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Cable, Not The Time To Be Greedy..Take Profits..
The longer term view in cable remains unchanged as trade from the Sept 11th low at 1.7450 is seen as a large correction (wave 4 in the fall from the March high at 2.0395) and with eventual new lows after (within wave 5, see numbering on daily...
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BetOnMarkets.com Afternoon Report
Please find below the Afternoon Report from David Evans, market analyst
at BetOnMarkets.com
European stock markets are flat while US markets are down around 1% on
Friday's close. It is telling that the Dow being down 100 points is
causing little...
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Update On SKF (UltraShort Financials ProShares)
I received the following note regarding SKF, for anyone interested:. Pursuant to Rule 11890(b) NASDAQ, on its own motion, has reviewed and determined to cancel all trades in security UltraShort Financials ProShares (SKF) that were ...
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Without The Ability To Short, The Marketplace Will Be Severely ...
Everybody???s talking about the unprecedented central bank actions around the world. My ???in for a dime; in for a dollar??? point in the Week In Review is that regardless of the cost to taxpayers and consumers in any...
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World Financial Markets Impose Short-Selling Ban
The Australian Government in a move aimed at offering its markets some protection from unprecedented turmoil in the financial markets worldwide, imposed on Sunday a total ban on short selling. The ban will be reviewed after 30 days to ...
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Tech ETFs Offer No Shelter In Volatility
Technology has not gotten any breaks from the Wall Street meltdown, and it appears there will be no shelter here from any crisis. Technology stocks were once considered a safe haven from the financial sector, but this time around, ...
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An Introduction To Healthcare Reform
Socializing our Financial System with a $700 billion dollar bailout of the mortgage industry has healthcare reformers scratching their heads.?? This weekend Treasury Secretary Hank Paulson urged lawmakers to approve an unprecedented ...
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Fit Markets — Another New Forex Broker
Fit Markets was added to the list of the Forex brokers on my site today. It’s a very new broker — it went on-line in the second half of 2008. Its site is till very fresh and a bit awkward, but it’s already advertising quite aggresively ...
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Relief Rally But No Convincing Bottom
It is said that you don’t make money from the stories on the front page but from the stories that move from page 10 to the front page. What’s on the front page? If this is the weekend then it must be time for another rescue… ...
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The $700 Billion Bailout: US Government To Take On Debt To Buy ...
This weekend the Bush administration proposed a 700 billion dollar bailout of bad mortgage debt to unfreeze the credit markets in the United States. Some members of Congress even argue that this bailout is not big enough. ... ...
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Dollar Loses Support -Daily Global Currency Market Analysis bt Investica
There will be increased fears over the US budget implications and medium-term confidence in the US currency is liable to weaken, especially with an increased risk of a ratings downgrade.
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Market Update from Trade The News
European market
Update: Market digest the new era unfolding for Wall Street; USD softer on
potential cost of bailout
Trade The News
Market Update System. To manage your alert preferences click on Portfolio
button at the top of the News...
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Market Overview by Forex Yard
Economic News
* USD
U.S. Rescue Plan on Deck - Awaiting Further Details
Last week was an exceedingly bearish trading week for the USD against most of its currency counterparts. Although the USD ended the week pretty close to its previous value versus the...
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Forex & Economic Commentary by Lloyds TSB
The details of the US government’s $1.2 trillion plan to rescue the financial system, including taking illquid assets from banks’ balance sheets, will be digested by the markets this week. Fed Chairman Bernanke, Treasury Secretary Paulson...
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Dukascopy Daily Forex Overview
On Friday, the yen tumbled to multisession lows after the U.S. government announced measures designed to stem the turmoil in financial markets.
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