By Phil Davis: Put up or shut up time. We had a very extensive discussion in this morning's Member Chat already, discussing the BOE, the ECB, China, Europe, Apple (AAPL) vs. Samsung, China's draining of liquidity, etc. so forgive me if I'm not in the mood to cover that ground again. What I do find worthy of more discussion is this nice breakdown of the Russell by Bespoke, which highlights how tough things are becoming for small business in America.
So Europe's week is over and we didn't get a Lehman, so that's good. And the liquidation selling is now over? Why do we think that? Check out the big snapback in Apple (AAPL), which is up over $5 this morning. That stock had been ge... Read Post
The EURUSD as expected, is now in free fall mode, following a plethora of statement out of place, after coming ECB head Draghi says the bank in Europe have funding problems (aka a liquidity crisis), the Finland FinMin has said he do... Read Post