In the battle between the bulls and the bears, the one trend that remains constant is the trend of falling U.S. crude oil supply. Once again, the crude oil supply drop far exceeded market expectations, and according to data from the American Petroleum Institute, it fell by 9.2 million barrels last week.
With the movie "Trading Places" celebrating 30 years this year and the upcoming launch of our own video and movie player, Alpha TV, we looked back at our list of Top Trading Movies. We took a crack at this last year, but here are our revised and expanded choices.
The world of technical analysis is complex, but with a working knowledge can be applied to virtually any market. Here we introduce you to 10 important rules of technical trading first described by technical trading legend John J. Murphy.
Thursday saw U.S. stocks suffer one of their worst sessions so far this year. The benchmark S&P 500 index closed 1.5% lower to represent its biggest one-day drop since May. The sell-off continued in Asia overnight and there was some follow-through in Europe this morning. U.S. index futures have drifted further lower on follow-up technical selling momentum as more bullish speculators have been forced to liquidate their positions.