Markets React To Japan Nuclear News. Volatility Rises. The crisis in Japan caused by the earthquake which was originally believed to be 8.9 in magnitude but was revised upward to 9.0 and the ensuing tsunami has negatively impacted trading. This week, the events unfolding in Japan concerning their nuclear reactors has caused market participants to…
The U.S. Government Is Set To Shutdown Friday March 18 Extension After Extension – Entitlements Get More Attention. Plans have been circulating to allow the government to continue operations past March 18 which is the scheduled date for a U.S. government shutdown due to the federal budget fiscal problems. Republicans offered another short term resolution…
The Dow Jones Industrial Average Falls Below 12,000. Japan’s Earthquake & Tsunami After-Effects. The Dow Jones Industrial Average fell below a key support level today. The Dow fell below 12,000 today which is a key psychological trader observation level. Dow 12,000 had become a support level for various traders and economists that use technical analysis…
Japan’s Earthquake & Tsunami: The Economic Impact. The effect of Japan’s earthquake and tsunami on the Japanese and world economy. Japan’s March 11, 2011 earthquake and tsunami is taking center stage as images continue to show the devastation in the country. An 8.9 magnitude earthquake hit Japan on March 11, 2001 and the result of…
Sector In Focus: Retail March 2011: When Will Retail Make A Comeback? This week we are focusing more attention on the retail sector. Retail stocks look like they are rebounding from lows from the past few months. The price action this week was a positive sign because some retail stocks didn’t fall as significantly on…
Investors Take Japan, Saudi Arabia News In Stride Japan, Saudi Arabia Don’t Rattle Markets. Japan had one of the worst earthquakes in recorded history and the following tsunami caused severe disruptions. Oil prices fell on the anticipation that Japan, the 3rd largest economy in the world, may lower demand for oil temporarily as the humanitarian…
Markets React Negatively to World, U.S. Economic News – Saudi Arabia: Unemployment Rises, February 2011 Budget Deficit Highest Ever, AP Reports violence in Saudi Arabia. Markets reacted negatively to world news and economic data from the U.S. Unemployment rose slightly as reported by the Labor Department. They reported initial jobless claims rose marginally by 26,000…
Middle East, North Africa Concerns Rise: Chinese Auto Sales Lower: The crisis in the Middle East and North Africa has added more concerns abot the effects of oil on the U.S. economy short term. The Nasdaq has been weak and we are looking to see if tech stocks will rebound although they have gained more…
The U.S. Department of Energy Releases Summer Oil, Gas Forecast: Energy Information Administration’s monthly Short-Term Energy Outlook. The U.S. Department of Energy released a forecast for oil prices this spring and summer. The price at the pump is expected to average $3.70 per gallon this spring and summer while a barrel of oil will average…
