Terrible Day For Dow Jones
If you look at the Dow Jones yesterday, it seems like the sky has fallen. Oil rises $10.75 to $138.54, jobless rates spike to 5.5% as compared to April’s 5% (biggest one-month surge in over 20 years),...
View ArticleSingapore Aims To Be Asia’s Commodity Hub
The Singapore Mercantile Exchange (SMX), slated to begin operations in about nine months, will offer futures and options trading in Asian time zone on precious metals, base metals, energy, agricultural...
View ArticleHurricane Gustav Brings Cheers To Oil Market
Hurricane Gustav is set to bring cheers to the battered oil and commodities market as it heads towards the Gulf of Mexico. Oil prices briefly touched $119.63 per barrel on the New York Mercantile...
View ArticlePlunge In Oil Prices Claims Another Major Casualty
The US dollar, inspired largely by plunging oil prices and growing pessimism over the economic health of the EU and the U.K, is going gangbusters of late. It traded at $1.4455 Wednesday, a seven-month...
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Stark Naked Fear In Stock Markets
On Monday, we had a fantastic stock market rally after the US Treasury engineered a takeover of troubled mortgage giants Fannie Mae and Freddie Mac. Regardless of it being the costliest bailout in US...
View ArticleIs This Stock Market Rally For Real?
With each passing week, the case for a bearish reversal out of this stock market rally becomes stronger. For the time being, the bulls triumphed by breaking out of a potentially ugly double top...
View ArticleGet Real On The Economic Recovery And Stock Market Rally
Third quarter earnings season is still ongoing but if you read closely into the numbers, fundamentals have barely improved, which stand at odds to the heady valuations arising from this stock market...
View ArticleInvesting Pitfalls In the Year of Metal Tiger
The Year of the Metal Tiger is upon us. Traditionally, the Lunar New Year is a festive period where the Chinese celebrate by giving angpows, buy new stuff after doing a thorough spring cleaning, clear...
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