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Candidates And The Credit Crisis
At “A Dash” we join many others in closely following David Merkel’s work on The Aleph Blog, one of our featured sites since its inception. David covers a variety of interesting subjects. He is authoritative on some and inquisitive on ...
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Market Summary - Gustav Reclaims Hurricane Status
The 8pm report from the National Hurricane Center has Gustav emerging from a tropical storm back to hurricane status. The present projections have Gustav impacting the Texas or Louisiana coast by Monday or Tuesday. ...
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Europe ETFs Hit By Credit Crisis, And They Aren’t Happy
Like many areas around the globe, Europe is getting crunched hard by the credit crisis, and exchange traded funds (ETFs) focusing on this region are suffering. Figures released in mid-August showed that the euro-zone economy shriveled...
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Bank Failure - Integrity Bank Of Georgia
The FDIC has announced another bank failure:. FOR IMMEDIATE RELEASE. Integrity Bank, Alpharetta, Georgia, with $1.1 billion in total assets and $974.0 million in total deposits as of June 30, 2008, was closed today by the Georgia ...
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Tortoise And Hare: Growth ETFs Outpace Value
For those investors seeking profit now, rather than after a market recovery, growth-oriented exchange traded funds (ETFs) appear to be outpacing the value. One of the biggest reasons this is happening is because of inflation. ...
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A World Without Record Companies
I’ve noticed that many discussions about digital music, the struggles of the recording industries, etc, often are centered more on various individual’s ideological beliefs around music, more than they’re on the economic issues facing ...
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Friday’s US Stock Market Recap
Stocks tumbled today sparked by rising oil prices as the threat of Tropical Storm Gustav looms around the Gulf Coast and after the government’s announcement that personal incomes fell in July. Retail gas prices increased today, ...
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Due Friday: Consumer Sentiment - Personal Income - Food Costs ...
Good GDP numbers on Thursday boosted the equity markets - but the US Dollar did not see any strength until later in the day. Friday brings several news reports ahead of the Labor Day weekend. 30 Min Charts show Consolidation...
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USDCAD Approaches Fibonacci resistance at the 1.0606 level
Look for resistance/profit taking against this level. This corresponds with the 61.8% retracement level of the move down (see chart below).
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USDCAD: Trades through the initial resistance at the 1.0561 and ...
The USDCAD moved through the 1.0561 level and moved higher (1.0582 is the high so far). The pair also moved through the 50% retracement level of the last move down from the high on August 12th. That level comes in at 1.0567....
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EURUSD: The 100 hour moving average pushes the pair lower
The EURUSD has broken through the support level at the 1.4717 level which is equal to the 100 hour moving average. The low has been 1.4692 so far. The low yesterday for the pair was 1.4671. This would be a target level as long as the...
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Michigan Consumer Sentiment comes in stronger than expectations
The level comes in at 63.0 versus expectation of 62.0. The lower oil prices seems to have boosted consumers mood a bit. The low has been 56.4 set in June as oil prices surged to over $140 per barrel. The index is still well...
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Forex Trading News- University of Michigan Confidence
The University of Michigan Confidence reading expected at 62 came in better than expected at 63. This is a positive reading for the USD, coupled with other positive readings earlier today have USD reversing its earlier losses.
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Forex News: Chicago PMI comes in above expectations
The Chicago PMI comes in at 57.9 Prices paid lower at 80.6. New Orders as expected. Employment down. read more.
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Forex Trading:USD/JPY sells off overnight on better than expected ...
USDJPY sold off overnight as housing start rebounded for the first time in 13 months. Part of the slump in construction has been a result of a change in construction regulations. However, the credit conditions in Japan...
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