indigo-alien

I Guess This Means AIG Stock Will Rise 10% Tomorrow

Awful news. Should run the whole market up at least 1%.

Hey, the Citigroup news todays should be good for at least another 1%.

Look for a 2% day today.

Friday Outlook: Bulls in Charge?

"If markets were objectively trading on the news we’d have collapsed a long time ago."

There is no bad news that cannot be ignored!

Housing Market Tracker - Asia Hurting From Subprime, But Surviving

"KfW has now put aside a total of €6.8B to prop up IKB, which was the first German casualty of the subprime mortgage crisis..."

I know you're only quoting, but that's not accurate. SachsenLB was the first German casualty. The casualties will soon be persons sitting in high political offices in this country.

Tuesday Outlook: Market Manipulation?

Good intentions on that Dow save yesterday, but we all know where that road leads.

Financial Stocks Trading Near Book Value

The market is telling us that there is a substantially greater risk of bankruptcy in BSC, than ML.

Simple really.

Rumor of the Day: Bear Goes Belly Up

"Meanwhile, spreads on the company’s credit default swaps have widened dramatically, to between 700 and 800 basis points, compared with about 450 points Friday."

This is exactly the sort of move that preceded the waterfall move in TMA stock prices. It would appear to me that credit market participants have information that stock market participants, particularly retail participants, don't have.

Monolines: S&P to the Rescue

Watch for failures in the bond auctions today.

Tuesday Outlook: Monoline Bailout Just a Band-aid?

The tell will come in the bond auction markets. If the auction failures continue, we'll know that investors aren't drinking this kool-aid.