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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
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
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
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
Bank of America, Microsoft and Intel Hit the Day with Highest Volumes
Negative sentiment dominated the Wall Street on Tuesday however following stocks traded with highest volume numbers. Bank of America Corporation (BAC) fell 1.92% to close at $8.93. Total of 146.43M… Read more
Dow Jones Sustainers: Home Depot, Johnson & Johnson, Pfizer and Travelers Companies
DJIA was down by 101.37 points to 13,475 on Tuesday however four stocks out of 30 Dow Jones Components sustained and ended on positive note despite bearish sentiments. Details of… Read more
Top Losing Stocks at Dow Jones: Caterpillar, Hewlett Packard and Alcoa
Bears were on the move on Tuesday as the Dow Jones Industrial Average plummeted 0.75 percent or 101.37 points for the day to 13,457.55. Standard & Poor’s 500 index fell… Read more
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
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
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
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
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
