The Reformed Broker, AKA Sookie Stackhouse, here with today’s Market Recap… The stronger dollar/ weaker stocks and commodities trade was On Like Donkey Kong once again today. Estimates for global gdp growth were revised lower overnight, and as you can see below, the materials and metals bore the brunt of the beating as the Dow…
Market Recap
Market Recap: Story Time
The Reformed Broker, here with today’s Market Recap… Quadruple Witching Options Expiration day…Yawn. Oil was lower and so, in our deflationary environment, so were most stocks. Techs looked weak all day off the Research In Motion (RIMM) results from last night. Thanks for reading this week, tune in tomorrow for Hot Links. Good night!
Market Recap: All In? Nahhhhh.
[vodpod id=Groupvideo.2759320&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA Butchie Yost, here with today’s Market Recap… How many of y’all went All In today, like The Grouch & Eligh, with the Dow up give or take 70 this afternoon? That’s what I thought. No one seems to have any conviction that this week’s pullback has brought us back…
Market Recap: Regulate
[vodpod id=Groupvideo.2752577&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA Nate Dogg, here with today’s Market Recap… In honor of President Obama’s massive Wall Street regulations overhaul today, I thought we’d get started with the classic West Coast joint Regulate by Warren G. Today was one of those ping pong days here on The Street, without…
Market Recap: Dollar Does the Warrior's Dance
[vodpod id=Groupvideo.2726984&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA the Firestarter, here with today’s Market Recap… Let me get this straight…a Russian minister makes an offhand comment about how the US Dollar probably won’t lose it’s reserve currency status anytime soon and the entire market nosedives? I guess we really are being led around by the commodities…it hadn’t…
Market Recap: The New Beasts
The Reformed Broker, AKA Daddy Warbucks, here with today’s Market Recap… I thought I’d skip the averages today in favor of showing three charts of The New Beasts. From every bear market, a set of new leaders emerges, often, these are stocks that had nothing to do with the prior bull market. My highlighting of…
Market Recap: Goodbye Grasshopper
[youtube=http://www.youtube.com/watch?v=5E0WHDMrL_U] The Reformed Broker, AKA Beatrix Kiddo, here with today’s Market Recap… Yet another meltup today as the banks led the charge. James Cramer of TheStreet.com believes that Bank of America (BAC) is the most important tell in this market right now because of it’s mortgage exposure, mutual fund manager attraction and all of their…
Market Recap: China Plays Peter Out
[vodpod id=Groupvideo.2654635&w=425&h=350&fv=] The Reformed Broker, AKA Sweet Georgia Brown, here with today’s Market Recap… Well we certainly couldn’t go up every day, guys! The pain was everywhere with the Dow off around 100, but it was felt the most in the inflation/ weak dollar/ China export sectors. Here’s the chalk outline at the 3:30 look: Worst…
Market Recap: Build-a-Bank
[youtube=http://www.youtube.com/watch?v=egT8-06AcSY] The Reformed Broker, AKA The Pastrami King, here with today’s Market Recap… OK stocks and sectors, take one step forward if you were lookin’ good during today’s market melt-up… Not so fast, Newspapers! The 3:30 look at the Newspaper Sector: Laggards in Price Performance (Intraday) E W SCRIPPS CL A [ssp] -9.46% A.H. BELO…
Market Recap: GM's a Zero
[youtube=http://www.youtube.com/watch?v=2a8skzlhxDY] The Reformed Broker, AKA The Sugar Bear, here with today’s Market Recap… OK, finally, General Motors (GM) makes it official. They’re a Zero. Let’s move on. And would you believe that the auto-related stocks rallied? That’s either a short-squeeze or the finality and closure that this industry needed… Check ’em out at the 3:15 look,…
