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A Decade After Lehman’s Collapse, $133M Loss Overwhelms A Clearing House

A Decade After Lehman’s Collapse, $133M Loss Overwhelms A Clearing House

Talking Points: $133 million trade loss was enough to wipe out safeguards maintained by the clearing house The event will draw the scrutiny of regulators looking to avoid similar instances The inability of the clearing house to cover the losses suggests some of the same risks remain 10-years after the Great Financial Crisis Energy Derivatives Trade […]
AskSlim Market Week – Friday, September 14

AskSlim Market Week – Friday, September 14

USD/CHF Coiling Ahead Of SNB

USD/CHF Coiling Ahead Of SNB

Political headlines and trade fears are dominating the headlines in today’s North American session, leading to a slight risk-off tone despite a positive open for risk assets. As a result, we’ve seen the US dollar, Japanese yen, and Swiss franc ascend to become the strongest major currencies on the day after bringing up the rear […]
Further Diverging Productions

Further Diverging Productions

Industrial Production in the United States increased by 4.9% year-over-year in August 2018. That’s the best for American industry in 92 months going all the way back to December 2010. Hurray for the boom. As with retail sales, August was in position for the best possible monthly comparison. Unlike retail sales, IP has another month of […]
Pieces Of The US & Global Stock Market Puzzle Come Together

Pieces Of The US & Global Stock Market Puzzle Come Together

All through the summer we had a “top-test” view on the primary US stock index, the S&P 500. We were 100% right on that; SPX spent all summer grinding upward to that test. That is where the would-be market genius aspect of the analysis ends because it appears that the favored outcome of that test – that it […]
Stocks And Precious Metals Charts – Shockproof And Nearly Shameless – Servants Standing, Speaking Truth To Power

Stocks And Precious Metals Charts – Shockproof And Nearly Shameless – Servants Standing, Speaking Truth To Power

“Many people think of our times as being the last before the end of the world. The evidence of horror all around us makes this seem possible. But isn’t that an idea of only minor importance?Doesn’t every human being, no matter which era he lives in, always have to reckon with being accountable to God […]
Hot Options Report For End Of Day – Friday, Sept. 14

Hot Options Report For End Of Day – Friday, Sept. 14

Top tickers for end of day: AAPL, FTV, GE, AMD, DVN.
4 ETFs Set To Soar In The Aftermath Of Hurricane Florence

4 ETFs Set To Soar In The Aftermath Of Hurricane Florence

Hurricane Florence has wreaked havoc on the coast of the Carolinas where conditions are fast deteriorating. Florence, the first major hurricane to threaten the eastern United States this year, has now downgraded to a Category 1 storm. Still, it may lead to catastrophic flooding, life-threatening storm surge and destructive winds in Southeast U.S. over the […]
Hedge Funds Slash Their Exposure To Stocks At The Worst Possible Time

Hedge Funds Slash Their Exposure To Stocks At The Worst Possible Time

Last week we discussed why even as the stock market ramped to new all time highs, hedge funds found themselves badly underperforming the S&P, and are now not only more than 5% below their January highs, but remain red for the year near the worst levels for 2018. What are the reasons for this stark underperformance? It […]
Market Talk – Friday, Sept. 14

Market Talk – Friday, Sept. 14

Asian markets ended the day strong, with the majority of the broader indexes increasing over 1%. Japanese Nikkei Index rose 1.2% albeit the manufacturing was slightly worse than expected; bringing the index to a 7 month high (Monday is a closed trading day). The exception to this case for a positive Asia was the Chinese […]