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Author: Samuel robinson

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...

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No Wire today

I 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 slightly...

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Oil Gets Crushed as Inventories Rise

Oil 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 of what...

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Why the rally?

The 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%...

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