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Bear Market?

Murphy’s Law struck and of all the days – seriously – it was yesterday in which our open position files from the clearing firm were not updated in the morning (the clearing firm was having problems). I was excited to get into work ...

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China's Yuan

The market hit some of those intraday support lows, but what was important was how we closed. We saw volume pick up and a strong rally to get above those key levels and that is a hopeful sign that we could see continued support in here. It is not ...

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China, FOMC, Dollar?

The Chinese market took it on the chin and was down 8.5%, the most in years. That is trickling over into the European markets and we are seeing the pre-market futures in the U.S. under pressure. Last week the US markets closed lower with no late ...

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Santa's Sleigh runs out of nitro!

Had the Santa Claus rally already come to pass? We had a strong rally after what can be only being called the Ebola Sell Off – a mere correlation which is certainly not proof of causation. However, the rally seemed to have some significant ...

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Alibaba and Exports?

It is Election day and regardless of your politics or mine, I urge you to go out and vote. It is one of the most important duties we have as citizens in this nation. I am not sure how the market will react, perhaps it is time to "Sell the News" as ...

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ZIRP

We are seeing significant volatility and huge swings in the market. No doubt that panic is starting to rear its ugly head. While I am critical of this market and do expect a correction, I don’t believe the Fed will sit by in this next FOMC ...

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Kobayashi Maru

The protesting in Hong Kong is in a lull and the ball is in China’s court. I had a talk with my son (10 years old) last night about it and had him work though the logic problem, possible scenarios, and to put himself in both the shoes of the ...

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Hong Kong Freedom?

We had a volatile week and it doesn’t look like it is going to stop this week. The market has been pushed up into the high range and with the upcoming election and FOMC meeting, the market seems to be at odds on what to expect in the future. ...

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