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Line in the Sand for the S&P 500

By David Nelson, CFA

Obviously yesterday was an uncomfortable one for the bulls. Whenever we get sell offs like this we all become chart gazers looking for levels of support. 250 more words

David Nelson

Droplets of Verse: '(Fuck the) US Dollar Bill'

(Fuck the) US Dollar Bill
Dead presidents
Moving in
For another big kill

(Fuck the) US Dollar Bill
A rolled up buck
Hoovering white crystals… 51 more words

Writing

ECB set to detail asset-purchase plan in hope to buoy eurozone.

Sterling dropped off sharply and traded near a three-week low against the dollar on Wednesday as the Markit/CIPS manufacturing PMI fell to a 17-month low in September – weakening the call for sooner rate hikes by the Bank of England. 397 more words