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Saturday, September 10, 2011

Cara Community

Cara Community


Tables & Charts for Friday, Sep 9th, 2011

Posted: 09 Sep 2011 09:02 PM PDT

Bill Cara's Blog for Sep 9, 2011

Posted: 09 Sep 2011 04:00 AM PDT

CTA Trading Desk Morning Report

[7:00am ET] Good morning.

The weather today is cloudy and rainy. When last evening Pres. Obama spoke to Congress about his jobs plan costing in the order of $450-$500 billion, it was obviously a return to polarized politics as Republicans refused to applaud, which can't be a good thing for equity markets. This morning, ahead of a G-7 meeting, the media is carrying stories that the Fed's Bernanke is not yet prepared to endorse a monetary stimulus program. Mr. Market has reached for his umbrella.

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