What’s the Story?


Reuters The Commerce Department said on Monday consumer income rose 0.4 percent last month. Analysts had expected a gain of 0.3 percent. After-tax income climbed 0.2 percent in March when accounting … [Read more...]

MorningWord: 4/30/12


MorningWord: 4/30/12:  Not a ton going on overnight aside from the strong showing by the Hang Seng  up 1.7%, this close which matches the highest levels since mid March can largely be attributed to … [Read more...]

Update: Bright Lights Big Citi


Update April 27th, 2012 at 3pm: Please see below under Trade section a second trade structure that is longer duration and almost half the premium of the Put Spread that I bought earlier. Original … [Read more...]

What’s the Story?


CNBC Gross domestic product expanded at a 2.2 percent annual rate, the Commerce Department said on Friday in its advance estimate, moderating from the fourth quarter's 3 percent rate. While that … [Read more...]

MorningWord: 4/27/12


MorningWord: 4/27/12: We can debate and analyze and pick apart the internals of the market, but at the end of the day, the stock market's broad resilience throughout the last week has been quite … [Read more...]

What’s the Story?


Bloomberg U.S. stock futures fell, following a two-day rally in the Standard & Poor’s 500 Index, amid higher- than-forecast jobless claims data and as earnings from United Parcel Service Inc. to … [Read more...]

MorningWord: 4/26/12


MorningWord: 4/26/12:  I got to give AAPL a ton of credit, not only did they disclose Tuesday night that they seemingly brought great joy to 35 million people last quarter by selling them the only … [Read more...]