Monday, November 7, 2011

Can You Survive of Euro Mess...Always Prepare For The Unexpected!!!

It’s Greek To Me
We ended last week’s newsletter “Europhoria” less than europhoric, with Phil’s statement, “We take a series of BALANCED trades – SELLING as much premium as we can so that time (theta decay) is always on our side. We take our profits off the table and, when we have to, we take our losses.
READ MORE: http://www.themarketguardian.com/2011/11/its-greek-to-me/

Wikileaks Exposes German Preparations For "A Eurozone Chapter 11"
The following cable from US ambassador to Germany Philip Murphy ("Ambassador Murphy spent 23 years at Goldman Sachs and held a variety of senior positions, including in Frankfurt, New York and Hong Kong, before becoming a Senior Director of the firm in 2003, a position he held until his retirement in 2006")
READ MORE: http://www.zerohedge.com/news/wikileaks-exposes-german-preparations-eurozone-chapter-11

Morgan Stanley Says Europe's Pandora's Box Has Been Opened
Have a sinking suspicion that the way the Eurozone has handled the past week's Greek threat has set the stage for the collapse of the Eurozone (here's looking at you Italy, over and over) now that Merkozy has made the possibility of a country leaving the Eurozone all too real?
READ MORE: http://www.zerohedge.com/news/morgan-stanley-says-europes-pandoras-box-has-been-opened

How American Banks Are Engineering the Next Apocalypse, Again

Remember credit default swaps? AIG? Hopelessly entangled exotic financial instruments tied to esoteric asset valuations that caused cascading defaults in 2008 and threatened to tank the global financial system unless taxpayers ate all the losses?
READ MORE: http://gawker.com/5855715/how-american-banks-are-engineering-the-next-apocalypse-again

Goldman's Roadmap For Europe - The Next Steps
Three of the smartest strategists at Goldman, Huw Pill, Francesco Garzarelli, and Peter Oppenheimer, have released what one could tentatively call a white paper on the "next steps" for Europe. Far from being the traditional permabullish sellside drivel, this is a must read note, as it cleanly lays out the risks for the Eurozone from this point.
READ MORE: http://www.zerohedge.com/news/goldmans-roadmap-europe-next-steps

Technical Take: How to Trade This Headline Driven Stock Market
Keep in mind that if the CME starts raising margin rates across the board for futures contracts in order to protect themselves stocks and commodities could collapse. Silver recently has is margin rates increased and silver since then dropped 25% in value. So imagine if they raised the rates for more commodities…
READ MORE: http://www.econmatters.com/2011/11/technical-take-how-to-trade-this.html

Commodities May Rise 6% in Next Three Weeks: Technical Analysis
Commodities may rise about 6 percent in three weeks, extending a rebound from a one-year low, according to technical analysis by Bank of America Corp
READ MORE: http://www.bloomberg.com/news/2011-11-07/commodities-may-rise-6-in-next-three-weeks-technical-analysis.html

No comments:

Post a Comment

Kalender Ekonomi & Event


Live Economic Calendar Powered by Forexpros - The Leading Financial Portal