“There are only two mistakes one can make along the road to truth; not going all the way, and not starting.” -- Buddha

You may forgive Wall Street if it is acting a bit giddy as of late. It has just come off one of its best first quarters in over ten years, and after the wild ride of 2011, who can blame it for a round or two of light-headed celebration?

daniel / Tag: AA, AAPL, COMP, DJIA, euro-zone, European Union, EWP EU, IEV, LTRO-1, LTRO-2, PIIGS, SPX, VGK / 0 Comments

“Public opinion is no more than this: what people think that other people think.” -- Alfred Austin

daniel / Tag: Crude Oil, EU, Euro-group, euro-zone / 0 Comments

“A round man cannot be expected to fit in a square hole right away. He must have time to modify his shape.” --  Mark Twain

daniel / Tag: COMP, DJIA, ECB, EU, euro-zone, IMF, SPX, TROIKA, VIX, VXX EU / 0 Comments

“If it's a penny for your thoughts and you put in your two cents worth, then someone, somewhere is making a penny.” -- Steven Wright

As the World Economic Forum (WEF) wraps up its annual meeting in Davos, Switzerland, on Sunday, a large chunk of its agenda will be reexamined around the table of the first European Union summit of 2012, which convenes on Monday.

daniel / Tag: COMP EU, DJIA, ECB, EU, euro-zone, IMF, PIIGS, SPX / 0 Comments

“Confusion is a word we have invented for an order which is not understood.” --  Henry Miller


The Dow Jones Industrial Average (DJIA) rose by almost a full percentage point on Friday, but like so many aspects of the current market, that number is somewhat misleading.

daniel / Tag: COMP, DJIA, ECB, EU, euro-zone, IMF, PIIGS, SPX, VIX, VXX / 0 Comments

Are Latest S&P Ratings On EU Baked In or About to Burn the Market?


Life is a series of natural and spontaneous changes. Don't resist them -- that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like.” -- Lao Tzu

They’re back.

daniel / Tag: AMJ, ETF, EU, EUO, euro-zone, GLD, S&P, Standard & Poor’s FXI / 0 Comments

“There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest of them have to pee on the electric fence for themselves. “ - -Will Rogers

As the year fades into its final two weeks, it remains something of a coin-flip as to whether or not Wall Street ends the year in the red or the black.

daniel / Tag: COMP, DJIA, ETF, EU, euro-zone, SPX / 0 Comments

“As a novelist, I tell stories and people give me money. Then financial planners tell me stories and I give them money.”  -- Martin Cruz Smith

Beneath the daily noise of the continuing saga know as the European Union sovereign debt crisis, there is a strong underlying tremor going on, one that might eventually shake out as a major shift in the alignment of global financial power.

daniel / Tag: BRICs, ECB, ETF, EU, euro-zone, IMF, PIIGS / 0 Comments