Despite Extreme VIX Movements, Option Traders are ‘Lukewarm’
According to the VIX, option-traders are complacent and have been complacent for many months. The bearish VIX implications however, have not been confirmed by two...
Category : Home
MBA: Mortgage Applications Increase, Purchase Index highest since May 2010
The Refinance Index increased 5 percent from the previous week and is at its highest level since mid-January of 2013. The seasonally adjusted Purchase Index...
The Day After… Index ETFs Recover From The Slump
The market quietly opened higher today as the nation is still in shock of the bombings in Boston. Equities snapped back Tuesday after Monday’s nasty...
Chart of the Day: BRICs Markets are Struggling
The grid of charts shown below perfectly illustrates the under performance of emerging markets in recent years. Let us quickly cover some of the more...
Watchlist For Wednesday
If I sense weakness in the overall market I may keep thing simple and buy $TZA (short small caps). I also like this HDGE as...
Bernstein: The Fed Will be Behind the Curve When It’s Time to Tighten
Richard Bernstein’s latest research piece has a view that I very much agree with. The Fed is traditionally a reactive entity. When the economy is...
Philadelphia, 5th Largest City in US is Effectively Bankrupt
You know a city is in deep trouble when its mayor invites Wall Street but not the press and not private citizens to a closed...
Wednesday: Beige Book, Mortgage Applications
Another Spring Slowdown? On net, I think the data is telling us a familiar story: The positives in the US economy are difficult to ignore....
Revisiting the Budget Plague
Deficit spending by the government is merely the counterpart of private sector saving. What government deficit spending does is to permit the private sector to...
Is China’s Anti-Corruption Campaign Responsible for Global Commodities Sell-Off?
Commodities came under severe pressure yesterday, in part driven by some negative news out of China, the world's largest single consumer of natural resources. The...