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Gross Domestic Selloff
There was a momentary euphoric rush when the revised Q2 gross domestic product figures did not come in negative (and slightly above expectations), but when players realized that a revision down from .7% to .2% still feels like a recession — and that the slight up-tick from forecasts
A New Trend: They’re Fading
While it is never advised to trade using only a single indicator, it can be instructive to recognize trends, and not just trends seen
Market Reacts To Domestic Squabble
Traders initially breathed a sign of relief that the Q2 gross domestic product (GDP) figures came in slightly better-than-expected, but they soon reckoned it would be safer to not squabble over tenths of percentages when dealing with a government statistic that is notoriously inaccu
How To Anticipate A Market Decline
Stock indexes are lower on a surprisingly weak consumerconfidence report following a three-day countertrend rally. To get inside thehead of a Wall Street veteran and see how he anticipates market direction, makesure to read this mornings ViewsFrom The Trading Desk by Kevin Haggerty titled Anticipat
Confidence Stimulates Financials
Volume surged in financial futures after the Conference Boards consumer confidence index dipped unexpectedly to its lowest level in four months. Debt futures surged while stock index futures cascaded as one of the few factors underpinning the economy and equity markets — consumer spe
Tax Cut’s Market Impact
Only one-in-six got it right
Odds The Bottom Is In
One of the surest ways to tell if an intermediate-term bottom is in place is with a follow-through day. A follow through occurs four to 10 days after a major bottom hits when a major index moves up more than 1% on rising volume. Today marks the beginning of the window in which to
When This Market Said Goodbye
The dubious report brings more selling
Gas Still Leaking On Report
Natural gas
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PowerRating) is still reeling from last weeks surprise revision by the industry group American Gas Associations weekly report that showed a huge build up in inventories of the fuel.
Cisco Stabilizes The Market
The worlds largest maker of networking gear said sales hadstabilized, inspiring hope among investors that beleagueredtechnology shares could soon find a bottom. The Nasdaq is up 65.78 at 1908.75, the S&P 500 is 19.99 higher at1182.05, and the Dow is up 187 at 10,416.Over the past year, the compan
New Hope For Tech
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