Stocks don’t like Mondays

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Stocks don’t like Mondays. This is the third Monday in a row that’s started with a gap down open. And volume has been on the light side each of… Read more

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China and India the Bright Spots in Global Economy

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Oil is down again this morning. The World Bank has lowered its growth projections for the global economy. In March, the World Bank was calling for a 1.7% contraction… Read more

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Investing for Inflation?

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So now the government is actually going to subsidize car sales with up to $4,500 in incentives for car buyers who get rid of cars that get 18 mpg… Read more

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50 and 200 Day Moving Averages Look to Converge

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10 banks have paid back $68 billion in TARP loans. Including some smaller banks that have already repaid loans, the total is now over $70 billion. Even though the… Read more

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Analyst Raises BAC Price Target, Time to Buy?

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On Monday, an influential bank analyst raised his price target for Bank of America (NYSE:BAC) to $19. That implies a 40% jump for BAC. Curiously, this particular analyst didn’t… Read more

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Russia, China, India, Brazil Seek to Dump Dollar

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Jason Cimpl, technical analyst at TradeMaster Daily Stock Alerts, called yesterday’s 2.5% drop on the S&P 500 to a tee. If you watched the video chart analysis from Jason… Read more

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VIX Showing Greater Uncertainty

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Summer doesn’t officially start for a few more days. Tell that to the parents who are now getting their kids off to camp or getting ready for vacation. For… Read more

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Oil Rally Taking a Pause?

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Its worse in Europe than here in the U.S. Industrial production dropped 1.9% in a particularly cruel April, nearly double the 1% drop that was expected. First quarter GDP… Read more

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IEA Revises Oil Demand Numbers: Good News for Investors?

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The International Energy Agency (IEA) reported that demand for oil is picking up. Instead of the 3% drop in demand, the IEA says that it now expects demand to… Read more

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