METALS-Copper ekes out gain ahead of holiday weekend Thu Apr 5, 2012 2:15pm EDT * Copper edges up as market digests Wednesday sell-off * U.S. jobless claims fall to lowest since 2008 * LME copper stockpiles rise in Asia * LME shut Friday, Monday for Easter holidays …
Thursday, April 05, 2012 Stock Market Commentary: Stocks and other risk assets were relatively quiet on Thursday as the world waited for Friday’s payrolls report to be released and digested the latest no QE3 decline.Technically, it is very encouraging to see U.S. equity markets continue to outperform their peers on a relative basis. For most…
Wednesday, April 04, 2012 Stock Market Commentary: Stocks and other risk assets fell on Wednesday after fresh EU debt/recession fears re-emerged. In Q1, the Nasdaq composite surged nearly 19% which was its strongest quarter since 1991! The benchmark S&P 500 jumped nearly 12% or its best quarter sine 1998! Meanwhile, the Dow Jones Industrial Average…
Tuesday, April 03, 2012 Stock Market Commentary: Stocks and other risk assets were relatively quiet on Tuesday after factor orders missed estimates and the Fed’s minutes showed central bankers are going to continue to wait for new economic data before taking any further measures. In Q1, the Nasdaq composite surged nearly 19% which was its…
Monday, April 02, 2012 Stock Market Commentary: Stocks and other risk assets enjoyed healthy gains in the first quarter of 2012 as the U.S. economy continues to improve and the EU debt woes have eased materially. For the quarter, the Nasdaq composite surged nearly 19% which was its strongest quarter since 1991! The benchmark S&P…
Friday, March 30, 2012 Stock Market Commentary: On average, stocks and other risk assets enjoyed healthy gains in the first quarter of 2012 as the U.S. economy continues to improve and EU debt woes have eased materially. For the quarter, the Nasdaq composite surged nearly 19%, the S&P 500 jumped nearly 12% and the Dow…
Weak durable goods data temper Dow Thursday, March 29, 2012 US stocks were flat as a weaker- than-expected reading on durable goods orders offset hopes that high oil prices could fall, removing a headwind to the economic recovery. US crude oil futures fell nearly 2 percent after a French newspaper reported several governments, including the…
Thursday, March 29, 2012 Stock Market Commentary: Stocks and other risk assets fell on Thursday after the latest round of economic data missed estimates and fears emerged regarding the European debt crisis. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current…
Wednesday, March 28, 2012 Stock Market Commentary: Stocks and other risk assets fell on Wednesday after the latest round of economic data was released. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying…
Tuesday, March 27, 2012 Stock Market Commentary: Stocks and other risk assets were mixed on Tuesday after the latest round of mixed economic data was released. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have…