August 2012 Rally Continues As Financials, Tech And Small Caps Outperform:
Shorts were dismayed today as U.S. stocks continued the early August 2012 rally and the S&P quietly got closer to new multi-year highs. Traders have enough bad news from overseas such as the never-ending Europe crisis and a possible hard landing from China, yet t [...]
Posts tagged china
August 2012 Rally Continues As Financ...
August 2012 Rally Continues As Financials, Tech And Small Caps Outperform:
Shorts were dismayed today as U.S. stocks continued the early August 2012 rally and the S&P quietly got closer to new multi-year highs. Traders have enough bad news from overseas such as the never-ending Europe crisis and a possible hard landing from China, yet t [...]
August 2012 Rally May Continue As Chi...
August 2012 Rally May Continue As China’s Industrial Production Slows:
Stocks jumped in the last half hour of the trading session today as investors gave up short positions before the weekend. U.S. equities have been rangebound as we predicted but gained momentum after another lackluster volume trading day with low volatility. The VX [...]
Slew Of Bad Data: June 2012 Existing ...
Slew Of Bad Data: June 2012 Existing Home Sales, LEI – July 2012 Philly Fed, Jobless Claims; Is QE3 Ready Yet?
Existing Home Sales Fall by 5.4 Percent
Existing home sales fell by 5.4 percent month over month, the National Association of Realtors said today as real estate investors focused on high-end properties that are fewer in number [...]
Ben Bernanke Returns To Capitol Hill ...
Ben Bernanke Returns To Capitol Hill (July 18 2012), Hints At More Liquidity:
The anti-QE crowd is back, now they are ignoring the economic weakness all over the world.
Federal Reserve Chairman Ben Bernanke returned to Capitol Hill on Wednesday, after giving negative economic predictions about the U.S. economy stating that growth could con [...]
Bernanke To Testify This Week (July 1...
Bernanke To Testify This Week (July 17th and 18th, 2012), Will He Mention More QE3 Or The Global Economy?
It’s not just an internal ‘fiscal cliff’ issue.
Ben Bernanke is scheduled to give his semi-annual testimony on the economy on Tuesday and Wednesday of this week. What should we expect? He is likely to say that condit [...]
JP Morgan’s 2nd Quarter Earning...
JP Morgan’s 2nd Quarter Earnings 2012 Upside Surprises, China GDP 7.6 Percent:
JP Morgan helped the financial sector rally today as the company came in with greater than expected second quarter profits. Aside from the London Whale’s erroneous somewhat – non hedging trades, JP Morgan beat earnings projections today that hel [...]
ECB Lowers Rates To New Low, China Dr...
ECB Lowers Rates To New Low, China Drops Rates, Bank Of England Announces More Bond Buying:
Global easing may not be over -it may just be the beginning.
The European Central Bank cut rates to a new record low today in attempts to stem the debt crisis that has been dogging the region for several months/years. The ECB dropped its key lending [...]
June 2012 ISM Shows Manufacturing Slo...
June 2012 ISM Shows Manufacturing Slowed For First Time Since 2009:
The U.S. economy showed further signs of weakness today. U.S. manufacturing declined significantly in June 2012 to levels that indicate the economy is contracting after nearly three years of expansion. According to the Institute for Supply Management, domestic manufacturin [...]
Bernanke Elusive At Congress As Consu...
Bernanke Elusive At Congress As Consumer Credit Hits 6 Month Low, June 2012 Jobless Claims Dismal, China Eases:
Ben Bernanke didn’t give many clues as to whether he would like to implement QE3 or continue Operation Twist, as expected, when he spoke to Congress today. Bernanke did speak about the need for Congress to get its house in o [...]
Financials Get Hit Based On JP Morgan...
Financials Get Hit Based On JP Morgan May 2012 Headline Risk, Europe and China:
The JP Morgan Effect May 2012 Keeps Investors Away From Financials.
The U.S. stock market fell sharply today as investors kept away from key sectors like the financials in anticipation equities prices could fall further. Investors may be waiting for another shoe [...]
