Sentiment in the energy sector has turned south. This is something I discussed yesterday and today crude is down $2.45 or 3.5%. With that in mind let's take a look at (NYSE: USO), United States Oil... read more »
The unexpected acceleration of job losses sent the broader U.S. market down by more than 2%... right out of the gate. Moreover, the growth sector ETFs experienced the sharpest smackdowns. The... read more »
Real-time Monetary Inflation (per annum): 8.5% There's a little bit of tarnish on silver now. Silver spent the first five months of 2009 building strength against gold. The gold/silver ratio, which... read more »
The 200 hour MA is being tested again in the EUR/USD. The level comes in at the 1.0423 level currently. A break should lead to further price declines for the pair. read more »
A total of 467k Americans lost their jobs in the month of June, driving the unemployment rate to a fresh quarter century high of 9.5 percent. The jobless rate was better than the market expected but... read more »
I was on Bloomberg Television earlier today talking about the outlook for non-farm payrolls and how the dollar could react to it. For my full NFP and ECB Preview, make sure you read my special report... read more »
Economic data helps push the markets higher. ISM Manufacturing rose to 44.8% for June inching closer to the 50% mark which shows economic expansion. Pending home sales were up for the fourth... read more »
Some socially conscious investors are more interested in making a statement than making money. "You can do both," they say. And in principle, I agree wholeheartedly. However, I... read more »
Real-time Monetary Inflation (per annum): 8.5%Profit-taking in the New York Mercantile Exchange's August crude oil contract led to a lower close Tuesday, but the overnight session turned higher and... read more »
Somewhere, Ben Bernanke is cheering the collapse of the dollar: after all it bought the market another 1%. Of course, forget his sworn duty of protecting the US currency: who cares about... read more »
