Archive - Nov 3, 2010

• API: Crude supplies decline 4.1 mln barrels - larger than expected decline.
• CFTC to probe range of natgas derivatives-trading activity spanning parts of 2008, 2009.
• R&D spending drops for the first time in a decade at major firms: Booz & Co.
• World Bank: China should raise interest rates, allow a stronger yuan to damp inflation.
• Aetna Q3 profit jumps 53% to $497.6M on lower costs.
• BP: Dividend policy to be reconsidered in an effort to restore growth.
• GM to save up to $45B in taxes under an unusual provision of its govt-funded bailout.

An incredibly busy day today, with labor market data, a refunding announcement, and various reports on business conditions, factory orders, and vehicle sales leading into the FOMC announcement at 2:15.

RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 03/11/10

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs. So what are the signals?

The following post includes Part 2 of the Alice Schroeder interview with Simoleonsense. My sources tell me that the last parts are the most revealing. So read this and stay tuned...

Truth is the first casualty of war ...