DailyMarkets.com - Jackson Hole Swing Trade |
- Jackson Hole Swing Trade
- Central Bank News Link List – Aug 28, 2012
- The Flatline Economy
- Pew Research Calls It “Hollowing Out Of The Middle Class,” But 150 Americans Moved Up For Every 100 Who Moved Down Between 1971 And 2011
| Posted: 28 Aug 2012 03:23 AM PDT Fed Chair Ben Bernanke much awaited speech via Jackson Hole has all in ‘wait mode’. If Ben doesn’t deliver surely the financials will suffer, and more so those financials that have fingers in Europe crisis mess. Here is a swing trade to consider. Goldman Sach travelled to $105 of weak volume, and now its waiting for direction. GS could follow the seasonal bearish September south if Ben speech has no.gif?lastmodified=201208270000ts in it. A bearish option spread seems the best … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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| Central Bank News Link List – Aug 28, 2012 Posted: 27 Aug 2012 08:19 PM PDT Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news. ECB Asmussen: EMU must integrate further of expect break-up (MNI)
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| Posted: 27 Aug 2012 06:39 PM PDT If you take inflation (however understated the official statistics might be) and population growth into account (i.e., the red lines on the following graphs), the U.S. economy has essentially been flatlining for a decade (and probably longer). Then again, maybe I’m just using the wrong data. Or … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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| Posted: 27 Aug 2012 06:31 PM PDT The Pew Research Center released a report last week titled "The Lost Decade of the Middle Class: Fewer, Poorer, Gloomier," which starts out with this depressing introduction: "As the 2012 presidential candidates prepare their closing arguments to America's middle class, they are courting a group that has endured a lost decade for economic well-being. Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards
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