November 17, 2010 – 11:35 am
Stocks Mostly Higher In Mid-Morning Trading Stocks are largely on the upside in mid-morning trading on Wednesday, as support for financially troubled Ireland from major European powers has prompted some relief buying in the markets. Meanwhile, a mixed batch of data out of the U.S., including a sharper than expected drop in housing starts, has [...]
September 2, 2010 – 8:01 am
U.S. stock index futures pointed to a marginally higher open Thursday, rising slightly after a report that weekly jobless claims fell by 6,000 to 472,000, The drop in payrolls announced by the Labor Department was better than the 475,000 forecast by economists polled by Reuters. Last week’s claims were revised up to 478,000 in Thursday’s [...]
Once again a game of turnabout saw Wednesday’s sharp decline erased even before markets began trading. Earnings optimism, combined with stronger-than-expected data from Europe, fueled the market by more than 1 percent at the open. Although the Nasdaq 100 and the S&P 500 finished off their highs of the session, the Russell 2000 managed to [...]
June 7, 2010 Markets are bracing for another rocky week as finance ministers around the world ready new defenses to keep the sovereign-debt crisis from spreading. Asian markets opened Monday sharply lower, and the euro continued to slide. On Monday, European finance ministers expect to sign off on a €440 billion ($527 billion) loan package [...]
Every Big Bear Grew From a Cub May 26, 2010 By Elliott Wave International The famous “10% correction” that market pundits talk about sounds so nice and tidy, so predictable and tolerable. It’s as if this “cute little correction” came neatly wrapped, looked like an M&M candy character, and smiled at you and your family [...]
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