Trader Talk With Art Cashin 3.11.10
Airtime: Fri. Mar. 12 2010 |
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Airtime: Fri. Mar. 12 2010 |
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
We are still in the heart of earning season and a lot can change. But so far, it appears the earnings recession is over and that bodes well for the major indices. Here’s a Snap Shot of Q4 Earnings… So Far Earnings growth for the SPX the third quarter is 5.6% vs expectations of 4.5%…
September 2010 Market Commentary The major market indexes scored a sound follow-through day (FTD) on September 1, 2010 and spent the rest of the month racing higher. This corresponded with a steep sell off in the US dollar and a robust rally in many well-known commodities. The benchmark S&P 500 index and the Dow Jones Industrial…
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Great video on why Google may leave China.
December 2010 Stock Market Commentary: The major averages surged in December and enjoyed double digit gains in 2010. Furthermore, the 18-week rally which was confirmed on the September 1, 2010 follow-through day (FTD) remains intact which is a healthy sign for 2011. Background: Before we address the current market outlook, it is important to step…
LIKE THIS? JOIN OUR FREE NEWSLETTER Has copper lost its importance? The basic premise is that for the past few years, copper and other industrial metals, no longer play a critical role for global economic growth. Don’t take my word for it; the proof is in the charts. Since 2011, copper prices have been…