On Wall Street Trading Desks, Here's What They're Talking About Right Now

Good morning.

Dave Lutz of Stifel, Nicolaus passes along the topics that Wall Street traders are chatting about today.

  • Red day in Europe. Financial stocks getting whacked.

  • Cliff fears growing. Obama speaking today. Rhetoric already getting sharper.

  • The market fell through its 200-day moving average.

  • Last time this happened was August, 2011, and the stock market tanked a lot more right after we broke through that level.

  • Europe will find a way to make sure that Greece doesn't "accidentally default" next week.

  • Credit Agricole posts unexpectedly large loss.

  • Gold traders most bullish in 11 weeks.

  • Chinese data decent. Inflation subdued. Fairly bullish.

  • Keystone Pipeline approval coming up?

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