Posts Tagged ‘MCD’

  • It’s All About China Now, Get Used To It
    Posted by Leigh Drogen on June 21st, 2010 at 3:53 pm, Comments: 0

    We better get used to trading in a market that’s all about China because it ain’t going away any time soon.  Frankly, we’ve been trading in that market since July of 2008 when the Chinese central bankers put an end to the appreciation in the Yuan and crushed the commodity complex to prevent run away [...]

  • Running Out of Breadth
    Posted by Leigh Drogen on November 23rd, 2009 at 10:04 pm, Comments: 0

    Like a less talented, smaller, slower team, the market is just hanging around, scrapping and clawing to stay in the game.  Teams like this are dangerous, it’s anyone’s game in the waning minutes.  A big push up above 1120 with volume on the $SPX and I wouldn’t be surprised to see another round of buying [...]