A fall in US retail sales have added top the downside on equities this afternoon. As catalysts for this market rally continue to fade, government bonds have come back in favour, with the bund now back above 121.
We down 115 points in the Dow as a write, which is a 4% pullback from the recent high.
Thoughts and commentary on daily market action, plus my trade log in equities and futures.
Wednesday, 13 May 2009
Subscribe to:
Post Comments (Atom)
Front month WTI Futures plunges to negative $37 as storage costs rocket
It was a move of epic proportions in the front month WTI Crude futures, the significance of which is not really known of yet, but was incre...
-
Equities are continuing the weakness this week, and we breached 140 in the Bund, nearing record low yields in the German 10 year, as well as...
-
A few weeks back I opened an account using the FAPturbo robot and am posting a quick review on how things are so far. Its actually been a ve...
-
It just came to my attention the shutting down of some of the top poker sites by the Feds. This is caused alarm amongst the many millions of...
No comments:
Post a Comment