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Author Archives: Tom Luongo

Rally Fades After Bernanke Speaks

Rally Fades After Bernanke Speaks

Even though FOMC Chairman Ben Bernanke’s comments on Monday were defensive of ultra-loose monetary policy the equity markets still could not muster any momentum afterwards and pulled back from its… Read more »

Mayer Utters Glittering Generalities About Yahoo’s Future

Mayer Utters Glittering Generalities About Yahoo’s Future

New CEO of troubled advertising fading giant Yahoo! (NASDAQ:YHOO) finally spoke to the public about her plan for how to move the company forward. Frankly, by all accounts, it sounds… Read more »

Inflation Expectations Roar Post Futures Expiration

Inflation Expectations Roar Post Futures Expiration

One day before the end of the Month/Quarter and the markets were back in risk-on mode thanks to the expiration of futures contracts that had moved so much during the… Read more »

Gold and Silver Close the Month at Round Numbers

Gold and Silver Close the Month at Round Numbers

In what was a very obvious push to limit the damage done to those short the metals this month, Gold (AMEX:PHYS) and Silver (AMEX:PSLV) both were sold with extreme prejudice… Read more »

Gold and Silver on Hold Before Futures Expiration

Gold and Silver on Hold Before Futures Expiration

For those head-faked out of your hedges on Friday’s false breakout above $1780 that should have been a very strong clue that the price of Gold (AMEX:PHYS) would not be… Read more »

Quiet Monday Has Yen Testing Support

Quiet Monday Has Yen Testing Support

Now that the Bank of Japan has settled on its new QE plan, extension of the old one to the tune of ¥10 trillion more purchases of various types of… Read more »

Verizon to Carry All Flagship Windows Phones

Verizon to Carry All Flagship Windows Phones

One of the biggest stumbling blocks to Microsoft’s (NASDAQ:MSFT) Windows Phone making a serious challenge to Apple’s (NASDAQ:AAPL) iPhone and Google’s (NASDAQ:GOOG) Android in the smart phone arena has been… Read more »

Gold and Silver Attacked on Options Expiry

Gold and Silver Attacked on Options Expiry

Everything was proceeding apace this morning as Gold (AMEX:GLD) and Silver (AMEX:SLV) were in the process of being up strong for the third Friday in a row after a four… Read more »

Wal-Mart Finally Defends Itself from the Kindle

Wal-Mart Finally Defends Itself from the Kindle

While this move by Wal-Mart (NYSE:WMT) is largely a symbolic attempt to curb the process known as showrooming whereby a consumer walks into a physical store to help guide their… Read more »

HTC Unveils Latest Windows Phones

HTC Unveils Latest Windows Phones

Troubled Taiwanese smart phone maker HTC released their latest offerings at an event in New York this morning.  What is significant about this event is that HTC is now all-in,… Read more »

Gold and Silver Still Trapped Below Resistance

Gold and Silver Still Trapped Below Resistance

Gold (AMEX:GLD) and Silver (AMEX:SLV) both recovered slightly from yesterday afternoon’s mild sell off to trade again in a very tight range for most of the day.  Gold hit an… Read more »

Microsoft to Launch Windows Phone 8 in China Before Year End

Microsoft to Launch Windows Phone 8 in China Before Year End

It’s no secret that so much of Microsoft’s (NASDAQ:MSFT) strategy going forward rests on accelerated adoption of Windows Phone in the next year or two.  With a share of the… Read more »