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Saturday, July 5, 2008
From Bill Cara - view blog entries - visit this blog
July 5, 2008 at 10:02 am ET
Markets Re-cap In European bourse action on Friday, the FTSE 100 sank -1.16% to 5412.8, the German DAX was down -1.28% to 6272.2, and the French CAC plunged -1.80% to 4266.0, with the banks and ... (more)

Friday, July 4, 2008
From Bill Cara - view blog entries - visit this blog
July 4, 2008 at 8:02 am ET
Is there anything more important to the people of this community than the notion of independence? I say ‘notion’ because is anybody ever really independent?... ... (more)

From Bill Cara - view blog entries - visit this blog
July 4, 2008 at 8:02 am ET
Markets Re-cap A session that ended at 1:00pm on Thursday ahead of the US holiday Independence Day, where US markets are closed, did not produce much of an indication of where traders stand. Today’s lead ... (more)

Thursday, July 3, 2008
From Bill Cara - view blog entries - visit this blog
July 3, 2008 at 7:47 am ET
Markets Re-cap For a couple hours yesterday, the Financials appeared ready to kick-start a summer rally. But at 2:00pm, with the DJIA sitting at about 11390, a selling wave hit the market and the DJIA ... (more)

From Bill Cara - view blog entries - visit this blog
July 3, 2008 at 6:47 am ET
Jeff and I are planning to make more changes to this website; but before we do, we thought it best to ask the Community for feature suggestions. There are a lot of things we can ... (more)

Wednesday, July 2, 2008
From Bill Cara - view blog entries - visit this blog
July 2, 2008 at 5:51 am ET
It’s odd that a person often has to die before being widely understood and appreciated. George Carlin was one of those.... ... (more)

From Bill Cara - view blog entries - visit this blog
July 2, 2008 at 5:47 am ET
Markets Re-cap There was a turnaround of sorts in US equity market trading yesterday after putting in a low in the DJIA of 11183.43 when the Banks ($BKS +1.9%) started catching bids, chasing the DJIA ... (more)

Tuesday, July 1, 2008
From Bill Cara - view blog entries - visit this blog
July 1, 2008 at 6:32 am ET
Markets Re-cap H2 is ushering in more falling prices in global equity markets. Financials (XLF) and Consumer Cyclicals XLY) are starting the second half of 2008 at 52-week lows.... ... (more)

From Bill Cara - view blog entries - visit this blog
July 1, 2008 at 5:52 am ET
The Business Section of the Toronto Star yesterday ran a well-written story, The Flower Lady Reflects, which should be meaningful to all traders and give them cause to reflect on life as it moves by. ... (more)

Monday, June 30, 2008
From Bill Cara - view blog entries - visit this blog
June 30, 2008 at 5:17 am ET
The respected Bank for International Settlements reported today that the global economy and financial system is in more dire straits than most people believe. What were these people saying a year ago when the writing ... (more)

Sunday, June 29, 2008
From Bill Cara - view blog entries - visit this blog
June 29, 2008 at 12:32 pm ET
The Financials dropped -6.2% this week. Without help from the Fed, Humungous Bank & Broker could be called Tiny Bank & Broken. It is shocking how much capital has been lost to investors in this ... (more)

Saturday, June 28, 2008
From Bill Cara - view blog entries - visit this blog
June 28, 2008 at 8:17 am ET
Markets Re-cap Stock prices fell again on Friday, confirming that the DJIA suffered its worst ever decline in the month of June since the Great Depression, according to Bloomberg, ie, unless Monday is a whopper ... (more)

Friday, June 27, 2008
From Bill Cara - view blog entries - visit this blog
June 27, 2008 at 5:47 am ET
Our friend Patchie has written up his analysis of the take-down of Bear Stearns, calling the blog Cannibalism on Wall Street. Yes, he says that Humungous Bank & Broker (HB&B) and their hedgie friends are ... (more)

From Bill Cara - view blog entries - visit this blog
June 27, 2008 at 5:32 am ET
Markets Re-cap What a trading day that was! Stock prices fell, sending the DJIA to its worst June on record since the Great Depression, according to Bloomberg. At the end of the session, the DJIA ... (more)

Thursday, June 26, 2008
From Bill Cara - view blog entries - visit this blog
June 26, 2008 at 10:08 am ET
Markets Re-cap Traders actually were more nervous after the do-nothing say-nothing FOMC decision yesterday afternoon. But after some whipsaw action, the Financials and the $USD got hammered and the commodities (oil and gold) started to ... (more)

From Bill Cara - view blog entries - visit this blog
June 26, 2008 at 8:58 am ET
About a week ago, I opined that if the FOMC decided to not raise rates on Wednesday the result would be a weaker US dollar and continuity to the Yellow Brick Road, meaning that the ... (more)

From Bill Cara - view blog entries - visit this blog
June 26, 2008 at 7:32 am ET
Markets Re-cap Traders actually were more nervous after the do-nothing say-nothing FOMC decision yesterday afternoon. But after some whipsaw action, the Financials and the $USD got hammered and the commodities (oil and gold) started to ... (more)

From Bill Cara - view blog entries - visit this blog
June 26, 2008 at 6:34 am ET
About a week ago, I opined that if the FOMC decided to not raise rates on Wednesday the result would be a weaker US dollar and continuity to the Yellow Brick Road, meaning that the ... (more)

Wednesday, June 25, 2008
From Bill Cara - view blog entries - visit this blog
June 25, 2008 at 10:09 am ET
Markets Re-cap Traders are anxiously awaiting the FOMC decision this afternoon; yesterday they were sending the Fed a message of their concern with the economy. Chemicals, papers, oil drillers—the Basic Materials (XLB) and Energy (XLE) ... (more)

From Bill Cara - view blog entries - visit this blog
June 25, 2008 at 9:20 am ET
As the Cara Community has grown in numbers, the Discourse has become more comprehensive and certainly interesting. Thank you to all who participate. It’s a pleasure to see the development of literary skills in so ... (more)

From Bill Cara - view blog entries - visit this blog
June 25, 2008 at 9:20 am ET
As the Cara Community has grown in numbers, the Discourse has become more comprehensive and certainly interesting. Thank you to all who participate. It’s a pleasure to see the development of literary skills in so ... (more)

From Bill Cara - view blog entries - visit this blog
June 25, 2008 at 7:47 am ET
Markets Re-cap Traders are anxiously awaiting the FOMC decision this afternoon; yesterday they were sending the Fed a message of their concern with the economy. Chemicals, papers, oil drillers—the Basic Materials (XLB) and Energy (XLE) ... (more)

Tuesday, June 24, 2008
From Bill Cara - view blog entries - visit this blog
June 24, 2008 at 10:28 am ET
Markets Re-cap Yesterday, while most traders were waiting on the FOMC decision from the Fed tomorrow, and trading was quiet, Goldman Sachs decided to imprint the market mindset with an inflation-biased hedge: they cut Financials ... (more)

From Bill Cara - view blog entries - visit this blog
June 24, 2008 at 10:28 am ET
Markets Re-cap Yesterday, while most traders were waiting on the FOMC decision from the Fed tomorrow, and trading was quiet, Goldman Sachs decided to imprint the market mindset with an inflation-biased hedge: they cut Financials ... (more)

From Bill Cara - view blog entries - visit this blog
June 24, 2008 at 8:58 am ET
America is in desperate need to move products from inventory to purchasers—even if they cannot afford them. This is a moral dilemma that will always be settled in favor of Big Business.... ... (more)

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