IB FX View A run on the dollar? Wednesday May 13, 2009 The big currency driver of the day in the European session was the breaking FT article resurrecting the thorny issue of whether U.S. treasury debt might lose its mojo in the...
Read MoreNewell Rubbermaid (NWL) is a familiar stock on this site. Back in August of 2008, we thought it was still a bit too pricey at $19/share. But starting in December of 2008, it began to look attractive, having reached $9/share. A...
Read MoreToday’s update will be a little different, instead of the normal stuff we’re going to solely focus on trading, price action, and price action patterns. Trading repeated price action patterns: The topic of price...
Read MoreALARON LAS VEGAS US EQUITY FUTURES REPORT 05/12/2009 US STOCKS FALL FOR SECOND SESSION, RECOVER FROM LOWS AS PROFIT TAKING CONTINUES IN FINANCIAL, TECHNOLOGY SECTORS. US EQUITIES fell for a second day, but closed well off the...
Read MoreALARON US TREASURY FUTURES REPORT 05/12/09 ECONOMIC DATA 05/13/09: all times EST 8:30 AM US RETAIL SALES (0.1%, EX AUTOS 0.3%), US IMPORT/EXPORT PRICES (0.6%), 10:00 AM US BUSINESS INVENTORIES (-0.8%) 10:35 AM EIA INVENTORY...
Read MoreToday’s tickers: UPS, BBY, MBI, XLF, HIG, MOS & ASML UPS United Parcel Service, Inc. – The package delivery company, which delivers an average of more than 14.7 million pieces per day around the globe, has experienced a...
Read MoreThere is a type of futures trading that is popular, but also about which some traders are unfamiliar. It’s called “system trading.” In this educational feature I will define system trading and detail the...
Read MoreIB FX View Recession fast becoming a fading memory Tuesday May 12, 2009 Fading memories of the worst global recession in living memory continue to be played out in terms of a weakening dollar as investors pursue opportunities in...
Read MoreWe have been experiencing heightened market volatility, created by market uncertainty. In this environment, many traders find themselves getting chopped up by the violent fluctuations and then becoming reluctant to get back in....
Read MoreBout of profit taking snaps the equity rally As feared yesterday we witnessed a sharp bout of profit taking in the equity markets as investors took the opportunity to lock in their profits after a 5% rally last week. Currencies...
Read More
