Bernanke Recession Warning, Lawmakers Balk, Stocks Slip
Stern recession warnings from Federal Reserve Chairman Ben Bernanke leading to a selloff across the board.
Oil Record Spike, Dollar Collapses, Stocks Nosedive
Initial repercussions to the bad debt bail out plan are starting to ripple through the world’s economy. American International Group jumped almost 26% after resisting a Federal Reserve takeover attempt.
Consumer Credit, Boosting the Dollar?
Data from the Consumer Credit will be release on Monday. Analysts are expecting another increase to $8.5 billion dollars.
Magnetic Monkey Numbers, Gustav, and The Dollar
The sharp drop in oil prices combined with the much feared Gustav weakened to a tropical depression and economic malaise extending into the Eurozone have added fuel to the strong dollar.
Forex Trading With The COT Report
Who’s buying and who’s selling is too important an information to leave to chance. The COT Report, published every Tuesday, paints a picture of what is happening behind the market and is vital to every player in currency trading.
Greenspan’s Favorite Inflation Gauge Release on Friday
Former Fed Chief Alan Greenspan’s favorite inflation gauge will be released on Friday, August 29, at 7:30 a.m. EST. Watched closely by Forex traders, The PCE Deflator can have dramatic impact on the EUR/USD.
Jackson Hole, Central Bankers and the USD
Positive words on inflation were said by Fed Chief Bernanke on Friday. His message that inflation was on track to moderate in the coming months was clearly liked by the Dollar which rose against other major currencies.
Michael Phelps, the Beijing 2008 Olympics, and Visa
It appears that the Olympics had a slight positive effect on Visa. The company’s foresight in backing swimmer Michael Phelps has earned an increase in their share price. Here are several option strategies on Visa to take advantage of this sponsorship potential.
War Profiteering
The defense industry may be a less obvious selection to a diverse portfolio, as compared to gold. But regardless of your opinion on U.S. policy, as a trader or investor, the Power Shares Aerospace and Defense Index is worth a closer look.
Dissecting the Dow for E-Mini Traders
Many traders fall short on a complete technical analysis while trading the index futures. To better understand how and why the Dow E-mini moves, here is an analysis of the top 5 weighted components of the DJIA.
Oil to 80? Strategies for Profit
As supplies decline, crude futures are currently at a high, after three down days in a row. Here are some option strategies for playing the oil futures.
Trading the Top E-mini
Since its inception, the average daily volume of the E-mini S&P 500 has grown to over 1 million contracts. This coupled with its constant liquidity makes it an ideal vehicle for day trading.