Investing Ideas: Social Media Stocks, Homebuilders Stocks and Gaming Stocks
Point Roberts, WA - April 8, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector for independent investors releases thee free special reports for global investors; a list of publicly traded gaming stocks, a list of publicly traded homebuilder stocks and a tech stock list featuring social media stocks including (FB), (LNKD), (GRPN) and cloud computing stocks.
Forex Traders Say “Now What” after Jobs Data Report
Forex Traders appeared to be saying “now what” based on the way the currency markets traders on Friday after the release of the U.S. Non-Farm Payrolls Report. Instead of saying “now what”, they should be saying “how much” as in how much will the Fed ante up to stop the U.S. economy from completely derailing?
Commodity, Equity Bulls Pare Positions ahead of Friday’s Non-Farm Payrolls Report
Commodity and equity traders pared long positions on Thursday ahead of Friday’s U.S. Non-Farm Payrolls Report. Traders appeared to be taking no chances that the report will come out better than expected, leading perhaps to the Fed cutting back on the amount of quantitative easing it is currently considering.
U.S. Dollar Weakens after Lower than Expected ADP Report
The U.S. Dollar added to its already weak condition with another break to the downside versus most major currencies after ADP reported lower-than-expected jobs data.
Traders are reacting negatively toward the Dollar because the report came out on the wrong side of zero. Economists had forecast an increase of 20,000, the actual number was reported at -39,000.
U.S. Stocks Finish Lower Under Thin Conditions Ahead of GDP Report
U.S. stock markets closed lower under thin trading conditions as most major market participants took the day off ahead of tomorrow’s 2Q GDP report. This left the market wide open for day-traders and scalpers who created a little volatility early before eventually settling down after the mid-session.