Its all Greek today on the Jack B. Show. Alan Rohrbach joins in the discussion with Jack and Sara. Technical and psychological views of the markets are given with special attention paid to China, Gold, the Aussie Dollar and S&Ps. Click here to listen to this podcast
If you read this blog or listen to my podcast on a regular basis, you know that I don’t consider myself a technician. But that doesn’t mean I don’t pay attention to technical levels—you have to take information from multiple places in order to make the best decisions. So to close out the first full [...]
Folks, as you may have noticed, The Jack B. Show took a hiatus last month. We’ve retooled some things, made some great additions to the program and I’m proud to say we’re back with a new and improved daily podcast, which you can get on iTunes and right here at TheJackBShow.com. I’d like to take [...]
Folks, the market opened up this morning with a bang. One of the reasons for this is the $1.3T bailout package they’re talking about over in Europe, which would take care of much of what’s ailing their sovereign financial institutions. I’ve mentioned quite a few times that the Europeans have slowly been moving from denial [...]
Folks, after nine straight sessions of gains and an 11% move in the S&P, the markets are in the red this morning on news from—you guessed it—Europe. Germany once again lowered expectations on finding an end to the European Union’s debt crisis, saying that a summit of European finance leaders wouldn’t be likely to produce [...]
Well, folks, what can I say? The Europe situation is front and center again, and a plunge is taking place in both the markets here and across the pond. The political problems are resurfacing, and they cannot get to the point they need to get to, which is a Greek default. Today will be a [...]
Folks, Dallas Fed President Richard Fisher spoke to CNBC this morning. When asked about whether the FOMC will continue to experiment with monetary policy, he responded, “Whatever we do has to have a complementary side, a fiscal policy that channels it properly.” That’s right: without the help of legislators and the Obama administration, there simply [...]
Folks, about 10 years ago I met a guy who was getting into the futures market. He had a small account, around $5,000, and he would trade one or two S&P contracts at a time. He’d lose it, come back with another $5,000, lose it again. Finally I said to him, “Leonard, I’m tired of [...]
Folks, today is quadruple expiration, the day where contracts for stock futures, index futures and options expire. I’ve been talking all week on the show about how, in addition to what’s happening in Europe, this expiration phenomenon also has an impact. So, why is it important? There are literally hundreds of billions of dollars sitting [...]
Folks, Howard Marella, president of Index Futures Group, called in to the show this morning to talk about the move that corn has been making. Like a lot of traders, farmers and hedgers, I’ve had my eye on this story for the last week or so, so I was thrilled to be able to have [...]