RIMM
Many eyes will be on RIMMs earnings and new home sales over the next few days. The question is can earnings and positive housing numbers really stimulate the stock market? Small resistance to 1100 but after that a clear road to...
Read MoreI couldn’t write a daily wire today due to my dealings with the dreaded brokerage error. I have been fighting the good fight all morning trying to save a buck…to no avail, ouch thats painful. Todays market will move...
Read MoreThe USD has recently fell onsome hard times as the inflation pressures near. The Euro/USD trades at a $1.4800 level and has risen to its highest point for the 2009 year. This is leading investors to rush in to Gold,...
Read MoreOil got absolutely hammered today as inventories rose in Crude +2.8 million barrels, Gasoline rose +5 million barrels and Hat ros 3 million barrels. This led to the Oil meltdown from $72 to $69. The USD got back some...
Read MoreThe wheat market is up double digits due to the following factors: Wind damage in Australia causing possible quality issues Short covering by funds with wheat representing the biggest short on the floor Buyers looking at 29%...
Read MoreThe remainder of this week’s trade will likely be centered on the Fed meeting and policy statement. Markets have reached a possibly pivotal point up near highs. Ahead of today’s Fed announcement, trade has appeared...
Read MoreIt’s stuff like this that has me concerned….Man are we in a heap of trouble. http://finance.yahoo.com/news/FDIC-could-seek-bailout-from-apf-3266069115.html?x=0&.v=9
Read MoreReports & Statistics Retail sales for August climbed 2.7 percent according to the US Commerce Department beating expectations for a 2 percent gain. The number excluding autos increased 1.1 percent as opposed to the...
Read MoreIn a deep contrast to September of last year, the last several days of trading seem to be running on a combined fuel of enthusiasm and hope. This week has already brought surprising numbers on the retail front as well as a near...
Read MoreAhead of today’s Beige Book, things appear to be quiet as investors anticipate the potential for clues to the health of the economy. The post-holiday return to the markets has already suggested that there may be resurgence...
Read MoreJoin our mailing list to receive the latest news and updates from our team.