20 Books Every Trader Should Read
This post originally appeared on bclund.com on March 13, 2012.Before I get into this list, I have a warning for those looking for a book on trading, how to trade, or how to become a better trader....
View ArticleEU Financial Tax Portends Loss of Market Leadership
By: John Browne Tuesday, January 29, 2013 Although it was barely noticed by the American press, on January 22nd, EU finance ministers approved a new “Financial Transactions Tax” (FTT) that has...
View ArticleDaily Interest Rate Monitor – January 29
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View ArticleStratfor: France’s Economic Challenges in 2013
Year to date France’s 10-year sovereign spread is 10 bps tighter to the German Bund and the CAC 40 stock index is almost almost 4 percent. No worries, mate. Not yet.Stratfor Europe analyst Adriano...
View ArticleDaily ETF Roundup: Dow Nears 14,000 Level
After yesterday’s pullback, investors welcomed several better-than-expected earnings reports, which helped outweigh sluggish economic data. Oil giant Valero (VLO) topped analysts expectations in their...
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50 Economists' Forecasts For Wednesday's GDP Report
A big economic announcement this week will be tomorrow's Advance Estimate for Q4 GDP from the Bureau of Economic Analysis. The final number for Q3 GDP was 3.1%. The general consensus is that Q4 will...
View ArticleBig Enough to Be Useful, Small Enough to be Possible
“When I saw that screen light up that day in the Merrill Lynch offices, I lost any residual doubt that Bloomberg could make it. We had picked just the right project. It was big enough to be useful,...
View ArticlePicture of the Day: The Wall of Liquidity
Stock traders are not the only ones surfing a record wall of liquidity and in “zones we haven’t never been surfed” before. The Australian reports,THE northern hemisphere’s winter has been a...
View ArticleWhat’s Up With This?
Obama lands at Andrews, two hours ahead of sked, after a lightning-quick visit to Las Vegas. Practically sprinted to Marine One.#secondterm— Mark Landler (@MarkLandler) January 30, 2013Read more posts...
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US Silver Coin Sales Hit An All-Time High In January
NEW YORK (Reuters) - American Eagle silver coin sales in January surged to an all-time monthly high as the U.S. Mint resumed sales after huge demand triggered a brief suspension, and gold coins also...
View ArticleThe Market Rally Tells Us Nothing about the Economy
By EconMatters Just four months ago…Markets have had a good run from the third quarter earning`s selloff, the inevitable Santa Claus rally, and the first quarter new money being put to work. But all...
View ArticleWednesday’s ETF Chart To Watch: SPDR Gold Trust (GLD)
Buying pressures continue to reign supreme on Wall Street as equities tallied yet another session in green territory; the S&P 500 Index posted a fresh five-year high yesterday, settling just shy of...
View ArticleGDP Comes Out Today, And It's Expected To Be The Weakest Number Since The...
WASHINGTON (Reuters) - The U.S. economy likely grew at its slowest pace in nearly two years in the fourth quarter as businesses added less stock to their warehouses and government spending fizzled,...
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What's Wrong With This Picture?
January US consumer confidence from the Conference Board came in materially below consensus yesterdayReuters: - Consumer confidence dropped in January to its lowest level in more than a year as...
View ArticleInterest Rates Drive Divergence in FX
The euro has raced higher, with the $1.35 level convincingly breached and the option structure rumored to be struck near $1.3550 taken out. The US dollar has moved to new highs against the Japanese...
View ArticleHigher Gas Prices & Lower Take Home Pay will Kill Rally
By EconMatters Gas Prices Pegged to Risk On TradeAs long as gas prices are pegged to the market rally in equities and the currencies in the Risk On Trade then this rally is nearing its end. Gas prices...
View ArticleETF Cheat Sheet: Precious Metals
Precious metals are one of the rarest and most valuable commodities in the world, making them a popular investment tool for long-term buy-and-hold and short-term investors alike. Typically, this asset...
View ArticleGLDI: Where Gold And Dividends Meet
Credit Suisse added a new fund to their lineup yesterday: the Gold Shares Covered Call ETN (GLDI). The fund takes a new approach to gold investing, which has seen a surge in popularity in recent years....
View ArticleWhen the Gold Bugs Start Selling Look Out!
By EconMatters Where are all the Gold Bugs?The decline in GDP saw gold and silver spike yesterday with the thought that the fed will still be around a little while longer. But before that report...
View ArticleThursday’s ETF Chart To Watch: MSCI Canada Index Fund (EWC)
Mild selling pressures swept over Wall Street on Wednesday as the bulls found it hard to hold on to profits in the face of disappointing data. Major equity benchmarks slid lower on the day as U.S. GDP...
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