Gold •100 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 994.40 | +18.20 | +1.86% | |
WTI Crude •8 hours | 75.56 | -0.29 | -0.38% | |
Gasoline •8 hours | 2.152 | +0.001 | +0.03% | |
Ethanol •100 days | 2.161 | +0.000 | +0.00% | |
Silver •100 days | 30.82 | +1.16 | +3.92% |
Silver • 100 days | 30.82 | +1.16 | +3.92% | ||
Copper • 100 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 7 hours | 79.04 | -0.36 | -0.45% | ||
Natural Gas • 8 hours | 2.632 | -0.043 | -1.61% | ||
Heating Oil • 8 hours | 2.344 | -0.007 | -0.30% |
Contributor since: 26 Feb 2010
The semiconductor industry has become a popular item of discussion among Wall Street analysts and financial journalists. Everyone seems to think that the semis will…
A couple more telecom companies went bankrupt today. Metricom, the provider of Ricochet wireless Internet service, and Covad Communications, one of the many DSL providers…
Second quarter earnings are wrapping up and according to FirstCall the S&P 500 earnings will be 17% lower than the year-ago period. Furthermore, companies are…
Its the middle of earnings season and companies one after another are guiding down estimates for the third quarter. Most companies are fessing up regarding…
With today's 25 basis point cut by the Fed, the real interest rate got a little closer to negative. With the latest CPI running at…
As the technology bubble deflates, the severity of mismanagement, and malinvestment grows more evident. Last Friday, Nortel announced that it is will not meet expectations,…
Ever since the U.S. stock market started to swoon, economists have been waiting for the "negative wealth effect" to slow the over-consumption spree. Much to…
With a bounce in consumer confidence and a bump in personal spending, it looks like the consumer got a second wind. The Conference Boards index…
There is very little economic news out this week. All eyes will be on Friday's release of the revised first quarter GDP. Economists expect GDP…
The latest consumer credit data suggest that the American consumer might be starting to retrench and curb the reckless spending spree of the past several…
The flurry of corporate earning releases is winding down. Industrial companies concentrated their statements to three over-riding themes. Companies were generally cautiously optimistic. They saw…
Well, Greenspan pulled the surprise rate cut yet again. However, the current economic data does little to support Greenspans actions today. Yesterday, industrial production ticked…
All the bulls that were asking how much lower can stocks go are starting to get answers this week. The Internet software companies proved how…
California finally bit the bullet and raised electricity rates. With California accounting for almost 14% of the entire US economy, this inflation is bound to…
With Doug Noland just waking up as the markets close here (Doug has moved to Sydney, see the latest Credit Bubble Bulletin for details), I…
Trading centered on expectations on what the Federal Reserve will do and say next week. Credit markets were shocked Tuesday when a Market News report…
One could say that a two-tiered stock market has developed this week. While the technology rout continues in full force, the Dow and many blue-chip…
There were very few places for bulls to hide so far this week as the market continued the sell-off that started late last week. Internet…
Unsettled conditions have not abated in global equity markets, with technology issues coming under the most intense selling pressure. So far this week, the Dow…
Thus far, it is a typically volatile "triple-witch" option-expiration week. The NASDAQ100 traded in a 3% intra-day range Monday and 4% yesterday and today. At…