Posts Tagged ‘ JPM ’

Market Getting Extended

The market ripped higher yesterday slicing through that 20 day moving average like butter.  We ended the day right under the 50 day moving average and this morning the $ES_F is up almost 5 points.  Take a look at the $USDX this morning, it’s surging off a strong level of support, but equities haven’t moved. [ READ MORE ]

Thanks, But the Fun is Over

I’ll get to the market a little later, today’s action was interesting for sure, but I want to talk about what happened on the hill today.  Mr. Volker sat for the Senate finance committee today and took questions regarding separating commercial banking operations from proprietary trading.  He seems to believe that these two things should not [ READ MORE ]

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