BP’s ‘Giant’ Discovery…
..Gives the Gulf of Mexico New Life By Jason Simpkins Managing Editor Money Morning BP PLC (NYSE ADR: BP) yesterday (Wednesday) announced a “giant” oil discovery in the Gulf of Mexico that may contain more than 3...
Read MoreAuthor: Jeff Pierce
Surviving the Markets
What does surviving a life/death situation and trading for a living have to do with one another? Apparently from the US Army’s point of view, quite a lot, if you go by the following segment I pulled from The Survival...
Read MoreDrastic Prediction
This is by far the worst doomsday prediction for the US I’ve seen yet. Not that I believe this could ever happen, but it is one of the more interesting scenarios out there and I felt like sharing. clipped from...
Read MoreThe U.S. Housing Market’s False Dawn
Why Did These Companies Cream the S&P 500? By Martin HutchinsonContributing Editor Money Morning Is the U.S. housing market truly at a turning point, as investors seem to increasingly believe? Or is this actually a false...
Read MoreStrange Days
This is hard to watch but awareness is the goal here.
Read MoreRecent Comment
Here is a comment I received that I feel is worthy of a discussion rather than just a few sentence reply that many may overlook in the comment section. I’m curious to hear what others have to say...
Read MoreFinancial Stocks Sending Mixed Messages
William Patalon IIIExecutive EditorThe Money Map Report Three of the financial institutions that were key catalysts to the global financial crisis – and that owe the federal government billions of dollars as a direct...
Read MoreSimilar Pattern Repeating?
It curious how the same patterns repeat in the markets. Could we be setting up for a fall? I would simple draw support/resistance lines on an intraday chart and wait for the markets to break out one way or the other to determine...
Read MoreDivergence Holding Up
I have a feeling this is a significant chart indicative of the internals and we’re going to look back in a week or month and realize this was very telling. As the market continues to make new highs, there is a very clear...
Read MoreDollar in Jeopardy
Back in January I talked about how the US Dollar was on the verge of collapsingand recent developments are reinforcing my view. After breaking down from a major head and shoulder pattern in 08′, this currency had quite a...
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