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By Anthony Lazzara |
May 16, 2013
The gold market has had a lot of trouble staying below a key resistance area of $1,475-$1,480. A key level below the current price is $1,340.
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By Simon Kennedy and Rich Miller |
May 12, 2013
America’s aggressive strategy for tackling its financial and economic ills is working better than Europe’s go-slow approach.
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By Phil Flynn |
May 10, 2013
The President is pushing for natural gas exports. He must have run the numbers and now realizes what a positive impact it will have on his economy.
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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 Gary Kamen |
May 6, 2013
Last week the S&P 500 was all about jobs, jobs and jobs. On Wednesday ADP released their numbers for April at 119,000, below expectations and dropping the S&P 15 points.
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By Inyoung Hwang |
April 26, 2013
U.S. stocks, after rough start, end the day up slightly. J.C. Penney Co. gets surprise investor.
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By Robert McCurtain |
April 21, 2013
With negative short-term volatility and momentum, the short-term trend remains vulnerable. Here's what to watch out for.
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By Anthony Lazzara |
April 16, 2013
Natural gas has had a strong run up to almost $4.30, and has since sold off to around $4.10. It is trading under its daily pivot level of $4.17, and we believe that the market is susceptible to very short term profit-taking/liquidation.
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By Anthony Lazzara |
April 15, 2013
Gold and silver are having absolutely wild days, with silver trading down more than 10% and gold down more than 8%. We initially had a key target level at $1,410, but the market blew through that, hitting a low so far of $1,356.
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By Bloomberg News |
April 9, 2013
Fitch Ratings Ltd. cut China’s long-term local-currency debt rating, citing increasing risks to the country’s financial stability given the lack of transparency in the increased borrowing of local governments.
