Relevant Ramblings

By Jerry Furst - Sr Analyst
Investors Education Network.com
The Week That Was: Nov 3 - 7 
Last Tuesday’s Historic US election of Barack Obama was followed by disappointing reaction from the markets, with ADP employment numbers confirming contraction on Wednesday. Thursday  got started with a monster 1.5% surprise interest rate cut by the Bank of England, and Friday closed the […]

Pre Non Farm Payroll Numbers Disapointed early Wednesday as
Interest rate Cuts of 50bps expected from BOE and ECB are expected Thursday no shock to the charts expected - expect the unexpected.
November 5th, 2008 - Nothing but Down
 
Above - The Major Indexes and the VIX-Volatility Index 5 Minute Charts
USD-JPY 4 Hour Chart breaking Support (click to enlarge)
Finally - […]

By Jerry Furst - Sr Analyst
Investors Education Network
 
The Week Ahead - Calendar and Webinars
For my summarized Scheduled Economic Calendar - Click Here
Monday - US Election Coverage Goes Parabolic!
I’m expecting the markets to be really quiet Monday and Tuesday as the world sits back and pops enough pop corn for the next few days (or maybe weeks). […]

By Jerry Furst - Sr Analyst
Investors Education Network
 
The Dollar - Gives and Takes
The past few days have seen the US Dollar give back a small portion of it’s historic rally - save the Yen… This despite factors that fundamentally - “in normal times” - should have hammered the greenback. The biggest factor being the FOMC […]

If You Can’t Say Anything Good - Keep Your Mouth Shut!
 
Last week I was invited to the Federal Reserve in Miami for Dinner and a Seminar, The Filet was excellent! The subject matter made me uneasy as I came to realize that there is a bit of a disconnect between the realities on the ground and […]

By Jerry Furst - Sr Analyst
Investors Education Network
Search for a Bottom Continues
Back on September 28 I stated that,  “Chicken little was “buying Puts on SKY”” - I believe that the trade is probably profitable - As the search for a bottom continues…
With an unscheduled interest rate cut by the US - coordinated with the other Central […]

Oil and the Dollar
12:30am (eastern US time) - consolidation seen on almost all majors since the NY close. Extremely tight range.  Dollar is ”assumed” to be under pressure, and I suspect that to be the primary cause of the historic spike in Oil yesterday.
Assumptions with the market can often be wrong - especially in the short term. What you […]

Charts and Videos will return as soon as I can get Wordpress to work properly - besides - I’m busy trading!  But here’s some thoughts briefly!
This Did Not Have To Happen - Questions that Need Answers
Why were Depression Era Safeguards and Regulations Lifted? Who Changed Them? Why?
Headlines and Comments Worthy of Consideration
All the Kings […]

Brothers in Arms Face Down a Angry US Congress
Ben Bernanke and Hank Paulson were in the hot seat today, as Senators took turns asking probing questions that neither the FOMC chief or the Treasury Secretary could answer - at least without some matter of stuttering, or weakness in their voice. When the history books are […]

Possible Turning Point Getting More Confirmation
The consensus in the Live FOMC Webinar was that Ben Bernanke would keep rates steady. This was in line with the pundits consensus. The Fed Funds Futures Rates Shot up indicating that there are expectations that rates will be on hold for the time being. I posted on the blog […]