Tag Archive for 'banks'

Historic Bullsh!t

Published on August 4, 2011, 9:03 pm in Trading. Closed Tags: , , , , , .

Yes it was the worse day for the markets since December 2008! Just look at some of those numbers for just the 4 days of this week: Energy and Transportation down 10%; Russell down 9%; Banks down 8%; Semis down 7%…just ugly! Get a perspective here at A look at the Dow’s worst drops since 1900.

The VIX finally perked up with a 35% pop today and ES volume was enormous, relatively speaking with over 5 million ES contracts traded. Haven’t seen that since…well I don’t know when…but it’s been a long time!

And did you see the NYSE Advance/Decline volume? …-84:1 WOW! I guess traders aren’t going on vacation…they’re lurking!!

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Time for a bounce?

Published on April 18, 2010, 9:09 pm in Opinions. Closed Tags: , , .

Futures continue their downside move this evening. This is the first chance for the Asian markets to react to Friday’s GS spectacle. But the rest of the news isn’t that great….

The carnage of seizing banks continue….51 already this year. Regulators seize eight banks We’re on pace for twice as many closures as last year!

The SEC’s Fraud Case Against Goldman Seems VERY Weak

The SEC’s case against Goldman seems weak. The case against Tourre seems somewhat stronger, but it’s not no slam dunk.
Overall, based on a close reading of the evidence, the case against Goldman seems much less clear cut than the press and SEC are making it out to be.

Traders see room for a pause in stock market climb

Goldman Sachs May Face U.K., German Probes After Suit

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