Unlike the stock market which dropped over 2% this week and thus far has failed to reach ignition since QE3 was announced, Dragon, the SpaceX rocket took off this this week and successfully docked with Space Station ahead of schedule.…
On Friday the Labor Department reported that the unemployment rate unexpectedly fell to 7.8%. This is just in time for the President to be able to say that unemployment is at the lowest rate since he took office in January …
On Friday the Labor Department reported that the unemployment rate unexpectedly fell to 7.8%. This is just in time for the President to be able to say that unemployment is at the lowest rate since he took office in January …
Apple stock dropped almost 7% this week as major riots broke out in a manufacturing plant operated by Foxconn. It occurred in the city of Taiyuan in mainland China, and at its epicenter was the iPhone 5. The cause of …
While the presidential election drones on and the polarization between donkeys and elephants intensifies, the rally on Wall Street paused this week. Notably absent from participating in the market’s move to new highs are transportation and semiconductors. The Transportation Sector …
As expected, Equity Markets rallied around the world as it responded to the Fed's decision to aggressively pump money. Caught between a choice of a double dip recession or possible hyper-inflation, Bernanke chose inflation and turned up the monetary spigots …
The Global Equities market soared this week, led by the U.S., to levels not seen in the NASDQ for over a decade with a five year high for the Dow. This can be attributed to the Bernanke/Draghi statements that basically …
I think most traders would say October is the worst performing month of the year, but in fact it’s not. On average, October is up .41% for the month. The month that has earned the status of the worst performing …
The August 20th Wall Street Journal had on its front page a declaration that “This rally gets no respect”. Now what’s a market to do when the truth about its persona is so publically exposed?
Make a new high for …
In Moscow this week, the all-female Russian rock band "Pussy Riot" was convicted of "hooliganism" and sentenced to two years in prison. The heinous crime was staging a forty second event last February, protesting the Russian church's support of the …