Once again I find myself furious at the disrespect the treasury and government give the average American. The Obama administration, thinking the average U.S citizen may be too dumb to find out, slipped a new tidbit of news under...
Read MoreNew Homes Sales dropped sharply by 11% today as it appears home buyers who wanted the $8,000 tax credit by the end of the year have already completed their purchases prior to the government extending the credit. Before the...
Read MoreThree days before Christmas and the volume is light Exxon Mobile(NYSE:XOM), the Spyders(NYSEArca:SPY), and Apple(NasdaqGS:AAPL) are doing all right. While gold(NYSEArca: GLD), and oil(NYSEArca: USO) have caught a small bid...
Read MoreThe markets are trading slightly higher today on the back of a lowered GDP number once again. Yes, I said lowered. The final GDP number came out far worse than the market had hoped for, but due to holiday volume...
Read MoreThe markets are moving higher today on the back of solid moves from Alcoa Inc (NYSE: AA), Amazon.com, Inc. (NasdaqGS: AMZN), Intel Corporation (NasdaqGS: INTC) and JP Morgan Chase Co (NYSE: JPM). Volume has started to trail off...
Read MoreAfter a harsh continuation sell off on Wall Street early in the day, the markets have slowly headed back higher into the 50ma. The dollar has done the opposite of the market by spiking higher early, then heading back...
Read MoreMany traders and investors have been buzzing about the Research in Motion(RIMM) earnings. Every financial website was making a big fuss about how they knocked the ball off the cover and may trade higher to the moon. As a trader...
Read MoreRecently the markets have rallied on the day of the FOMC announcement. The market knows the Federal Reserve Bank is not going to say anything to spoil the apple cart. They have been more than accommodative by keeping the Fed...
Read MoreThe Producer Price Index (PPI) showed a stronger than expected increase which tells of inflation pressures on the producer side of goods. Later this week we will get the Consumer Price Index (CPI). With...
Read MoreIs the bond market talking to us? The yield on the 10 year Treasury note is now at 3.61%. The 10 year Treasury note is by far the most important bond. Most of the mortgages are based off the 10 year note. The housing market is...
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