Will Europe Take The Spotlight To End The Month Of July 2012? Europe is back in the news taking attention away from U.S. earnings and economic data. Spain’s 10-year note yield is above 7 percent and this has caused markets to become more volatile in the short run even though Spain will be getting a…
Short Term (Week Of June 25, 2012), The Dollar Vs. Euro and Oil Are Secondary Indicators Ahead Of EU Summit: Investors will be focused on a variety of topics next week. The Supreme Court may rule on Obamacare and stocks related to the healthcare sector have become interesting plays in anticipation of the ruling. We…
Watch The Dollar Mid-May 2012 Action For Quantitative Easing Clues: U.S. equities rose today with the S&P 500 rising 20.77 points to 1,315.99 for a gain of 1.6 percent. Today was the best day for the NASDAQ percentage wise in 2012 as it gained 68.42 points up 2.46 percent to 2,847. Traders snapped up stocks except for Facebook…
Oil Rises Over 2 Percent After Iran Stops Exports To England and France – Greek Debt Deal Reached: Oil prices reacted sharply after Iran declared it would no longer sell oil to England and France. Other new reports from major media outlets noted Iran could halt oil exports to Greece. March Brent crude was up…
The Dollar Vs. Euro May Become a More Interesting Story: The dollar versus the euro should be a much more interesting story than it has been for the last few weeks. Both the U.S. and the 17 nations that share the common currency -the euro, are facing some severe economic struggles. The U.S. is suffering…
