Monday, August 26, 2013

Good Day, Bombay!


After all the forexual tension, perhaps the Maharajas are finally going to get some reprieve from the sharp decline in the INR?

The biggest surprise of the day seems to be the sharp turnaround as potential action in Syria seemed to suddenly move the markets according to Bob Pisani on CNBC.  When politics begin to drive the market, I wonder out loud how much momentum the Conviction Bulls have going for them.

The VIX put in some daily gains and if there's a continuation, some of my puts could finally go into the money!


+0.64% SBA
+1.99% Roth IRA

-0.42% DJIA
-0.01% Nasdaq
-0.40% S&P

+0.70% FTSE
-0.01% Eurofirst
-0.18% Nikkei
+1.90% Shanghai
+0.21% SENSEX
+0.65% Hang Seng

-0.17% WTI
-0.03% Brent
+0.45% Gold
-0.73% Copper
+4.04% Corn

-0.01% DJT
+5.36% VIX

-0.46% 10-Year US Treasury Notes


42% Advancing Issues on NYSE                |   43% Up Volume
55% Declining Issues on NYSE                 |   54% Down Volume
3% Unchanged                                      |   3% Unchanged
96 New Highs   |   23 New Lows

47% Advancing Issues on Nasdaq             |   56% Up Volume
50% Declining Issues on Nasdaq              |   43% Down Volume
3% Unchanged                                      |   1% Unchanged
115 New Highs   |   15 New Lows


Today's Major Headlines:

Obama Prepares US Public For Syria Action




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