October 2019 - North Star Financial Services

Tweet Forecast

Last Week: In the summer of 1983, while I was preparing to enter the training program at Drexel Burnham Lambert, the hilarious comedy “Trading Places” was released. The climax of the movie is the year-end release of the USDA report on the orange crop forecast, as all the traders wait for that report to either buy or sell orange juice futures. It’s a binary process, good crop equals sell while bad [...]

A Rock and a Rollercoaster

Last Week: If you crawled under a rock on Sunday night and emerged on Friday afternoon and checked in on the markets, you would come to the conclusion that not much had happened. The S&P 500 finished down 0.33%, while the Dollar, Gold , and VIX (Volatility Index) were all at similar levels to the previous week. The bond market, however, would provide you a clue that there had been significant [...]

Monthly Archives: October 2019