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Aug. 20 (Bloomberg) -- Bank of China Ltd., the nation’s third-largest commercial lender, will seek to “cherry-pick” prime borrowers as it expands into real-estate lending in the U.K., according to the head of the bank’s British retail unit. “Before the financial crisis you didn’t...

Aug. 19 (Bloomberg) -- Banco Bilbao Vizcaya Argentaria SA, Spain’s second-largest bank by market value, was selected to take over the assets of Guaranty Financial Group Inc. in a government-assisted transaction, according to people familiar with the situation. The Austin, Texas-based lender...

Goldman seller 998.00, 997.30

NEW YORK, Aug 18 (Reuters) - Deutsche Bank said on Tuesday it has stopped issuing an aggressive oil exchange-traded note as the U.S. government looks to increase regulation in commodities markets. Deutsche said it had temporarily halted issuance of PowerShares DB Crude Oil Double Long Exchange...

:)

Buyers have friendly cooperation from another frontline : Oil futures rally above $71/brl after big drop in supplies XLE ETF well bid... http://www.marketwatch.com/investing/fund/xle

Goldman buyer 987.50

You bet the next upgrade is in the works....They have upgraded financials, now its about time for technology...Don't forget, in 4 month time it's XMas....The usual pundits shall be upgraded...

No coincidence... :)

Yeah, interesting that Morgan Stanley has lately been obsessively active in after hours trading...

German producer prices have recorded their largest year-on-year fall since the second world war, highlighting the weakness of inflationary pressures across Europe. Prices of industrial products were 7.8 per cent lower in July than 12 months earlier, the steepest such fall since records began...

I like this one, too - very much: <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/H4PN7Xbexq4&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

You got to fight for your right to party.... <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/ynYQ-HVfO5k&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed...

Aug. 19 (Bloomberg) -- Myron Scholes joined Robert Merton, with whom he shared the 1997 Nobel prize for economics, in calling for banks to give investors a clearer picture of their worth by providing better valuations for illiquid assets. Banks should value illiquid assets by expanding the...

Lower BB at 5166.00. First meaningful support 5119.00. But more important will be how will Hangseng in Asia close...

B1S2, sorry to bother you with the question as most probably you answered it before : what was your initial R/R for the trade ? :)

Oh yeah.We are now down -20 % from this years Shanghai high. Bloomberg is already running the headline "China entering bear market". LOL ! Clueless journalists.

You forgot one : 1) It wasn't me, its my head traders fault... :D

19862.00 reached. Expect some upward retracement.

You bet they will ! :)