Another Friday
This weekend many economists and investors are expecting China to raise interest rates to cool off their sizzling economy. The Chinese have already increased bank reserve requirements six times this year in hopes to cool...
Read MoreThis weekend many economists and investors are expecting China to raise interest rates to cool off their sizzling economy. The Chinese have already increased bank reserve requirements six times this year in hopes to cool...
Read MoreFollow the money is what most people say when they are trying to figure out a financial crime. Well in this case if you follow the U.S. Dollar Index you will see that it has declined throughout the trading session. As we all...
Read MoreThe SPDR Barclays Capital High Yield ETF(NYSE:JNK) has traded basically flat for the session. This ETF has made a low on the daily chart November 23rd at $39.63. Since that time the JNK has rallied slightly higher, however, it...
Read MoreBoeing Co.(NYSE:BA) has been declining three consecutive trading sessions. This stock still remains below all of it’s major daily chart moving averages which tell us that the stock is in a weak technical position. Boeing...
Read MoreNetworking play Ciena Corporation (NASDAQ:CIEN) gave Wall Street exactly what it wanted to hear from earnings and forward guidance. The stock soared, currently trading at $18.12, +2.20 (+13.83%). While this is a tremendous...
Read MoreFinancial stocks like Goldman Sachs Group, Inc. (NYSE:GS) and Wells Fargo & Company (NYSE:WFC) may have just a little more left in the tank prior to a significant pull back. Note the chart below of Goldman Sachs. It shows...
Read MoreJPMorgan Chase & Co. (NYSE:JPM) has surged in recent days, spiking into a key resistance level. This resistance level, seen in the chart below, is stalling the stock today. However, based on the current trajectory, price,...
Read MoreTraders remember as long as the U.S. Dollar Index declines intra-day the major stock markets will inflate. That is how inflation rallies work. This same action has been going on since 2002. Look how it works intra-day on the...
Read MoreThis morning the leading integrated energy stock Exxon Mobil Corp.(NYSE:XOM) is trading lower by 0.23 cents to $71.62. Often when Exxon Mobil Corp. is weak during the trading session this will usually signal that the stock...
Read MoreThis year the market caught an explosive bid higher on December 1st, 2010. On that day the Dow Jones Industrial Average(DJIA) climbed higher by 248.00 points. That is certainly a major move higher for a single trading day. The...
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