Good Evening: Yet another afternoon rally after morning weakness allowed the major U.S. stock market averages to finish mixed today. Some earnings misses, along with some so-so economic data set the tone in the early going, but enough buyers showed up by day’s end to turn 1% losses into gains for both the NASDAQ and Russell 2000. That the markets remain resilient even as they are “overbought” shows how much the mood has changed since the turn back in March. With he SP still looking like it
Posted on July 29th, 2009 in Main Content | No Comments »
Hang Seng, Shanghai consolidate gains while Sensex continued to buck the regional trendStock markets in Asian region advanced further on Tuesday, 28 July 2009, as investors tried to take some profit from recent rallies. The positive lead from Wall Street due to a better-than-expected surge in new home sales and better than expected earning reports consolidated belief of an economic revival.On Wall Street, late-day buying sent stocks to a higher close Monday after earnings subdued the major indic
Posted on July 28th, 2009 in Main Content | No Comments »
By Charles Hugh Smith, OFTWOMINDS Here’s a wild speculation on the stock market and the real economy: the Powers That Be have engaged in a covert but easily visible wild speculation. Bear with me while I speculate wildly about an unprecendented campaign of wild speculation by The Powers That Be. The U.S. economy is at a cross-roads. Either it is exiting the recession and about to resume its glorious path of “growth” or it is teetering on the abyss. If you were the Powers That
Posted on July 27th, 2009 in Main Content | No Comments »
July 26, 2009 | By John Goodall In Currency Trading | by John GoodallWhen new to FOREX trading? Do not worry, the first steps in Forex trading is easy and you can always test your skills first in a demo account before you “live” with real money. In order to FOREX trading, we have to know what FOREX is. For the inexperienced, FOREX trading of buying and selling of various currencies in the world. FOREX is a treat if you buy one currency and selling another at the same time. It is always
Posted on July 26th, 2009 in Main Content | No Comments »
Finance Friday is our Weekly News digest that brings you snippets of Buzzing stories in field of Finance Stock Markets. India pushed down the ladder as the Favorite Investment Destination Yes, despite all the FDI Investment news floating around and the whole world tagging India as a Foreign Investment Heaven, Indian has slipped to number 3 position from 2 last year as the ‘Top Foreign Investment Decisions’ , in a survey of 241 multinational businesses by the United Nations
Posted on July 24th, 2009 in Main Content | No Comments »