The major financial stocks have been one of the weakest sectors for most of 2011. Nearly every trading day since early May, which was the start of the stock market correction, the financial stocks have come under severe selling...
Read MoreThis morning, the major stock market indexes are having another early bounce higher. Over the past six trading sessions the major stock indexes have closed in negative territory. The last time that the major stock indexes...
Read MoreThe major stock indexes are all struggling this afternoon to get into positive territory. The Dow Jones Industrial Average, NASDAQ Composite, and the S&P 500 Index have been sold off sharply by the institutional traders...
Read MoreThe markets are trading on the flat line today which is a victory. The big question is, can it hold and build the day into a positive move. The reason for the victory today is simple. The Dollar is spiking higher on the session...
Read MoreBanks have been punished all year long. After making highs in early 2011, stocks like Goldman Sachs Group, Inc. (NYSE:GS), Bank of America Corporation (NYSE:BAC) and Citigroup Inc. (NYSE:C) have all come crashing down. Goldman...
Read MoreIn early May 2011, Caterpillar Inc.(NYSE:CAT) was the hottest stock in the entire market. The leading mining equipment stock topped out at $116.55 a share on May 2, 2010. Since that pivot high, the stock has sold off sharply...
Read MoreThe major stock indexes continue to struggle this morning as the leading indexes trade slightly lower on the session. The large integrated energy stocks are the one strong sector today bucking the recent stock market trend. The...
Read MoreAlmost every investor is standing by waiting for the Federal Reserve Chairman, Ben Bernanke, to make some type of comment regarding another round of quantitative easing. In other words, will there be QE-3 if the markets keep...
Read MoreAs election results were tallied, Ollanta Humala was the reported winner with 52.6% of the vote. Humala is known as a left-wing nationalist that may bring the country the way of Hugo Chavez. The stock market in Peru collapsed...
Read MoreThe markets are floating slightly higher today as the Dollar has fallen sharply once again. Federal Reserve Chairman Ben Bernanke is set to speak at 3:35pm ET today. Knowing this, gave Wall Street a good idea that the markets...
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