Monday, July 29, 2013
The Fabulous Fab Is Back (In Court)...
... and the market is still humming along in anticipation of some racy language from Bernanke on Wednesday. Is he going to give it to us? We'll find out soon enough...
From my most recent plays, L missed and SPG beat. I stayed 'put' for now.
What surprises me most is that people still seem to be willing to sell puts even at these less-than-one-percent levels. Is this the final straw that will get all the put sellers in and then VIX them once and for all?
-0.30% SBA
+1.23% Roth IRA
-0.24% DJIA
-0.39% Nasdaq
-0.37% S&P
+0.08% FTSE
+0.07% Eurofirst
-3.32% Nikkei
-1.72% Shanghai
-0.78% SENSEX
-0.54% Hang Seng
-0.24% WTI
+0.34% Brent
+0.52% Gold
+0.03% Copper
-0.56% Corn
-0.39% USD/JPY
-0.46% EUR/JPY
-1.10% DJT
+5.19% VIX
+0.94% 10-Year US Treasury Notes
29% Advancing Issues on NYSE | 35% Up Volume
69% Declining Issues on NYSE | 63% Down Volume
2% Unchanged | 2% Unchanged
31% Advancing Issues on Nasdaq | 39% Up Volume
66% Declining Issues on Nasdaq | 60% Down Volume
3% Unchanged | 1% Unchanged
Major Headlines Today:
Hudson's Bay To Acquire SKS...
Publicis And Omnicom To Merge, Creating World's Biggest Advertising Company...
Alwaleed warns of US shale danger to Saudi...
Nouriel Roubini sees gold falling toward $1,000 by 2015...
Bernanke Ordered To Testify In AIG Lawsuit...
SAC's Cohen Throws A Party Despite Indictment...
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