Search results

"a federal judge ruled" Why you a congress and a president when judges can just do what they want. Might as well call him fürher

Sheila Bair takes care of that :D

Right, the FDIC is giving money away. Ally bank was paying something ridiculous a while back. Wamu was paying 5% before they failed

yes but the big money cant invest in these. If pimco wants to deploy $10b, FDIC guarantees will be no good. CDs would be loaded with credit risk

2y at 1% is a steal http://www.bloomberg.com/apps/news?pid=20601087&sid=a5MX8Y3f1NfQ

If so, please explain why

Christian Siva-Jothy put it best "When I see dislocation in the direction of pain in the US economy I buy Eurodollars, its not brain surgery" "When the Fed is in agressive cutting mode I want to be long Eurodollars, because its the most obvious trade in the most liquid market in the world. I...

More 1937 paranoia http://online.wsj.com/article/SB125107325090852627.html (if you cant see the article, copy and past the title in google and click the link, this will allow you to see all WJS articles for free) I believe its quite possible that in 2011 I will still be talking about fed...

The hawkish Fed member Bullard(and 2010 fomc voter) is saying 'I don't think markets have really digested what that means' the "extended period" term http://www.reuters.com/article/ousiv/idUSTRE57K5LL20090822 They look at fed futures to see what are the market expectations(and not the 2y...

So the Philly Fed and the Empire state manufacturing report didnt show that inventory bounce that people are expecting at all. If we dont get that this Q that is quite possibly the catalyst that send this market in correction mode, possibly all the way down to 750-800. For the folks who think...

I put all the T-bills and bonds on my TWS. I only get quotes from T-Bills(up to 1 maturity) and T-notes(from 6y maturity and on) The middle doesnt quote, does anyone know why?

There is one more reason to not wait. By being wrong I get an even better deal. If ES goes to 1100 and VIX to sub 20, that would take the market from quite overvalued to ridiculously overvalued so my R/R for put buying there would be massive I truly only get hurt in a bubble scenario, but...

Did I made a mistake by buying financial puts monday instead of buying the ES to break the 50MA?Well I'm not so sure, we did had a breakaway gap blowing through support, by the time it gets to the MA the VIX should be quite higher. At these levels put buyers are getting quite a deal in terms of...

-Not integrating TA enough and countertrading through put buying in late Mar and Apr. At around 810 in the ES. Simply a result of having come off a period of sizable gains this made me too confident. If I had sticked to a simple MA rule I probably could have decreased the losses, although I...

-Not taking profits more aggresively in Mar in my shorts. It was an extension of the first mistake. It seems likely the government would not go the zombie route, that meant massive dillution for bank stocks(either government dillution or forced private dillution). Yet they choose the zombie...

-Shorting GS. Perhaps the bulls were on to something when they stated MS and GS would be better off because they dont own loans but mostly securities that were written down a lot. However my thesis was the goldman would not have the earnings power to sustain at high levels. The stress test...

What were some of my big mistakes in 2009?Here are some -Not predicting that the Obama adm would choose the zombie bank route. In the report 'Geithner will own XLF' I stated that this was unlikely because of statements made by the government(Including members of congress stating...

The Philly Fed with data received though August 18 shows inventories at +0.3 from -15, I'm growing more leery of this idea of some huge inventory build. We could see inventory drawdown stop then not move or only slighly go up. July data was a drawdown August is flat, for the NY area, both months...

As far as breakaway gaps go, the stop is supposed to be placed above the high of the bar prior to the gap. This would be about 1012 on ES. So the pattern has not failed, these latest news on jobless claims shows that the second derivative improvements might not became first derivatives...

Given that I've been adding TA based on price action it might have been a mistake to start my put position on monday. XLF is still above the 20day SMA. However the price did broke the $13.75 support level. It did that through a gap. This is supposed to be a 'breakaway' gap which indicates a new...