DailyMarkets.com - Polcari: “More Jawboning, Confusion…markets Are Exhausted”

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• Polcari: “More Jawboning, Confusion…markets Are Exhausted”
• Hot Option Plays: Will Euro And Equities Converge?
• Fed Gives Gold Bulls What They Want
• A Second Example Of Bull Bias Shift From Failed Retracement
• Economist On The Street: Global Stimulus Expectations

Polcari: “More Jawboning, Confusion…markets Are Exhausted” Posted: 23 Aug 2012 10:59 AM PDT 08/23/12 ICAP Equities’ Kenneth Polcari talks FOMC minutes, central bank stimulus expectations and provides his equity market … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Hot Option Plays: Will Euro And Equities Converge? Posted: 23 Aug 2012 10:12 AM PDT Cusick’s Corner 08-23-2012 Volatility cheap, volume low, and we continue to hold and test to the upside which keeps the upside the risk. What is concerning me is that the divergence between the Euro Currency, FXE, and the Equities, S&Ps, is coming off the widest levels, which means that if the Euro firms up at these levels that could draw the Equities down (go to optionsXpress Charts and do a comparison of FXE and SPY). Today’s action is turning out to be a good game of King of the Hill, … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Fed Gives Gold Bulls What They Want Posted: 23 Aug 2012 10:12 AM PDT Thursday, August 23, 2012 It looks as though the Fed is prepared to feed the market’s addiction to cheap money, which can be seen as favorable for Gold futures. If the Fed is successful in stimulating the economy, food inflation could be joined by inflation from other raw goods. Technically, it looks as though traders finally received their wish, as the market has broken out of the wedge that has been forming over the past several months. Fundamentals Gold futures have rallied to their highest … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

A Second Example Of Bull Bias Shift From Failed Retracement Posted: 23 Aug 2012 10:10 AM PDT Following up from my educational update on August 20th, the very same situation unfolded on August 22 with an even more powerful outcome. Let's take a moment to see what happened and what we can learn from this similar situation: Please reference the prior "Example of Playing Popped Stops from a Failed Retracement" update from August 20th for the full description of this set-up, logic, and what it means for the remainder of the trading day. The main idea here is that a similar "Bear … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Economist On The Street: Global Stimulus Expectations Posted: 23 Aug 2012 09:45 AM PDT 08/23/12 Meridian Equity Partners’ Stephen Guilfoyle weighs in on the latest global economic data releases and central bank stimulus … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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