I was making money shorting the wire a few minute before the whole thing turned around.
Insider trading? People knew about the rate cut while the rest of the US was still sleeping…
Archive for the ‘Market News’ Category
Ignored the sign
Posted in Market News, Wire on January 22, 2008 | Leave a Comment »
Mish’s Global Economic Trend Analysis
Posted in Blog, Market News on December 11, 2007 | Leave a Comment »
Mish’s Global Economic Trend Analysis
The risk of inflation is extremely overstated.
* The credit markets have virtually locked up. See Minyan Mailbag: LIBOR, What’s The Big Deal?
* Housing is not going to be fixed by the Bush/Paulson Bailout (See Hope Is Now a Sucker Trap).
* In addition a Wave of Bank Failures is Coming.
None of the [...]
Short gold in ‘08, Goldman says
Posted in Market News on November 30, 2007 | Leave a Comment »
reportonbusiness.com: Short gold in ‘08, Goldman says
Gold bugs have mostly had it all their own way this year, but that won’t be the case next year, Goldman Sachs Group Inc. believes. In fact, the big brokerage firm recommends in its top 10 trades list for 2008 that investors short gold next year.
Goldman had recommended investors [...]
Bernanke Talks And The Carry Trades Will Wind!!
Posted in Market News on November 30, 2007 | Leave a Comment »
Bernanke Talks And The Carry Trades Will Wind!!
The judgment has been made and the fed has now essentially guaranteed a policy change on December 11. The only question left is whether the ease will be 25 or 50 basis points.
If you want to see “turbulence” for yourself, look no further then LIBOR. Rates there have [...]
What The Collapse of The US Dollar Will Mean to The World
Posted in Market News on November 21, 2007 | Leave a Comment »
I have no idea what it means to the world! For me, it means flying back to Laos will be more expensive. The dollar have been falling since the end of the Fed interest rate hike cycle. I was searching for topics on a secret plan to collapse the dollar today. What I found was [...]
Japanese supermarket sales down for 21st straight month in September
Posted in Market News on October 22, 2007 | Leave a Comment »
When spending on food declines like this, it must mean the Japanese are in a depression. Food is the last thing I would think of cutting back when I’m in a crunch. Wonder what’s going on?
Japanese supermarket sales down for 21st straight month in September
Japanese supermarket sales down for 21st straight month in September
TOKYO (Thomson [...]
G7 Commentary… My Thoughts – FX Insights Forums
Posted in Market News on October 21, 2007 | Leave a Comment »
Another Euro positive signal?
G7 Commentary… My Thoughts – FX Insights Forums
Conclusion…
In conclusion… some segments of the market expected the G7 to throw some love towards the dollar’s way. Didn’t happen. Oh wait, Paulson did say “a strong dollar is in the U.S. interest.” But who really believes Paulson anyway? No other key central banker or [...]
Stocks Tumble As Credit Fears Are Renewed – washingtonpost.com
Posted in Carry Trade, Market News on October 21, 2007 | Leave a Comment »
It’s Sunday and it’s time to think about what’s ahead for the next trading week. So the DOW dropped once again on a Friday. Just like last week, this might signal a down trend on all the Yen crosses. I have shorted AUD/JPY just to hedge against my losing long-term buy on the other Yen [...]
Seen this coming a mile away
Posted in Carry Trade, Market News, tagged carry, crisis, financial, trade on October 17, 2007 | Leave a Comment »
The US Stock market fell yesterday due to financial crisis in the banking world. A group of large bank came out with an idea and the market didn’t like it. Because the GBP/JPY mimic the Dow Jones, I should have seen this coming. The yen made significant gain today and pushed high enough to knock [...]
