Archive for May 6th, 2010

Or It Was A Trading (Computer) Error?

Bloomberg story: NYSE Euronext Says There Were ’A Number of Erroneous Trades’

Carry Trade Unwinding

Ugly looking candle today. Looks the reason is EUR/JPY carry trade unwind, probably as a result of European debt problems. Chart 1. S&P 500 Chart 2. Euro vs. Japanese Yen

Initial Jobless Claims Down 11.000

Initial jobless claims were reported at 444.000. The consensus was at 445.000, last week reading was at 448.000. Chart 1. U.S. Initial Jobless Claims


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