The state of CA has a GSP (same as GDP) larger than Greece, Spain, and Portugal combined, and it is essentially bankrupt, so the probability is that they all will get bailed out sooner or later. Find out what else is likely to affect the market over the next week.
Roman Larionov covers the topic of how to add to your existing position with this scaling-in trading strategy. Learn it now and maximize your profits.
With the Fed keeping rates steady and Obama giving his State of the Union address in conjunction with Bernanke’s reconfirmation as Federal Reserve Chairman, there is plenty of market news for Kevin Haggerty to cover this week- and the politicians would probably rather he didn’t.
What awaits traders after President Obama’s state of the union speech? Kevin Haggerty expects it to be little more than a game of “3 card Monty.” See how he thinks the market will react following the speech.
Major companies are reporting earnings Tuesday, causing a furor of anticipation around stocks like Yahoo, Caterpillar, and Johnson and Johnson.
Stocks ended their three day downward spiral on positive Bernanke affirmation news and earnings anticipation. Even more painful news on housing wasn’t enough to deter the market from making positive gains at the end of Monday’s trading.
Immediately following the Massachusetts election upset, Obama sent the market into turmoil with the announcement of his “bank attack” regulation proposal. See Kevin Haggerty’s comments on these latest market movers.
How should traders act and react to this season’s earnings announcements? Read Kevin Haggerty’s bi-weekly stock market commentary and learn how to trade like one of the great minds of our day.
Here’s a look at a simple strategy, used by Roman Larionov, to help you maximize your profits and minimize your losses by entering trades at the right price.
While trader sentiment is currently in bullish territory, Kevin Haggerty believes there is due reason to expect a pullback. Find out why that is and more here.