Wild Pre-Fed Day: Open Thread
Wow — another wild and wacky day on the volatile Street of Dreams. While no one (well, hardly anyone) expects a rate cut, many...
Where was the PPT today?
I have never been a big believer in the Plunge Protection Team (PPT). The 78% drop in the Nasdaq from 2000 to 2002 was my proof. So while...
Guide to Wall Street Lingo
Don’t say Mike Panzner is a dour guy. Just because he wrote a book titled Financial Armageddon: Protecting Your Future from Four...
iBanks Market Cap Tumble: $87B
Wild table via the UK Telegraph of what they call "lending banks" results have been relative to the recent sub-prime woes (as...
Portfolios of the Federal Reserve Members
Frickin Hysterical: > > Source:Five Things You Need to Know: Portfolios of the Federal ReserveKevin DepewMinyanville, Aug 02, 2007...
Mystery Solved: Another Fat Thumbed Trader
Last night, I wondered if yesterday was an example of a SPUs gunner doing a late afternoon jamjab on S&P futures. Turns out that 200...
What Are Fed Fund Futures Actually Forecasting?
Fascinating discussion on the meaning of the Fed Fund Futures. While many economists have taken to stating this means a likely rate cut...
Wild Day on Wall Street
Was that not a crazy day of trading? We fluctuated all day — plus to minus and back again — before finishing with quite the...
Blaming the Retail Investor
Earlier today, I mentioned an example of the wrong analysis/right investment posture. Here’s a perfect example of that: Last...
Macro Analysis and Market Application
One of the odder things about doing whatever it is I do for a living is the multi-stage process it requires. It can be at times...