This morning, the major stock indexes are all trading higher on the back of the weaker U.S. Dollar Index(DXY). Last night, the Chinese made comments that they need to increase the strength of their currency and this is certainly...
Read MoreGoldman Sachs Group Inc.(NYSE:GS) has been one of the weakest stocks in the stock market as of late. The stock topped out in mid-January 2011 at $175.43 a share and has been steadily declining. The stock is trading below its...
Read MoreThis morning, the retail sector is showing early strength. The Retail Holders Trust(NYSE:RTH) is trading higher by $1.21 to $106.46 a share. When the retail sector shows intra-day strength it is usually a sign that the major...
Read MoreThe large major banks are leading the major stock market indexes lower for a fourth consecutive trading session. It is important to remember that the four largest banks and many of the leading brokerage firms have been under...
Read MoreThe markets are hovering slightly negative on the day as the economic picture of Europe and the United States continues to look grim. The Dollar has been slowly inching higher throughout the day, keeping the markets from surging...
Read MoreThe markets sold off early in the session, tagging a master pivot low from April 18th, 2011. This low on the SPDR S&P 500 ETF (NYSE:SPY) was at $129.55. This level represents a short term major support for the market and it...
Read MoreThis morning, the major stock market indexes are all coming under pressure for the fifth consecutive week. Most leading stocks and commodities are trading lower this morning, however, precious metals are showing some very strong...
Read MoreThis morning, many of the leading commodity stocks are showing some early gains. Often, when the U.S. Dollar Index declines intra-day this will usually help to inflate the major commodity and stock markets. Therefore, should the...
Read MoreThe markets enter the week with fear bubbling up. The bears seem to be taking control from the bulls after an ugly Non Farm Payrolls report that only saw the creation of 54,000 jobs for the month of May. This clearly shows an...
Read MoreSince the March 2009 stock market lows, there has been only one way to cause a rally in the major stock market indexes and that has been drop the U.S. Dollar Index. Even today, the U.S. Dollar Index is declining sharply lower,...
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