Cocoa Grinds Down
Cocoa returned to the bottom of a trading range–an area
near record all-time lows
On A Dime
Stock index futures continued their quick turnaround off"soupy" bottoms, spike bottoms begun Wednesday. Microsoft and Sun Micro both beat earnings and theone-two whallop these two market behemoths are packing appears to signify animportant change in psychology. Prior to Thursday, market p
Market Irony
Euphoria returned to tech on the 13th anniversary of one of the worst market crashes in Wall Street history, October 19, 1987.
Foreigners Swoop Up Stocks And Dollars
Foreigners found value when the Dow opened over 435 lower on IBMs
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Embattled Euro
You think the specter of energy inflation is bad here in
the states
Looking For A Parking Spot
Traders are looking for place to put money, getting defensive instead of goingon the offensive in equities. T-bonds
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Bond Haven
Jittery about falling equity prices in the week of the market’s biggest release
Buck Bolts As ECB Steers Clear
Intervention–or the threat ofintervention–was one of the only things propping up the euro and holding downthe dollar last month. But the President of the European Central Bank, WimDuisenberg, said the ECB would not intervene in world currency markets tosupport the euro in the event of more Middle
Crude Cracks
Crude oil fell apart Monday, crumbling over 6% in a
Naz Dogs Bite Back
Stock index futures surged, led by Nasdaq 100 futures, in one of the
best showings ever for the contract
Oil Turns To Soup
One day after violence in the Middle East ignited energyprices and roiled stock index futures, reversal patterns are taking hold andprompting oil and index futures to change direction. November crude oil
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Violence Mars Markets
A fresh round of violence in Israel and a possiblesuicide terrorist attack on a US vessel in the Middle East are spiking energyprices up to contract highs. The confluence of events in the Middle East isimpacting multiple markets, including stock indexes, bonds, and gold.Energy contracts left multipl