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Weekly Trading Update - June 9-13
After last week's return to form, it was another highly profitable week this week. I only took two positions but they both went completely to plan. (...)
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Friday’s Wrap-Up Of The Forex Market
EURO. The euro weakened sharply vis-*-vis the US dollar today as the single currency tested bids around the US$ 1.5300 figure and was capped around the $1.5480 level. The common currency reached its lowest level since 8 May as traders ...
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Ethanol Stocks Take Another Hit From Flooding
The ethanol industry just keeps getting hammered by bad news. The news yesterday that Citigroup was downgrading the stocks is just another example (Citigroup Pans Ethanol… On Flooding (VSE, BIOF, ADM). Yesterday I wrote about news I ...
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Forex Technical Analysis for 06/16—06/20 Week
Floor Pivot Points. Pair, 3rd Sup, 2nd Sup, 1st Sup, Pivot, 1st Res, 2nd Res, 3rd Res. EUR/USD, 1.4632, 1.4967, 1.5173, 1.5508, 1.5714, 1.6049, 1.6255. GBP/USD, 1.8931, 1.9169, 1.9323, 1.9561, 1.9715, 1.9953, 2.0107 ...
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European Union Failing??
Euro Poised at Support - Will It Hold? 2008-June-12-Euro-Daily-Approaching Support. Click to Enlarge Chart. No "Plan C" for the EU. So it all comes down to Ireland today as there is no "Plan C" to the Lisbon Treaty. ...
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Special Report VIDEO: Eurozone Inflation... Its in the numbers
Special Report VIDEO: Eurozone Inflation... Its in the numbers http://forex.fxdd.com/
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Stock Picks And Trade Ideas For Friday
Chart courtesy of stockcharts ( click to enlarge ). Shares of Evergreen Solar (eslr) rose Thursday by nearly 4% as analyst Mark Bachman from Pacific Crest began covering the stock with a “Buy”- equivalent rating on the shares and a $17 ...
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Lower Oil Prices, More Jobs, More Tax Revenues and Union Support ...
In all of the recent discussion about opening up America’s vast energy resources, what has received the most attention is the potential effect on oil and gas prices. But there are two other important issues that have not...
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Did Stimulus Checks Play A Big Part In May’s Retail Sales?
Today’s big economic story is how retail sales “surged” in May, since I’m rather loathe to repeat myself I’m not going to dig into the usual around inflation, the use of nominal figures, how beating bad numbers is not a...
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Gold Remains Fringe And The Preserve Of Smart Money
Gold closed at $881.00 in New York and was up $13.20; silver closed at $16.84, up 27 cents. Gold has subsequently given up some of yesterday’s gains and has fallen in Asia overnight and in early European trading this morning. ...
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Dollar Gains On Firm US Retail Sales
EURO. The euro weakened sharply vis-*-vis the US dollar today as the single currency tested bids around the US$ 1.5380 level and was capped around the $1.5565 level. The common currency gave back all of yesterday’s gains as traders ...
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Kathy Lien on Fox Business Part 2
I will be a featured guest on Fox Business all next week with Alexis Glick. Tune in at 9am-10am ET As a result, there will be no “In the Financial Papers”
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US Consumer Prices, EU Referendum and G8 Meeting Weighs on Euro
Since the beginning of this week, the Euro has fallen more than 500 pips against the US dollar, its biggest weekly gain in 3 years. The prospect of a rate hike by the Federal Reserve in August and/or September as well as key...
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In the Financial Papers: Today’s Top Forex News 06.13.08
Here is the “In the Financial Papers Radio Broadcast” (Length: 4:48minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: Consumer Confidence Hits...
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European Union Gets a NO Vote -- G-8 to Raise Rates?
Does No Mean No Problem? Ok, so Ireland voted "No" to the Lisbon Treaty - So for now the EU Constitution is in question and will need to re-drafted. At first glance this would seem to be destabilizing for the Euro. ...
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