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Written by 1option
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The Fed surprised investors Thursday after the equity markets closed, announcing that they are increasing short-term discount rates a quarter percent to .75%. The dollar immediately spiked after the announcement, causing a sharp pullback in the Euro as well as equity futures. By Friday...
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Written by 1option
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Despite a volatile week on Wall Street that included announcements of a possible Greek bailout and tightened Chinese monetary policy, investors continued to buy the dips in equities markets. Friday was an especially good example, with the indexes erasing large morning losses and the...
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Written by 1option
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Weekly losses on the major indices now rest at four weeks. Renewed fears of a global slowdown and foreign government debt have weighed heavily on the markets since the beginning of the New Year. The added worries have brought volatility back into the equity markets. The $VIX has rose...
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Written by 1option
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The bear continued to rule the markets last week despite strong GDP numbers and the re-confirmation vote of Fed chairman Ben Bernanke. Initial GDP numbers on Friday signaled that the economy grew 5.7% in the fourth quarter of 2009, .3% higher than expectations. Consumer spending also...
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Written by 1option
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Several major earnings last week, which were positive overall, were unable to keep markets from experiencing their biggest weekly losses since February of 2009. The S&P lost over 50 points on the week and the DOW experienced three 150+ point loss days. Both indexes were down over 4%...
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Written by 1option
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The Russell enjoyed another strong week, adding 16 points to close at 644. As of late, the index has been able to shake off a weak dollar and continue to rise. Two months ago this was not the case. The index is approaching the 646 area, which it has not seen since October 2008. Expect...
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Written by 1option
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After breaking out above the 620 level two weeks ago and running as high as 635.99, the Russell pulled back toward the end of last week, closing just above 625. If equities can remain strong this week, look for this pullback to be another buying opportunity with an entry signal on a...
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