Market News

BOE: Hawks vs. Doves

The latest MPC meeting minutes was a doozy! While it revealed that policymakers voted unanimously to keep asset purchases and interest rates unchanged, it also showed that they were split on their views on further stimulus.

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S&P Adds to the Pain in Spain

Ay caramba! Just when everyone was gonna close shop at the end of yesterday’s New York session, ratings agency Standard & Poor’s came out of nowhere and downgraded Spanish debt!

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I have two basic rules about winning in trading as well as in life: 1. If you don’t bet, you can’t win. 2. If you lose all your chips, you can’t bet.Larry Hite