SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sharck who started this subject5/11/2001 10:18:49 AM
From: besttrader   of 37746
 
10:16 ET A Quarter or Half : Based on today's economic data, Lehman is saying that there is now a chance the Fed reduces rates by 25 basis points next week vs the 50 bp expected by firm until this morning.




10:10 ET Movers Of Note : World Wrestling Federation (WWF +11%) tumbled when company first announced plans for XFL; stock rallying now that company and NBC are sacking the league... Orchid BioSciences (ORCH +8%) is one of several genomics-related stocks rallying as secondary plays to Merck acquisition of RSTA... OmniSky (OMNY -18%) hit by Lehman downgrade.




10:09 ET Fed Policy : Bond market getting killed in recent action after the Michigan Sentiment data; probability of a 50 bp Fed cut next Tuesday -- which had been seen at close to 100% -- is now closer to 80%. Market still sees 25 bp cut as a sure thing. Reduced chance of 50 bp cut weighing on stocks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext