Here’s my take on the markets today, May 24th, 2013. If you’d like to read more of my articles, click here. Credit gauges are mostly deteriorating today. The Libor-OIS Spread is gaining +4.8% to 16.52 bps(+8.3% in 5 days). The TED Spread is up +2.2% to 23.72 bps. The 2Y Swap Spread is up +6.3% [...]
What will ignite tech next?
May 24, 2013 By Leave a Comment
I had more questions from Markewatch.com readers this week than ever before. If you’ve got a question about investing, trading, markets, economics, politics or anything else I can help you with, email me at support@tradingwithcody.com. Here are this week’s questions about specific tech stocks and my best attempt at answering them. Q. Cody, are there [...]
A Rare 3rd Down Day For Stocks?
May 24, 2013 By Leave a Comment
The market is currently lower for a 3rd day in a row. Normally that wouldn’t be very surprising, but this year has been anything but normal. Over the last 5 months of trading, there has only been one 3-day losing streak in the S&P 500. Today could be the second occurrence, although its still early [...]
Mr. Willard goes to Washington
May 23, 2013 By Leave a Comment
I spent the last week in Washington, touristing, taking meetings, and talking to everybody rich or poor, powerful or powerless that I met. I discussed geopolitics, bailouts and economics with immigrants from Ethiopia, Sierra Leone, Mexico and Italy. I ran into former head of the FDIC, Sheila Bair, whom I’ve interviewed on TV several times, [...]
Japanese Investors Hit The Panic Button
May 23, 2013 By 1 Comment
Markets are lower this morning on some panic selling overseas which weighed on stocks here in the US for a second day. This overshadowed some positive economic data with jobless claims lower than expected and new homes sales for April coming in well above expectations. Last night Japan saw a huge 7.3% plunge in the [...]
Market Cheers Bernanke Testimony
May 22, 2013 By Leave a Comment
Many investors were concerned about today’s testimony before Congress by Fed Chairman Bernanke. Most figured his comments about how soon the Fed would end its quantitative easing program would unnerve the market and stocks could be vulnerable to a selloff. But in this market, any news is good news. Bernanke reiterated that the decision to [...]
Stocks Pause For Second Day
May 21, 2013 By Leave a Comment
The markets are slightly lower this morning. Yesterday stocks finished slightly lower also, but after such a big rally one might expect to see a larger pullback or more profit taking ensue. But this has not been the case for months now. It’s still early today, but the odds favor more of the same. There [...]
Gold, silver, and real estate will save you
May 20, 2013 By Leave a Comment
Gold and silver and stocks and bonds and real estate and cash and checking accounts and money market accounts and taxes and bailouts and crises and terrorism and corruption. I’m sure I left a lot out, but those are some of the topics I’ve been addressing for my subscribers and in Washington while I’m here [...]
Monday Morning Musings
May 20, 2013 By Leave a Comment
Markets are slightly higher this morning after another rally Friday to record levels. Last Thursday the market started to pull back, and many folks were hoping for at least a little correction. But stocks came roaring back on Friday continuing to frustrate those hoping for a better buying opportunity. There isn’t much in the way [...]
Loading ...
