The major stock market indexes have reversed all of yesterday’s holiday hangover rally. The Dow Jones Industrial Average is now trading lower by 122.00 points. The financial stocks are getting sold off sharply and this...
Read MoreThe major financial institutions have been holding steady over the past week, however, this morning, the large financial stocks are leading the major stock indexes lower. When the major financial stocks decline it will certainly...
Read MoreThis morning, it was announced that Morgan Stanley (NYSE:MS) in Asia invested $50 million in Yongye International, Inc. (NASDAQ:YONG). This is a significant investment for a company only valued at approximately $250 million. In...
Read MoreGermany, already an avid fan of solar energy, announced they would have all nuclear power plants shut down by the year 2022. This was in response to the horrific catastrophe in Japan just a couple months ago. The meltdown at...
Read MoreThis morning, the major stock market indexes have faded from the sharp gap higher open. This fade from the open can only mean that the U.S. Dollar Index is trading off the morning lows. The S&P 500 Trust(NYSE:SPY) is short...
Read MoreThis morning, the major stock indexes are all trading higher as the U.S. Dollar Index remains at the lows of the session. The rally today is broad based with early strength in energy, commodities and technology. Two leading...
Read MoreThis morning, the major stock market indexes are soaring higher on the back of the weaker U.S. Dollar Index. As we should all know by now, when the U.S. Dollar Index declines the major stock market indexes climb higher. Traders...
Read MoreThe markets are heading slowly north as predicted in my article yesterday. This is classic pre-holiday action caused by the Federal Reserve and their POMO, along with light volume and an overbought Dollar short term. The SPDR...
Read MoreOnce again, the major stock market indexes have come under pressure this morning. Once again, it is the intra-day strength in the U.S. Dollar Index(DXY) that has deflated the major stock indexes. We are living in a society where...
Read MoreFinding a great chart is often better than making love. While both give you pleasure, a great chart setup will pay you hundreds, if not thousands. On the other hand, making love means we often end up paying dearly for the hot...
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