Logical Market Update: Friday is Futures & Options Expiration – Equity Update
Friday is Futures & Options Expiration – Equity Update – GOOG & MSFT Disappoint & Slide 5% Media headlines are becoming more humorous as reporter’s grapple to find a reason for the markets continued rise. One very popular financial site ran a banner “Breaking News” headline: Detroit Has Filed for Chapter 9 Bankruptcy Protection right […]
Continue readingLogical Market Update: When in Doubt – Blame it on Investors not Gluttonous Mega Banks!
When in Doubt – Blame it on Investors not Gluttonous Mega Banks! After Friday’s disappointing GDP figures were pinned as the reason the markets basically had a more downward bias, investors had the weekend to rethink their decision and came back in on Monday with a renewed spirit of buying in a low […]
Continue readingLogical Market Update: AMZN, BIDU, and SBUX Disappoint On Guidance! What Now?
AMZN, BIDU, and SBUX – Disappoint on Guidance! What Now? I’m reminded of the 70’s Chiffon margarine commercial that carried the tag line “It’s not nice to fool Mother Nature!” But in place of Mother Nature I am inserting “The Street.” The hits just keep on coming with Amazon, Baidu, Expedia and Starbuck’s all […]
Continue readingNew Highs Again – DJIA, S&P 500 – Russell 2000 Plays Catch-Up – The Rollercoaster Ride Continues!
New Highs Again for the DJIA and S&P 500 – Russell 2000 Plays Catch Up – Treasuries and Precious Metals Get Slammed – The Rollercoaster Ride Continues! I wasn’t surprised to see the markets higher this morning when I logged in to trade. I even mentioned it in yesterday’s blog, but after 30 minutes […]
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