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Friday, May 6, 2011

Cara Community

Cara Community


Tables & Charts for Thursday, May 5th, 2011

Posted: 05 May 2011 09:02 PM PDT

Bill Cara's Blog for May 5, 2011 [See Post-Close report]

Posted: 05 May 2011 04:00 AM PDT

CTA Trading Desk Morning Report

[7:00am ET] Good morning.

With the support of a rallying Euro and Yen, the US Dollar is much weaker than should be the case. In that context, the continuing sell-off in Crude Oil and Precious Metals has been muted. Getting smashed, yes, but only a fraction of what could be the situation today.

The major banks and mining companies in Europe this morning also tell the story of a continuing topping and decline of share prices.

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