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Thursday, April 28, 2011

Cara Community

Cara Community


Tables & Charts for Wednesday, Apr 27th, 2011

Posted: 27 Apr 2011 09:03 PM PDT

Bill Cara's Blog for Apr 27, 2011

Posted: 27 Apr 2011 04:00 AM PDT

CTA Trading Desk Morning Report

[7:00am ET] Good morning.

Like it or not, today is about the Fed.

The questions to ask yourself today: Will the FOMC give any hint about their plans to terminate QE2? If they do actually say the program is close to being ended with no present plans for QE3, how low will the price of silver go? Thirty-something? And, at the Chairman's media conference, will Bernanke actually have anything to say about Fed policy or is he going to focus the discussion squarely on government taxation and spending issues over which he has zero control?

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