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ECB

This tag is associated with 13 posts

D&D Note (9-5-2012) ~ The New Normal and The Central Bank Money-Go-Round

D&D Note (9-5-2012) Burning Man… Burns Wall Street. It’s the new image in people’s minds these days, burn the 1%. For those that don’t know, Burning Man is a “art & community” festival held in the desert in Nevada. Black Rock City to be exact. The festival just concluded this past weekend and along with … Continue reading

D&D Note (9-4-2012) ~ Small Caps Lead On The Day

D&D Note (9-4-2012) September started out with stocks falling, but not all indexes finished lower on the day. In fact small cap stocks rallied through the day highlighted by the Russell 2000 (RUT) which ended the day up 1.24%. Large cap stocks (which the Dow is comprised of) got a 2:00pm bounce on rumors of … Continue reading

D&D Note (8-31-2012) ~ Algorithms Get It Wrong?

D&D Note (8-31-2012) Today was the day that every investor, trader, economist, politician, you name it was waiting for. The day when Helicopter Ben gave his speech at Jackson Hole Wyoming. What came out was essentially… more of the same. Immediately the algorithms brought the market straight down. But then we humans… yah people who … Continue reading

D&D Note (8-30-2012) ~ All Eyes To The Woodstock For Economists

D&D Note (8-30-2012) When we get positive economic reports we thus get less of a chance in additional quantitative easing commonly known as QE, or old fashion money printing. Today we got that first dose of reality in the markets seeing all averages fall right on the open of trading on the back of good … Continue reading

D&D Note (8-20-2012) ~ Apple Buoys the Markets Today

D&D Note (8-20-2012) More and more there has become one so called General in stocks that drives the direction of markets, and that is the world’s largest company Apple (AAPL). The company makes up a large percentage of weight in both the S&P 500 and the Nasdaq. Today stocks wanted to turn over but Apple … Continue reading

D&D Note (8-14-2012) ~ Cloud Stocks Get Hit Today

D&D Note (8-14-2012) Stocks got an early boost from Europe with better-than-expected Q2 GDP numbers from France and Germany. Retail sales in the U.S. gained for the first time in four months which also boosted equities early on in the trading day. The rally however faded into the day leaving markets mixed. Data globally continues … Continue reading

D&D Note (8-9-2012) ~ 5 Year Anniversary Of Global Financial Crisis

D&D Note (8-9-2012) Today marks the 5 year anniversary of the start of the global financial crisis that led to the collapse of Lehman Brothers. Today also marks the S&P 500’s longest rally since March of this year. The recent 5 day rally has lifted the index up nearly 10% since hitting a five-month low … Continue reading

D&D Note (8-7-2012) ~ Major Rotation Into Cyclicals Fuels Rally

D&D Note (8-7-2012) The stock market rally continued today after stronger jobs number on Friday and hopes that the ECB will buy Spanish and Italian government debt. Boston FED President Eric Rosengren called for “more substantive action than we’ve taken to date.” Meaning a more open-ended monetary policy of bond purchasing – or commonly known … Continue reading

D&D Note (8-1-2012) ~ FED Punts All Eyes On ECB

D&D Note (8-1-2012) Markets got a copied paste FED statement after the latest FMOC meeting. More of the same, ready to act, but not ready yet. Remember September is traditionally when the FED loosens, next meeting is Sept 12th and 13th. Now all investors attention turns to Mario Draghi and what the ECB decides or … Continue reading

D&D Note (7-26-2012) ~ Super Mario Lifts Markets, Facebook Plummets

D&D Note (7-26-2012) Mario Draghi, the European Central Bank President, comments today that the ECB will do whatever it takes to preserve the Euro lifted markets into rally mode. His comments open the door up for another round of LTRO (Long-Term Refinancing Operation) from the ECB. The real question is can the ECB or will … Continue reading