AOL CEO on Google Partnership
Airtime: Thurs. Sept. 2 2010 | 8:50 AM ET
Google to provide AOL improved advertising format, with Tim Armstrong, AOL chairman & CEO.
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Bank of Australia Raises Rates to 4.25%
The RBA lifted rates by 25 bps to 4.25% — its fifth rate hike since October 2009. Adam Gilmour, co-head FX & derivatives sales at Citi Asia Pacific, offers his instant analysis, with Graeme Maxton, chief economist at The Insight Bureau and CNBC’s Oriel Morrison.
Awful Month on Wall Street; Stocks Close Below 200 DMA Line!
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
