Posts Tagged ‘europe’

• The Morning Morsel: Too Silly To Fail
  UpsideTrader, July 26th, 2010 at 8:02 am, Comments: 0

  All but 7 of 91 European banks passed the much-anticipated “stress tests” aimed at showing Europe’s banking system is sound enough to weather the continent’s debt crisis – an outcome that officials hoped would forestall further market turmoil. If financial markets take the view that the tests were not tough enough [...]

• Weekend Linky Dinks: P.I.I.G Stress Test, It’s All Good, I Swear
  UpsideTrader, July 24th, 2010 at 8:33 am, Comments: 0

  U.S. bank failures this year have surpassed a milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada and Minnesota. The pace has accelerated as banks’ losses mount on loans made for commercial property, development and just about everything else. The six bank seizures announced Friday bring [...]

• The Morning Morsel – China Not So Hot
  UpsideTrader, June 29th, 2010 at 8:33 am, Comments: 0

  New data showing that China is slowing down is pounding global markets this morning. Our 10 year note is trading under 3%. The S&P is down about 1.5% and the Nazzy is off about 25 points. The Nazz was the only index that held the market together yesterday.
  The DAX is down 2.3%, FTSE down 2.2% [...]

• The Morning Morsel-The Euro, a Currency Without a Country
  UpsideTrader, June 2nd, 2010 at 7:32 am, Comments: 0

  It was a very tight range for most of the day until we failed late.
  Following the U.S. markets’ worst May since 1940, the Standard & Poor’s 500 Index is trying to rally to start June.
  The upturn follows a failed test of the S&P’s 200-day moving average last week, and all trends [...]

• The Morning Morsel-China Stays at the Table-Big Whoop
  UpsideTrader, May 27th, 2010 at 6:24 am, Comments: 0

  There is a huge relief rally underway in global equities this morning. Part of yesterday’s sell off was uncertainty about China’s willingness to own/buy European debt. Overnight they said they are going to remain long. This same conversation has been going on for months regarding our own debt. Where else would they go? The market [...]

• Weekend Linky Dinks- Blame It On Europe….Really?
  UpsideTrader, May 22nd, 2010 at 8:29 am, Comments: 0

  The  Kennedy assassination had Oswald, Giancanna and Castro, Hillary Clinton blamed a right wing conspiracy theory when Slick Willie was going down, we blamed a fat finger a couple of weeks ago for the market crash, but the real devil in the details is Europe right?. The cradle to graver’s  on the other side of [...]

• Weekend Linky Dinks-Europe Weighs
  UpsideTrader, February 6th, 2010 at 8:37 am, Comments: 0

  “The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt.”
  -Cicero, 55 BC ( Courtesy -Hedgeye)

  Crazy day. Why did the market cave and then rally through the highs of [...]

• Follow Through or Failure?
  UpsideTrader, February 25th, 2009 at 7:20 am, Comments: 0

  There is Larry Summers literally falling asleep at Obama’s economic summit. About 130 lawmakers and think-tankers were in attendance. Go get em’ tiger. He must be working 27/7 because I haven’t seen him since his appointment.
  Fourth quarter losses at Merrill were about $15.8 billion, about $500 million higher than expected, “forcing” BAC to take an [...]