“If my aunt had balls she’d be my uncle!!”
I love that line. I first heard it on the trading desk at Bear Stearns in the early ’90s. For the last twenty years I have used the line often to counter those who would bemoan an outcome with the standard, “If only…”. My response typically generates …

U.S. stocks rose, erasing an early slide, and Treasuries pared gains as higher oil and copper prices…

RLI Corp. (NYSE:RLI) reported second-quarter 2010 operating earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.05 per share by 47 cents. Results also compare favorably with operating earnings of $1.32 per share in the year-ago period.
Operating earnings for the quarter were $32.2 million versus $28.7 million reported in second-quarter 2009. The earnings …

OK, I admit it: I spend lots of time at Financial Armageddon discussing current problems and the many disasters to come, and not enough hours advising visitors on what they can do to prepare themselves for the challenging times ahead.
Today’s goal, however, is to rectify matters somewhat, mainly by calling upon the talents of one of my …

The Euro had a soft tone in Asian trading on Monday and consolidated near 1.29. The Irish credit…

Daily Summary, Pivot Point Calculations and Fibonacci levels for multiple market

Given the backdrop of confusion on direction and volatility that plagued the broader financial markets Tuesday, crudes price action through the session doesn’t seem so unusual. That being said, the general pace of risk appetite was highly unusual. Most investors are still holding off on taking major positions ahead of Friday’s EU Stress Test results …