Weekly Market Comentary: Rally Continues
Although Friday’s selling took much of the shine off the week’s action it was still…
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Tag Archives: Rally
Outsourcing: Why the Average American Seems to be Doing Okay
We’ve been staying at the Taj Mahal Hotel for almost two weeks. What a great hotel. Calm. Civilized. Air conditioned! Every day, we come back from a hard day at work and settle into a comfortable wicker chair by the pool.
We no longer have to tell the young lady what we want. She knows. Even [...]
Stock Pick of the Day – Teva Pharmaceutical Ind.
Teva Pharmaceutical Industries (TEVA), which had breached above its 200 day MA in the closing hour of trading on Wednesday, built up on those gains after a gap-up opening on Thursday morning.
Teva Pharmaceutical Industries (TEVA) is the top producer in the world of the generic pharmaceuticals. Teva Pharmacautical Industries (TEVA) is all set to rally [...]
Stock Market Commentary: Stubborn Bulls
Bulls just don’t want to let go of this rally, but letting go is perhaps the best…
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More Upside for the Euro
The Euro has been clobbered as of late but its now due for a kickback rally back up to these levels…
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Weekly Market Commentary: Rally On Course to Test 2008 Reaction Highs (Tech) or Lows (S&P)
The first attempt at a top in January ceased to be with this week’s close at new…
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Stock Market Commentary: Bulls Pushing Their Luck
Bulls kept bears out of the game for yet another day as the rally powered higher…
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Cramer on Tech: Time to Take Profits?
How similar are the Internet bubble of 2000 and the sector’s recent rally? Check out the Mad Money host’s full report.
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A Bank Rally? Yes – But Here’s Why
Cramer offers 10 reasons for the sector’s latest surge higher.
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Private Sector De-leveraging: A Rally in a Bull Costume
Yesterday marked the one-year anniversary of the rally. The Dow rose a piddly 11 points. Gold sold off $1.
This rally has gone on for so long most people think it is not a rally at all, but a new bull market. Worldwide, it has taken equities up some 73%…making it one of the greatest rallies [...]
How to Trade the Coming Bank Rally
Get Cramer’s play on what looks like the sector’s impending breakout.
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US Credit Rating: Who Will be the First to Downgrade?
During World War II, there was a saying, that, “loose lips, sink ships”… I think Greek Prime Minister, George Papandreou, should have taken those words to heart yesterday… You see, the currencies, led by the beleaguered euro (EUR), were rallying, and the single unit was nearing 1.37, when Papandreou made a statement that sunk the [...]
My Favorite Forex Trade: AUD/NZD
My favorite forex trade right now is shorting AUD/NZD. After hitting a 9 year high of 1.3124 last week, the rally in AUD/NZD is losing steam…
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CBSMarketwatch: Riding the Rally – How to Make Money in the Bull Market’s 2nd Year
Scanning news stories this weekend, I am struck how cheery everything is…
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market Commentary – March 6
The US markets closed with strong gains following an encouraging non farm payroll jobless claims data, which dipped to 9.7% in the week. The Dow Industrial Average pushed up on Friday by almost 122 points to 10566 points, to gain by 1.17% and the Nasdaq Composite also responded with comparable 1.48% rally in the session [...]
USD/JPY: What is Behind the Sharp Rally
USD/JPY is on a tear this morning following the better than expected jobless claims report…
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GDP and Dollar Growth: It’s All Happening in Australia
I have to say front and center this morning, that while it may have taken the currency traders half a day to realize that Australia had raised rates, they finally began pushing the Aussie dollar (AUD) higher versus the green/peachback. I was beginning to think that I would have egg all over my face again, [...]
The SPX Rally Channel & the 41 day Pivot Cycle
I was shocked to find a beautiful channel on the SPX daily chart last night that encompasses the entire rally since March 2009,…
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Market Commentary – March 3
After another session in which the rally in technology stocks outpaced the gains in the remaining Dow constituents for a major part of the day, the entire rally petered out in the closing hours.
While the Dow Industrial Average ended on an almost flat note around 10400 points, the NASDAQ composite rose 7 points, or 0.3% [...]
Getting On With the Depression to Make Way for Growth
“I can’t stand it anymore. I have to say something. You act like you actually want a depression. What’s wrong with you?”
The above letter came from a dear reader who has missed the point. We are as generous and warm…as caring and sharing…as anyone outside a mental institution. We only want the best for our [...]