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By Anthony Lazzara |
May 24, 2013
The yen is now firmly above our key pivot level of 97.60, and we have a technical target on the upside at 100.24 to indicate we believe the short covering in the yen still has room to run.
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By Lisa Abramowicz, Bloomberg |
May 24, 2013
Wall Street banks are expanding holdings of speculative-grade bonds as prices fall from record highs with investors retreating from exchange-traded funds that buy the debt.
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By Toni Hansen |
May 24, 2013
Traders have a number of economic reports to watch for next week including GDP, pending home sales and personal spending reports.
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By Alexis Xydias and Inyoung Hwang, Bloomberg |
May 24, 2013
U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will retreat for a third day, as investors weighed this week’s Federal Reserve stimulus announcements and data showing a rise in durable goods orders.
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By Alex Kowalski, Bloomberg |
May 24, 2013
Orders for U.S. durable goods increased more than forecast in April, pointing to gains in business investment that will help manufacturing rebound in the second half of the year.
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By Dan Gramza |
May 24, 2013
The Nasdaq 100 had it's most volatile trading day in quite some time yesterday, but Dan Gramza does not see that as a bearish development.
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By Ginger Szala |
May 24, 2013
With a 40-year plus career spanning all segments of the financial industry, Bill Brodsky, Chicago Board Options Exchange executive chairman, talks about the events that shaped the modern trading landscape, his role in them, and what’s next for the industry.
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By Bramesh Bhandari |
May 24, 2013
Gaps can provide critical signals regarding price direction bias. Here’s what you need to look for.
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By Aki Ito, Bloomberg |
May 23, 2013
Federal Reserve Bank of San Francisco President John Williams, emphasizing the need for policy flexibility, said any move to reduce the pace of the central bank’s bond buying could be followed by an increase should the economy weaken again.
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By J.W. Jones |
May 23, 2013
Instead of trying to determine how or when the Federal Reserve will taper or end their monetary experiment, we wanted to juxtapose statements that were made today with the actual facts. Readers can draw their own conclusions.
