Alaska May Give Everyone $1,200 to Cover Fuel Costs – Bloomberg Bernanke’s Inflation Cure Wanes as Import Costs Rise – Bloomberg United Says Plans to Lay off 950 Pilots – Rueters Thirty Years on, Inflation Makes Global Comeback – Reuters GM to Cut Truck Production by 170,000 Units – Reuters Fuel Costs Could Devastate Airlines [...]
Lind Plus Senior Market Strategist Jeff Friedman takes a look at price action in the financial markets last week, and offers his thoughts as we head into the two-day Federal Open Market Committee Meeting. Read the full article from Jeff.
Tuesday marks the start of the two-day Federal Open Market Committee meeting June 24-25. A few days prior to these Fed policy meetings, CME Group posts a “Fed Watch” update reflecting where the market thinks rates are headed. Based upon the June 20 market close, the 30-Day Federal Funds futures contract for the July 2008 [...]
Darrell Jobman, Editor-in-Chief of TraderEducation.com recently presented a webinar with us on fundamental analysis. The presentation focused on the grain markets and how fundamental analysis plays a role in trading decisions. If you’re not familiar with the fundamentals of the grain markets, or just looking to brush up and get new ideas, you can check [...]
Which is Worse, Inflation or Recession? – Times of London The Currency that Saved Europe – New York Sun Can U.S. Bring Jobs Back from China? – BusinessWeek China Debunks Market ‘Domino Theory’ – Bloomberg U.S. Options Index Rises Amid Bets Financials Will Keep Falling – Bloomberg IMF’s Best Guess is for a Gradual U.S. [...]
It’s “quadruple-witching” day, marking the expiration of June stock index futures, stock index options, stock options, and single stock futures (SSF). Senior Market Strategist Jeff Friedman says these types of expiration days can be volatile, so watch your back. Stock indexes may be headed for their third weekly decline amid more negative news in the [...]
Manufacturing in Philadelphia Region Shrank in June – Bloomberg Bear Stearns Fund Managers to Be Charged – TheStreet.com Leading Indicators Rise for Second Straight Month – MarketWatch.com More than 400 Charged With Mortgage-Related Fraud – MarketWatch.com Japan Stocks Tumble Most in Two Months on Bank Loss Concern – Bloomberg Crude Oil Declines as China to [...]
Lind Plus Senior Market Strategist Phil Streible thinks the Japanese yen may be ready for a rebound and offers a trading strategy using a combination of futures and options. He sees good support near 93 and 92.50 in September futures, and thinks the market could rally to 96. Read more about it.
Stock indexes fell and couldn’t get up today, with the Dow Jones Industrial Average cash and futures contracts closing at a three-month low. Gloomy news came from a number of familiar corporate names, including FedEx, Fifth Third, GM and Ford. (Another name familiar to us here, MF Global Ltd., tumbled too). On the cash side, [...]
Bank issues global stock and credit crash alert – London Telegraph Gas Stations Can’t Afford to Buy Gas Either – David Welch, BusinessWeek Are Speculators Driving Commodity Prices Higher? (PDF) – Merrill Lynch US floods hit food prices – Financial Times Learning from the Oil Shock – Newsweek Morgan Stanley Profits Drop on Debt Losses, [...]
