The Dollar Index is up for a second day in a row on Treasury Secretary Geithner's comments that the administration is committed to a stronger dollar. Despite the small gain, the US Dollar is now down over 15% since March relative to a basket of foreign currencies and many traders are betting it will continue its slide. Read More
Considering Bank of America and JPMorgan report later in the week, what can you glean from Goldman results as you game earnings that lie ahead? Read More
U.S. consumer confidence rose in June to the highest since February 2008, but the question is: When are consumers going to spend a lot more to give the economy a turnaround? John Faucher, senior analyst at JPMorgan Chase and Linda Bolton Weiser, managing director at Caris & Co. said there are consumer stocks that investors ought to own right now—and a few to avoid. Read More