This is a sample post from Wolf on Wall Street from this afternoon.
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Wolf on Wall Street
We Didn’t Close at $1666
Saturday, May 18th 2013
posted by: Brandt
Many were amused, some think of conspiracy, I suppose without
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Is today’s rally in stocks something you can count on and invest in with profitable results?
Or is it likely to end soon — most likely, just as you put YOUR money on the table?
Among the thousands of investors flocking to Las Vegas for the Money Show this week — in workshops, during cocktails and around the hotel’s gambling
Tagged as:
Issues
It was never easy being a central banker and the job has become much more difficult over the course of the last five years or so, but right now the task of guiding monetary policy and juggling the myriad of threats to economic stability is particularly daunting.
Take the Fed, for instance. The current policy statement calls for $85 billion…
Tagged as:
Blog,
GDP,
industrial production,
ISM,
VIX and More
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| Mini-Russell 4-Hour |
We can see the Mini-Russell trading in a sideways-trading-range at the highs of the range from the last 2 days. We know that a close above the PHOD at 991.0 will get us buying pullbacks using the Entry-Trigger Indicator with a profit-target up at the 994.0 double-bottom resistance and the big-round-number of 1000.0 for the runner.
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| Mini-Russell 5-Minute |
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Global Market Comments
May 17, 2013
Fiat Lux
Featured Trade:
(HANGING OUT WITH CONGRESSMAN BARNEY FRANK),
(THE MOST FUNCTIONAL WORD IN THE ENGLISH LANGUAGE),
(AN EVENING WITH NOBEL PRIZE WINNER MICHAEL SPENCE)
(EEM),(EWZ), (EWY), (EWT), (EWS),
(EWH),(TF), (IDX), (EWM), (FXI), (EWJ)
iShares MSCI Emerging Markets Index (EEM)
iShares MSCI Brazil Capped Index (EWZ)
iShares MSCI South Korea Capped Index (EWY)…
Tagged as:
Diary,
Newsletter
On of the highlights of last week’s SkyBridge Alternatives Conference was the blowout party on Wednesday night (click here for the blow by blow description).
Seeking refuge from a band that was blasting my ears out, and fleeing the nubile young bodies that kept bumping up against me and spilling my margaritas, I sought out a safe haven. There, cloistered…
Tagged as:
Diary,
Newsletter
Passed on by a friend with my apologies:
Well, it’s shit… That’s right, shit!
Shit may just be the most functional word in the English language.
You can smoke shit, buy shit, sell shit, lose shit, find shit, forget shit, and tell others to eat shit.
Some people know their shit, while others can’t tell the difference between shit and…
Tagged as:
Diary,
Newsletter
I have always been a sucker for a visiting Nobel Prize winner in economics. So when I heard that Dr. Michael Spence was passing through town, I was on the next BART train. Michael was here to promote his latest book, The Next Convergence; The Future of Economic Growth in a Multispeed World.
Michael believes that world GDP will triple…
Tagged as:
Diary,
Newsletter
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| Euro 60-Minute |
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The 60-Minute anchor chart shows us moving lower this morning with a wide open space below us all the way down to the 2780 buy-zone. We can see a previous price-wedge has broken to new lower-lows and we know there are sell-zones above us at 2873 and 2909 which will make for easy selling opportunities if this price-action
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After an odyssey that lasted more than a year, my wife and I finally got over the finish line this week. We finally closed on the purchase of our new house.
We’ll be unpacking boxes and figuring out which light switches control what for a while. But we couldn’t be happier with the place and are looking forward to spending
Tagged as:
Issues
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What you do speaks so loudly that I cannot hear what you say” — Ralph Waldo Emerson”
This morning we wrap up Options Expiration Week with a finally-Friday trading session with our advanced members in the Live Trade Room.
We begin this morning with concerns over volume and market-personality because a Friday is always a …