Archive for April, 2010

  • Despite a downgrade of Spain at the end of the European trading session from AA+ to AA, the US markets pushed forward based on better than expected earnings.  The S&P...

    Daily Market Review 04/28/10

    Despite a downgrade of Spain at the end of the European trading session from AA+ to AA, the US markets pushed forward based on better than expected earnings.  The S&P...

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  • On the heels of downgrades by S&P, the S&P 500 Index fell 28 points as investors fled riskier assets and headed for the safety of Treasuries.  Crude oil, and the...

    Daily Market Review 04/27/10

    On the heels of downgrades by S&P, the S&P 500 Index fell 28 points as investors fled riskier assets and headed for the safety of Treasuries.  Crude oil, and the...

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  • The US performed well despite anxiety that plagued the Greek markets today.  Caterpillar released better than expected earnings, which held up the markets for most of the day.  The financial...

    Daily Market Review 04/26/10

    The US performed well despite anxiety that plagued the Greek markets today.  Caterpillar released better than expected earnings, which held up the markets for most of the day.  The financial...

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  • The equity markets rallied after the Commerce Department reported that U.S. new home sales surged in March, posting their largest year-over-year increase in nearly five years.  Sales of single-family homes...

    Daily Market Review 04/23/10

    The equity markets rallied after the Commerce Department reported that U.S. new home sales surged in March, posting their largest year-over-year increase in nearly five years.  Sales of single-family homes...

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  • After feeling the pressure related to Greek insolvency, the equity markets bounced back after the S&P 500 Index was down as much at 10 points.  The markets bounced after President...

    Daily Market Review 04/22/10

    After feeling the pressure related to Greek insolvency, the equity markets bounced back after the S&P 500 Index was down as much at 10 points.  The markets bounced after President...

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  • Sunday  April 25th 2010 – IMF, G7, G20, World Bank Meet in Washington DC The two main issues for the markets are the European plan on how to deal with...

    Weekly Trading Opportunities 04/22/10

    Sunday  April 25th 2010 – IMF, G7, G20, World Bank Meet in Washington DC The two main issues for the markets are the European plan on how to deal with...

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  • The equity markets consolidated today even though earnings continued to impress.  Apple Inc, reported earnings after the bell yesterday, and beat expectation by a wide margin.  The major US exchanges...

    Daily Market Review 04/21/10

    The equity markets consolidated today even though earnings continued to impress.  Apple Inc, reported earnings after the bell yesterday, and beat expectation by a wide margin.  The major US exchanges...

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  • The equity markets continued to grind higher after Goldman Sachs produced better than expected earnings.  The release, before the bell this morning in the US, beat expectations by nearly 80%. ...

    Daily Market Review 04/20/10

    The equity markets continued to grind higher after Goldman Sachs produced better than expected earnings.  The release, before the bell this morning in the US, beat expectations by nearly 80%. ...

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  • The US equity markets showed their resiliency today, snapping back after feeling  the pressure of the SEC fraud charge against Goldman Sachs for most of the trading session.    In the...

    Daily Market Review 04/19/10

    The US equity markets showed their resiliency today, snapping back after feeling  the pressure of the SEC fraud charge against Goldman Sachs for most of the trading session.    In the...

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  • The markets were rocked today after the Securities Exchange Commission charged Goldman Sachs (NYSE:GS) with Fraud related to subprime mortgage CDO’s.  The S&P fell 18 points on the trading day...

    Daily Market Review 04/16/10

    The markets were rocked today after the Securities Exchange Commission charged Goldman Sachs (NYSE:GS) with Fraud related to subprime mortgage CDO’s.  The S&P fell 18 points on the trading day...

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  • The equity markets in the US continued to grind higher despite anxiety over Greece and pressure on the Euro.  The S&P 500 Index notched a new 52-week high closing up...

    Daily Market Review 04/15/10

    The equity markets in the US continued to grind higher despite anxiety over Greece and pressure on the Euro.  The S&P 500 Index notched a new 52-week high closing up...

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  • Monday April 19th, 2010 – Japan Consumer Confidence – (5 GMT) Consumer confidence is a measure of popular sentiment concerning the Japanese economy. The figure is derived from a survey...

    Weekly Trading Opportunities 04/15/10

    Monday April 19th, 2010 – Japan Consumer Confidence – (5 GMT) Consumer confidence is a measure of popular sentiment concerning the Japanese economy. The figure is derived from a survey...

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  • Riskier asset soared today on strong earnings results and robust economic news released last night and this morning in the US.  The S&P 500 sliced through the 1,200 mark for...

    Daily Market Review 04/14/10

    Riskier asset soared today on strong earnings results and robust economic news released last night and this morning in the US.  The S&P 500 sliced through the 1,200 mark for...

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  • As the markets around the world consolidated across the board, market participants absorbed a plethora of economic and fiscal news.  The S&P 500 Index close up slightly at 1197, closing...

    Daily Market Review 04/13/10

    As the markets around the world consolidated across the board, market participants absorbed a plethora of economic and fiscal news.  The S&P 500 Index close up slightly at 1197, closing...

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  • The markets consolidated today, as there were numerous pieces of information that pushed and pulled the equity and currency markets.  As investors waited for Alcoa to announce first quarter earnings,...

    Daily Market Review 04/12/10

    The markets consolidated today, as there were numerous pieces of information that pushed and pulled the equity and currency markets.  As investors waited for Alcoa to announce first quarter earnings,...

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  • Despite downward pressure that hit the European markets, riskier assets were able to rebound during the last trading session of the week.  The S&P 500 close up 8 points to...

    Daily Market Review 04/09/10

    Despite downward pressure that hit the European markets, riskier assets were able to rebound during the last trading session of the week.  The S&P 500 close up 8 points to...

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  • After starting the day on the defensive, due to heighten tensions related to the Greek debt issues, the US equity market (S&P 500 Index)snapped back to close up 4 points...

    Daily Market Review 04/08/10

    After starting the day on the defensive, due to heighten tensions related to the Greek debt issues, the US equity market (S&P 500 Index)snapped back to close up 4 points...

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  • Monday – April 12th 2010 – Canadian Housing Starts (1300 GMT) Housing starts reflects the rate of growth in housing construction. Housing Starts act as an indicator measuring the strength...

    Weekly Trading Opportunities 04/08/10

    Monday – April 12th 2010 – Canadian Housing Starts (1300 GMT) Housing starts reflects the rate of growth in housing construction. Housing Starts act as an indicator measuring the strength...

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  • Fear about a Greek default re-gripped the markets today, as traders kept the equity, currency and commodity markets on the defensive.  Gold, Treasuries and the dollar where the financial instruments...

    Daily Market Review 04/07/10

    Fear about a Greek default re-gripped the markets today, as traders kept the equity, currency and commodity markets on the defensive.  Gold, Treasuries and the dollar where the financial instruments...

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  • The equity markets continued to consolidate as volume was light and prices lacked direction.  The S&P 500 Index closed up 2 points to 1189.  The Euro moved to the defensive...

    Daily Market Review 04/06/10

    The equity markets continued to consolidate as volume was light and prices lacked direction.  The S&P 500 Index closed up 2 points to 1189.  The Euro moved to the defensive...

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  • With many European markets closed today for Easter Monday, the US equity markets took the center stage on the first day back after the US Employment report.  The S&P 500...

    Daily Market Review 04/05/10

    With many European markets closed today for Easter Monday, the US equity markets took the center stage on the first day back after the US Employment report.  The S&P 500...

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  • Most equity markets were closed today to celebrate the Good Friday holiday.  The major headline of the day was the US Employment Report that was released at 1230 GMT on...

    Daily Market Review 04/02/10

    Most equity markets were closed today to celebrate the Good Friday holiday.  The major headline of the day was the US Employment Report that was released at 1230 GMT on...

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  • Monday April 5th, 2010 – US Pending Home Sales (1400 GMT) Pending Home Sales tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is an...

    Weekly Trading Opportunities 04/01/10

    Monday April 5th, 2010 – US Pending Home Sales (1400 GMT) Pending Home Sales tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is an...

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  • The turtle paced movement in the US equity markets continued today as the S&P 500 moved higher by 8.67 points to 1178 on a day of strong global economic activity...

    Daily Market Review 04/01/10

    The turtle paced movement in the US equity markets continued today as the S&P 500 moved higher by 8.67 points to 1178 on a day of strong global economic activity...

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  • Private sector jobs, reported by ADP (Automatic Data Processing Inc) today, put a damper on the US equity markets and ended the recent run in the US markets.  The S&P...

    Daily Market Review 03/31/10

    Private sector jobs, reported by ADP (Automatic Data Processing Inc) today, put a damper on the US equity markets and ended the recent run in the US markets.  The S&P...

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