insider buying

Notable Purchases:
The diversified holding company Leucadia National (NYSE:LUK) bought 23,000,000 shares of branded consumer products company Harbinger (NYSE:HRG) for $253,000,000.
Mallika Srinivasan, a director at agricultural equipment company Agco (NYSE:AGCO), bought 155,592 shares of company stock for $8,081,449.
Willem Mesdaq, a director at big and tall men's apparel retailer Destination XL Group (NASDAQ:DXLG), bought 1,086,200 shares of company stock for $5,976,941.
The Omaha, Nebraska-based financial investment advisory firm 402 Capital bought 112,561 shares of online personals services provider Spark Networks (NYSEMKT:LOV) for $556,746.

Charting demand levels in trading

 The reality is that the stock or Forex markets throw off plenty of warning signs before they start falling in earnest.  The problem is that most traders and investors, either don't see or dismiss these warning signs altogether.  Only after it’s too late traders  tend to take action,that’s just human mind at work. Traders must remember that their natural human tendencies always get them in trouble when it comes to trading. What this tells us is that we need to change the way we think in order to change our results, and part of  that change in mindset is to be  possitive instead of negative when looking at the stock markets.  This sometimes involves going against the grain of mainstream thinking.  This can be hard for many traders to understand. Thus it’s not easy being different, but it can be rewarding, and more importantly, profitable.

Charting demand levels in trading

job market

While the job market has started to show signs of strength, it hasn't recovered fully from the recession. Employers increased payrolls at a slower pace in December and January but stepped up hiring in February. Still, they aren't creating jobs as quickly as they were in the middle of last year, a separate Labor Department report showed.
The gains have been enough to reassure Federal Reserve officials that the recovery remains on track, allowing them to gradually pull back on a bond-buying program meant to spur the economy. On Wednesday, the central bank's policy committee said it would reduce its monthly bond purchases to $55 billion in April from $85 billion last year.
"For some time, the level of unemployment claims has been consistent with an acceptable pace of job losses," said Stephen Stanley, chief economist at Pierpont Securities. "The root problem is that throughout the recovery, the economy has never been able to generate an explosive pace of hiring. And that remains the case."

Fed Chairwoman Janet Yellen

The Fed on Wednesday announced another $10 billion reduction to its monthly bond-buying program, which was expected. But an accompanying set of policy-rate projections caused a bit of a stir when it showed some Fed officials pulling forward their forecasts for higher rates.
Fed Chairwoman Janet Yellen, in her post-meeting press conference, rattled bond investors further when she said, in somewhat of an off-hand manner, that the first rate hike could come about six months after the bond-buying program ends.
With investors widely expecting the purchase program to end in the fall, that meant a rate increase could be in the cards as early as next spring -- a bit sooner than the mid-2015 many market participants had in mind.

GBP/JPY Daily

 GBP/JPY  Daily
14::30 GMT - Modest rise holding just above Tues' mid, but GBP is stillwell inside yesterday's range & sitting just off last week's low. A   breakdown here (Thurs?) has scope for a fast trade down to 165.

FOMC statement

 Markets generally sticking to narrow ranges so far, ahead of the FOMC statement and Yellen press conference this afternoon. Expect muted reaction when the time comes, says Eric Green, global head of rates, FX & commodity research at TD Securities. "Tapering is fully priced in and the market has already psychologically moved well beyond the 6.5% threshold as any material guide for policy," he writes. "Neither the timing nor the pace of rate hikes will be materially affected by the outcome today.

US Treasury

Latest capital flows report from the US Treasury once again puts to rest persistent concerns about China dumping US government debt. The biggest foreign owner of Treasurys increased its overall holdings --including bills, notes and bonds -- by $13.6B in January, following a $47.8B cut in December. It suggests China, like many other investors, sought the safety of Treasurys amid a broad selloff in riskier assets in January that sent the 10-year yield sharply lower. Foreign central banks overall cut holdings in January by a hefty $16.7B, though a lot of that was offset by buying from private overseas investors.