Author: NULL

Daily State of the Markets Monday, September 17, 2012 Good morning. If you’ve been reading my meandering morning market missive for any length of time, you probably know that I’ve been managing other people’s...

Daily State of the Markets Friday, September 7, 2012 Good morning. Mario Draghi’s introduction of the OMT (Outright Monetary Transactions) yesterday came off about as expected – largely because the details of the...

Daily State of the Markets Wednesday, September 5, 2012 Good morning. Well here we are, waiting and watching. Waiting on the ECB meeting (Thursday, September 6). Waiting on the Nonfarm Payrolls report (Friday, Sept. 7). Waiting...

Daily State of the Markets Thursday, August 22, 2012 Good morning. I am fairly confident that I have made my disdain of high frequency trading (HFT) fairly clear over the past year or so. But just in case I haven’t, let me...

Daily State of the Markets Tuesday, August 21, 2012 Publishing Note: With vacation season in full swing on Wall Street, Daily State reports will be published on an as needed basis between now and Labor Day. Good morning. Even...

Daily State of the Markets Friday, August 17, 2012 Publishing Note: I am traveling Monday (we are returning our youngest to her college campus) and will not publish an early report. Daily State will return on Tuesday morning....

Daily State of the Markets Thursday, August 16, 2012 Publishing Note: I am traveling again Fri-Mon (we are returning our youngest to her college campus). Thus the “Daily State” report will be published as time...

Daily State of the Markets Wednesday, August 15, 2012 Good morning. Admittedly, a long weekend filled with a family wedding and all the associated gatherings left me a little less than prepared for this week’s market...

Daily State of the Markets Thursday, August 9, 2012 Publishing Note: I am traveling Friday thru Tuesday (family wedding) and won’t publish an early morning report. Thus “Daily State” will return the middle of...

Daily State of the Markets Wednesday, August 8, 2012 Good morning. Given that the S&P 500 has finished each of the last two days about where it was a minute or two after each day’s open, it is fairly clear that the dog...