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Market Commentary: Averages Gap Down At The Opening, China Worries At Forefront
Article By:
John Lounsbury
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Friday, January 24, 2014 10:00 AM EDT
The markets have finally dropped down below the sideways channel they have been in over 20 sessions but stopped at the technical support.
Chart Of The Day - Minco Gold Corp (MGH)
Article By:
Jim Van Meerten
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Friday, January 24, 2014 9:41 AM EDT
MGH is a small cap stock that should only be considered by aggressive investors who have many other investments and can take a small position in a highly speculative stock.
In this article: MGH
Bank Of America Head Technician: "Our Bullish View Is Invalidated, Going Neutral; Below 1806 Spells Trouble"
Article By:
Tyler Durden
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Friday, January 24, 2014 8:58 AM EDT
Gold becomes "explosive" as the squeeze trap slams shut, which explains why the shorts are desperately defending the critical resistance redline. Let's also look at the two other key correlation pairs: the S&P500 and the USDJPY.
Indian Tragedy
Article By:
Vivian Lewis
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Thursday, January 23, 2014 10:17 PM EDT
Suicide, boycotts, takeovers and more. Investing updates from India, China, Finland, Brazil, Norway, Canada, Israel, Ireland, and Britain.
In this article: JPM, IBM, LNVGY, MNHVF, ABV, ISCHF, AGU, NRBAY, SAXPF, ORA, COV, GSK, TEVA, CGEN, CAE
The Risk-on Trade Sends Emerging Markets Currencies To New Lows
Article By:
Sober Look
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Thursday, January 23, 2014 9:15 PM EDT
Today's China-induced "risk-off" trade sent emerging markets currencies into a sharp decline. As discussed before Turkey and South Africa have been hit the hardest recently and today touched fresh all-time lows.
Is The China Bank Run Beginning? Farmers Co-Op Unable To Pay Depositors
Article By:
Tyler Durden
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Thursday, January 23, 2014 4:57 PM EDT
Reasons to worry: no money, locked doors.
Thursday Fake-Out – Weak Dollar Props Up Weak Markets
Article By:
Phil Davis
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Thursday, January 23, 2014 3:35 PM EDT
The rally is looking a little tired. Despite repeated doses of Central Bankster stimulus, we just can't seem to get a proper breakout over our key levels. Yesterday's volume was so low we may as well have been closed yet despite all the "good" news the S&P only made a perfunctory attempt at 1,850 and barely held 1,840 in the end.
Bitcoin 101: What Is A Bitcoin And How Do I Mine Them?
Article By:
TalkMarkets DailyTalk
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Thursday, January 23, 2014 3:27 PM EDT
As more and more retailers, such as Overstock and TigerDirect, start accepting the digital currency, it may be time to finally understand what bitcoins are and how to mine some digital coins yourself.
New Jobless Claims At 326K, In Line With Expectations
Article By:
Doug Short
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Thursday, January 23, 2014 2:39 PM EDT
The Unemployment Insurance Weekly Claims Report was released this morning for last week.
A Stunning 63% Of Florida December Home Purchases Were "All Cash"
Article By:
Tyler Durden
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Thursday, January 23, 2014 2:22 PM EDT
When we wrote that 60% Of All Home Purchases Are "Cash Only" back in August, many laughed, unable to fathom that the majority of the US housing market has become a flippers' game played by institutions and the uber wealthy.
Metals And Stock Market Will Swap Trends (Part 2)
Article By:
Chris Vermeulen
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Thursday, January 23, 2014 1:08 PM EDT
Two trend reversals are about to take place, but they have not yet started.
Herbalife Plunges After Massachusetts Senator Calls For Investigation
Article By:
Tyler Durden
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Thursday, January 23, 2014 12:15 PM EDT
Senator Edward Markey asked for more information about HLF's business practices.
In this article: HLF
