June 23, 2008 | Posted by Jorge This week should promise to be full of excitement as the FOMC meets Tuesday and Wednesday to decide the fate of the U.S. economy. Well perhaps not the fate, but they will decide on new interest rate policy. At this point, any further rate cuts will probably signal financial suicide, so expect the FOMC not [...]
Categories: FOMC, Financial Website, Futures | 
Tags: Economic Calendar, FOMC, Futures | 
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June 19, 2008 | Posted by Jorge For those interested, Carl Icahn’s blog, The Icahn Report, is now live. Enjoy!
P.S. I think I have the most contrarian portfolio imaginable.
Categories: Financial Website | Tags: Icahn | Comments
June 19, 2008 | Posted by Jorge Yesterday was the worst trading day I’ve had in my year of trading. The worst part? I was actually short the markets yesterday. In the spirit of bitterness, I’m predicting I’ll lose about another 10% of my portfolio today (or about $300). Thoughts?
I hate expiry week… I really, really hate expiry week.
Categories: Portfolio Progress | Tags: | Comments
June 16, 2008 | Posted by Jorge Quick update on the crude front. Crude just hit $139.89 early this morning which may be the reason why futures have taken a large hit pre-market. Crude is currently trading at $138.35. I know Goldman and others were predicting crude to $150, but who knows. Maybe we’ll see $150 by the end of the week?
Categories: Alerts, Futures, Market Pulse | Tags: Crude | Comments
June 16, 2008 | Posted by Jorge Busy weekend this weekend, eh? First on the docket is the financial sector. Lehman this weekend had some sort of secret meeting with its board. Remember the last time a financial met secretly over the weekend (Hint: BSC!)? Over the weekend, LEH has officially removed their COO and CFO and may be in talks to [...]
Categories: Equities, Miscellaneous | Tags: AIG, Gasoline, LEH, Mexico | Comments