Last week, every talking head in the financial media was falling in love with the leading financial stocks again, however, today these institutions look more like a zombie institution. Morgan Stanley (NYSE:MS) was last week’s big winner. Today MS stock is declining lower by $1.34 to $17.98 a share. This is a 7.0 percent decline [...]
Staring at the VIX from the 30,000 foot level, it looks much different than it does from the trenches of daily trading. In the monthly chart below, one can see that from 1990 through 2008, the VIX moved in fairly regular ‘VIX macro cycles’ of 2-4 y…
The VIX and More blog has been quiet for a while as I enjoyed some vacation time and family time. Of course it always seems that when I take some time off the VIX decides to do something extreme and this time around it was no exception. While I am abo…
The markets are lower across the board. Japanese intervention in the currency market, coupled with worries over Italy have sparked some profit taking. The SPDR Dow Jones Industrial Average ETF (AMEX:DIA) is trading at $120.54, -1.50 (-1.23%) while the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ) is trading at $58.37, -0.57 (-0.97%). While the markets [...]
This morning, Sohu.com Inc (NASDAQ:SOHU) is trading sharply lower by $7.09 to $61.92 a share after reporting earnings. Many investors believe that China is beginning to slowdown, therefore, traders are watching this earnings season very closely to see if there are any clues of a weaker Chinese economy. Other leading Chinese ADR’s that are trading [...]
This morning, all of the major stock indexes are trading sharply lower. The problems in the European Union and the possible bankruptcy of MF Global Holdings Ltd (NYSE:MF) seems to be too much for investors. The real catalyst for today’s decline is the strength in the U.S. Dollar Index futures (DX Z1), which are trading [...]
Since October 4, 2011 the major stock market indexes have soared sharply higher. This October rally has been one for the record books. Obviously, short covering from the European bailout news has helped this stock market trade higher over the past four weeks. The leading technology stocks have benefited greatly from this stock market surge. [...]
I am an amateur economist and economics is rather entertainment for me. My profession is geophysics and seismology. We have started an important study and here is an extended abstract (https://na22.nnsa.doe.gov/prod/researchreview/2011/PAPE…
$ $ $USA Personal Income and Consumer Spending are at Post-Recession HighsS&P 500 OVERVIEWS&P 500 The S&P 500 closed at 1285.09 on Friday, October 28, 2011. The S&P 500, SPX, was up +3.78% for the week, is …
While the cheerleaders on the cable financial news networks are shaking their pom-poms and jumping out of their seats about the recent stock market rally oil prices have surged higher over the past month. The price of WTI crude futures (CL) has soared higher by nearly $20.00 since the October 4, 2011 low when oil [...]
