Tag Archives: FIG

Green Shoots get a Reality Check

Posted on May 13, 2009 by BMWFan

After almost two months of bullish action, the equity markets finally got a reality check with the announcement of lower than expected retail sale data, and sharp rise in the number of home-owners facing foreclosure. The market gapped down at … Continue reading →

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Treacherous Thursday: A Bull Trap before the Stress Test Results

Posted on May 7, 2009 by BMWFan

The treacherous bipolar nature of the equity market was visible today. This week’s Job Loss numbers and monthly retail sale numbers from Wal-Mart and Target came better than expected. The ES futures opened near their overnight high of 929.50. However … Continue reading →

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