Feb. 27, 2013, 9:17 a.m. EST By Kate Gibson and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) — U.S. stock futures climbed on Wednesday after government data showed that, excluding volatile demand for transport equipment, durable-goods orders in January jumped the most in a year. Stock-index futures held gains after the Commerce Department reported that total orders for goods…
Friday, February 22, 2013 Stock Market Commentary: Finally, after 8-strong positive weeks for the S&P 500 we began to see signs of distribution, especially in overseas markets. As you know by now, from my point of view, the primary two catalysts that sent stocks higher in recent months are: The Global Stability Put (GSP, the latest buzz word…
Published: Thursday, 21 Feb 2013 | 3:47 PM ET U.S. Treasurys rose on Thursday as worries over a lack of economic recovery in Europe, along with a struggling labor market and tepid business conditions in the United States, prompted investors to buy assets perceived as safe havens. Treasurys were bolstered early in the day as…
Thu Feb 21, 2013 1:24pm EST * Initial jobless claims rise, Philly Fed well below forecasts * Stocks on track for biggest two-day drop since November * Wal-Mart climbs after earnings, Safeway soars * Semiconductor stocks fall, weighing on Nasdaq * Dow off 0.5 pct, S&P 500 off 0.8 pct, Nasdaq off 1.2 pct By Ryan Vlastelica NEW YORK, Feb 21 (Reuters) –…
Source: Stockscores.com Perspectives for the week ending January 23, 2013 This week’s Trading Lesson In theory, information should make the stock market’s world go round. Information about companies and their ability to make money in the future is what should determine share price. As the market learns of new information, price is adjusted up and…
Thu Feb 21, 2013 11:14am EST * Surveys show downturn in euro zone businesses * U.S. weekly jobless claims rise by more than expected * Philly Fed business conditions in January lowest in 8 months * Treasuries underpinned by concern over government spending cuts By Chris Reese NEW YORK, Feb 21 (Reuters)…
Thu Feb 21, 2013 10:38am EST (Adds details, market reaction, quote) Feb 21 (Reuters) – Factory activity in the U.S. mid-Atlantic region unexpectedly contracted in February for the second month in a row, falling to the lowest level in eight months as new orders tumbled, a survey showed on Thursday. The Philadelphia Federal Reserve Bank…
Source: Stockscores.com Perspectives for the week ending February 18, 2013 This week’s Trading Lesson You cannot expect to do well in the market if you look at investing in a normal way. By definition, being average is doing what most other people do and since investing is largely a psychological game, doing what other people…
Wed Feb 20, 2013 1:20pm EST (Writes through with possible hedge fund liquidation and other details, quotes; adds NEW YORK to dateline, second byline) * Rumor of commodity fund liquidation sparks broad selloff * Gold at 6-month low, silver down most in 2 months * Copper hits 1-month bottom * Gasoline, US crude oil down…
Tue Feb 19, 2013 5:02pm EST * 50-day moving average nearly falls below its 200 DMA * Investors not worried about inflation, hurts gold * Near-term rebound possible as market turns overly bearish By Frank Tang NEW YORK, Feb 19 (Reuters) – An ultra-bearish technical formation on gold charts suggests a further pullback could be…