Data Roundup


This morning saw three data points that put a dent on what looked like a positive morning in the markets. Reuters Home prices fell more steeply than expected in November, and consumer confidence … [Read more...]

What’s the Story?

vader reading

Yahoo S&P futures vs fair value: +5.50. Nasdaq futures vs fair value: +10.50. Stock futures continue to trade with moderate strength. The morning's first dose of data has had little impact on … [Read more...]

MorningWord 1/31/12: VIX Hedging


MorningWord 1/31/12: Yesterday's opening blip, down ~1% was just that, a blip as the SPX spent most of the rest of the day drifting back towards unchanged.  Investors fears of the Euro Summit not … [Read more...]

What’s the Story?

Greek Man Reading Newspaper

Marketwatch German Finance Minister Wolfgang Schaeuble said in an interview with The Wall Street Journal on Monday that Greece must take the necessary steps to get its economy and finances in … [Read more...]

MorningWord 1/30/12


MorningWord 1/30/12: As I write at 9am, the S&P futures are down about 90bps, marking one of the lowest pre-market readings of the year and also signaling what will likely be the first print for … [Read more...]

Trading Diary: Jan 23rd to Jan 27th


Last week saw a one of the smallest week on week price movements for the SPX in a long while.  The index closed less than a point from the previous Friday's close, and saw intra-week movement pick up … [Read more...]

What’s The Story?


Yahoo Stock futures have pulled back in response to the advanced reading on fourth quarter GDP. Data showed economic growth of 2.8%, which is less than the 3.2% clip that had been widely expected to … [Read more...]

MorningWord 1/27/12


MorningWord 1/27/12: I am gonna go out on a limb and suggest that Mr. Bernanke had a sneak peak at this morning's Q4 GDP reading that came in weaker than expected (forecast for 3%, actual 2.8%) prior … [Read more...]