Feb 14, 2010

Daily Markets - Financial News And Opinions

Daily Markets - Financial News And Opinions

Gold And Silver May Soon Need To Consolidate For A Week Or So After The Latest Decline « Przemyslaw Radomski »

Posted: 14 Feb 2010 03:45 AM PST

It was exactly a week ago when precious metals and main stock indices formed a bottom and provided a favorable entry point for all willing to participate in the next move up in the metals. Consequently we’ve sent out a Market Alert, and our Subscribers were able to get back on the market during Monday’s decline (with prices lower than there were at the end of the session on Friday). While it may seem that the worst is behind us, we still believe one needs to keep an eye on the situation in case … [visit site to read more]

EU Pledging Support For Greece Helps Stocks Gain For The First Time In Five Weeks, But Euro Still Suffers « Daily Markets »

Posted: 13 Feb 2010 11:01 PM PST

DailyMarkets.com (New York) - In the forex markets, the Euro fell for a fifth straight week versus the US dollar despite the International Monetary Fund (IMF) and the European Central Bank (ECB) pledging support for Greece. On Thursday, a statement issued by European leaders revealed very few details on how they plan to help Greece tide over its debt crisis. There are concerns on how the EU would react to a new wave of speculative attacks on Greece, Spain and Portugal, countries in the Eurozone … [visit site to read more]

Copper Price Now Giving Ground After An Extraordinary 10-Month Run « Eric Coffin »

Posted: 13 Feb 2010 09:01 PM PST

The January market dip was focused on profits taking. Good results in various sectors brought selling, but not sell-offs. It is evidence that caution still reigns at the start of the new decade and isn’t really saying much else, for now. It does indicate wealth preservation after the '08 Crunch is, and likely will continue to be, the focus of “Boomers” who are nearing the end of their working lives. How long they are good with clipping low interest coupons is the next question on the … [visit site to read more]

Stock Investor Sentiment: Finally Turns Neutral « Guy Lerner »

Posted: 13 Feb 2010 05:41 PM PST

Finally, the “Dumb Money” indicator has turned neutral after spending 28 consecutive weeks in the extreme bullish zone. For those keeping score at home, the S&P500 gained 8.9% over the past 28 weeks. For the sake of comparison, investor sentiment was either bearish or neutral for the 9 weeks following the March 6, 2009 bottom, and over that time, the S&P500 gained 36%. I will leave it to you as to which market environment I want to put my money to work.

The “Dumb Money” indicator, … [visit site to read more]
posted by

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)