All posts in Uncategorized

The Markets The 2:30 market tell won again.  From that time to the close the S&P lost 15 points, to 806.  The DOW lost 100 points. That is decidedly not a good showing.  When traders try to flatten positions in the last ninety minutes it …

As you might expect, Asia is up uniformly.  Not quite the exhuberance of US markets, but up nevertheless. As noted earlier, emerging markets are trouncing US markets over the last week.  To participate I initiated a position in EEM, the emerging markets ETF. But with …

The Markets The last time Geithner spoke the Dow went down 380 points.  Today’s 448 497 (!) point explosion more than made up for any past errors.  Markets responded to both the explicit Treasury plan for toxic bank assets as well as better housing numbers. …

The Markets Lunch time lives up to it’s billing as traders take morning profits.  Markets off their best levels as the S&P slips under 800.  For certainty to prevail we should finish above that level and stay there for a while……two days? Watch for the …

The Markets Asia up pretty big. Tokyo flirting with 2% gains as it anticipates US Treasury toxic position purchases.  Lets see if it lasts. Would love, love for a follow through day. Here is the ultimate multi-colored rocker.  Greg Allman’s slurred, sexy words are punctuated …

Sidebar In the late ’60’s the subways of London became the target of Eric Clapton fans.  As Clapton emerged as one of the great blues guitarists his fans would spray paint “Clapton is God” all over.  This embarrassed Clapton and motivated him to begin recording …

Markets Natural gas prices have declined 70% since last summer.  Low prices have curtailed new production.  Any uptick, at all, in usage could boost nat gas prices.  Last week nat gas prices were up 1.3%.  I have owned Chesapeake for a while and added to …

The Market On quadruple witching Fridays I like to watch the Spyders (SPY) trade ( I really do not have a life).  This the most active index fund and at 3:55 the volume indicator spins like a slot machine.  In the last five minutes it …

At 2:35p market began to roll over big -time.  S&P now 100 points above the lows of 666.  Still, the derivitive boys make it too close to call. But I bought SRS just in case.

The Market As expected, not much happening as the derivative guys jostle for position. Everything expires today so the market direction is pretty much up to them.  For those new to days like this here is an explanation.  Quadruple Witching At some point it must …