[youtube=http://www.youtube.com/watch?v=kov83AXN1Xs] The Reformed Broker, AKA Professor Plum, here with today’s Market Recap… Today’s won’t be a legit recap as I am out of the office early today on a secret Golfing assignment. The big news today was the post-stress test avalanche of secondary offerings from the banks. Shareholders can Salute their Dilution while jamming…
Stress Tests
Market Recap: Stressin' the Test
[youtube=http://www.youtube.com/watch?v=W6CfC3Iax-Q] The Reformed Broker, AKA Daniel Faraday, here with today’s Market Recap… You knew we were due. The market was exhausted and needed a break. Now the big question is whether or not that was the end of a massive bear market rally, or just the beginning of something else. I’m undecided, but I’ll work…
Dulling the Impact of the Stress Tests
an·ti·cli·max: Something trivial or commonplace that concludes a series of significant events This is not a discussion of whether or not the upcoming 19-bank stress test results are important or whether or not they should have been conducted in the first place. Instead, the subject I’ll pontificate on here is the masterful dissemination of the potentially disruptive…