Stocks’ Gift Is On Its Way
The Federal Reserve is expected to deliver the market another half a percentage point cut in its primary monetary policy tool, the federal funds target rate. This would be the second half-point cut in just two weeks and a 1% total rate cut would represent a potentially tremendous ec
Brits Feel The Heat
The British pound
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Rates Drop To Zero
At least “real” rates did
The Market Handicaps The Fed
Federal fund futures contracts are pricing in a high likelihood of a .50 shave in the fed funds target rage, just one day ahead of the Feds FOMC meeting tomorrow. This would leave the key monetary policy tool at 2.50%. Many economists believe the Fed may act even more strongly to b
Inflation, What Inflation?
That’s the message the bond market sent
You Should Follow
Did you catch the follow through day? A follow through day occurs after a major bottom when one of the major indices rallies at least 2% on rising volume and is your first indication that a low could indeed hold. Friday, both the S&P 500 and the Nasdaq followed through, and the Dow, wh
Single Stock Futures — The Essentials
Markets continuously evolve and a new class of financial products is just onthe horizon. Single Stock Futures (SSFs). Unlike owning equities where you become part owner of a company, a single stock futuresis a derivative instrument where no ownership rights in a corporate entity areconferred. Rat
Follow, Follow, Follow
Futures follows cash
Finally, Some Good News
Followinga fortnight of disheartening news in the wake of the worst attackever on the US, the market finally got an indication that the economy may not bein as dire straits as many have feared. The market is also on track to close onits highs of the week, a positive sign for the bulls. Comin
OPEC Targets Prices
Crude oil is recovering from a steep slide that took the price of a barrel down more than $9 since Sept 17. In the third day of a reflex rally,November crude oils
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Cocoa’s Critical Mass
When you see multiplegaps, laps and expansion bars as a market moves off a low, the commodity is talking. Take cocoa
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Holy Turnaround
Was it tape painting?