Leave it up to the EU to possibly threaten the already shaky US financials with their sovereign banks’ “junk debt.” If the European debt crisis was an isolated venture then it would not phase our weakened system, yet bank are like the Three Muskateers in that they adhere to the mantra of “All for One… Continue Reading
In case you don’t know this week was the most volatile week in market history. The ups and downs left many investors guessing. Yet, the true numbers were for the month mark showing the Dow down nearly 9 percent. Ultimately, in the last month the supports faltered and the Dow has headed below them. One… Continue Reading
Volatility is the name of game in the markets these days. Since last Thursday the markets have swung up and down wildly. This has confused even the most seasoned investors. Are we heading for a crash or not? Yes this is a crash and it is crashing for a variety of reasons, but a crash… Continue Reading
Buying Treasury bonds will never be the same. The problem with the bond market is that there’s no clarity and that make trading difficult. On one hand, the Fed has given us clarity by informing us that interest will be low for the next two years. In all probability, the Fed will hold onto the… Continue Reading
With the Dow falling 512 points yesterday and the S&P approaching dangerous territory towards the 1,100 mark there has been a sudden call from many investors that perhaps this is the bottom. It could be, but many traders that are taking a more macro view disagree. As I have said before there are many indicators… Continue Reading
Well the magicians have done their work and no one is buying it. Like I said in today’s podcast, Bernanke and the Fed hinted to more easing yesterday and caused the late jump in the market. I talked to some investors that waved a sigh of relief. Now today we see that the Fed could… Continue Reading
Worth a listen even if you don’t agree with everything Professor Stiglitz says. Jeff Macke asks the right questions. Continue Reading
Apple Stocks gained more than 5%, surpassing Exxon oil, as the most valuable company in America. Apple stock later came down, but Apple’s reaching the top position fared well for tech companies. Other leading tech companies which ended Tuesday with positive results were IBM, Microsoft, Intel, Dell and Hewlett-Packard. Apple joined the companies that have… Continue Reading
With the markets in high volatility, mainly downwards, everyone is seeking safe havens. While the Swiss Franc and other stable currencies may be good in the short term, these currencies have risen so much that they are adversely affecting national exports and may well be revalued by their governments. This will wipe out gains made… Continue Reading