A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Moneycontrol.comU.S. Stocks Erase Loss Amid Optimism Europe Will Contain CrisisSan Francisco ChronicleMay 23 (Bloomberg) -- US stocks erased early losses amid optimism that European leaders will do more to halt contagion from the region's debt cris...
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Kansas City StarLate rally erases steep losses on Wall StreetGrand Forks HeraldStocks are ending the day mixed after a sharp recovery in the last hour of trading. The Dow Jones industrial average closed down seven points Wednesday at 12496. In a May 17...
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The Associated PressLate rally erases steep losses on Wall StreetThe Associated PressBy MATTHEW CRAFT, AP Business Writers – 7 hours ago NEW YORK (AP) — A big final-hour comeback pulled the Dow Jones industrial average nearly back to where it start...
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Massive intra-day rebound rally in all indexes.....
The Dow's final number tells all.......
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The AgeGLOBAL MARKETS-Shares fall as doubts over EU crisis deal growReutersDoubts grow over prospect of a deal at EU Leaders summit * Equities and commodity prices in retreat * Dollar index hits highest level since September 2010 LONDON, May 23 (Reuter...
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The League of Ordinary GentlemenJP Morgan's rally lifts financial sectorMarketWatchNEW YORK (MarketWatch) — Shares of JP Morgan Chase & Co. rose almost 5% on Tuesday, leading financial stocks higher as they began to rebound from a bruising se...
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A quick reminder: if you haven't met the requirements for registration at the new forum, your account will, unfortunately (or maybe fortunately, lol) not be approved. Please read this thread carefully when registering. ...
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GLOBAL MARKETS-Shares gain on hopes of action over EU crisisReuters... May 22 (Reuters) - European shares joined a global rally in riskier assets on Tuesday and German bond prices fell as hopes grew that European leaders would agree on fresh action to ...
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Globe and MailFacebook trader: Nasdaq 'blew it'CNNMoneyBy Hibah Yousuf @CNNMoneyInvest May 21, 2012: 1:40 PM ET In alerts sent to traders Monday morning, Nasdaq said the delay was the result of "a technical error." NEW YORK (CNNMoney)...
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BloombergTREASURIES-Prices mixed on profit taking, before supplyReutersBy Karen Brettell NEW YORK, May 21 (Reuters) - US Treasuries prices were mixed on Monday as investors took profits after a recent rally that was sparked by fears over a worsening of...
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Financial NewsCorn Takes Off as China BuysWall Street JournalBy OWEN FLETCHER CHICAGO—US corn futures jumped 9.4% last week, lifted by concerns about tight current supplies and a rally in wheat prices. The sharp rise came after corn futures had falle...
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Indian Shares End Higher; State Bank Of India Gains On Strong ResultsWall Street JournalMUMBAI (Dow Jones)--Indian shares closed higher Friday, rebounding from a more than four-month intraday low, helped by a rally in bank shares after better-than-expe...
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The composite liquidity indicator downticked last week on small declines in most of its components. We know that the downtick in the Fed’s pumping to Primary Dealers is temporary, but the weakening in other indicators may not be. Over the course of this latest surge, most of the cash has been targeted at the...
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As individuals bail out of U.S. stocks at the fastest rate in three decades, professional speculators have cut bearish bets by the most since 2008. Money managers are net short 19,375 contracts on the Standard & Poor’s 500 Index, down 82 percent from a four-year high in September even after the figure jumped from...
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BloombergUS Treasurys Rally On Greece Fears; Yields Test Historic LowsWall Street JournalBy Cynthia Lin Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- The global scramble for safe-haven assets sparked by Greece's political shuffle is firing up deman...
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The very short-term charts are still a mess. Some personalities feel that an analyst should be able to have a strong opinion on the market at all times -- unfortunately, out here in the real world, that's simply not realistic...
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Proactive Investors USA & CanadaGeoEye offers to buy DigitalGlobe for $792 millionReutersBy A. Ananthalakshmi and Andrea Shalal-Esa (Reuters) - Satellite imagery company GeoEye Inc (GEOY.O) on Friday offered to buy rival DigitalGlobe Inc (DGI.N) for $7...
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New York PostBloomberg TV wins FCC dispute with Comcast over placement of channel in ...Washington PostWASHINGTON — Bloomberg TV and CNBC may be getting a little closer. An arm of the Federal Communications Commission said Wednesday that Bloomberg...
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Recently it seems that virtually everytime there's a choice between a bearish count and a bullish count, the bullish count wins. This was once again the case yesterday, as the bulls did what they needed to in order to knockout the bear coun...
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Moneycontrol.comDow closes at highest since December 2007Boston GlobeThe Dow hit its highest since Dec. 28, 2007, on news manufacturing grew the fastest in 10 months in April. Orders, hiring, and production all rose. Separately, Commerce said construct...
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The uptick in the averages was accompanied by only mixed indicator readings. The cycle projections, however, tilted a bit more bullish than yesterday’s readings. All downside projections have risen to levels already reached. As long as the market averages hold above uptrending support levels there should still be a chance for the market to...
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GayTodayBlue Chips Lead the Way As Major Indexes Close HigherNew York TimesThe Dow Jones industrial average closed at its highest level in more than four years on Tuesday after an index of the nation's manufacturing level expanded at a faster rate ...
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No one can deny that many indicators look bullish right now. The bears are rapidly running out of real estate, and the Dow in particular is within a stone's throw of making new highs.
However, the burden of proof is now on the bulls. ...
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Yesterday's count expected further upside, which is what the market provided. At this stage, there's just not much to add. This remains one of the more challenging structures I've had to decipher in some time, but if the expanded ...
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I've been trying to reconcile the counts across market, and may have found a solution tonight. Each market gives a bit different appearance, and readers know I've referred back to RUT several times, which argues that the next low (assuming ...
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SPX Update: Next Target Unchanged, but More Bearish Potential Exists
Yesterday's rally exceeded my target zone by 2 points, and has necessitated a slight shift in the wave degrees. The rally was probably a bit too large to be blue wave (4), and has thus indicated that it is most likely the higher degree&...
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