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 here:
http://bnef.com/
Jim Sutliff
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 would increase demand for oil.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2010-08-02/oil-climbs-to-three-month-high-on-outlook-for-chinese-growth.html
Jim Sutliff
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
Tropical storm Bonnie help to send gasoline futures higher at the end of the week. The hurricane season is just beginning with Bonnie being only the second named storm of the year. Any significant storm in the Gulf region has the potential to disrupt refinery activity and send finished products higher in trading. Crude oil could actually fall in price if refineries are disrupted for an extended period of time and crude production returns to normal. The increased supply of crude would force the price lower.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2010-07-25/gulf-storm-drives-gasoline-bets-higher-on-refinery-threat-energy-markets.html
James Sutliff
To get a quick overview of the markets take a look at the Markets Brief on Forbes. It provides news and insights on domestic and global markets. The report also provides valuable information on earnings reports and views from analysts regarding economic events.
To visit the Forbes Markets Brief, please click here:
http://www.forbes.com/markets/marketsbrief/
Jim Sutliff
Crude Oil rose to almost $78 on light trading and the increaed possibility of a storm in the gulf. The U.S. National Weather Center has identified a storm system that has a 40% chance of becoming a cyclone.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2010-07-20/caribbean-system-has-a-40-chance-of-developing-into-cyclone-center-says.html
Jim Sutliff
Venture funding in the clean technology space has significantly increased over the last quarter. Venture capital funding hit the highest level in two years mainly due to biotech and alternative energy. The improving IPO market will be one factor that will help to generate interest in clean technology financing.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2010-07-16/clean-technology-biotechs-lift-venture-investment-to-highest-in-two-years.html
Jim Sutliff
Crude oil rose to almost $78 and hit a two week high. Data indicated that inventory declined sharply last week and fell over 5 million barrels. Analysts expected inventory to decline only 1.5 million barrels. One reason for the decline was the increase in operating rates at refineries which rose to over 90%.
To read a related Bloomberg article, please click here:
http://www.bloomberg.com/news/2010-07-14/crude-oil-futures-fall-from-two-week-high-as-supplies-climb-equities-drop.html
Jim Sutliff