Editor's Note: The following was posted in real time on our premium Buzz & Banter (click for a free trial). It's being shared here for the benefit of the Minyanville community.Greetings from New York where not one person from Philly has thanked me for suggesting they brace themselves for bitter disappointment prior to the World Series. Here I am all dedicated to serving and helping and those ingrates just swear at me. After the Pedro experiment there are rumors that Sandy Koufax may start tonight for the Phillies. Like Pedro Sandy is well-rested and intimidating. And old. For the ...

Cautious But Still Optimistic Stocks are still on an uptrend and the eight-month rally in the markets is still in tact. But investors are getting more cautious after the S&P 500 suffered its most significant correction on a weekly percentage basis since last May.In a story by Barron’s 60% of investment managers responding to a survey by the online magazine said they continue to be bullish about the market’s prospects through the middle of 2010. But about 80% of those surveyed said they think stocks are currently fairly valued or expensive.Should the market continue its correction 46% of the ...

Cautious But Still Optimistic Stocks are still on an uptrend and the eight-month rally in the markets is still in tact. But investors are getting more cautious after the S&P 500 suffered its most significant correction on a weekly percentage basis since last May.In a story by Barron’s 60% of investment managers responding to a survey by the online magazine said they continue to be bullish about the market’s prospects through the middle of 2010. But about 80% of those surveyed said they think stocks are currently fairly valued or expensive.Should the market continue its correction 46% of the ...

G-20 in Pittsburgh All eyes are on the Group of 20 meeting which concludes this week in Pittsburgh. It’s a key event for global financial reform.According to Reuters German Chancellor Angela Merkel warned today that efforts to make the world less prone to financial meltdowns could be losing steam. But so far they appear to be on track she said before she departed for the meeting.Other issues the summit will attempt to tackle include climate change and bankers’ compensation. European leaders are pushing hard for tighter limits on bankers’ compensation packages but click here to see Professor Jon Markman’s ...

This week presents a bit of a conundrum for options traders as to whether owning or selling is the better play heading into a holiday weekend. A few of the issues that are at play against each other include:  The fact that light trading could leave stocks in a holding pattern or that thin liquidity could lead to an increase in volatility. One less trading day will cause a markdown of implied volatility on Friday to reflect the impact of this time decay but that little thing called the "monthly jobs report" could provide a catalyst for a big ...