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Credit Crisis Clearing?
Dow â Dow futures are slightly higher in overnight trading on positive credit market comments from Hank Paulson and the Bank of England. The US Treasury Secretary suggested that the credit crisis was âcloser to the endâ and indicated ...
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Historical Gold to Oil Ratio and How to Monitor the Next Wave of ...
On September, 2006 I wrote the following article, Goldâs downward spiral. Gold appears to be headed down along with the price of crude oil. Historically there has been a correlation between the price of crude oil and gold....
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Alibaba Versus Baidu
Alibaba Versus Baidu. Two of Chinaâs Internet behemoths are oddly trading in opposite directions. Baidu (BIDU: 350.2801 +0.05%, vol: 4239208) has risen dramatically since its IPO. Baiduâs recent 52-week trading range was between $98.45 ...
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Extreme Gold Disparities
We now have a large number of disparities facing gold investors. Here are a few oddities Iâve noticed and I saved the biggest for last:. - We are now facing the $120 level for oil yet gold is currently at $890. ...
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Reports & Events
The editor of ProTrader Blog â Bill Henner â is also now the editor of Institutional Trend Insight, a publisher of genuine institutional research and information that is now available to individual investors. ...
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Crude, Products Pop on EIA
Todayâs EIA report showed a surprise drawdown of 3.2 million barrels in Crude Oil inventories versus expectations of a 2.5 million barrel build. Further bolstering the bullish Oil data, gasoline and distillate inventories both dropped ...
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China Sparks Raw Materials Rally
Crude Oil â Oil futures are little changed ahead of the weekly inventory report, which is expected to show a rise of 1.8 million barrels of Crude Oil, while gasoline and distillate inventories have forecasted drawdowns of 1.7 and 1.5 ...
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Standard & Poor's (Earnings, That Is)
E-mini S&P â Stock futures have given back a third of yesterdayâs gains on weak earnings data from blue chips Pfizer, Merrill Lynch and Nokia. Nokiaâs earnings fell short of street estimates for the current quarter, and the mobile phone ...
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Market Googled
S&P â Stock index futures got a lift after Google beat the Street and defied earlier reports that its paid click business was cooling. The company posted profits of $4.84 a share (excluding special items) versus analyst estimates of ...
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Crude $120?
Crude Oil â Oil prices reached a new milestone in early trading, briefly breaking through the $118 mark for a barrel. Shell Nigerian operations were disrupted due to stepped up attacks on pipelines â the Oil giant indicated that the ...
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Tough Times to Come?
S&P â Stock index futures are lower this morning on credit concerns and the $1.66 billion loss posted by bond insurer Ambac. Financial stocks have suffered the bulk of the damage thus far, but Oil and mining stocks are not far behind on ...
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Pipeline Shutdowns Spark Crude
Crude Oil â Crude Oil futures have pared over a third of yesterday's losses on two major pipeline shutdowns. BP is temporarily closing down the Forties Pipeline System â which supplies the UK with 40 percent of its Oil â due to the work ...
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Holding Pattern for Metals, Financials
Gold â June Gold is trading lower this morning on a rosier outlook for the US Dollar. Tomorrow's FOMC policy statement is expected to be hawkish in nature due to the rising costs of food and energy, which should bolster the greenback. ...
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Oil Braces for EIA, Fed Announcements
Crude Oil â The Oil market is little changed ahead of this morning's EIA inventory data, which is expected to show a rise of 1.6 million barrels for the week. Once again the Crude Oil component of the report will take a back seat to ...
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Raw Greed Hacked
Raw Greed Hacked. My blog was sadly hacked by a Turkish hacker. Please click the image above. For the past few months Iâve struggled to make time to restore the blog. The most recent backup of my blog is from November 2007, ...
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