The markets are moving higher today ahead of the FOMC Policy Statement tomorrow. This release will be done in a new format which is sure to help the Federal Reserve maintain more control of the markets. First, at 12:30pm ET,...
Read MoreThis morning, the highly popular United States Oil Fund(NYSE:USO) is trading higher by 0.12 cents to $44.65 a share. The USO made a new 52 week high on April 8, 2011 at $45.20 a share. This level will still be minor daily chart...
Read MoreWhenever the U.S. Dollar Index declines the major stock market indexes will inflate and advance higher. The chart below clearly defines this inverse relationship in real time. The U.S. Dollar Index has now declined lower by 17.0...
Read MoreYesterday, the iShares Silver Trust(NYSE:SLV) traded over 189 million shares. This was the highest volume ever in the SLV, which will usually signal exhaustion buying. Many times before a stock, ETF, or commodity top out or are...
Read MoreChina internet stocks continue to show amazing gains as Sohu.com Inc. (NASDAQ:SOHU) leads the charge, trading at $106.63, +10.94 (+11.43%). SINA Corporation (NASDAQ:SINA) is not far behind and even small caps like China Finance...
Read MoreThe market is trading with very light post holiday volume. The first trading day after a long holiday weekend is always light and today is no exception. In addition, the markets are all looking towards Wednesday. On Wednesday, a...
Read MoreSilver reversed off the early morning highs in dramatic fashion. The iShares Silver Trust (NYSE:SLV) traded above $47.00 pre market before falling to a low by mid morning of $44.53. When silver was trading at the highs, it was...
Read MoreSince late August 2010, the major stock market indexes have rallied sharply higher. The catalyst for the rally was the announcement of QE-2(quantitative easing) by the Ben Bernanke in Jackson Hole, Wyoming. The U.S. Dollar Index...
Read MoreUsually, before a major holiday the stock markets will have some decent trading volume in the first hour of the trading session and then drift sideways for most of the day. Traders would then watch for a late day surge to occur...
Read MoreLam Research Corp.(NASDAQ:LRCX) is a leading semiconductor equipment manufacturer that is coming under sharp selling pressure this morning. The company reported earnings after the bell yesterday and the market reaction is...
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