Anticipated. It sparked a buying stock spree by investors. While commodities sold ff. Gold lost 5 dollars and oil almost 2. 12 large banks are sued by investors. They claims the banks conspired to rig prices in the Foreign Exchange market. No comment from the banks. Wells fargo is naming John Shrewsberry as its new cfo. Larry shover of sfg alternatives is here to get our day started. Hes watching the market for us. Good morning larry. Good morning. Well the fed will keep interest rates. Theres some strength coming into the economy from manufacturing. Is there any reason not to buy stocks right now . Well, not really because look at the alternatives right nowtheres not a whole lot out there that could give you the dividend yield that stocks could right now. That doesnt mean we cant have a pullback but when you think about it, our economy is growing and stocks the number one beneficiary of that. But there are some people who believe we could be headed for bubble trouble with the stock ma
4. Oil added on 2. 63 apple shines in its patent case. The internationl trade commission ruled that samsung infringed on iphone patents owned by apple. Samsung is expected to appeal. And aol has turned into a chatter stock. Shares rose 2 friday on speculation the Internet Company is planning drastic cuts or that it may shut down its local news sites, called patch. Scott shellady of trean group joins us on this monday morning. Happy monday morning to you, scott. Good morning. How critical will the Inflation Numbers and retail earnings this week be to traders . Its going to be very critical with the feds dual mandate. We have to keep an eye on inflation. I dont think weve got inflation. I think weve got disinflation. Bernanke mentioned that in his last speech. Something to watch Going Forward we actually might be in a deflationary cycle, so, keep your eyes glued to the Inflation Numbers. China plays were popular last week with people buying the metals because of some growth in china. Wha
Thats the First Time Since 2007, and it caps off the longest winning streak since 2004. As investors disconnect from apple stock, the tech giant is losing its status as king of the stock market. Exxon is back on top with a 417billion market cap versus apples 412. Apple dropped 76 last week. The Federal Reserve begins a twoday meeting tomorrow on Monetary Policy and interest rates. And reports say u. S. Air and American Airlines may soon have a merger deal ready for takeoff. Mark sebastian of options pit mentoring to and says now for a closer look at the markets on this monday morning. Good monday morning to you mark. Good morning angela. The s p 500 closed above 1500. As a trader, are you starting to look for some sell signals . You know, i will say no. If you look at vix term structure, it is saying, buy, buy, buy. If you look at the correlation index, jcj, that is saying buy, buy, buy. Everything im saying is buy. The only places where im really seeing sell signals is in individual n
washingtonjewishweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonjewishweek.com Daily Mail and Mail on Sunday newspapers.
washingtonjewishweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonjewishweek.com Daily Mail and Mail on Sunday newspapers.