Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Thursday, December 1, 2011
LIBOR3 London Interbank Daily Chart
Libor rate keeps creeping upwards. Think of this chart as a fear gauge. Note the high fear during the 2008 and ealry 2009 market crash and Lehman bankruptcy. The Libor is now at levels not seen since the April-July 2010 equities selloff. Note that a few more ticks is all that is required for the Libor to test levels not seen for 2 1/2 years. Hang on to your hats since the market uneasiness has not subsided. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here or any links connected to this information. Consult your financial advisor before making any investment decision.
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