13,000 DJIA
Brian Shepard Where Are the Bears? Sell the news type of trades have been in vogue in the past and there are plenty of traders that have been looking for the opportunity to fade’em. Funny thing is, so far the [...]
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RANsquawk
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RANSQUAWK AUDIO CLOSED FOR TODAY; THE DESK WILL REOPEN THURSDAY 0630 (LONDON TIME)
- February 22, 2012, 9:32 pm
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Limited Brands (LTD) Q4 adjusted EPS USD 1.50 vs. Exp. USD 1.46
- February 22, 2012, 9:31 pm
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US API Crude Oil Inventories (Feb 17) W/W 3551K vs. Prev. 2902K
- February 22, 2012, 9:30 pm
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US EQUITY WRAP
- February 22, 2012, 9:20 pm
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Pfizer (PFE) says not changing 2012 guidance
- February 22, 2012, 9:17 pm
MrTopStep Partners
Brian Shepard
MrTopStep
I have 27 years of trading floor experience. As an IOM member since 1991, I have dealt with institutional customers throughout my career. Paramount to a successful trader is surrounding oneself with knowledge and insight that only experience trains you for.
Premimum Service Avaliable for this Author:
Complacency
Are traders becoming too comfortable with the early morning weakness in the equities – followed by the grind sideways to higher? Is this price action basing for another leg higher? There are certainly plenty of questions to be answered, but [...]
Grinding Higher on Mixed News
This type of price action is perceived to be chasing January’s strong performance. Chatter was looking for Fridays employment numbers to come in better, but ADP took some steam out of that. Global PMI and Euro Zone / Greece resolution [...]
Avoid the Media Hype
The fundamental landscape is mixed as domestic economic growth and abroad remain mixed at best. Today’s economic data was a bit disappointing and the equities are still running in place. A moderate pullback would be considered healthy as fund managers [...]
Firm Globex, Weak Mornings
Brian Shepard – China economic data & lower Spainish yields set the premarket tone along with a better NY Fed Manufacturing 13.48 vs survey of 11.0. Earnings are not adding much support nor are the continued Euro Zone headlines now, [...]
Risk Off
Headlines and more headlines lead traders to lock in some profits going into the holiday weekend. Premarket economic data was a bit disappointing, but the Michigan Sentiment number easily topped expectations and had no positive influence. Sandwiched in between the [...]
Counter Trend Friday
The economic data has continued to be supportive as we head into earnings season. However, traders locked in some profits and sold the better than expected jobs data, but the bears have been unable to do any real damage to [...]
Trending Higher
Brian Shepard – As expected, the equities have trended higher over the last several sessions – albeit at much lower levels than we previously forecast. Is there some light shinning through in the bowels of European debt crisis? Risk on [...]
Holiday Consolidation
Brian Shepard – The Euro Zone headlines seem to be off the front pages – for now. The holidays are on everyones mind and the retail sales numbers are lending support, as well as the economic data of late. The [...]
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