SIGN UP FOR OUR FREE NEWSLETTER & GET POWERFUL IDEAS DIRECTLY TO YOUR INBOX There are little tidbits of wisdom that I have picked up over my years; here is a list of some things that all traders should take to heart: 1. Don’t apply logic to the stock market So often I see people…
Friday, May 11, 2012 Stock Market Commentary: Stocks and a slew of other “risk assets” fell for a second straight week after the latest round of economic and earnings data suggests the global economy is slowing, not growing. Now that we are in the latter half of earnings season, the reaction by the major averages…
TECHNICALS- US soybean breakdown turns bullish view bearish Tuesday, 08 May 2012 16:55:57 By Carole Vaporean NEW YORK, May 8 (Reuters) – U.S. soybean futures <Sc1> exhibited a clear bearish signal on Tuesday when they broke below a key trendline, rupturing channel support that has been growing since early 2012. On the daily continuation chart,…
Gold down 2 percent, breaks below $1,600 on euro fears By Frank Tang NEW YORK | Wed May 9, 2012 1:28am IST (Reuters) – Gold fell around 2 percent in heavy trading on Tuesday, briefly breaking below $1,600 an ounce as worries that the euro zone debt crisis could worsen triggered a technical selloff. Gold retraced some…
Published: Friday, 4 May 2012 | 6:30 PM ET NEW YORK (Reuters) – Hedge funds and other money managers made more positive wagers on commodities than negative bets for the first time in five weeks, the Commodity Futures Trading Commission reported Friday, as softening U.S. data raised expectations for a stimulus. But a huge sell-off in…
Friday, May 4, 2012 Stock Market Commentary: Stocks and a slew of other “risk assets” fell in the first week of May after the latest round of economic and earnings data failed to impress investors and half of Europe has fallen back into a double dip recession. As earnings and economic data continues to be…
Published: Thursday, 3 May 2012 | 2:38 PM ET NEW YORK/LONDON (Reuters) – Copper fell in moderate dealings on Thursday, on track for its first weekly loss in the past three, after a double-dose of soft data from the United States dented global growth prospects, already down on China’s slowdown and Europe’s spiraling debt crisis. The…
Please Note: Today is our last daily note. Starting Tomorrow- May 1, 2012, it will become a weekly note, with intra-week updates, if needed. We would like to thank you for your continued support and patronage! Monday, April 30, 2012 Stock Market Commentary: Stocks and a slew of other “risk assets” slid on Monday after Spain…
–Stocks push higher after soft reading on 1Q GDP –Europe gains as good demand for Italian bonds offset Spain’s downgrade –Amazon.com, Expedia soar as quarterly results exceed expectations –GDP grows 2.2% in 1Q versus expectations for 2.6% growth By Chris Dieterich OF DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Stocks rose as robust quarterly results from…
Please Note: After Nearly 10 Years of writing our daily stock market commentary, due to time constraints, this will become a weekly note- Starting May 1, 2012. We would like to thank you for your continued support and patronage! Friday, April 27, 2012 Stock Market Commentary: Stocks and a slew of other “risk assets” were…