3:28pm EDT By Chris Kelly and Maytaal Angel NEW YORK/LONDON (Reuters) – Copper fell for the first time in four days on Monday, pressured by an early rally in the dollar versus the euro and by worries global growth may be slowing, which could hurt demand for industrial metals. China, which accounts for 40 percent of the…
Friday, March 09, 2012 Stock Market Commentary: Stocks successfully bounced after testing their multi-month upward trendline for the fourth time since October 2011. 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 a…
Thursday, March 08, 2012 Stock Market Commentary: Stocks opened higher on Thursday after the ECB and BOE held rates steady and investors were waiting for a deal on the latest Greek debt restructuring. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their…
Tuesday, March 06, 2012 Stock Market Commentary: Stocks were under pressure as several global economic powerhouses reported weaker than expected GDP growth. 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 a very…
Thursday, March 01, 2012 Stock Market Commentary: Investors digested a slew of data from all over the world on the first day of March. 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…
Wednesday, February 29, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied in February which helped Wall Street enjoy another positive month. 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…
Monday, February 27, 2012 Stock Market Commentary: Stocks and a slew of other risk assets ended mixed after the G-20 concluded said that European countries should sort their finances out on their own. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their…
Friday, February 17, 2012 Stock Market Commentary: Stocks and a slew of other risk assets enjoyed another strong week on as the risk on trade continued to dominate the investment landscape. The primary catalyst for the risk on trade was continued strength from the U.S. economy. From our point of view, the major averages confirmed…
Monday, January 23, 2012 Stock Market Commentary: Stocks and a slew of other risk assets opened higher after a strong start to 2012. 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. It was also encouraging to see the…
Thursday, January 19, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied on Thursday, led higher but stronger than expected economic and earnings data. 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. It was…