2 Stocks To Trade, And What's Next For The Market

Wed, 05/02/2012 - 20:15 EDT - Seeking Alpha

By The Oxen Group: Market Recap: The market suffered a slight setback on its second day of May as ADP Employment Change came in weaker than expected and could signal a possible meltdown on Friday when the non-farm payrolls are reported. Factory orders were also released today and came in a bit above expectations at -1.5% vs. -1.8% expectations. Additionally, helping to limit the market's downside was China's HSBC Manufacturing Index that came in above expectations, helping Asian markets to rise. Helping fuel downside was also the fact that European data was weak and raised the dollar vs. the euro. Friday's job report is crucial to the direction of this market moving forward, and we believe that the market will definitely move on the news. The disappointment of a miss will be less with ADP today, but a bad report could spark the "Sell in May" that we are all waiting for.
Two TradesComplete Story »

Original article
Login or register to post comments

New Life for the New Trade of the Decade
First, stocks hit new highs on Friday. Gold lost $22 per ounce. But believe it or not, our new Trade of the Decade is going well. As you may recall, we began a “Trade of the Decade” back at the start of the 21st century. “Buy gold. Sell stocks.” That was it. No fancy straddles, hedges or derivatives. Not even any stock selection. Just a simple macro trade that you could stick with for the next 10 years. How did it turn out? Beautifully. Gold was the top performing asset class of that period from 2000-2010.
US Treasuries vs Stocks - One Of These Things Does Not Look Like The Other...
Today saw a massive short covering trade occur in the US Treasury market. A broad base of traders got short treasuries over the past few days (long end auction setup trades...and the usual group who just MUST fade every move). Yesterdays weak ADP and ISM data brought in a large buyer of bonds (and a medium size seller of stocks). Today the stocks market went sideways while the Treasury market was rocked...the herd of Treasury shorts was caught and fear overtook all rational thought. There was a very high volume short covering event in the morning t
Advantages of Mechanical Trade Management
A lot of time and hours go into finding the right candidates to swing trade.
Kyle Bass Slams The 'Macro Tourists' Who Are Buying Up Japanese Stocks
Kyle Bass has been betting that Japan, which has the highest government debt-to-GDP ratio in the world, will eventually lose control of the bond market once investors wake up to this concept.
5 Stocks To Trade, What's Next For The Market
By
5 Stocks To Trade, What's Next For The Market
By
5 Stocks To Trade, What's Next For The Market
By
4 Stocks Below $9 That Analysts Expect To Double In 2012
By Rougemont: With all of 2012 on the horizon, it makes sense to buy stocks that could outperform the market, perhaps even double. 2011 was a very tough year for many stocks and investors, but it may have laid the groundwork for investors to buy cheap stocks at what might be historic lows.
Low Beta Stocks Look Particularly Compelling Today
SL Advisors submits: By Henry Hoffman

Main menu

Secondary menu

2 Stocks To Trade, And What's Next For The Market

Related

Latest

User login

Our Blog

Markets Map

Follow Us

Secondary menu