Stocks and Dollars

Thursday saw risk assets ride a much needed relief rally as a continuing stream of encouraging US data soothed sentiments. While weekly jobless claims edged higher to 381k vs. expected 375k, Chicago PMI printed better at 62.5 for December vs. expected 61 and Pending Home Sales jumped +7.3% in November

The EURO closed slightly higher on Thursday and the highrange close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off October’s high, the 75% retracement

The EURO closed slightly higher on Thursday and the highrange close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off October’s high, the 75% retracement

Thursday saw risk assets ride a much needed relief rally as a continuing stream of encouraging US data soothed sentiments. While weekly jobless claims edged higher to 381k vs. expected 375k, Chicago PMI printed better at 62.5 for December vs. expected 61 and Pending Home Sales jumped +7.3% in November

Thursday saw risk assets ride a much needed relief rally as a continuing stream of encouraging US data soothed sentiments. While weekly jobless claims edged higher to 381k vs. expected 375k, Chicago PMI printed better at 62.5 for December vs. expected 61 and Pending Home Sales jumped +7.3% in November

American Airlines’ parent company, now in bankruptcy protection, says its stock will be dropped from the New York Stock Exchange.Shares are sinking 18 cents, or 35 percent, to 34 cents in after-hours trading.AMR …

Better news on home sales and improved prospects for job growth sent stocks higher on Wall Street Thursday.The Dow Jones industrial average rose 135 points, nearly making up its 140-point loss from the …

STOCKS UP: The Dow Jones industrial average rose 135 points. The S&P 500 rose 13 points and is now up 5 points for the year. Stocks rose on better news on the job market and home sales.HOUSING & EMPLOYMENT: …