Markets advanced Monday after a reported showed consumer spending ticked higher last month. Boris Schlossberg, director of currency research at GFT Forex, Peter Beutel, president of Cameron Hanover, and Todd Colvin, vice president of MF Global, shared their outlooks on equities, currencies and commodities.
A break outside of our Confidence Interval often implies trend because a new external factor is influencing the behavior of the markets — whether that is the Total SA refinery workers striking in Paris or China altering the Renminbi’s peg to the dollar.
Debate on the scope and risks of the US health care plan still rages even as Pres. Obama unveiled a $14 billion plan to help homeowners. And the impact of a Greek bailout on the Eurozone economies is still a question. Jim Rogers, chairman of Rogers holdings, offered CNBC more insights into American and global markets.
With geo-political concerns bad and getting worse, should you take profits and run?
The S&P 500 and Nasdaq ended slightly lower Thursday after comments from ECB President Trichet gave the dollar a boost. Financials advanced, while energy and materials stocks declined.
Stocks rallied Thursday, led by banks, after testimony by Fed Chairman Ben Bernanke on Capitol Hill and some encouraging earnings reports.
Even by the White Houses’ own admission, it is reasonable to assume the unemployment rate in the U.S. will remain stubbornly high for at least the next two years.
Stocks bounced back Thursday after a drop in the previous session as the latest batch of earnings reports beat expectations.
Stocks look set for a small rebound from the previous session's sharp declines Thursday, with stock index futures rising and European markets higher.
The S&P fell on Wednesday after a downgrade of Portugal's credit rating brought the rally here in the US to a screeching halt.
The latest Vehicle Miles Travelled (VMT) figure published by the Federal Highway Administration (FHWA) places January’s VMT at 222.8 billion miles, 1.6% below 2009 and 2.5% below the 2004-08 timestep. This is troubling when compared to values just a few months ago...
According to the latest EIA Petroleum Supply Monthly, net fuel ethanol production finished 2009 at a record pace, just as extreme winter weather hindered demand from the transportation sector. ... It was the third month-on-month increase in production in a row.
Considering the Dems got one piece of sweeping legislation through Congress, will they able to do it again?
On Thursday the Bureau of Labor Statistics reported that the consumer price index (CPI) was unchanged month-on-month and only 2.1% higher year-on-year, less than the 2.7% expected by analysts. ... Outside of the dollar context, the latest CPI figures also tell us about energy expenditure and the general state of the economy, and it appears the dollar was not the only bearish signal for commodity prices.
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The table was set for a bearish EIA report, but analysts at The Schork Group (and apparently the Nymex) did not think it was going to be quite as bearish as 11 Bcf. Thus, it is now do-or-die for Henry Hub bears in the wake of yesterday’s 5.1% plunge in the futures.
As goes demand in California for transportation fuels, so goes demand elsewhere in the country. In this vein, stock builds in PADD V would seem to suggest that demand is suspect. With California’s unemployment rate at 12-1/2% (the 5th highest in the nation), analysts at The Schork Report do not think it is hard to understand why this is so...
Oil rose above $82 a barrel on Wednesday on a recovery in demand in the U.S. before dipping slightly on Thursday. Meanwhile, the S&P reached its highest since October 2008 this week. Can the positive relationship between oil prices and the stock market continue? Rick Szpila of JPMorgan Futures and J.J. Burns of J.J. Burns & Company discussed their outlooks.