Monthly Archives: June 2011

Good news on food inflation

Today you are seeing a large sell off in grains. Corn and Soybeans are now at the lows of the year and wheat is close to lows within the last 2 years. The reason for the drop is a report … Continue reading

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Market View

There are a couple of things moving the market higher today. There was some notable positive news today and that was a better than expected case-schiller housing index for April. It was the first month over month increase in prices … Continue reading

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America more managerialist than capatilist

Interesting article at Project Syndicate claiming that corporate boards and executives have too much power relative to shareholders. Considering the outrage over executive pay, I think giving shareholders more power might be favored by both the left and the right. … Continue reading

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The fed, dollar and unemployment claims

I think the main reason for today’s sell off is yesterdays fed conference. As I explained  in the post from last night, Bernanke clearly laid out yesterday that in the near term the market should forget about any extra stimulus … Continue reading

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QE3 off the table for now

I have been a bit busy so haven’t been able to post for the last few days. Today we had the FOMC meeting  announcement and Ben Bernanke’s press conference. I listened to the press conference and I think the key … Continue reading

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VIX is rising strongly

The VIX index which is a measure of expected volatility and generally used as a gauge for fear in the market is rising strongly. The VIX is calculated using premiums on a basket of S&P 500 options. Typically the VIX … Continue reading

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Positive Divergences Emerging

We are starting to see some positive divergences in the market, which is a bullish sign for the short term. We still have a big headline risk from Greece which can always whack the market but today’s action is encouraging. … Continue reading

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