Happy Birthday Canada! Bonne Saint-Jean (tard, je sais…) and Happy Moving Day ! Canadians don’t seem to hang anywhere near as many Canadian flags on their property, boats, and homes as Americans do - so I thought a bit of blatant patriotism here can be excused for July 1st. For those who don’t know, the image above is the flag of Nunavut , Canada’s newest territory. What a year, Canada… We emerged almost unscathed from the great recession to the south - thanks in part to our amazing Ca
NEW YORK -- As stocks closed the second quarter by sliding, a lack of confidence sapped Caterpillar, Deere dropped after an employee buyout, but HR Block overcame the taxing session on earnings strength. The Dow Jones Industrial Average fell 82.38 points, or 1%, to 8447.00. For June, the Dow lost 53.33 points, or 0.63%. The Standard Poor' s 500 - stock index fell 7.91, or 0.9%, to 919.32. The SP 500, for the month, rose 0.18 point, or 0.02%, and has now gained for the four
First a reminder: If you missed Episode Two of the W Network Expert Challenge on Sunday night, it is being re-aired tonight Wednesday, July 1st 2009 at 8:30pm on the W Network. The Financial Blogger had asked a bunch of other personal finance bloggers if they wanted to participate in a friendly stock picking contest for 2009. The criteria was to pick four securities in equal dollar amounts listed on a Canadian or American exchange (not including derivatives) to just sit on for the duration o
Author : Abhishek Agarwal Money trading is a trade of currencies from various countries Currency trading may seem very complex and risky But, we must understand that the medium of exchange is a very simple system and can be performed by anyone First, you should understand that bargaining chip (also known as Forex) is having most money in the world's market This currency trading generates an exchange of more than one billion dollars in one day Forex is not centralized but it is spread
A tactical retreat is not a bad response to a surprise assault, you know. First you survive. Then you choose your own ground. Then you counterattack. Who let the bears out? That may perhaps be the question uppermost on most players’ minds. The sell-off struck suddenly and came on higher volume. Even the breadth was bad. May be the market feels the Budget may be a non-event. A few economic report
We recommend a sell in Bharat Forge from a short-term trading perspective. It is apparent from the charts of Bharat Forge that after bottoming in January at the low of Rs 69, it commenced to trend upward. The stock was on an intermediate-term uptrend till it encountered resistance at Rs 194 in early June. Triggered by the negative divergence displayed both in the daily and weekly relative strength index the stock reversed direction. Since early June, the stock has been on a short-term downtrend.
And that's a wrap on the financial year! The SP/ASX 200 couldn't quite breach the 4,000 level on the last trading day of the month, quarter, and financial year. But it still managed to tack on 1.8% and close at 3,954. June was a good month for most Aussie stocks. The ASX/200 was up 10.4% in June (the best month in four and half years). And for the year, stocks have climbed about 6.3%. For the financial year, they are down 24%. Over in the U.S. stocks fell to close the quarter. Oil fell
by Tony Peterson 1. Would you like to use options investment strategies to triple your investment capital in a short term? 2. Are you wondering how and why people make consistent profits, no matter where market moves? 3. Have you ever heard of a key concept of time value in options investment? 4. Why not trade options smartly and efficiently along with options pros? 5. Why not master the option strategies and make huge profits at the same time? Now Capistone Options will be committe
We may be headed into a renewed market slump. If so, it will pay to wait before buying, but when the time does come to buy, here are 5 electric transmission stocks I have my eye on. Tom Konrad, Ph.D., CFA On June 2, I wrote that I thought the market was near its peak . That day, the SP 500 closed at 944.74. On June 12, it closed up 0.15% at 946.21, and has since trended down, currently trading down 5% as I write. I expect further declines this year, either with the market headin
Recently, there have been many encouraging signs that suggest a rebound in the economy. Although we are not out of the dark yet, it seems that the media will jump on anything to report good news. The stock market is up this year and there is evidence that the real estate market is also showing [...] No Tags
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