Category: General Market NewsSort
Credit Cards and Exchanges: The Only Safe Ways to Play the Financials
On Friday it was reported that unemployment hit 6.1 % the highest level in five years as employers cut 84K payrolls. The SPY, DIA and QQQQ’s all opened lower and proceeded to lose even more ground as selling accelerated. Oil declined as well, which was not a positive, as it dragged down oil related stocks like XOM, CVX and BP down with it.
Presidential Election Cycle Myths And Realities
Investors are confronting what appears to be a synchronous global bear market which has left virtually no asset class unscathed. While such a situation stokes worries about deflation--an economic phenomenon generally associated with depressions--we believe that U.S. large cap stocks will benefit in the years ahead from this situation.
Alternative Energy Stocks Will Soar Under McCain or Obama
The Big Uncertainty in the end of Summer - BetOnMarkets
It was another edgy week for stock markets with both bulls and bears frustrated and unwilling to take on big positions. With the exception of the FTSE, major indices finished down on the week, though a good showing on Friday ensured that equities finished well off their lows. Volume was generally low with summer holidays kicking in on both sides of the Atlantic.