Last night’s positive earnings results from Alcoa and CSX (see our Market Outlook from Monday)provided an early catalyst for today’s market rally, bringing a sixth consecutive up-session to the broad market. Dow component Chevron today served up positive results as well and surprised investors with the news that it expects to see sequential earnings growth.
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The Greek government has announced new austerity measures aimed at slashing its huge budget deficit. It comes a day after the Prime Minister said that the country was fighting for survival. The new measures — which will reduce annual pay and increase taxes — were ordered by the EU in an bid to prevent a
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OVER ONE HUNDREDmore examples of Fox News Bias at www.youtube.com Fox News coverage of the health reform debate has been pretty bad, as I've shown in multiple videos, and last week was no different when a supposed straight news story and interview of Republican Senator Judd Gregg by Fox News anchor Bill Hemmer on the
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For quite some time, investors have been bracing for the day that higher interest rates are announced. Today, comments made by Federal Reserve chairman Ben Bernanke may have provided a potential warning sign, even if it was a camouflaged one. The Fed must at one point begin to wind down its easy money policy, and
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Republicans and Democrats know that deficit spending is a problem, but yet the deficits continue. The government pays for deficits by borrowing, taxing and creating money. Rand Paul says that there is real danger of inflation due to recent increases in the money supply. Part of a series of documentary videos about Wendy as she
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Yesterday’s earnings shortfalls (Alcoa, Chevron, Electronic Arts) were completely forgotten today, as the market resumed its bullish ways, with the major indexes approaching / making new 52-week highs. Commentators note however that today’s recovery move failed to attract much volume, with less than 1 billion shares traded on the NYSE (1.1 billion shares is a
read more..
Yesterday’s earnings shortfalls (Alcoa, Chevron, Electronic Arts) were completely forgotten today, as the market resumed its bullish ways, with the major indexes approaching / making new 52-week highs. Commentators note however that today’s recovery move failed to attract much volume, with less than 1 billion shares traded on the NYSE (1.1 billion shares is a
read more..
Yesterday’s earnings shortfalls (Alcoa, Chevron, Electronic Arts) were completely forgotten today, as the market resumed its bullish ways, with the major indexes approaching / making new 52-week highs. Commentators note however that today’s recovery move failed to attract much volume, with less than 1 billion shares traded on the NYSE (1.1 billion shares is a
read more..
Yesterday’s earnings shortfalls (Alcoa, Chevron, Electronic Arts) were completely forgotten today, as the market resumed its bullish ways, with the major indexes approaching / making new 52-week highs. Commentators note however that today’s recovery move failed to attract much volume, with less than 1 billion shares traded on the NYSE (1.1 billion shares is a
read more..
Yesterday’s earnings shortfalls (Alcoa, Chevron, Electronic Arts) were completely forgotten today, as the market resumed its bullish ways, with the major indexes approaching / making new 52-week highs. Commentators note however that today’s recovery move failed to attract much volume, with less than 1 billion shares traded on the NYSE (1.1 billion shares is a
read more..
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