So far, the Apple insiders who have seen and heard stuff about this project are not giving it their blessing. They seem to have problem with the way things are played up a bit. Wozniak, in particular, has been publicly critical. That’s too bad, Woz – it’s not a documentary and people expect to be…
June 2013
This Week on TRB
Here were the most read posts on TRB this week, in case you missed them: handoffs are messy. The Spoiled Child is Learning Hey You! Update: End of the World Trade The purpose of this site
Clips from Tonight’s Fast Money
Bernanke Blinks, Taper Gets Tapered
Just as the blood and guts of both the bond and stock markets were beginning to sploosh over the railings, Captain Bernanke and his surrogates fired a shot across the tape, calling a halt to the slaughter. In what could only be described as a coordinated counter-offensive, the FOMC’s doves did a flyover, dropping their…
Welcome to the Sausage Factory
Josh here – my friend and CNBC Fast Money co-host Stephen Weiss has written a very insightful take on the market’s reaction to all this wonderful Fed Transparency. Weiss’s take is that we might have been better off had the Fed just done the taper and then told us about it after the fact –…
So…Was That Capitulation?
Jonathan Krinksy, technical analyst at Miller Tabak + Co, is out with an interesting statistic discussing just how aberrational the turmoil of this week has been. He notes that having a “down 95% day” wherein 95% of all trading volume is in declining stocks – happens very infrequently. And having a down 95% day follow a down…
Hot Links: Free at Last
Your morning financial links, expertly curated.
Clips from Today’s Fast Money
Dan Nathan vs Karen Finerman: Buy Dips or Sell Rallies?
Video.
handoffs are messy.
Mohamed El-Erian uses the term “handoffs” to describe the changes taking place around the world as various market forces and regimes take over from each other. In China, it’s the handoff between an infrastructure-based economy to a consumer-driven one, for example. Here in the US, we’re attempting a handoff from a Federal Reserve life-support economy…