It was indeed a benign selloff. Before i give you some examples, let me explain the concept of bids underneath because this is a technical term used by professional Money Managers. I want you to understand this stuff. These professional Money Managers have Actual Experience in buying and selling large chunks of stock. They dont just do the Analytical Research about why a stock should be liked or disliked. Thats what we usually talk about on mad money. Now im going to talk about trading mechanics. Stock sinks, there are people who are ready to stand there and do some buying. In short, buyers are lurking and theyre ready to pounce. How do you know theyre there . If youre an institutional trader, youre often asked for what is known as a picture, meaning what is the actual supply and demand balance in a given stock before you pull the trigger. So what does that picture look like with a lot of stocks in this market . Lets start with the first disney. See, if i wanted to buy disney in size a
Mountain coffee. Janet yellen will be speaking at 10 00. She is addressing. . The joint Economic Committee and its a big deal. Everybody will hang on every word. Nobody is really paying attention to this. Thats usually when a bombshell gets dropped. It bears scrutiny this morning. Its been a steady range on the 10year note. Obama will travel to little rock and survey the storm damage in arkansas. He then moves on to los angeles where he has a fundraiser. Lets do a data check. 1, the euro is above 1. 39. The vxx is showing 13. 80. This is the 30 year bond. We will feature jeffrey dunlo gundlach and we will talk about low yields. Beginning of the financial crisis and you can see the great moderation in the 10 year yield, down we go, we come up here and then the world is going to and end jim grant is happy and we are just rolling over again. Do we go back down to two percent . It does look like a rollover. You have seen a real rollover in the spread between the two year and the 10 year. C
Readers of The News may not realize that there are many fully online students that will never pick up a paper copy of Eastern’s student run newspaper, or even set foot in Charleston. According to the website Univstats.com there were a total of 1,459 students enrolled in an online program at Eastern in the 21-22.