Today, Bob gave a preview of the jobs report and what the market was expecting, talked about recent trends and trades. He introduced Jim Osbiston, a great trader and information news provider. Jim talked about how he uses information for his advantage in trading and how important risk management is to successful trading.
Greece has gone quiet – it is August after all, when by tradition nothing much happens in Europe, even in nations whose finances will supposedly not survive to see September. We don’t have much to say about this, but suspect it will turn out that there is a bit of a story here. It looks [...]
We thought we might struggle even to devote our normal opening paragraph to the ongoing train wreck in the eurozone, but have been bailed out by some weekend news from Athens. It appears that the Troika ( consisting of the EU, the ECB and the IMF, in case you have somehow lost track ) has [...]
This past market week was a microcosm of what we have been experiencing for the better part of two years. The ups and downs caused be nauseating noise and news, trading/program snafus and psychological shakeouts along the spectrum of fear and greed. There was enough action in these last two weeks to fill the coffers [...]
“All great changes are preceded by chaos.” -Deepak Chopra We recently had a changing of the guard in the NBA with the Miami Heat taking the crown, Lebron James’ first ever title. Also, my Los Angeles Kings won the Stanley Cup for the first time in their 44 year history. Good to see changes happening [...]
The Ride is Getting Bumpy, So Be Ready to Move
Did we really believe the markets would go straight up forever? Was there never a chance the markets could have a couple of down days? Of course not. But when your portfolio is ‘one-sided’ and you just enter the fray toward the end of a nice run, well any down session is likely to give [...]
Read More