DAILY TRADING ADVISORY 25-June-2009 Durable Goods Orders up by 1.8%, New Home Sales down 0.6%. Fed maintains the benchmark interest rates between zero and .25% and leaves the bond purchases unchanged as it said that inflation...
Read MoreDAILY TRADING ADVISORY 19-June-2009 Initial Claims at 608K, higher than expected and above 600K already 20 weeks, continuing Claims down for the first time since January, U.S. Leading indicators up 1.2%, Philadelphia area...
Read MoreDAILY TRADING ADVISORY 18-June-2009 CPI lower than expected culminating the biggest drop in a 12 month period during the last 60 years, FedEx bearish economic outlook and Goldman Sachs ready to repay $10 billion in government...
Read MoreDAILY TRADING ADVISORY 17-June-2009 Housing starts up 17% from the previous month and Building permits up 4%; PPI up 0.2%, less than expected showing a 5% wholesale prices drop in the last 12 months, the largest annual drop in...
Read MoreDAILY TRADING ADVISORY 16-June-2009 NY Manufacturing Index lower more than expected and Global markets under pressure gave way to a negative opening and a down trend session. Homebuilder Confidence falls. ECONOMIC DATA 8.30 AM...
Read MoreDAILY TRADING ADVISORY 15-June-2009 Consumer Confidence at its highest level on the last nine months and Dow erases 2009 losses as investors sees the end of the recession, give way to another quite session where stocks...
Read MoreDAILY TRADING ADVISORY 12-June-2009 Initial claims down to 601K and Continuing Claims at a new record high 6.82 million, Retail sales up for the first time in three months, .5%. Markets rallied but once more fail to hold the...
Read MoreROLLOVER DAY IS TODAY THURSDAY, MY NUMBERS ARE STILL BASED ON THE JUNE CONTRACT Commodities and Global stock market advances resulted in a strong opening for the U.S. equity indexes that get sold and reached a neutral level into...
Read MoreDAILY TRADING ADVISORY 10-June-2009 Texas Instruments positive outlook and JP Morgan, one of the 10 banks that U.S. will let pay the TARP funds in show of confidence gave way to another consolidating session with mixed closes....
Read MoreDAILY TRADING ADVISORY 09-June-2009 Concern about valuations and global markets under pressure gave way to a lower opening. U.S. government announced that some of the nation’s largest banks can repay billions in federal...
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