By Barani Krishnan Fri Jun 29, 2012 8:37pm EDT (Reuters) – Hedge funds largely missed an early opportunity to profit from the biggest commodities rally of 2012 as they barely raised their investments in the sector in the week before the run-up, except in agriculture, data on Friday showed. Crude oil prices jumped 9 percent…
Friday, June 29, 2012 Stock Market Commentary: Stocks and a slew of other “risk-on” assets surged on Friday after European leaders announced the latest “solution” to their onerous multi-year debt crisis. In the short-term, this will help investors look past the larger macro concerns that have plagued the market for the past few years and…
I think that many traders have a hard time believing that they can make money by buying a stock and waiting. Most of us are not taught to make our money work for us but instead that we must work for our money. Go to a job, put in the time and you get a…
By Chris Kelly and Eric Onstad NEW YORK/LONDON | Thu Jun 28, 2012 2:03pm EDT (Reuters) – Copper fell for the first time in four days on Thursday, on track for its worst quarterly performance since Q3 2011, as global growth prospects dimmed largely on the back of Europe’s spiraling debt crisis. Volumes slowed as pessimistic investors took to the…
Thu Jun 28, 2012 3:14pm EDT * US crude ends below $78 amid doubts about EU summit * Copper down too, heads for worst quarter since Q3 2011 * Gold slips 1.6 pct on day on signs of no Europe stimulus By Barani Krishnan NEW YORK, June 28 (Reuters) – Oil prices fell by up…
Stocks Hammered by Eurozone Worries NEW YORK (TheStreet) — Stocks were hammered Monday as investors fled riskier assets on concerns about Europe’s ability to address its escalating debt problems. The latest batch of worrisome headlines from across the pond included Cyprus reportedly asking for a bailout, the resignation of Greece’s finance minister and Spain making…
Friday, June 22, 2012 Stock Market Commentary: Stocks and a slew of other “riskon” assets were smacked in the third week of June as the latest economic data reaffirmed the notion that the global economy is slowing and hope for another round of QE to stimulate the economy was temporarily taken off the table. In early May,…
Wed Jun 20, 2012 6:01pm EDT * CRB falls back after Tuesday’s biggest rally in 4 months * Brent oil at 18-month low after Fed move and stockpile rise * US copper down 2 pct; arabica coffee loses 3 pct By Barani Krishnan NEW YORK, June 20 (Reuters) – Commodities slumped on Wednesday, a day…
Wed Jun 20, 2012 2:10pm EDT * Metals extend losses after Fed extends “Operation Twist” * Aluminium hits two-year low below $1,900 on supply glut * Coming up: China HSBC flash PMI for May By Chris Kelly and Harpreet Bhal NEW YORK/LONDON, June 20 (Reuters) – Copper ended down on Wednesday and fell further to…
By CHRIS DIETERICH And TOMI KILGORE Friday, June 15, 2012 NEW YORK—Stocks advanced as hopes that central banks stand ready to support global markets following a key Greek election overshadowed dismal U.S. manufacturing data. The Dow Jones Industrial Average rose 58 points, or 0.4%, to 12707 in early trading. The Dow has battled through sharp gains and losses…