Gustav And The Oil Volatility Index (OVX) Since first becoming a tropical depression on the morning of August 25th, Gustav became a tropical storm, then a hurricane, and is now back to being a tropical storm – at least for the time being. Most models have Gustav reaching ... Go to...

ETFs Could Harness The Wind With Advent Of Underground Storage Wind energy is not just a bunch of hot air, as many companies are looking to this as a legitimate power source, blowing new life into related exchange traded funds (ETFs). Public Service Enterprise Group Inc. ... Go to Full...

Fannie/Freddie Chatter - Something Big Is Brewing I am hearing chatter something is about to go down soon. Who knows if this will be a bailout, but rest assured the tax payer will likely be on the hook for something. The options market is confirming something is brewing with the XLF ... ...

GDP Up, Joblessness Down, But While ETFs Might Rebound, Make Sure ... Stocks and exchange traded funds (ETFs) received a breath of fresh air today after it was announced that the US economy grew faster than expected in the second quarter. Economists had called for a 2.7% growth rate, but...

Thursday Stock Market Summary: Is The Bear Market Over? Drum roll please… NO. Today the media (and others) have proclaimed that the bear market may have ended. The reasoning behind this claim is today’s revised GDP data for Q2 which went from 1.9% up to 3.3%. ... Go to Full Article

Fannie And Freddie’s Survival Spells Big Trouble For Housing Market If these two companies Freddie Mac (FRE) and Fannie Mae (FNM) survive as private, beware. House prices will continue to fall, defaults, foreclosures and inventory will continue to surge, which causes house prices to fall...

Freddie Mac Has Actually Doubled In A Week Who would have thought it - Freddie Mac (FRE), which has been battered by almost endless selling, has actually doubled in value since the end of last week. Let’s take a closer look at this remarkable accomplishment that may have shocked ... Go...

Thursday Daily Market Commentary: The US, Japan And Europe Planned ... EURO. The euro depreciated vis-Ã*-vis the US dollar Thursday as the single currency tested bids around the US$ 1.4670 level and was capped around the $1.4810 level. Data released in the US saw Q2 gross domestic product...

Profiting From Israel’s Renewable Energy Boom We’ve been tracking the flow of dollars and shekels into Israeli clean energy ventures for years now, looking for opportunities. This week, a multi-million dollar deal may have signaled the start of a profit chain reaction. ... Go to...

Forex News: ECB Bini Smaghi on the wires SAYS RATES AREN'T `SO RESTRICTIVE'; SAYS INFLATION IS HURTING ECONOMIC GROWTH; SAYS BANK MUST FOCUS ON REDUCING INFLATION; SAYS 4% INFLATION IS `TOO HIGH'. Analysis: EURUSD sells off on the headline below the 1.4700 level. ... Go to Full Article

Forex Trading: EURCHF has resistance at the 1.6163 level The EURCHF has 100 and 200 hour resistance at the 1.6163 level. On the daily chart the 100 day moving average is 1.6176 and the 200 day moving average is at 1.6157. So lots of resistance centered aroung the 1.6157 to 1.6176 level in...

Forex Trading: GBPUSD has the 1.8303 as topside resistance now As per previous posts, the 1.8303 level is a key level on the longer term chart (click here to see previous post). Now that the pair has moved through the level, there should be continued pressure on the pair. Longer term traders...

Forex Trading: WOW ... USDCAD soars higher as resistance broken The USDCAD tested the 100 hour moving average at the 1.0476 level twice. The third time it flew through. USDCAD sellers on the back of Gustov threat are forced to cover. 200 hour moving average at 1.0527. I expect sellers...

Forex Trading:USDJPY approaches resistance at 109.55 USDJPY is approaching key resistance at the 109.55 level. The 100 and 200 hour moving averages are both at this level. Go to Full Article

Forex Trading: GBPUSD breaking through... Stops hit The trend has been a snap back after the stops are exhausted. Watch the 1.8303 level... Go to Full Article