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Tuesday, October 25, 2011

Cara Community

Cara Community


Tables & Charts for Monday, Oct 24th, 2011

Posted: 24 Oct 2011 09:03 PM PDT

Bill Cara's Blog for Oct 24, 2011

Posted: 24 Oct 2011 04:00 AM PDT

CTA Trading Desk Morning Report

[7:00am ET] Good morning.

The European financial crisis talks appear to be unsatisfying. Equity markets that had opened with a burst of bullishness in Europe, following the quite positive results in Asia, have turned south. Traders are looking for greater decisiveness among the authorities, and are not seeing it. The big meeting, however, is on Wednesday.

The one group hurt most in the market today are the big banks in Greece, each of them presently down about -20%.

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