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05/21/2010Late Surge Sends Wall Street Higher"'Definitely
people think we are not out of the woods yet,' said Justin Golden, a senior
strategist for Macro Risk Advisors, who said institutional investors at least
were awaiting further developments in Europe over the handling of the debt
crisis. He said the market still had a credit problem and was in 'crisis mode. I
wouldn’t be ringing the all-clear bell until the VIX is back to 30 or so.'”
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05/20/2010VIX, VStoxx Surge Amid Divided Response to European Debt
Crisis"'Investors sell what they have to create cash, which is
a sign of extreme fear,' said Justin Golden, a strategist at New York-based
Macro Risk Advisors LLC, which advises institutions on equity derivatives.
'Market makers are pricing things in an extreme panic mode and some customers
have interest in trading very high strikes in the VIX as they’re preparing for
higher levels of volatility.'” ... |
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05/19/2010Despite Rescue Plan, Euro-Zone Debt Still A Worry For Investors
"'Investors feel like Europe is kind of reaching the end of
its string," said Justin Golden, strategist at Macro Risk Advisors, a broker
dealer that advises institutional investors. "We may have averted a catastrophe
in the near term, but we look at longer-term measures of fear and (they are)
still very high.'” ... |
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05/10/2010Stocks Soar After Europe Announces Rescue
Plan"Justin Golden, a senior strategist for Macro Risk
Advisors, said he and colleagues worked through the night on Sunday, calling
clients and exchanging messages on a chat system to try to make sense of the
European announcement and to gauge how it would affect stocks and options
prices. ...Some analysts had said the European Central Bank had missed an
opportunity to take bold action last Thursday, so the size, if not the action,
was a real surprise. … 'We are calling it a financial bazooka,' he said."
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05/07/2010U.S. Indexes Negative for 2010"'We should expect
volatility in the near term. Up 5% or down 5%, both make sense right now,' said
Justin Golden, strategist for Macro Risk Advisors.” ... |
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05/04/2010The Greek Debt Crisis: Europe's Three Blind
Mice"While many traders are nervously watching the euro and
the prices of credit default swaps on European sovereign debt, Justin Golden, a
strategist with Macro Risk Advisors, says his biggest concern is the growing
correlation of trading in European bank stocks. The lingering trend seems to
suggest that investors are very doubtful that the bailouts will stop with a
one-off rescue for Greece.” ... |
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05/04/2010Stock Market Disconnect in Options Revewling Unsustainable
Risk"U.S. stocks are rallying the most in seven decades,
housing prices are stabilizing and the economy is expanding again after the
worst recession since the Great Depression. Yet Dean Curnutt, founder of options
advisory and brokerage firm Macro Risk Advisors LLC in New York, is wary.”
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