Apparently the market does not like the stimulus package. It was certainly not a “Turnaround Tuesday.” The one saving grace is that the market decline occurred on lower volume. However, when heading downward, volume is not as significant an indicator as when the market is heading higher. So, even this market positive loses some of its luster.
U.S. Dollar Continued Headwind For Multinational Companies
One investment factor difficult to predict is the direction of currency moves. In large part, currency moves are impacted by a number of factors that are not necessarily specific to one single country or one single event. As an example, does the price of oil impact exchange rates or does the exchange rate dictate the level of oil prices?
Standard & Poor's Advises Caution In Chasing Dividend Yield
Howard Silverblatt, Senior Index Analyst with Standard & Poor's, prepared a list of 142 S&P 500 issues that have paid increased cash dividends for at least ten years in a row or have paid increased cash dividends in at least 20 out of the last 25 years. Additionally, Mr. Silverblatt included information on companies whose earnings covered twice the annual dividend payment...
The Gold-to-Oil and Gold-to-Silver Ratios: What are they saying?
We can Avoid Another Great Depression - Time for a Rational Governmet Response
How to Trade Iron Condors | Investing with Options
Following the market is starting to become a tedious chore. The back and forth action occurring in the stock market may be fertile grounds for the day trader, but not for the position trader. Long or short, trying to trade in this type of environment is tough. Of course, the million dollar question is “when will it be safe to leave the sidelines and enter the market?” No one can answer that.
Today’s 3pm reversal, presumably triggered by Obama’s announcement of an announcement of a plan to mitigate foreclosures, brought sharp short-covering in many stocks that were unquestionably headed down at the time. Volume swelled, as would be expected, into that last-hour rally. Most of the stocks below had intraday lows that were 5-10% below their close.
Handsome James (Falvo): Today's Market Commentary Friday February 13, 2009
IMF revised its estimatives again for the world economy
January Was Not Kind To Dividend Payers In The S&P 500 Index
Dividend payers are not getting off to a good start in 2009. For the month of January, the dividend payers in the S&P 500 Index declined 9.40% versus a decline of 3.39% for the non-payers. The once reliable financial sector contributed to the poor performance for the dividend payers. The financial sector alone fell 26.55% versus the S&P's decline of 8.57% in January.
In recent memory, the stakes have never been so high, and the global economy has never been so imbalanced. Accordingly, the Fed and the Treasury must be careful that in treating the economic crisis, they don't inadvertently damage the very foundation of the US economy.