Flash Crash

http://www.worldtribune.com/worldtribune/WTARC/2010/ss_economy0389_05_07.asp

As I suspected......Could big money be behind that mystery Flash Crash last Thurs?? They think so too.

Weekly Analysis - WE 14 May 10

Big swing in colours and sentiment this week. I'm a little suspicious of the massive down move last week in the US Indices. Was this panic selling, programme selling or a concerted move by a few major players to make huge sums of money? Most of the down move happened in a 20 min period and the SEC is investigating the 'drop and bounce'. I heard of many trades being cancelled by the exchanges on some 'errant' trades where 100 shares were bought of leading US large caps at a few cents etc. All very odd and subsequently trading this week may be very range bound until markets have time to digest all this news and action. The US non-farms were positive though. Leans me towards market manipulation. Citi-Bank did the same thing a few years ago on a lesser scale and got away with it!!

Another issue has been the rise of the recent Indices' trends on low volume and I read that due to the exchanges being less centralised there was a lack of liquidity to match trades on certain platforms last week. As there were only a few exchanges some years back, these huge drops were less likely as there was always big volumes in the exchanges. Now that more transactions are conducted off exchange and spread over more dealers etc there has been concern that the lack of volume and liquidity in the major exchanges could have actually precipitated the fall last week as there were no long trades being matched on the other side of the deals. Many people were trapped for the whole move and unable to get in or out; again, the US SEC is investigating...

Market Momentum

http://www.barchart.com/stocks/momentum.php

Good site to check daily momentum/ % of US stocks above key MA's

Crude Short

Crude set up short from Monday's close

2 excellent blogs to add to your weekend reading.

http://www.tradersnarrative.com/more-credit-default-swaps-means-trouble-for-european-debt-3687.html

http://www.smartmoneytracker.blogspot.com/

Post Election FTSE Blues?

Is the FTSE pricing in the post election Blues? Since the FTSE is mainly biased towards overseas' earnings one could consider FTSE 250 short? I think this is where the FTSE 100 may stall for a while at least. The huge monthly DSRI line at 5110 could offer some support too.

Weekly Analysis

Messy looking week that hinges on what the Eq's do I think. Looks like FTSE has already topped out and a new down trend has begun. Will the US follow? Sell in May..... ;)

Weekly Analysis - WE 30 Apr 10

Well, the Eq's still keep going up. Best trade this week looks like long xxxJPY pairs!

IBs and Indecision!

Another week of IB's and indecision! Will have to wait and see if the Goldmans SEC suing adds further bear weight to Eq's on Mon. Bearish Dark Cloud Cover on some Commod pairs.

Options Expiry Dates 2010

http://www.optionsclearing.com/about/publications/expiration-calendar.jsp

Weekly Analysis - WE 16 Apr 10

Another mixed bag this week - Eq's just keep rallying and the 3 TFs are not all lining up nicely in many Forex pairs. Another week of patience!

Weekly Analysis WE 9 Apr 10

Some strong action against the Yens - looks like the start of a new trend of Yen being sold?

Apr Analysis

Weekly analysis updated to reflect the cross into April (ie new Monthly data)

The week ahead - 28 Mar 10

Mixed bag really this week - nothing too inspiring - markets seem to be in equilibrium.

Could this be the top for EQs??

Weekly Analysis - looks like USD could rally off some key levels. I also like CADYEN short if the textbook daily Shooting Star low is activated. Euro and Sterling look short again.

This week's analysis - could things now be on the move with EurUsd and UsdChf looking like they have broken free of the recent range?Plenty of daily hammers and shooting stars about too so we could see some major trend reversals - does Forex lead the EQs? All will be revealed!

S&P Double top? Or will Dr Joe have his day - it keeps going up!! Cable is still looking bullish too.

Cable Long anyone - risky and counter trend but has cable shorting been over done?