Despite all the rescues – rumored and real – headed our way, there seems to be very little respite for the Chinese stock market. While indexes in the U.S. and Europe bounce on these hopes, there is a distinct lack…
It is hard to get behind any sort of pronounced rally when these are the sector ETFs showing the best relative strength SPDR Utilites (XLU) iShares Investment Grade Bond (LQD) iShares Preferred Stocks (PFF) Market Vectors Oil Services (OIH) SPDR…
Another head shaking week in the books. Just as we saw on the last day of June, right when U.S. markets seemed poised to fall off a cliff a European surprise created a massive morning gap up "and go"….
Huge move in the last 15 minutes as there is talk of Draghi talking to the Germans … Draghi Said to Hold Talks With Weidmann on New ECB Measures, Draghi’s Proposal Said to Include Bond Buys, Rate Cut, New LTRO….
I mentioned coming into this earnings season my worry was more about guidance in Q3 (and Q4 especially) rather than the current quarter where expectations had already been slashed quickly the previous 60 days. That said, Q2 results have been…