Monthly Archives: May 2011

On Vacation

I will be on vacation till June 5th, will start posting after I get back. Advertisements

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Jobless Claims still elevated

Today we had the release of the 2nd estimate of 1st quarter GDP which came in worse than expected at 1.8% instead of expectations of 2.1%. The first estimate had been also at 1.8% but economist were expecting it might … Continue reading

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Information from Credit Default Swaps

Thanks to Bloomberg, we can get quotes and charts for Credit Default Swaps (CDS) on many countries.  The easiest way to think of a Credit Default Swap is that it lets one party buy protection from another party for a … Continue reading

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Market View – Could have been worse

The market opened with a big gap down due to large sell offs in the global markets, mainly due to the European debt issues and some weakness in Chinese manufacturing data. Although we see red across the market, there were … Continue reading

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The Week Ahead

I think the financial markets will again be hooked on to the European issues next week. Greece, Ireland and Portugal are in really bad shape and it is looking more and more likely that they may have to default on … Continue reading

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Linkedin IPO

Looking at trading in Linkedin stock, it is pretty apparent that the company was underpriced at the IPO and it left a lot of money on the table. I think companies which are already well known and followed should do … Continue reading

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Globalization of Financial Markets

The market is again taking a cue from the currency markets today. We sold off after the open once the dollar started gaining strength. It gets a little hard to trade when the stock market just follows the currency market. … Continue reading

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