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Wall Street advances at the start of a holiday-shortened trading week

June 29, 2009

Brian Battle reacts to the day’s financial markets. “Trading will be thinner than usual, particularly toward the end of the week, with a lot of guys taking off early ahead of the holiday," Battle said. “It’s going to be very whippy, and we shouldn’t pay too much attention to the 100-point swings.  Regarding the Madoff verdict, Battle said that Wall Street would be relieved that he got the maximum.  But he said there might be concern that the scandal will mean increased government regulation of money management.

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TARP Repayment Go-Ahead Boosts Bank Sector

June 9, 2009
Dow Jones Newswires/The Wall Street Journal Online

Brian Battle discusses the day’s purchases in the government agency sector. The success of the three-year Treasury auction may have something to do with that, he said, but the real show will start tomorrow with the 10-year and 30-year Treasury auctions.