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Gold Rises On Good ISM Number
That’s what the conventional headlines will tell you. The truth is that anyone who actually watches gold knows that gold trades according to the whims of the interbank market in… Read more
Crude Oil Spikes Along With Everything Else
So, on Thursday the entire grain complex got taken out behind the chemical shed and shot in the head. Then the USDA crop report came out on Friday while the… Read more
U.S. Automakers Expect Further Growth
A robust pace is expected to be reported for U.S. March auto sales which will make it the greatest quarter during last four years for new automobile purchases as the… Read more
Stocks To Watch – Fridays Movers
A quick look at the stock market on Friday. Listing the top movers by volume, gainers and losers by percentage. View of the stock market today. Dow: 13,212.04. + 66.22… Read more
The Rally in U.S. Treasuries Comes to an Abrupt End
At about 12:30 est on Friday a healthy dose of reality washed over the markets and waves of selling hit the U.S. Treasury bond market and did not stop until… Read more
Biggest Jumps of the Day: Walt Disney, Hewlett Packard and Merck
Today was the day for bulls as the Dow Jones Industrial Average was up 0.50 percent or 66.22 points to 13.212.04. Standard & Poor’s 500 index gained 0.37 percent or… Read more
Intel, Alcoa & American Express Remain Lower Despite Bullish Market
Intel, Alcoa and American Express were the only components in Dow Jones composition which remained low in today’s session. Dow Jones Industrial Average was up 0.50 percent or 66.22 points… Read more
Grains Go Limit Up After USDA Report
Looking at the action in the grain pits today one would think that Billy Ray and Louis were hiding a guy in a gorilla suit while having their way with… Read more
Oil Finally Tumbles Out of Range
West Texas Intermediate Crude futures finally broke down below the $105 per barrel price that has held to the downside for weeks now. I guess one too many rumors of… Read more
U.S. Economy Booming It Seems
As the jobs market strengthened in the U.S., household earnings in the fourth quarter grew at a quicker pace than earlier thought. As against final estimation of growth in gross… Read more
Bank of America, American Express and Coca Cola Remain Up Despite Bearish Stock Market
Bears dominated US stock markets on Wednesday as the Dow Jones Industrial Average fell 0.54 percent or 71.52 points to 13,126.21 for the day. Standard & Poor’s 500 index declined… Read more
DJIA Bears in Review: Caterpillar, Alcoa and United Technologies
Bears dominated US stock markets on Wednesday as the Dow Jones Industrial Average fell 0.54 percent or 71.52 points to 13,126.21 for the day. Standard & Poor’s 500 index declined… Read more
