short-term trading

Dave Rosenberg: What to Expect From This Market

Published on 2010-08-23 22:52:00

From Dave Rosenberg:If (the banks) are lending to anyone, it is to Uncle Sam — the banks continue to play the yield curve, belatedly, and were net buyers of government securities to the tune of $15 billion last week on top of the $8 billion net investment the week before. Moreover, the banks are sitting on even more cash, up $35 billion last week, to $1.3 trillion, so there is lots of buying power to take these long-term Treasury yields even lower.Despite the most aggressive government efforts

Top 10 Economic Events Next Week

Published on 2010-08-22 08:45:00

From Short-Term TraderTop 10 economic events next week:1. EUR- Euro-zone Manufacturing and Services PMI- Purchasing Managers Indexes, Mon., Aug. 23, 4:00 am, ET.2. USD- U.S. Existing Home Sales, Tues., Aug. 24, 10:00 am, ET. 3. JPY- Japan Trade Balance, Tues., Aug. 24, 7:50 pm, ET. 4. EUR- Germany IFO Institute Business Climate and Expectations Index, Wed., Aug. 25, 4:00 am, ET. 5. USD- U.S. Durable Goods Orders, Wed., Aug. 25, 8:30 am, ET. 6. USD- U.S. New Home Sales, Wed., Aug. 25, 10:00

What Will Markets Do Next Week (Emini S&P and Euro)?

Published on 2010-08-21 17:29:00

Slope Of Hope