The Dow Jones Industrial Average finished higher for the third day in a row. The 50 point gain on Thursday sets the market up for a Friday jobs report and possibly a light trading day. The holiday weekend may have an effect on swings in the Dow on Friday as well as Tuesday.
To read a related [...]
MarketBeat, the Wall Street Journal blog, has an article on the Hindenburg Omen and the possibilities of another stock market crash. The Omen has predicted a major stock market crash 25% of the time and the criteria for the Omen has already been fulfilled twice in August. The criteria include several types of market data which include [...]
The GM IPO is a major topic in financial circles and the valuation of the firm is at the center of discussions. The Deal Journal has a good article on the number crunching behind the valuations. The Dow Jones Investment Banker provided strong analysis of the financial position of GM.
To read the WSJ Deal Journal [...]
GM ha filed registration papers for their long awaited IPO. The initial public offering is reported to include preferred as well as common stock. This will provide the government with an opportunity to sell a portion of their stake in the firm as a result of the bailout.
To read a related Wall Street Journal article, [...]
Stocks tumbled on economic data and fears of relating to global growth. The Dow finished 265 points lower on the day with all 30 Dow components declining. Also, the Euro fell against the Dollar as investors looked for safe havens. Slow trading at the end of summer may make for wider market swings.
To read a related [...]
The Wall Street Journal has an article that discusses investing strategies for sideways markets. This is an interesting article to read even if you disagree with some of the trading strategies. Sliding sideways is common for some stocks in a back and forth market.
To read the Wall Street Journal article, please click here:
http://online.wsj.com/article/SB10001424052748704657504575411881192753588.html?mod=WSJ_hpp_sections_personalfinance
Jim Sutliff
Bloomberg New Energy Finance is a central hub for news, data, and research on the new energy market. Biofuels, power storage, solar and wind, are just some of the energy sectors covered on the website. The industry intelligence link provides a wealth of information for investors and analysts.
To visit Bloomberg New Energy Finance, please click [...]
Oil moved above $81 a barrel on manufacturing data and an improved outlook for Chinese growth. Manufacturing data fell but not as much as expected and that was one factor in the brief rise in crude oil. A strong performance in global equity markets also indicated to some traders that the economy was improving which [...]
Treasury notes continued their gain for a fourth straight month. Two year yields fell for a 9th straight week to the lowest rate ever recorded. Slow economic growth and the possibility of a moderate economic recovery have led investors to Treasury notes.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2010-07-31/treasury-notes-climb-for-fourth-straight-month-as-economic-growth-slows.html
Jim Sutliff
The Dollar fell as new home sales improved and the stock market advanced on Monday. The Euro almost reached $1.3000 which all but erases thedecline from the sovereign debt crises. The pound Sterling also advanced in trading on Monday.
To read a related MarketWatch article, please click here:
http://www.marketwatch.com/story/dollar-slips-euro-up-slightly-after-stress-tests-2010-07-26?siteid=rss&rss=1&mod=marketwatch
Jim Sutliff
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