One of the best webinars I’ve ever seen. Regardless whether you’re an investor or trader, in this video Jack Bouroudjian covers the major interacting forces acting on the market such as economic reports, treasuries, and yield curve. In addition, Bouroudjian shows us incredible insight into how the markets are structured, interact with each other, and [...]
The following discussion took place in the Hamzei Analytics High Frequency Trading chatroom on September 1, 2009. Names in this transcript has been changed for privacy purposes.
MORNING
9.1.09 S&P 500 Chart for Morning (9:30am-12pm EST)
Moderator_A> I tend to lever more aggressively at time points in the day Trader_A
Moderator_A> and I may take off
Moderator_A> numerous pieces of [...]
Based on the feedback we have been receiving over the past few weeks regarding our weekly newsletter, we are changing the format of the BHBGroupTrader Market Spread Report. First, the capital markets comment will contain four sections, each pertaining to a different complex in the futures asset class: macroeconomic/equity, currency, interest rate, and commodity. Second, please note that in the ideas section, I will include only recommendations applicable to the futures market.
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
ProShares UltraShort 20+ Year Trea (ETF) (NYSE) - daily- broke falling wedge- in 49-53 range- bullish doji bounce from 200daySMA- watch break of 53
ProShares UltraShort 20+ Year Trea (ETF) (NYSE) - daily- another look- symmetrical triangle forming since April- watch resolution for direction
Dell Inc. (NASDAQ) - daily-broke [...]
So much for the dog days of summer. The week of August 10-14 promises to be one of this summer’s more pivotal weeks for the capital markets: equity markets will contemplate the Federal Reserve’s Open Market Committee Statement on Wednesday for clues regarding the strength of the economic recovery and associated monetary policy; the bond [...]
What caused the sudden and precipitous drop? The economic data, once again, was horrendous: the unexpected drop in last Tuesday’s Conference Board Consumer Confidence report provided the preamble; Thursday’s non-farm payroll number showing the US economy lost some 130,000 more jobs than expected proved to be more than any green-shoot theorist bulls (or more importantly for purposes of the ensuing discussion, supplemental liquidity-providing proprietary program traders) could handle.
Don’t laugh. While we become ever-more convinced with each passing day that we are currently experiencing a deflationary depression that will take global equity indexes to levels way below their March lows before the end of 2009, we think the stock market can rise. You read it correctly. I am very excited and indeed, quite optimistic about the equity markets. For this week, at least.
lain and simple. Equity markets started the week of June 15-19 on the wrong foot as the European Central Bank confirmed Monday the view I posited in last week’s BHBGroupTrader Market Spread Report, namely that central bankers are not buying the green shoot theories of recovery. In its bi-annual Financial Stability Review, the ECB suggested that euro-zone banks will [...]
I usually try to write original posts, but now and again there’ll be posts from other sites that I’d like to bring to your attention, especially for the newer traders. Ft.com’s Alphaville blog posted this great “look under the hood” of the UNG Natural Gas ETF and the crisis this ETF is experiencing. ETFs are [...]
In rather peculiar trading, which saw relatively wide intra-day ranges and yet relatively tight closing prices, the S&P 500 broad market index closed the week of June 8-12 a whopping 8 points, or 0.85% higher.
