The Moon and the Sixpence

The $81.90 bid got hit and NEU promptly took off on increasing volume. Watch it around a hundred. Is the volume buying it or selling it?

NewMarket Corp., nice breakout, strong volume, $81.90 bid.

Hey buy point of $18.40 from a pretty flat base. Strong volume on a break out would be a really good sign. As always use a tight stop below ...

Ater seven years, TQNT is finally looking good again. Here's a 10 year chart: It was quite a ride during that red hot blowout year, and ...

Nina Mehta on the coming shakeout among options exchanges in the U.S. She sees two factors which give an advantage to the NYSE and the ISE:...

A briefing from cnn on the exchange wars : That deal sparked a wave of consolidation -eat or get eaten. The name of the new game is volume: ...

Hpq. A good buy at the fifty-day moving average (blue line). Continuation of the uptrend with support at forty. They must like this Hurd guy...

Msft. resistance just above thirty. Once it breaks through on volume, thirty will become support. Release of Vista just around the corner in...

AXP. Sixty; resistance becomes support.

Hey volatility is low as the market continues to rally, and it will stay low as long as stocks rise. But will it go much lower than this? Pr...

Fleckenstein gets it right in his May 23 article on MSN: ...For now, folks may actually think that the Fed will fight inflation. So, days l...

Apparently my prior post here on The Moon and the Sixpence has forced a lot of people to go public about the next step in the expansion of ...

The deal is closer to being done. If it happens, the NYSE will have a worldwide exchange reach of a 22-hour trading day, with exchanges in ...

Just a picture of the recent spike in Nasdaq volatility. You weren't expecting a slow summer doldrum kind of trading season, were you?

The Amex, faced with the question: "sink or swim?", changes it's mind and starts to paddle... NEW YORK (Reuters) - The membe...

After big runups since their IPO's, these stocks take a needed breather to shake out some of the weak holders and form sound bases. From...

Is New York losing it's market share in financial capital to the rest of the world? Daniel gross says yes over at Slate.com. According ...

From Reuters on Yahoo, the LSE rejected the Nasdaq's bid as too low as the NYX gets busy consolidating it's merger. This was the t...

What will become of the options trading floor in San Francisco now that it is owned by the NYSE? Carolyn Said, from the SF Chronicle : Marga...

Tom Au with a note on inflation , or rather, inflations.

From a member of an advisory body to the Chinese government: "China's foreign exchange reserve hit 818.9 billion dollars at the e...

Silver prices moved above $10 a troy ounce for the first in more than 22 years buoyed by strong buying in metal and energy markets. Traders ...

Hat tip: Tyler Cowen at Marginal Revolution. If you are one of those very knowledgable people who are gung ho on China and can't wait to...

Ft.com's Steve Johnson reports that BNP Paribas' FX Strategy Indicator is turning negative on the carry trades. Carry trades are s...

Yup, The NYSE has just started a blog . I don't think they've quite gotten the hang of it yet but we here at The Moon and the Sixpen...

After two hundred and thirteen years, the NYSE will finally join the rest of America as a capitalist--for profit--institution. On March 7th ...

New Fed chief Bernanke is talking tough, but Bill Fleckenstein isn't having any of it : While in the Fed-words-in-lieu-of-action departm...

Think the interest in trading and investing in commodities is temporary? The big trading houses don't. Here's Kevin Morrison at FT....

James Sheehan finds common ground between Nassim Talebs Fooled by Randomness and Austrian economics. Though Taleb was influenced by Hayek...