S&P Driven by 3M & Exxon, But Mostly by Facebook

Jan 30 2014 @ 11:55
We have grown accustomed over the years to icons like 3M (NYSE:MMM) and Exxon Mobil (NYSE:XOM) impacting the S&P 500, which they are doing today following the publication of their annual results. At this early stage of the day, having posted less than desirable results, Exxon shares are down 1.72%, and, having posted excellent results, […]

What We Learned from Obama's State of the Union Speech

Jan 30 2014 @ 11:53

A Complete List of Everything That Obama Will Do to Help the American and World Economy

Jan 29 2014 @ 10:44
Yeah. I couldn’t find anything either.

USD/JPY without significant changes after the 2014 State of the Union address

Jan 28 2014 @ 22:43
Like other JPY pairs, the USD/JPY started the Asian session on bullish road, facing resistance at the 103.28 level. For the American session today, it is expected that all the USD pairs will have volatile movements, as the Fed chairman, Ben Bernanke, will have its last meeting as the leader of the Federal Reserve of […]

This Week Promises to be a Wild Ride

Jan 27 2014 @ 13:30
Actually, the ride started last week when the FTSE 100 climbed to lofty heights, tantalizing investors with the possibility that the index would establish a new high. Then, just as it seemed possible, the FTSE plunged to it’s current level of 6578. It looks like we’ll have to start the ride over in order to […]

Energy Investors, Beware!

Jan 09 2014 @ 09:44
“When historians write this story 10 or 20 years from now, they are going to look at a very different U.S. Everything has changed.” That was the forecast of Philip Verleger, energy sector guru and former director of energy policy at the U.S. Treasury Department, in an article published this week. Energy Investors, Beware! Your […]

The Wheels Fall off the IPF Bus

Dec 27 2013 @ 14:30
The wheels fell off of the International Personal Finance (LSE:IPF) bus today as its share price slammed into a wall, dropping 84.80 pence (15.7%) from 545.50 to 455.80.  In an apparent attempt to not spoil Christmas, IPF withheld an important announcement until the last half hour of the Christmas Eve trading day. It is now […]

US Treasury sells remaining GM common stock

Dec 11 2013 @ 06:07
As the Troubled Asset Relief Program (TARP) continues to wind down, the U.S. Department of the Treasury has announced that it has sold all of the remaining shares of General Motors (NYSE:GM) (GM) common stock.  “The President’s leadership in responding to the financial crisis helped stabilize the auto industry, and prevent another Great Depression. With […]

US sees short-term sense; Market hunger for risk appetite; IPO-show continues - Accendo Markets Weekly Roundup

Oct 18 2013 @ 12:20
Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, This was the week that US politicians finally saw the error of their ways and pulled their country back from the brink of debt default, albeit by delaying the inevitable for just a few months meaning we’re likely to […]

At least the ‘noise' is early in the week - Accendo Markets - FTSE 100 Index Focus

Oct 15 2013 @ 08:41
Mike van Dulken, Head of Research at Accendo Markets, commented to clients this morning; We’re getting another batch of positive noises from Washington regarding a deal to re-open government, sort out a short-term budget and delay the debt ceiling. For once, at least it is early in the week, rather than a tease into the […]
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