Stocks and Dollars

Greece Vote Spooks Rally, Chinese PMI Drops

November - 1 - 2011

U.S. Dollar Trading (USD) sentiment darkened overnight with heavy stock losses following some negative Eurozone developments. Weak Chicago PMI at 58.4 vs. 60.4 previously and Bond dealer MF Global bankruptcy added to the selling which inspired fresh USD strength on safe haven demand. In US stocks, DJIA -276 points closing

Central Banks

Asia Session: Markets Keenly Await The RBA’s Decision

November - 1 - 2011

Overnight FX moves were indicative of risk-off sentiment. Yesterday’s BOJ intervention sparked the initial round of dollar buying, followed by US broker MF Global filing for Chapter 11 bankruptcy protection due to its exposure to European debt, and then some unexpected comments by the Greek Prime Minister Papandreou which further

Central Banks

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I Told You So: Facebook’s Ugly IPO Debut

By Value in Stock Market:
Earlier, I wrote that Facebook’s (FB) IPO is becoming a sucker’s bet. On its IPO debut, Facebook started at $42, hit a high of $45 for a brief moment, and then [...]

Facebook IPO May Break The Market And Initiate A Free Fall Crash

By Steven Vincent:
Let me start by clarifying something. I am not saying that the market could crash spectacularly in the next few days and that in that event the Facebook (FB) IPO would be a [...]

Blue-Chip Dividend Growth Stocks Today’s Strong Option For Retirement Portfolios: Part 1

By Chuck Carnevale:
There is a confluence of factors that are painting a very odd picture of current investor behavior. Common sense and a careful analysis of the market dynamics between equities and bonds today would [...]

U.S. Demographics And The Likelihood Of A Housing Recovery

By Sami J. Karam:

Expectations of a robust housing recovery are not well supported by US demographics.

From Bloomberg News (February 8, 2012): Chief Executive Officer Jamie Dimon told investors and analysts in a [...]

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