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Saturday, November 19, 2011

Cara Community

Cara Community


Tables & Charts for Friday, Nov 18th, 2011

Posted: 18 Nov 2011 09:03 PM PST

Bill Cara's Blog for Nov 18, 2011

Posted: 18 Nov 2011 04:00 AM PST

CTA Trading Desk Morning Report

[7:00am ET] Good morning, Geoff here.

Yesterday was another volatile day in the markets with Europe being the reason for the S&P 500 to lose 21 points or 1.7%. As rates rise in Italy and Spain, traders are selling those bonds and other assets not wanting the risk. The European situation is leading to global recession fears and commodity markets sold off yesterday as well. We witnessed a flight to safety trade as traders moved out of risk assets and into the US dollar and US Treasury bonds.

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