Consumer Prices Edge Higher- CNNMoney Get Ready for a Wave of Bank Failures – CNNMoney Gold Tops $1,000 for First Time in Nearly a Year – MarketWatch White House Says it Supports Private Bank System – MarketWatch Treasurys Gain as Bank Fears Renew Flight to Safety – MarketWatch China Starts Investing Globally – NYTimes A [...]
In case you missed it, CBNC’s Rick Santelli gave his two cents about the government’s recent measures, live from the CME trading floor in Chicago on Thursday. Watch “Santelli’s Tea Party.”
U.S. Stock Slide Propels Dow Industrials Under 7,500 – MarketWatch Money Supply: In Vogue Again? – MarketWatch Oil Drops 14 Percent on U.S. Inventory Drop – Reuters U.S. Recession May Ease in Coming Months: Conf Board – Reuters Sickness and Death are no Way to Regulate Food – Reuters Rapid Increase in Demand for Grains, [...]
By the Lind Plus Trade Desk (Frank Cholly, Matt Roma & Jeff Friedman) Gasoline futures ( RBOB ) are very close to $1.00 currently. The driving season is just around the corner and inflation is coming not too far down the road with an $800 billion stimulus bill being signed into law this week. We [...]
Lind Plus Senior Market Strategist Jeff Friedman is now offering a daily podcast for investors and traders looking for market commentary and trading ideas.The podcast will be available every morning. If you’d like to subscribe to the podcast through iTunes, so that you can hear it on your iPod or computer, follow these two quick [...]
Stock index futures are up in early trade after hitting a three-month low Wednesday. Amid all the gloomy news, there was a glimmer of hope in the data. The Conference Board’s index of leading economic indicators rose 0.4% in January, after rising 0.2% in December. The data show hints that the recession may lift, although [...]
Recession Will be Worst Since 1930s: Greenspan – Reuters Fed Cuts U.S. Growth View and Considers Inflation Target – Reuters Industrial Production, Housing Starts Plunge – AP/Yahoo Finance Brazil Climate Change Threatens Top Coffee Crop – AP/Yahoo Finance China Feasts on Minors as “Bank of Last Resort” – Bloomberg Nigera’s Kidnap Capital Forces Shell, Chevron [...]
S&P 500 Slips Below 800, Retesting November lows – MarketWatch Gold Rises to 7-Month High on Flight to Safety – MarketWatch Oil, Copper Lead Drop in Commodities to Lowest Since 2002 – Bloomberg Coffee Risks Squeezing Starbucks, Funds on Supply – Bloomberg Shipping Index Surge Signals Commodity Currency Gains – Bloomberg Paper or Plastic? At [...]
If you are interested in learning more about how you can use Fibonacci levels to improve your trading, join Lind-Waldock’s Senior Market Strategist Dennis Cajigas for a live, free webinar today at 3:30 p.m. CT. You can ask Dennis any questions you have via live chat too. Dennis will provide an introduction to Fibonacci analysis, [...]
Biggest Stimulus Effects Won’t be Instantaneous – MarketWatch Don’t Hope for Discounts: If Deflation Sticks Around, History is Clear: It’s Bad News for All But a Few – MarketWatch Oil Futures Rebound 10% After Five-Session Slump – MarketWatch China’s Economy Shows Signs of Recovery on Stimulus – Bloomberg Natural Gas Prices are Undervalued, Gazprom’s Medvedev [...]
