|
Cowabunga System Daily Update: Wednesday, 10/15/08
After a boring day yesterday, I was able to jump back in the market and grab 20 pips thanks to the Cowabunga System. See how it all went down in today's Cowabunga Surf Report (Including Video!)
Go to Full Article
|
1 |
|
Chiming in On the Baltic Dry Index
Everyone is talking about the Baltic Dry Index these days so I figured I might as well chime in. On Wednesday, I actually wrote about the sharp decline in the BDI for my daily report at GFT Forex but since then, the sell-off has ...
Go to Full Article
|
1 |
|
DJIA: Does the Past Offer Hope?
After the horrid US data released this morning, there are plenty of reasons to believe that the equity markets including the Dow Jones Industrial Average are headed lower. We have argued that the next string of GDP reports will finally ...
Go to Full Article
|
1 |
|
Weak Consumer Spending = Negative GDP
Retail sales dropped by the most since August 2005 as consumers cut spending on cars, furniture, electronics, clothing and sporting goods. Americans are even eating out less and only spending on the necessities - health care and gas. ...
Go to Full...
|
1 |
|
CNBC’s Deca-Box
Last month, CNBC introduced the Octagon and this week, we have the Deca-Box! Another great clip from Jon Stewart (press play to watch the video): Snapshot of the Deca-box.
Go to Full Article
|
1 |
|
Is Earnings Season Bringing Back Recession Fears?
The feel good factor in the markets was relatively short-lived with the 400 point rally in the Dow this morning turning into a more than 76 point decline by the end of the US trading session. The US dollar weakened against every major ...
...
|
1 |
|
UK Hires Entire Economy
I love this comment from my buddy Andy Busch at BMO today: UK Hires Entire Economy: In a move that the Onion would love, Britain will increase the number of public sector employees to more than six million for the first time. ...
Go to Full Article
|
1 |
|
US Dollar Rallies, Crude Oil Tumbles on Global Growth Fears
The US Dollar rallied despite clearly disappointing US Industrial Production data, as renewed fears of a pronounced slowdown encouraged traders to seek...
Go to Full Article
|
1 |
|
Overnight Interest Rate Update 10.16.08
Overnight Libor Rates (17:15 GMT) Current Wednesday (17:10 GMT) USD 1.93750* 2.14375 EUR 3.17500 3.73625 GBP 5.17500 5.37500 JPY 0.87625 0.96750 CHF 3.75833...
Go to Full Article
|
1 |
|
UK Equity and Forex Market Closing Comments by IG Markets
At the close of trade in London, the FTSE 100 index has spent most of the day below 4000 and is in the red to the tune of 200 points.
It is fair to say there isn't just one area that has done the damage to market performance today...
|
1 |
|
Market Update from Trade The News
US Market Update
Dow -300 S&P -32 NASDAQ -41
- Equity markets are still desperately
searching for something positive to hold onto as the painful process of
pricing in recession goes on. Following a brief rally after the opening
|
1 |
|
GBP/JPY - British Pound Yen, American Session - 16/10/08
173,54.
Go to Full Article
|
1 |
|
GBP/USD - British Pound Dollar, American Session - 16/10/08
1,7267.
Go to Full Article
|
1 |
|
USD/CHF - Dollar Swiss Franc, American Session - 16/10/08
1,1321.
Go to Full Article
|
1 |
|
USD/JPY - Dollar Yen, American Session - 16/10/08
100,61.
Go to Full Article
|
1 |
