 “In an interview on Bloomberg TV, John J. Mack, the former chairman and chief executive of Morgan Stanley, called for an end to the harsh words that have been …
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Ordinarily we would ignore the news of another banker’s death – after all these sad events happen all the time – if it wasn’t for several contextual aspects of this …
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The SP500 continued to rally and is pushing extreme overbought conditions today. Our net short ETF trading strategy on the SP500 is close to getting stopped out as the trend …
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Initial Claims and Retail Sales might provide some economic grist for the market’s mills on Thursday, but for today it was all bullishness. The thin volumes and lack of organic …
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A surprising show of strength after three days of gains. Most surprising was the Russell 2000. It had looked ideally set up as a short play, but it made short …
Read More OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH14 +0.35%) this morning are up +0.32% at a 2-week high and European stocks are up +0.88% on expectations for dovish commentary from …
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B of A (BAC) continues to be one of the leading Ex-Dow 30 – Industrials composite Companies. It is on a Strong Hold, but my Indicators are breaking down. I …
Read More Gold Continues to amble along in its wedge breakout vs. European stocks (Euro STOXX 50). Stocks may still be bullish, but a funny thing is happening along the way. Gold …
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Stocks had a little upward bias today, but are now more firmly up against resistance. VIX has fallen back down to calmer levels as you can see. There are enough …
Read More $13 billion is a lot of money even by Wall Street standards. But is the $13 billion fine imposed on JP Morgan by the Department of Justice an appropriate penalty …
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