- US Dollar Weakens As Retail Sales Fall Negative - Will Inflation Data Revive the Greenback? - Euro Drops Below 2007 Highs As Q2 GDP Contracts, CPI Holds...
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US Dollar Breaks Through Key Resistance As US CPI Hits 17-Year High -?? Rally Likely to Continue
Lately I've been writing about how the NASDAQ has been much stronger than the Dow and S&P and today's chart is a great example of that. You'll notice that the NASDAQ made a new high for the month today but not the S&P and Dow. If you look at the ratio line which compares the NASDAQ to the S&P, you'll see that it has broken out and appears to be very strong. Am I ...
HONG KONG (MarketWatch) -- Japanese shares rose Friday, with a weakened yen and an overnight advance on Wall Street spurring gains in exporters such as Canon Inc. and Elpida Memory Inc., while commodity-traders such as Marubeni Corp. declined on a retreat in crude-oil prices.
Industry groups swept back and forth this week, as a firmer dollar, weakening oil demand and battlefront news from Georgia kept broad sectors of...
Buffett & Berkshire Hathaway Holdings A-G (AXP, BUD, BAC, BNI, KMX, KO, CMCSA, CDCO, COST, GCI, GE, GSK)
So far there are some changes seen in the holdings of Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). We have consolidated these into groups and this group is from A to G, and this is for the quarter ended on June 30, 2008: American Express Co. (NYSE: AXP) over 151.6 million shares. Anheuser Busch Cos. Inc. (NYSE: BUD) taken to under 15 million shares from over 35 million shares on la...
The rapid weakening of economic growth outside the United States has been helping the U.S. dollar. Now, with the rest of the world economy slowing down...
Agency Puts Reclassification Rumor to RestFarm Futures,IL- 4 hours ago… but trade rumors circulated in recent weeks that much of the selling was stimulated by actions taken by the Commodity Futures Trading Commission. … Written by "futures trading" - Google News and Powered by WordPress
Taken from Credit Suisse, we see just how long and winding the path of destruction really is. Adjustable Rate Mortgage Resets will be an ongoing source of pain for many Americans. Americans who signed up for ARM mortgages did so because of the low teaser interest rates they were receiving. And, eventually, these teaser rates revert back to much higher rates. Many Americans will not be able to a...
Inflation rose at a faster rate, but weakened global growth has the market hoping that it will soon go down.
In the two weeks that I have been away, there have been dramatic moves in the currency market. Not only did the US dollar carve out a bottom, but the greenback’s recovery has been impressive. In less 1 month, the EUR/USD has plunged 1000 pips, which is a drop of more than 6 percent. The psychologically level of 1.50 was easily broken and now, the currency pair is eyeing 1.45. The Euro con...
