Monthly Archives: July 2011

Dollar Hits Record Lows –

Posted on 26. July 2011 by Jim Sutliff

 The U.S. Dollar continued to decline against all major currencies and hit record lows in trading.  The uncertainty surrounding debt negotiations between Republicans and Democrats are leading traders to sell the Dollar.  In afternoon trading the U.S. Dollar/ Euro exchange … Continue reading →

Posted in Banking, Bonds, Currency, Democrat, Earnings, Economic News, General, Interest Rates, Investments, Political News, Republican, Stocks, Tax, Trading | Leave a comment

Still No Debt Deal –

Posted on 24. July 2011 by Jim Sutliff

The weekend is coming to a close and there is no agreement on raising the debt ceiling.  Republican and Democratic negotiators have discussed short and long term debt ceiling increases.  Republicans prefer a short term increase that would require Obama to request more funding … Continue reading →

Posted in Banking, Bonds, Democrat, Economic News, General, Investments, Political News, Regulatory, Republican, Stocks, Tax, Trading, Treasury | Leave a comment

European Union Offers New Greek Aid Plan –

Posted on 21. July 2011 by Jim Sutliff

European leaders announced $229 billion of additional aid for Greece.  They also gave their $440 billion Euro rescue fund the ability to  purchase debt from Euro nations under pressure in the markets.  The leaders hope that the plan will prevent the debt … Continue reading →

Posted in Banking, Bonds, Currency, Economic News, Euro, General, Investments, Political News, Stocks, Trading | Leave a comment

Debt Plan Sends Dow Higher –

Posted on 19. July 2011 by Jim Sutliff

A possible agreement to raise the debt ceiling sent the Dow higher in aftenoon trading.  The Dow Jones gained over 200 points after Obama gave his approval for a debt agreement between  Republican and Democratic Senators.  The news also sent Gold prices … Continue reading →

Posted in Banking, Bonds, Democrat, Economic News, General, Investments, Political News, Republican, Stocks, Tax, Trading | Leave a comment

Debt Ceiling Talks Continue –

Posted on 16. July 2011 by Jim Sutliff

Debt ceiling talks between Republican and Democratic leaders continued on Saturday.  There has not been an agreement on terms to raise the $14.3 trillion debt ceiling.  The debt ceiling must be raised by August 2nd or the U.S. would fall into default and financial … Continue reading →

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Stocks Rise On Possible Stimulus –

Posted on 12. July 2011 by Jim Sutliff

Stocks rebounded after minutes from the Federal Reserve meeting indicated that a possible stimulus could be on the way.  The two day drop was the worst for the Dow Jones  since March.  European stocks declined for a third straight day due to … Continue reading →

Posted in Banking, Bonds, Economic News, Federal Reserve, General, Interest Rates, Investments, Stocks, Trading, Treasury | Leave a comment

Currency Trading –

Posted on 9. July 2011 by Jim Sutliff

The biggest financial market in the world is Forex with $4 trillion traded daily.  Retail trading is steadily increasing with daily trading volume over $300 billion.  A recent Wall Street Journal article discusses the basics of FX trading and the reasons for the rise … Continue reading →

Posted in Banking, Currency, Education, General, Investments, Options & Futures, Trading | Leave a comment

Gold Soars –

Posted on 6. July 2011 by Jim Sutliff

Gold hit a two week high in trading and closed at $1,529.20 an ounce.  September silver also rallied to close at almost $36 an ounce.  The debt crisis in Europe and the debt concerns in the U.S. are reasons for the rise … Continue reading →

Posted in Economic News, General, Metals, Options & Futures, Trading | Leave a comment

Republicans May Agree To Raise Debt Ceiling –

Posted on 3. July 2011 by Jim Sutliff

Republicans may agree to a short term deal to raise the debt ceiling.  According to the U.S. Treasury Department, the debt ceiling has to be raised by August 2nd to meet current obligations.  The current debt ceiling is $14.3 Trillion and negotiations will … Continue reading →

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Dow Jones Posts Strong Gains –

Posted on 1. July 2011 by Jim Sutliff

The Dow Jones Industrials gained almost 170 points and capped the best week of trading in two years.  The gain was a great start for july and the fifth straight day of gains for the Dow Jones.  Although trading volume was light, the … Continue reading →

Posted in Banking, Earnings, Economic News, General, Investments, Stocks, Trading, Uncategorized | Leave a comment