Search results

What Bernanke had said today we can sum it up in one small sentence: Economy is coming back up and is passing the stars and it’s coming towards the moon. My personal opinion of chairman Bernanke is that he is the student of past chairman Greenspan and he is doing very similar things what...

Hi guys, how about starting a poll on a weekly basis based on the number of Obama TV appearances during the week. Open to any suggestions in regards to the rules and adding other variables like duration of the speech and weather the market is going to go up or down after the completion of the...

This is not a post about whether China is buying or selling Euro debt or currency, but is about: can we trust anything that comes out of China. China is still a communist country. It is run by a socialist communist party, which 300 of their top members run the entire country. The corruption...

Top 100 hedge funds usually hire PhDs in mathematics, physics and computer science from MIT. Well all of those MIT students are taught from the same professors, so for that reason pretty much all of them have the same knowledge and the result of that is that they build the same type of...

Tomorrows average expectations for Non-Farm Payrolls are around 175K. I think that’s too low and the reason why is because (ADP) private employment change came in at 32K, plus the US government said that they have higher about 200K census workers for the month of April. The only problem to...

Great news! New home sales in March are up 103K from February which was the lowest month ever in the new home sales. Again most of these houses sold are $250K and under. Great number, looks like the economy is starting to grow and all the stimulus they had put in is working. The only problem I...

According to Associated Press; Sales of previously occupied homes rose 6.8 percent to a seasonally adjusted annual rate of 5.35 million last month, the highest level since December, the National Association of Realtors said Thursday. February's sales figures were revised downward slightly to...

Today’s news on Goldman which has brought all the markets down it’s not the actual reason why the markets are down. The real reason why the markets are down is because they got caught, which they never expected to get caught (all the senior traders and brokers knew about this, so this is not...

Hi guys, I think I need to change the name of the post from: Unlimited leverage, compliments of the US government to " Unlimited leverage, compliments of the US tax payers"

J.P. Morgan chase have announced better than expected earnings at 74 cents per share while average expectations were 65 cents per share. Total revenue rose to 28.2 billion, while average expectation was 26.5 billion. They have only lost 7 billion dollars in nonperforming loans. I guess the...

According to the Bloomberg news survey of 26 economists, China is going to post the first trade deficit of $390 million in March. The problem is in February (the previous month) they had announced trade surplus of $7.6 billion dollars. Furthermore it just happens that our treasury secretary...

S&P 500 at new high, Oil at new high, Dollar near the high, Gold close to the high and 10 year treasury note at new high (I think something is fishy here)

The U.S. government is telling us, there is no inflation and that they are going to keep the rates low. Does this make any sense? (Maybe we should all move to California and smoke POT since it’s going to become legal)

We can do this in two ways: first we can hire Greeks to do the Census (my understanding is that they going to hire about 1million people to do the Census) The second thing is we just don’t have a Census and the billions of dollars we save we use to bailout Greece. The point I am trying...

To add a few things to TraderZones post which I agree with 99%, there was a study done about professional traders/money manager returns. They were looking at a period of 50 years in the market, in that time only 3% of the professional money managers have beat the S&P 500 index and half of the 3%...

No traders from the Phoenix area?

I live in the Phoenix Metro Area and does anyone know of any trading clubs in the area? Please let me know (maybe we can just start a new trading club if we can’t find one)

Today the VIX have hit the support of 16 and change. In the recent 12 months, every time the VIX have hit a new low, they went up 50 to 100%. So do you think it is the time to buy a straddle?

Several former American International Group Inc (AIG - News) employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday. AIG is holding back $21 million from retention bonuses for current and former employees of...

The city of Los Angeles is putting banks it does business with on the spot. The unanimous directive coming from the city council is that banks need to help Los Angeles slow the pace of foreclosures ravaging its neighborhoods and battle a local unemployment rate that far exceeds the national...