December 7th, 2009 by Belisarius
Well, nothing particularity interesting in news today. I have place a new trade in the last minutes of Friday trading. I bought IYR ATM puts. IYR is iShares Dow Jones US Real Estate ETF. It’s a pure sector leaders/laggards play. We are experiencing selectivity in the stock performance as a consequence of flight to quality. […]
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November 27th, 2009 by Belisarius
Looks like markets are dismissing the potential Dubai World default as a catalyst for a meaningful correction. Nice outline of the situation by Telegraph: Dubai’s financial crisis: a Q&A. If the markets dismiss this as a not strong enough catalyst it will show the strength of the belief of the global economy is recovering. I […]
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September 2nd, 2009 by Belisarius
The market has come down slightly in last few days. Again, major theme was health of world banking sector.
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