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By Phil Flynn |
May 8, 2013
Pull out the party hats! Dow closed above 15000 for the first time in history! Although the Dow is rocking, and that has been a factor in the increase in oil from the lows, Dow records are just not what they used to be.
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By Robert McCurtain |
May 8, 2013
Minor gains push major stock indexes to new highs. Traders should watch for these signs of new strength or emerging weakness.
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By Anthony Lazzara |
May 7, 2013
First, the Aussie Central Bank cut interest rates, which has sparked Aussie dollar selling. Second, rumors of legendary trader George Soros taking a big short position in this currency also probably stoked some added selling as well.
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By Phil Flynn |
May 7, 2013
Oil prices swung back and forth like a juiced up yo-yo as it tried to balance rising geo-political risk as well as economic risks.
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By Robert McCurtain |
May 5, 2013
Some are calling for a new secular bull market, one that will persist for years to come. Maybe it really is different this time.
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By Robert McCurtain |
May 2, 2013
Buying in major indexes Thursday propelled the S&P 500 to a new all-time closing high.
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By Robert McCurtain |
May 2, 2013
The low volume behind recent gains has finally caught up with the stock market, and it's starting to slip.
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By Phil Flynn |
May 1, 2013
Oil is backtracking and the outside markets seem to suggest that the Federal Reserve will have to do the same. Oil prices are trying to balance weak manufacturing data out of China versus today's Fed decision.
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By Robert McCurtain |
May 1, 2013
Volume is low and the Dow fails to confirm new highs in other major stock indexes, casting doubt on recent rally.
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By Robert McCurtain |
April 30, 2013
All stock market cycles are now positive, including minor, intermediate and major.
