New all time highs: COH, CRM, GMCR, NFLX, NVS, TIF
5 Earnings Busters to Trade Now, Part I
Better Real Estate Investing: 4 High Yield REITs
New unemployment claims rose to 424,000 (chart).
This week, another bank was shut down by the FDIC! (list).
Next week: (Economic reports link). Markets are closed on Monday for Memorial day. The monthly jobs report will be released on Friday, a potential market moving event.
Market commentary: If the S&P 500 can rally over the 1340 level, we could see more up-side in the market. Note that the last 2 rally attempts this month have both failed.
Commodities (charts):
Oil prices were mostly up, closing just over $100 per barrel
Natural Gas was up, closing near $4.50.
Gold was up, closing near $1535.
The 30 year Bond was up, closing near $125'25.
The US Dollar dropped, closing near 75.
News:
Stock investors brace for next round of weak data
Economic Growth Disappoints as GDP Gain Just 1.8%
Where's the Recovery? Hopes For Economic Rebound Fade
Why Corporate Bonds May Not Be Such a Smart Bet
Why Strong Dollar Hurts Stocks, and What You Can Do
Summer forecast: weak stocks and a big sell-off. Then QE3?
Government Doesn't Create Jobs
General Motors Will Never Repay Taxpayers
Overseas
Ten Reasons Why China is Different
Norway’s lessons for Brazil
Euro Falls on Europe Debt Concern
Fitch lowers outlook on Japan sovereign debt
The Audacity of Chinese Frauds
Chinese investment gone bad!
Posts
No comments:
Post a Comment