Let the tapering begin
Smart money is betting on the Fed tapering to be announced at next week's FOMC meeting. Analysts believe the improvement in the labor market has met the Fed's criteria to begin trimming its…
Large insider buy at Apache- after the deal and stock run-up
Chansoo Joung a two year board member of Apache stepped up and bought 10,000 shares at $86. on 9-3-13. That's a striking buy not just for the size but for the timing. Apache announced a surprise…
Week of September 2nd 2013
Monday September 2nd Markets closed for Labor Day. That didn’t stop the futures from closing Monday morning up 16.25 S&P points, 112 Dow points. Chinese PMI numbers but mostly Syrian attack…
Very big news for Apache, bigger for us as it's our largest position
Ironic we predicted this in a blog post back in May. saxangle.com/the-very-cryptic-thing-apache-oil-ceo-said-at-bernstein-conference-today/ Besides this being the validation Apache needed for its…
US home prices rise at marginally slower pace: S&P/Case Shiller
U.S. single-family home prices rose in June, though the pace of gains slowed slightly, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas…
U.S. Treasury to Hit Debt Limit in Mid-October - WSJ.com
Not sure if it was the Kerry press conference or the sobering headline about the debt shenanigans that caused the market sell off. I wish there was a way to play volatility increasing that actually…
Tampering the tapering?
We pivoted Friday, playing off the weak new home sales data, into more interest rate sensitive names. Blue chip dividend paying stocks, MLPs, bonds in general, utilities, telcos, and tobaccos have…
Pipeline-Capacity Squeeze Reroutes Crude Oil - WSJ.com
By RUSSELL GOLD CONNECT More crude oil is moving around the U.S. on trucks, barges and trains than at any point since the government began keeping records in 1981, as the energy industry devises ways…
Stocks are Tapering Themselves - Barrons.com
By MICHAEL KAHN | MORE ARTICLES BY AUTHOR The Dow Jones Industrial Average is coming off its worst week of the year and now, for the second time in 2013, it is trading below its important…
We've greatly reduced…