Why does this darn stock keep going down? Part II On Friday I started this post concerning a pair of stocks that have me baffled by their eroding stock prices. Part 1 was some information on what I see going on with City Bank (CTBK: 14.13 -0.35 -2.42%) and today I will complete the duo ... ...

Panic In The Markets Drive Up The Japanese Yen Sharply The risk aversion theme is back in the financial markets. Both the US dollar and the Euro are down against the Japanese yen as carry traders buy back yen to close their carry positions. What’s causing the run-to-safety switch in ... ...

Worries About a Recession Turn Into Fears of Inflation By William Patalon III. As the post-Memorial Day hangover lingers, and $4 per gallon gasoline becomes a national reality, expect more and more daily energy prognostications. Goldman Sachs Group Inc. (GS: 176.65 +0.24 +0.14%) already is ......

Forex: Tokyo News We have AUD Building Approvals m/m coming out at 9:30p.m. expected to come in at -0.9% from -5.7%. We should see some profit taking through out the night and some range trading. Eur/Usd rallied back up to a high of 1.5585 and pulled ... Go to Full Article

Forex Trading: USDJPY approaching 50% retracement support The USDJPY is approaching the 50% retracement level of the recent move higher. That level comes in at 104.31. The pair has been back and forth over the recent history with a false breakout on the bottom and top ranges. ... Go to...

Forex Trading: GBPUSD finds support on the dollar weakness The GBPUSD found support after the 10:00 AM numbers at the 50% retracement level again - falling to 1.9599 but bouncing quickly. The pair has 38.2% retracement resistance now at 1.9662, but it seems like the pair will not have a...

Forex News: ECB Juncker on wires Expresses concerns about the current high inflation. ECB credibility has helped anchor inflation expectations. Go to Full Article

Forex News: Data on PMI and Construction Spending better than expected PMI rises to 49.6 versus 48.5 expected. ISM prices 87 versus 85 expected. read more. Go to Full Article

Forex Trading: GBPUSD tests 50% retracement level The GBPUSD tested the 50% retracement level of the last move higher this morning and bounced (from the low on May 14th to the high on May 23rd). The level comes in at 1.9608. The pair has been able to trade to 1.9595, ... Go to Full Article

Forex News Preview: US Construction Spending due out at 10:00 AM EDT read more. Go to Full Article

Bobby's Corner Market Open 6.2.2008 Monday June 2, 2008. Good Morning:. read more. Go to Full Article

Forex Trading: EUR/JPY continues to get sold off as GBP/JPY ... EUR/JPY continues to get sold off as GBP/JPY resumes its offered tone. Next technical support level is 162.65. With JPY as bid as it has been all night, that doesn't seem too out of the realm of possibility. Go to Full Article

US Economy is Improving EUR/USD fell by more than 60 pips today as the fundamental reports from US signaled that the economy is improving there. Construction spending was expected to fall by 0.6% in April; instead it was down only 0.4% after 1.1% drop in March ... Go to Full Article

Profitunity Study Manual by Bill Williams and Justine Gregory Williams A new Forex related ebook is now available for download — Profitunity Study Manual. If you are still unfamiliar with Bill Williams’ theory of the chaos trading, this ebook will help you to understand the most...

Cowabunga System Daily Update: Monday, 06/02/08 After the great ending of last week, I was able to keep up the momentum at the start of today's week by capturing a nice +53 pips! See how it all went down in today's Cowabunga Surf Report. Go to Full Article