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My Gut Feeling for Today, September 24, 2012 ($)

crystalball

We survived the ultra mega multi quarterly derivative expiration without any major dislocations. The hangover this morning is likely to be mild to non-existent. Overall the markets were slightly lower but virtually unchanged last week. Today’s news is some of the old European and Chinese stories that are getting dug up on an otherwise slow […]

My Gut Feeling for Today, June 27, 2012 ($)

crystalball

We wake up to slightly higher futures but not of the magnitude that will really matter once the markets open. So, I will call it a flat looking open. We also wake up to several important bits of news. Stockton, California is expected to file for Chapter 9 bankruptcy. This will be the nation’s largest […]

My Gut Feeling for Today, June 26, 2012 ($)

crystalball

It all comes down to Angela Merkel versus the world. I would not say that Merkel is a winner as much as the world is a loser in this battle. Of course, all of her bravado is just words ahead of the two-day Euro Summit (or Euro XX for the 20th financial crisis summit) to […]

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