As mid day approaches, the markets have turned to the negative side. Fear continues to creep out of Europe as the Euro has inched back to the negative side against the Dollar. In addition, financial regulation seems sure to...
Read MoreOil, United States Oil Fund LP (ETF) (NYSE:USO) is down sharply today as the dollar continues to be strong. Fear that Europe will kill the global recovery is also causing demand recalculation. Almost all commodity stocks are...
Read MoreThis morning the major market indexes are all trading lower continuing Friday’s decline. While many sectors such as energy and industrial metals are trading lower it is the financial stocks that are really putting the...
Read MoreHave you tried to find someone bullish on the Euro CurrencyShares Euro Trust (NYSE:FXE)? I have had no success in finding anyone out there that is bullish. What does that mean? It means I am moving to the bullish side on the...
Read MoreThe SPDR S&P 500 ETF (NYSE:SPY) hovers at the lows of the day and is slowly moving towards the double bottom from Friday. This will be short term support. It is all on the back of a fall in the Euro CurrencyShares Euro...
Read MoreThe major indexes are back to where they were a week ago. This is not only the case in price it is also the case as the market is trading inverse to the U.S. Dollar Index. Simply look at the chart below and see for yourself. It...
Read MoreKey stocks like SanDisk Corporation (NASDAQ:SNDK), Baidu, Inc. (NASDAQ:BIDU) and Netflix, Inc. (NASDAQ:NFLX) all made new 52 week highs today with large surges in the first hour of trading. Baidu, Inc. jumped on continued...
Read MoreBaidu, Inc. (NASDAQ:BIDU) jumped today, soaring to $77.05 +5.63 (7.89%) after splitting 10 for 1. Why do stocks usually jump after they split? Often times there is a key psychological factor at work. A stock like Baidu was...
Read MoreThe SPDR Gold Trust (NYSE:GLD) gapped higher today on the back of continued fears of massive global currency devaluation. Before 10am ET, the GLD took out the all time highs, hitting a price of $119.34. It is hard to imagine...
Read MoreThis morning the leading metal stocks are all under pressure. This group is viewed by many traders and investors as an economic growth barometer. Leading metal stocks such as Cliffs Natural Resources Inc (NYSE:CLF), United...
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