Overall I’m bearish on the markets until a few things happen on the chart below. ADX rolls over and +d1 moves higher over the -d1. RSI breaks downward trendline MACD moves over signal line and histogram goes positive....
Read MoreBy Martin Hutchinson ContributingEditor Money Morning Markets were cheered Wednesday when the International Monetary Fund (IMF) projected global growth of 2.5% for 2010, a slight increase from its earlier forecast of 1.9%...
Read MoreShaw Group Inc reported earnings that put a damper on the entire heavy construction industry group. While it’s a little oversold at the moment this is a sector to watch for a weak bounce and then get short, provided...
Read MoreFull Story: http://www.davecarrollmusic.com/story… – Below is from the Youtube channel describing his experience flying United Airways. I love this story. For the simple reason that as a consumer it’s...
Read Morevia Financialsense clipped from paguntaka.org
Read MoreBy Peter Krauth Contributing Editor Money Morning There’s never been a better time to invest in commodities. That’s a very simple statement, but it’s backed by three powerful points: Commodities tend to do well...
Read MoreAfter a bounce off of the 50 day moving average we dropped right through it. We may bounce temporarily off the 200 day moving average, but now all signs point down. RSI has been in a downtrend since May and the market will...
Read MoreBy Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report Just last week – for the first time in 60 years – Taiwan opened its doors to investments from Mainland China. The impact was almost...
Read MoreI don’t think many actually thought Ron Paul’s Bill HR 1367 that proposes to audit the Federal Reserve would actually slide through the Senate without a fight. I felt it would get rejected, as it has, but was left...
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