Archive for July, 2010

  • The equity markets consolidated as investors digested a plethora of US and European economic data.  The GDP, the headline news of the day, was slightly worse than expected, while the...

    Daily Market Review 07/30/10

    The equity markets consolidated as investors digested a plethora of US and European economic data.  The GDP, the headline news of the day, was slightly worse than expected, while the...

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  • The equity markets fell as investors became connizant of a potential deflationary and low growth environment in the US.  Fed Governer Fisher’s comments that the US needs to bolster their...

    Daily Market Review 07/29/10

    The equity markets fell as investors became connizant of a potential deflationary and low growth environment in the US.  Fed Governer Fisher’s comments that the US needs to bolster their...

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  • Equity markets declined on a combination of worse than expected economic news released in the US. The Beige Book Report, released by the Federal Reserve, showed that the US economy...

    Daily Market Review – 07/28/10

    Equity markets declined on a combination of worse than expected economic news released in the US. The Beige Book Report, released by the Federal Reserve, showed that the US economy...

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  • The equity markets consolidated as investors continued to favor stocks over commodities and the dollar.  Investors shed commodities as gold and oil prices were hit hard in today’s trading session.  ...

    Daily Market Review 07/27/10

    The equity markets consolidated as investors continued to favor stocks over commodities and the dollar.  Investors shed commodities as gold and oil prices were hit hard in today’s trading session.  ...

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  • Equity markets were boosted by a combination of strong US New Home Sales and solid Asian economic news.  Investors were hopeful that the US economy has turned the corner and...

    Daily Market Review 07/26/10

    Equity markets were boosted by a combination of strong US New Home Sales and solid Asian economic news.  Investors were hopeful that the US economy has turned the corner and...

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  • The Equity markets showed continued strength as positive earnings and solid European economic data continued to drive the US markets.  The S&P 500 Index moved up 9 points to reclaim...

    Daily Market Review 07/23/10

    The Equity markets showed continued strength as positive earnings and solid European economic data continued to drive the US markets.  The S&P 500 Index moved up 9 points to reclaim...

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  • Monday July 26th – US New Home Sales (1400 GMT) New Home Sale records sales of newly constructed residences in the United States. The figure is a timely gauge of...

    Weekly Trading Opportunities 07/22/10

    Monday July 26th – US New Home Sales (1400 GMT) New Home Sale records sales of newly constructed residences in the United States. The figure is a timely gauge of...

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  • Strong European data, along with better than expected earnings and outlook by Caterpillar, pushed the US equity markets higher on high volume and active trading.  The S&P 500 Index surged...

    Daily Market Review 07/22/10

    Strong European data, along with better than expected earnings and outlook by Caterpillar, pushed the US equity markets higher on high volume and active trading.  The S&P 500 Index surged...

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  • Equity markets started on a positive note, after fabulous earnings released after the bell yesterday by Apple Corp.  The positive vibe was wiped away while Ben Bernanke was testifying infront...

    Daily Market Review 07/21/10

    Equity markets started on a positive note, after fabulous earnings released after the bell yesterday by Apple Corp.  The positive vibe was wiped away while Ben Bernanke was testifying infront...

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  • Despite poor revenues on earnings and a less than desirable housing starts number, the equity markets in the US rallied after moving down for most of the morning.  The S&P...

    Daily Market Review 07/20/10

    Despite poor revenues on earnings and a less than desirable housing starts number, the equity markets in the US rallied after moving down for most of the morning.  The S&P...

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  • The equity markets climbed slightly as investors recovered from Friday’s drubbing.  Volume was extremely light and the S&P 500 index oscillated between minus two and plus 8.  For the trading...

    Daily Market Review 07/19/10

    The equity markets climbed slightly as investors recovered from Friday’s drubbing.  Volume was extremely light and the S&P 500 index oscillated between minus two and plus 8.  For the trading...

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  • Monday July 19th 2010 – US NAHB Housing Index (1400 GMT) The Index is a timely gauge of home sales and expectations for future home building. Based on a small...

    Weekly Trading Opportunities 07/15/10

    Monday July 19th 2010 – US NAHB Housing Index (1400 GMT) The Index is a timely gauge of home sales and expectations for future home building. Based on a small...

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  • Equity markets were hammered as a combination of weaker than expected earnings and a disappointing consumer sentiment index, hurt investor sentiment.  Bank of America’s 8% drop led financials lower, erasing...

    Daily Market Review 07/16/10

    Equity markets were hammered as a combination of weaker than expected earnings and a disappointing consumer sentiment index, hurt investor sentiment.  Bank of America’s 8% drop led financials lower, erasing...

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  • The Equity markets did a quick u-turn after announcements from both BP and the SEC encouraged the markets.  BP announced that they might have stemmed the leak in the gulf,...

    Daily Market Review 07/15/10

    The Equity markets did a quick u-turn after announcements from both BP and the SEC encouraged the markets.  BP announced that they might have stemmed the leak in the gulf,...

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  • Despite excellent earnings after the bell on Tuesday evening by Intel, the equity markets had a difficult time shrugging off worse than expected economic data.  The S&P 500 index was...

    Daily Market Review 07/14/10

    Despite excellent earnings after the bell on Tuesday evening by Intel, the equity markets had a difficult time shrugging off worse than expected economic data.  The S&P 500 index was...

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  • The equity markets rallied as investors looked at Alcoa’s earnings and CSX comments as very strong for the markets.  The S&P 500 rallied 19 points to close above the 50-day...

    Daily Market Review 07/13/10

    The equity markets rallied as investors looked at Alcoa’s earnings and CSX comments as very strong for the markets.  The S&P 500 rallied 19 points to close above the 50-day...

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  • The equity markets consolidated, as there was very little impetus for them to move forward ahead of earnings releases after the closing bell.  The S&P 500 Index edged higher by...

    Daily Market Review 07/12/10

    The equity markets consolidated, as there was very little impetus for them to move forward ahead of earnings releases after the closing bell.  The S&P 500 Index edged higher by...

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  • Monday July 12th 2010 – UK Current Account (2030 GMT) The Current Account summarizes the flow of all goods, services, income, and transfer payments to and from the UK ....

    Weekly Trading Opportunities 07/08/10

    Monday July 12th 2010 – UK Current Account (2030 GMT) The Current Account summarizes the flow of all goods, services, income, and transfer payments to and from the UK ....

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  • Risk appetites return to the capital markets as investors believed that the global growth story was not as bad as previously perceived.  The S&P 500 Index rallied significantly as many...

    Daily Market Review 07/09/10

    Risk appetites return to the capital markets as investors believed that the global growth story was not as bad as previously perceived.  The S&P 500 Index rallied significantly as many...

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  • The equity markets continued to push higher as a better than expected US jobless claims, added fuel to yesterday’s fire.  Initial claims for jobless benefits fell a seasonally adjusted 21,000...

    Daily Market Review 07/08/10

    The equity markets continued to push higher as a better than expected US jobless claims, added fuel to yesterday’s fire.  Initial claims for jobless benefits fell a seasonally adjusted 21,000...

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  • The equity markets, commodity prices and gold prices rallied as investors moved into stocks on robust retail sales news.  Retailers advanced as the International Council of Shopping Centers said sales...

    Daily Market Review 07/07/10

    The equity markets, commodity prices and gold prices rallied as investors moved into stocks on robust retail sales news.  Retailers advanced as the International Council of Shopping Centers said sales...

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  • US equity markets moved higher earlier in the session, but 170 point Dow advance was erased as the trading session wore on.  The S&P 500 Index settled up 5 points...

    Daily Market Review 07/06/10

    US equity markets moved higher earlier in the session, but 170 point Dow advance was erased as the trading session wore on.  The S&P 500 Index settled up 5 points...

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  • Equity markets saw light volume as the US market was closed for the Independence day holiday. The Bank of England and the European Central Bank are both holding their regular...

    Daily Market Review 07/05/10

    Equity markets saw light volume as the US market was closed for the Independence day holiday. The Bank of England and the European Central Bank are both holding their regular...

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  • Monday July 5th 2010 – EMU Retail Sales (900 GMT) Retail Sales is the total value of goods and services sold each month at retail outlets. The report acts as...

    Weekly Trading Opportunities 07/01/10

    Monday July 5th 2010 – EMU Retail Sales (900 GMT) Retail Sales is the total value of goods and services sold each month at retail outlets. The report acts as...

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  • The equity markets consolidated after moving down as much as 13 points on the S&P 500 mid day.  Disappointing payroll data lead the initial selloff.  For the trading session, the...

    Daily Market Review 07/02/10

    The equity markets consolidated after moving down as much as 13 points on the S&P 500 mid day.  Disappointing payroll data lead the initial selloff.  For the trading session, the...

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  • The oversold conditions in the equity markets created a late day rally, which created a settlement on the S&P 500 at 1027 down 3 points on the day, after being...

    Daily Market Review 07/01/10

    The oversold conditions in the equity markets created a late day rally, which created a settlement on the S&P 500 at 1027 down 3 points on the day, after being...

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  • Toward the end of the US trading session, equities took a turn for the worse, moving down sharply well into negative territory.  The second quarter was a bad month for...

    Daily Market Review 06/30/10

    Toward the end of the US trading session, equities took a turn for the worse, moving down sharply well into negative territory.  The second quarter was a bad month for...

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