Around The Net In Ten Posts – Thursday July 26, 2012

Here is what I am reading: Draghi Says ECB Will Do What’s Needed to Preserve Euro (Bloomberg) MORGAN STANLEY: Europe Will Get Worse (Business Insider) Euro Zone Weighing New Help for Spain (Spiegel Online) The Banker Most Responsible for Allowing the Too Big to Fail Banks Says We Must Break Them Up (The Big Picture) Durable…

Market Open – July 26, 2012

Overnight Action: S&P Futures: S&P futures were in a general downward drift in Asian and early European trading. Yesterday’s market action was not decisive in any direction. For most of the Asian session, the futures were in a side way range. European session saw a fresh down move and emini was lower by -4.00 at…