Saber Rattling Fortifies Swiss Franc
Were seeing a massive decoupling in the normally highly correlated Swiss franc
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PowerRatin
Unearthing A Mountain Of Silver
Mine-ding profits
Orders Were Not Issued
The Bank of Japan is denying it issued orders to intervene in currency markets to weaken the yen. The yen fell yesterday after news wires reported the BOJ intervened, allegedly with the intention of keeping the value of the yen down in order to keep exports cheaper and stimulate Japans
Four-For-Four
Stock prices are down for the fourth consecutive day since the market re-opened after its longest period of closure since 1933 following last weeks terrorist attack. Blue chips are leading the slide, following through on their biggest point loss ever on Monday. Slumping economic da
How To Front-Run The Fed
The Federal Reserve released its so-called Beige Book orregional economic survey this morning and traders sold in anticipation that the anecdotalreport, released mid-session today, could be negative. The report was completedprior to Americas most devastating terrorist attack ever that occurred onew
A $100 Day
One hundred dollars. That was the distance the S&P futures
traveled in a roller coaster ride
Follow The Momentum Leaders
It pays to stay with the strongest momentum leaders. Stock index futures are leading the downside momentum Implosion-5 List. After a brief bump higher on the opening, index futures have been taking a sleigh ride on a slippery slope south. There have been multiple ways to enter t
Who’s Selling?
What bonds are saying
The Comeback
Airlines got battered and the Dow suffered its worst point loss ever yesterday,but both are coming back from losses suffered after Monday when trading resumedfor the first time since last weeks terrorist attacks. The airline sector
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NYMEX Hampered By New Threat
A bomb scare forced traders and staff to evacuate the New York Mercantile Exchange, just blocks from the site of the Twin Towers disaster. New York police have reported a 1000-fold surge in the number of bomb threats being made in New York City since last weeks attack. The Just
Seeking Safe Havens
The markets are reacting as many have predicting in the aftermath of the worst terrorist attack ever. Stock index futures are selling off as traders flee into perceived safe-havens such as gold and non-dollar-denominated asset classes. But rate cuts by the Federal Reserve
Airlines Suffering
Airlines are experiencing the most damage as the stock market re-opens for the first time since the worst terrorist attack ever on America. The Federal Reserve cut interest rates 50 basis points (.50) before the market opened in its campaign to provide liquidity to financial markets, bu