Stock Trade Team

Futures were slightly up this morning on optimism that LEH was gonna come up with a plan to turn things around. Well, it gapped up this morning but is now lower than it closed yesterday. This was a tricky gap up play kinda reminded me of the other day when the Gov’t stepped [...]

What a difference the weekend makes.  Futures up big this morning on Gustav not doing as much damage as “anticipated”.   I was watching the major news channels this weekend and they were all stationed in New Orleans pretty much in the path of Gustav.  Being a trader, I couldn’t help but think of what prices [...]

Futures are lower this morning ahead of data and oil is on the move upwards.  The fears and speculation that Gustav is going to hit the Gulf this weekend is positioning traders in oil ahead of the long weekend.  This is the final weekend that people are going on vacations and Fall is right around [...]

Futures up this morning on data after starting a little lower in the earlier part of the morning.  Oil way up after hurricane Gustav looks to hit Louisiana on Monday.  Oil data as well today.  After a few somewhat flat days to start this week before the long holiday weekend, we may see some action [...]