This is a very useful link: http://www.worldeconomiccalendar.com/
For those interested :the ECB Press Conference starts at 8:30 Thursday
World Economic Calendar / ECB Press Conference
Gain and Pain
40 something Global Director of Business Development for a Security Software Manufacturer. Trading stocks for 15+ years - using primarily technical analysis
Follow @kcscott7
Draghi: “whatever it takes to preserve the euro” / German Finance Minister Wolfgang Schaeuble: “Nein”
More double talk out of Europe in this Washington Post article 
BERLIN — Germany’s finance minister is rejecting talk of a possible application from Spain for the eurozone’s bailout fund to buy the struggling country’s bonds, a newspaper reported Saturday. This week, European Central Bank head Mario Draghi promised to do “whatever it takes” to preserve the euro. The German and French leaders then said that they were “determined to do everything to protect the eurozone.”
Does that mean we need a do over on Thur – Friday Rally?
Would you buy this chart? EUO
Here’s the 3 month chart of EUO – Ultra short Euro ETF
With Greece cut off from IMF funding, and September insolvency looming I’m having a hard time thinking of a safer play than this.
Wanna Gamble? Paulson Sees 50/50 Chance of Euro Break Up within 2 years
A Bloomberg article today quotes billionaire hedge-fund manager John Paulson as telling clients he sees a 50 percent chance the Euro breaks apart within the next 24 months.
“An event causing a breakup may happen in three months to two years, Paulson said on a conference call today reviewing second-quarter performance, according to the investor, who asked not to be named because the call was private. Paulson, who runs Paulson & Co., said he expects sovereign yield spreads to widen. ”
Of course Paulson is also the clown who lost 51% for his investors last year.
Maybe it’s Heads you lose – tails you lose.
Gain and Pain
40 something Global Director of Business Development for a Security Software Manufacturer. Trading stocks for 15+ years - using primarily technical analysis
Follow @kcscott7
World Economic Calendar / ECB Press Conference
This is a very useful link: http://www.worldeconomiccalendar.com/
For those interested :the ECB Press Conference starts at 8:30 Thursday
Draghi: “whatever it takes to preserve the euro” / German Finance Minister Wolfgang Schaeuble: “Nein”
More double talk out of Europe in this Washington Post article
BERLIN — Germany’s finance minister is rejecting talk of a possible application from Spain for the eurozone’s bailout fund to buy the struggling country’s bonds, a newspaper reported Saturday. This week, European Central Bank head Mario Draghi promised to do “whatever it takes” to preserve the euro. The German and French leaders then said that they were “determined to do everything to protect the eurozone.”
Does that mean we need a do over on Thur – Friday Rally?
Would you buy this chart? EUO
Here’s the 3 month chart of EUO – Ultra short Euro ETF
With Greece cut off from IMF funding, and September insolvency looming I’m having a hard time thinking of a safer play than this.
Wanna Gamble? Paulson Sees 50/50 Chance of Euro Break Up within 2 years
A Bloomberg article today quotes billionaire hedge-fund manager John Paulson as telling clients he sees a 50 percent chance the Euro breaks apart within the next 24 months.
“An event causing a breakup may happen in three months to two years, Paulson said on a conference call today reviewing second-quarter performance, according to the investor, who asked not to be named because the call was private. Paulson, who runs Paulson & Co., said he expects sovereign yield spreads to widen. ”
Of course Paulson is also the clown who lost 51% for his investors last year.
Maybe it’s Heads you lose – tails you lose.
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