• Hand to Hand Combat in the Options Pits
    RobotTrader
    03/10/2010 - 15:22
    Things are really starting to get wild. CNBC should just eliminate the NYSE trading floor shots and replace them with battle scenes from "Hamburger Hill" or some of the medieval battles in "Lord of the Rings". Basically, everyone is out for blood today as panicked put and call holders are getting barbecued with Goldman's flamethrowers or getting bludgeoned to death by spiked clubs.
  • Party Boy Roubini Worries About Double Dip
    Econophile
    03/10/2010 - 15:04
    My favorite party boy economist, Nouriel Roubini, just came out with his analysis for the second half and he notes that we may be heading toward a double-dip recession. Too much negative news, he frets. I have been saying this for some time.
  • Your Usual Table, Mr. Papagiorgio?
    Chris Pavese
    03/10/2010 - 14:13
    It would appear that European leaders are back at their usual table. Speaking at the Bookings Institute before meeting with the US administration, Greek Prime Minister George Papandreou blamed “unprincipled speculators” and “ill-regulated” financial markets for pushing Greece to the brink of financial ruin and dragging down the euro. Along the way he convinced France’s Nicholas Sarkozy, that another financial crisis is around the corner if the CDS market is not curtailed. Sadly, we agree with the conclusion, but many European “leaders” are confusing cause and effect. Keith McCullough, at Hedgeye, explained it best yesterday when he said, “markets don’t lie; politicians do . . . hearing politicians talk about markets is like watching a southern belle try to ice fish.”

November ETF Fund Flows

Tyler Durden's picture
Submitted by Tyler Durden on 12/10/2009 16:42 -0500



November saw bullish ETF action, with over $8 billion in top 10 inflows, spread primarily among emerging markets, commodities (specifically GLD), and, surprisingly, the dollar, via the UUP. In the outflow category, the Russell 2000 (IWM) continues to be the biggest loser at ($775) million, even as its S&P sibling, the SPY saw an inflow of $857. We believe this confirms the activity which has started in recent months, of rotation from higher beta stocks (RUT) into merely high beta ones (SPY).

h/t Hedged In

4.666665
Your rating: None Average: 4.7 (3 votes)

»


by Shameful
on Thu, 12/10/2009 - 16:57
#159489

Nice to see paper gold swelling, helping keep the physical price affordable for us poor slobs.

by gatopeich
on Fri, 12/11/2009 - 07:30
#159936

But premiums skyrocket. Doubled up on Krugers in my town since last week, to 10%.

by mule65
on Thu, 12/10/2009 - 16:58
#159492

That explains why IWM was up 6.5% since start of November.

by ghostfaceinvestah
on Thu, 12/10/2009 - 17:32
#159534

in other flow news, the Fed continues to buy 70% of the MBS market.

http://www.newyorkfed.org/markets/mbs/

this week, they largely gave up the charade of buying Ginnie's, since that market doesn't really need their support.

by Ragnarok
on Thu, 12/10/2009 - 17:48
#159547

Off Topic: Does anyone have any opinions/information on the credibility of the Internet posts of ANOTHER, FOA and FOFOA? Those are some pretty intense THOUGHTS!

 

Thanks

 

http://fofoa.blogspot.com/

http://www.usagold.com/goldtrail/archives/another1.html

http://www.usagold.com/goldtrail/archives/goldtrailone.html

 

by delacroix
on Fri, 12/11/2009 - 04:09
#159892

that was some good reading, and excellent perspective from a mideast point of view. better to know too much, than not enough.    but that was 1998, I guess timing is hard to get right, with so many hands in the pie.

by FreddyInBangkok
on Fri, 12/11/2009 - 08:20
#159955

gold, oil & interest rates are the 3 kings.

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