Steve Jobs passed away yesterday at the age of 56, far too young for any man, especially such a visionary and sage as he. Jobs changed the way we all see the world, and spent his life trying to inspire others to go their own way...
Read MoreUS stock futures are starting to pull back from overnight highs and now point to flat open on Wall St. Stocks were buoyed by hopes that European policy makers will coordinate a program to back-stop European banks. The Bank of...
Read MoreThe market continued to bounce Wednesday, buoyed by optimism that Europe will indeed recapitalize banks and a better-than-expected ISM non-manufacturing survey. The Nasdaq led the way, surging 2.3%, while the blue chips gained...
Read MoreIndices held in well the first 30 minutes of the day and finally had a nice push to 1128-1132 resistance zone. High beta tech began the day weak but started to come of lows and go positive. So far we are seeing a...
Read MoreUS stock futures are giving some follow-through to yesterday’s reversal, pointing to a higher open but giving back some overnight gains. The market looked set to continue lower yesterday until the last hour, when an EU...
Read MoreStocks staged a mind-boggling rally into the close Tuesday, with the S&P rallying nearly 45 in the final hour of trading to finish 2.3% higher. The Nasdaq was even stronger, finished the day up 3% after the late-day push....
Read MoreIn yesterday’s Big Idea , I pointed out that on Friday, September 30, while the CBOE Volatility Index(VIX_) went up, the volatility of VIX options went down. Yesterday, again while SPX was up, in an even more clear...
Read More-China HSI down 1400+ points in the last 2 sessions -FTSE down 3.3% on lows -(UBS) AG Common Stock – CFO: Bk Saw No Material Change In Client Fund Inflow Due To Trading Scandal -(DB) Deutsche Bank...
Read MoreUS stock futures continued lower overnight as the focus remains on Greece’s ability to avoid default. Fed Chairman Bernanke is set to testify before Congress for the first time since ‘Operation Twist’, can he...
Read MoreThe market’s recent decline continued Monday, not buoyed at all by the suggest of possible buying at the beginning of the 4th quarter. The Nasdaq remained the weakest index, dropping 3.3% (and the closing bell didn’t...
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