Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Sensitive Sally!


Let's get ready to rumble!


Just a quick blurb before we play in the fray. With yesterday's semantics sparking a low level rate debate, keep half an eye on the fixed income markets and the rate sensitive equity issues. Elmer's espousal jerk kneed the home builders, banks and brokers (lower high) and if (monster if) there is gonna be a spark in the dry forest, it should ember here. Toss BKX 915 on your trading radar, if and when, as it'll break a triple bottom in point & figure work. Conversely (or should I saw perversely), BKX 960 would break a triple top.

Also, the only other time this year (June 26) that the Minx ended blue, er, red during an FOMC day, the following session was higher (S&P +1.08%, NDX +2.21%). I've now heard this three times so, for whatever it's worth, traders are talking it up.


To bid on this item, click here!

< Previous
  • 1
Next >
position in qqq

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos