From Jeanette Schwarz Young at the NYBOT - Here is a good question for you to ponder; if there is no inflation, well not enough to increase social security payments, why is it that health insurance costs are appreciating about 18%? Which one is wrong, they can’t both be correct.
Funny how grain, cotton and palladium prices are soaring on our no-inflation environment.
Sunday, October 31, 2010
Friday, October 29, 2010
A Snoozer
If things end up where they are (its noon) then the market will notch its seventh consecutive doji candle Open and close at the same price). One doji means uncertainty. Two is a pretty good signal something is up, as in "in the works." But seven?
Think of volatility. When it gets very low you can bet the market will do something to make it high and that cycle repeats. Seven flat days is as low in volatility as we can get these days so watch out next week when we finally find out who will be in Washington and how much stimulus the Fed will fling from the helicopter.
Maybe my VXX will do something for a change besides lose money.
Think of volatility. When it gets very low you can bet the market will do something to make it high and that cycle repeats. Seven flat days is as low in volatility as we can get these days so watch out next week when we finally find out who will be in Washington and how much stimulus the Fed will fling from the helicopter.
Maybe my VXX will do something for a change besides lose money.
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