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Article Archive | Page 3153

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Technical Market Report for May 15, 2010

May 15, 2010 at 07:41

The good news is: • With the exception of Thursday May 6, which appears to have been an anomaly in many ways, new lows have remained at non threatening…

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Dysfunctional Markets

May 14, 2010 at 19:58

For the week, the S&P500 rallied 2.2% (up 1.8% y-t-d), and the Dow gained 2.3% (up 1.8%). The S&P 400 Mid-Caps jumped 4.3% (up 8.6%), and the small cap Russell…

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Gold Technicals vs Gold Parabola!

May 14, 2010 at 19:38

Graceland Updates 4am-7am The GPP (Gold Price Parabola) is overshadowed only by the GVP (Gold Volatility Parabola) A HSR band (horizontal support and resistance band) is not a top…

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Euro: The Worst is Yet To Come

May 14, 2010 at 19:18

"If the thunder is not loud, the peasant forgets to cross himself." ~ Russian proverb I think it is a given that Greece will have to default, everyone knows this,…

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CNBC Squawkbox Europe Report

May 14, 2010 at 18:58

LET'S LOOK AT THE S&P 500 INDEX You can see the past two days have struggled and there should be a…

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What If Doug Casey Is Right?

May 14, 2010 at 18:38

Gold is once again above $1,200 and making new highs. And yet, Doug Casey thinks we're just getting started, estimating gold could touch $5,000 before this is all over. A…

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Oil Prices Drop Further in Week as Euro's Travails Continue

May 14, 2010 at 17:57

Oil Market Summary from: 05/10/2010 to 05/14/2010 Crude oil prices plunged nearly 4% on Friday and were off almost 20% from their 18-month high less than two weeks ago, as…

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EURUSD: Next Stop 2006 Lows

May 14, 2010 at 17:52

Well that was quick. I definitely would have thought that the 2009 lows in the EURUSD would have provided a little bit more buying support, but that wasn't to be.…

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Eurozone Rescue: Nuking Savers To Bailout Bankers

May 14, 2010 at 17:38

Overview To "save" the euro, the European Central Bank (ECB) chose what some economists were calling the "nuclear option". That sounds dramatic, but for non-economists: what does it mean? Why…

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Never Complain. Never Explain.

May 14, 2010 at 17:18

The key news of the day, of course, was that NBC canceled long-running show Law & Order after 20 years. The leaves NBC with only the various spin-offs: Law &…