Tag Archives | Ben Bernanke

NOB Spread, A Contrarian Play

When the boat is leaning one way I generally prefer to be on the other side. Do I think the 33 year bull market is over in Treasuries…the simple answer is yes but in the short run I think the debt complex has gotten ahead of itself and we get a rebound from current levels. […]

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Is the Nikkei Foreshadowing a Move in US Markets?

The Nikkei has moved in one direction the last six months but like any party they all come to a conclusion. This to me is a classic case why investors cannot fall asleep at the wheel and after significant gains it generally always makes sense to book profits and manage your expectations as markets do […]

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Uncle Ben is speaking tomorrow

Energy:  July Crude oil held its 8 day MA on an inside day. I say lower from here but would only take small bets. My suggested play is short August futures and selling out of the money puts1:1. I’m only looking for $3-4 so if the market delivers cover. RBOB gave up 2% today failing […]

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Feb. 25 S&P

Choppy Trade as Shorts Cover on Dips

Ben Bernanke seemed to have revived the financial markets, at least temporarily, for the second consecutive day. At one point the S&P was trading nearly 20 points into negative territory; however, details provided for “stress tests” and the granting of immediate access to further government support from the $700 billion bailout fund managed to turn […]

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