Home » Most Recent Stories

RANDOM THOUGHTS BY TPC

22 September 2009 by Cullen Roche 0 Comments
  • How does anyone trade oil?  Down 4% yesterday, up 2.5% today.  How can one manage risk on such a volatile asset?  No wonder we see such high turnover in the trading pits….
  • Is this the greatest bull run of all time or are fund managers just playing catch-up into quarter end as they chase performance and pad their returns?
  • Retail sales fell sharply this week.  The ICSC reported a -1% weekly decline which likely represents the end of back-to-school.  The Redbook continues to trend in weak territory and came in at -2.6% this week.  This doesn’t bode well for September retail sales.

ret

  • The dollar is getting crushed again today.  So much for an orderly decline in the dollar.  More importantly, at what point do investors begin to seriously worry about the decline in the dollar?  Or even worse, what if we get a snap back rally?
  • Can anything stop this rally?
Disclosures - Unless otherwise noted, authors have no positions in any securities mentioned and readers should never consider this to be investment advice. Always consult your financial advisor before acting on any ideas. Comments Guideline - Readers who denigrate authors or other readers will be banned without warning. This site does not tolerate any sort of reader abuse. The goal of this site is to create an environment that is conducive to learning and better understanding of the monetary system and the investment world. We expect readers to behave maturely and responsibly. We welcome and encourage intense and intelligent discourse, but the site adheres to a strict 1 strike policy. While it is your right to speak freely, it is not your right to behave childishly. Above all else, please enjoy the site. It is intended to be used as an educational tool and we hope the intelligent and mature debate will further that purpose. We hope readers will make an effort to respect that goal. Comments with excessive linking or foul language will be moderated before posting.