By Mike Scully:
Price, as they say, is determined on the margins. This is especially true for inelastic goods. If 100 Tickle Me Elmo dolls exist in Walmart on Christmas eve, and 100 people absolutely need [...]
The entire day on Wall Street in one Cheat Sheet …
Next week will bring another round of high-profile earnings reports that should help set the tone for the market.
STOCK SLUMP: Stocks mostly fell after the government said the U.S. economy grew more slowly than expected in the last three months of 2011. The Dow Jones industrial average and the S&P 500 each fell [...]
Stocks drifted lower late Friday on news the U.S. economy grew at a slower pace than economists had expected in the fourth quarter.The Dow Jones industrial average was heading for its first down week in [...]
With 0.9339 resistance intact, current fall in USD/CHF is expected to continue further to 0.9065 support next. Considering bearish divergence condition in daily MACD, whole rebound from 0.7065 might be finished at 0.9594 already. Break [...]
Often you may hear about ‘month end’ flows having a positive or negative effect on a currency during the last few days of the month. Thus, I’ve decided to take a look at asset market [...]
Today’s US GDP data was interesting in that it came in weaker than expected and breaking down the report we see that personal consumption was pretty soft and much of the gain in the fourth [...]