The 2nd Commandment Of Trading
Via ConvergEx's Nicholas Colas,
Via ConvergEx's Nicholas Colas,
Via Dana Lyons' Tumblr,
Assets in mutual funds designed to rise when stocks fall have dropped to an all-time low.
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Endless Fed Deceit
Posted with permission and written by Craig Hemke (CLICK HERE FOR ORIGINAL)
Something unprecedented happened last November when OPEC sat down in Vienna to hammer out the final terms of its oil production cut deal (which, incidentally, has yet to translate into a drop of all time high inventories): one day before the summit, the oil producing cartel - or rather Saudi Arabia - secretly invited hedge funds to sit in on the negotiations and provide OPEC, with input on what to do.
Via Pater Tenebrarum of Acting-Man.com,
Blow-Off Pattern Recognition