U.S. stocks closed higher, tacking on the majority of their gains in early-afternoon trading after two Federal Reserve officials spoke encouragingly about the efficacy of the Fed's bond buying ...
My April 26 post laid out a scenario for minimum and maximum target objectives to be reached by the Major Indices by the end of Q2, based on a number of assumptions.The following is an update to ...
The U.S. stock market fell on Monday in a quiet trading session. The losses, however, were very minor and the sharp uptrend in equities continues to look intact. Nevertheless, traders and investors ...
EUR/USD Today’s support: - 1.2858 and 1.2838(main), where correction is possible. Break would give 1.2803, where correction also may be. Then follows 1.2780. Break of the latter would result in...
During Alan Greenspan’s tenure at the helm of the Federal Reserve (1987-2006), the investment community created a phrase to capture the former chairman’s wordiness. “Fed Speak”...
Disappointing economic news from the Chicago Federal Reserve failed to prevent the major stock indices from reaching new record intraday highs. Unpleasant economic news failed to dampen investor ...
U.S. stocks finished with small declines, giving back early gains propelled by a new round of mergers and acquisitions activity. Investors also weighed the continued size of Federal Reserve stimulus ...
EUR/USD Today’s support: - 1.2780(main), where correction is possible. Break would give 1.2757, where correction also may be. Then follows 1.2736. Break of the latter would result in 1.2709. If...
Another record setting week takes the U.S. stock market farther into bubble territory For the week, the U.S. stock market and its major indexes, the Dow Jones Industrial Average (DIA) and S&P 500...
Note from dshort: In response to a special request and in light of the strong market performance in the S&P 500 and meteoric rise in the Nikkei 225, I've updated my Mega-Bear weekly chart series ...