 has...
First Trading Day of July Continues Its Streak
The first trading of the second half has put together a remarkable streak over the past two decades. Yesterday’s big lift made it...
Trade Like a Scientist
Doc Steenbarger has a terrific 3 part series on trading like a scientist. All three posts are short and easily digestable, but...
How Bear Got Burned
Don’t walk, run to Calculated Risk’s explanation for what really happened with those two Bear Stearn’s hedge funds:...
Contain THIS!
>"If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s...
Russell Indices Rebalance Today
As if the "well-contained subprime mortage" issue wasn’t adding enough volatility, today is the Russell Indices...
Asset Manangement/Research Website Design
On an unrelated note, I am playing with the design of a new project (big announcement, hopefully next week) that is geared for active...