Monthly Archives: March 2008

SHORT TERM: market higher on Paulson’s financial blueprint, DOW +46 Overnight the Asian markets were mostly lower, with only the ASX bucking the trend by gaining a few points. Europe came in about -0.55%, and closed at -0.10%. Stocks opened mixed as … Continue reading →

REVIEW: Markets calmed down this week to finish mixed: SPX/DOW -1.2% and the NDX/NAZ +0.5%. The FED was quiet, but their new lender of last resort policy witnessed banks and brokers at the FED window every day this week. The … Continue reading →

SHORT TERM: market drops third day in a row, DOW -86 Overnight the Asian markets were mostly higher, with only the ASX displaying a loss. Europe came in about -0.15%, and closed -0.35%. US index futures traded higher after the … Continue reading →

SHORT TERM: another choppy session another lower close, DOW -120 Overnight the Asian markets were all lower except Hong Kong. Europe came in +1.50%, and closed +1.20%. US index futures were lower overnight, but rallied this morning after the final … Continue reading →

SHORT TERM: stocks open lower on weak economic numbers and stay lower, DOW -110 Overnight the Asian markets were mixed, and Europe came in -0.25%. US index futures traded lower overnight and into this morning when at 8:30 February durable … Continue reading →

SHORT TERM: market closes mixed after early selling, DOW -16 Overnight most of the Asian markets surged in an attempt to catch up to the recent rise in the US. Europe even opened 3.0% higher and closed +3.4%. US index … Continue reading →

SHORT TERM: FED rally continues, DOW +187 Overnight the Asian markets open were mixed, and Europe was closed for the holiday. Nevertheless US index futures rallied overnight, then bounced around into the morning. Nearing the opening, when rumors surfaced that JPM … Continue reading →

REVIEW: What a week! Sunday night the FED announced that Bear Stearns (BSC) had collapsed, and they had worked out a deal with JP Morgan (JPM) to takeover ownership of the company for $2.00/share. It had closed at $30.00 on friday, after trading in the … Continue reading →

SHORT TERM: options expiration rebound, DOW +267 Overnight the Asian markets were mixed following the selloff in the US yesterday. Europe came in -0.60%, and closed -0.85%. Before the open the weekly unemployment claims were reported continuing to rise. US index … Continue reading →

We will never have a perfect model of risk By Alan Greenspan Published: March 17 2008 02:00 | Last updated: March 17 2008 02:00 (Financial Times) – The current financial crisis in the US is likely to be judged in … Continue reading →