Emini Podcast / The Daily Futures 11/28/11

Hope you had a great Thanksgiving! Here at the CFRN Compound we had a most excellent holiday highlighted by family and a AAA Bird seasoned with just the right attitude of gratitude. In hindsight, that Turkey did seem a bit Negative towards the end. Oh well...... life's a Fitch and then you get downgraded.

Holdiay shoppers filled with hope, or sheer desperation were out in force on Black Friday. Big retail numbers translated into a big open on Globex Sunday night. The S&P 500 Emini gapped up 18 points on the open. Once Wall Street opened things went a bit flat to down ending the session with a rally into the close. S&P +33  Dow +291  Comp +85 Gold +$25 Crude +$1

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Emini Podcast / The Daily Futures 11/23/11

Today we talked about gratitude and David did a political rant.

We also covered the markets.

Gratitude is expressing thanks for gifts we have received. According to Merriam Webster's Online Dictionary, the word gratitude comes from the Latin words:

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Emini Podcast / The Daily Futures 11/22/11

Pre-holiday trade remains range bound. If tonight's chart looks a lot like last night's chart - Good eyes! The market caught a slight bump today on the IMF news, however there just wasn't enough heat to cook the bird. If you know what I mean...

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Emini Podcast / The Daily Futures 11/21/11

So what did CFRN Partner's know about the late day rally that you may not have known...?

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Emini Podcast / The Daily Futures 11/18/11

So how's that working for you?

You know what I mean...

That story you hand the guy in the mirror every morning.

What happens when he stops buying it?

Sports car? Girl friend? Toupe'? Hairpin turn? Cliff dive?

Even if it puts you out of your misery for more than a moment does it really solve anything?

Wouldn't it be nice to live just one day bathed in truth? Nobody's junk in your trunk? No half baked, spoon fed, shallow garbage renting space in your head?

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Emini Podcast / The Daily Futures 11/17/11

Partner's Meeting - 7PM Eastern

Not a Partner?

Here's a quick follow up to last night's TWEET

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Emini Podcast / The Daily Futures 11/16/11

So what in the world could 3 guys manage to talk about for 2hours:24 minutes:16 seconds?

The President, No Child Left Behind, Going Comatose, Thrashing on the Floor, and somewhere near the end we actually got around to the markets. David called a nice top while we were live and I laid the groundwork for a very nice 10 point Zone to Zone short as we signed off. (whew)

On the lighter side -

A warning from Fitch Ratings that large U.S. banks could be hit hard if Europe's debt crisis spreads sent stocks falling late Wednesday. U.S. indexes were moving between small gains and losses before Fitch released its report around 3:15 p.m. Eastern time. The Dow was down 36 points with an hour of trading left, then plunged to end the day down 190.

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Emini Podcast / The Daily Futures 11/15/11

Big day. Big week! Don't believe me? Click those headphones...

Last night we wandered off the path via an invite and found ourselves hobnobbing with the suit's. Hey, cough it up. It's probably just a hair ball. We rarely TWEET anywhere other than our own front porch but last night we offered this little idea

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Emini Podcast / The Daily Futures 11/14/11

Never a dull moment around here. Here's a quick look at the Sunday Night open on Globex

Euro / 6E

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Emini Podcast / The Daily Futures 11/11/11

With Europe under mounting pressure to act quickly to tackle its debt crisis, the leaders of Italy and Greece moved forcefully on Friday to reinvigorate their governments and show their sincerity about economic austerity. Financial markets rallied on the news.

MF Global fired all 1,066 of its brokerage employees on Friday, triggering anger and resentment about the firm's collapse after bad bets on European debt under former CEO Jon Corzine's leadership. How the abrupt, final blow was delivered upset many staff -- with some learning by e-mail and others through news on the television. "Fifteen years and no severance!" shouted one angry MF Global employee as he left the firm's offices on 5th Avenue in Manhattan after hugging the receptionist and doorman.

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