Our Sr. Market Strategist Phil Streible explains the wild ride on Wall Steet this week.  Phil discussed on CBS this morning how the U.S. economy has truly become global.

by Aaron Fennell The first half of 2010 was quite volatile, but there are still many unanswered questions in regard to the global economic outlook that are likely to make the second half equally as volatile. Canada’s economy is growing, but the global economy is still not out of the woods yet. A double-dip recession [...]

S&P futures closed sharply higher on Monday in the wake of news the government would bail out Freddie Mac and Fannie Mae but are mixed in early trade. The September futures moved above 1278 Monday, which marks the 20-day moving average and key resistance, but profit-taking took back some gains by day’s end.September S&P futures [...]

Friedman’s Futures Forecast: August By Jeff Friedman Last month, my big-picture themes for traders were to keep your eye on the U.S. dollar, and also China. These remain driving factors this month, too. But now, in early August, one major trend has changed: commodities are no longer going through the roof and are in midst [...]

Last week, inflation was the focus, and with crude oil prices heading toward more record highs, and it looks like the second-half of the year could be more sluggish than we had hoped. Let’s take a look at price action in the financial markets last week, and how we might approach this week trading futures. [...]