Uncertainty on Dubai Debt Implications Hit Markets
Stocks closed down but off session lows in light trading on Friday, as traders assessed the implication of Wednesday;'s announcement that Dubai World - a holding company that carries a majority of the...
by Larry Levin
Everyone at AvidTrader is wishing you all a wonderful day off from trading with a Happy Thanksgiving.
For us hardcore traders, however, someone pulled a fast one on us. While we were enjoying our holiday in the USA, the rest of the...
By Harry Boxer, The Technical Trader
The indices on Wednesday extended the previous session’s late rally early on with a strong thrust at the get-go in a 5-wave advance that reached up near the 2009 highs on the S&P 500 and quite a few points short...
Turkey Dreams Lull Traders in Drowsy Session
Shares were modestly higher amid light volume despite a day stuffed with economic and earnings data, as traders viewed the day as an extension of the Thanksgiving holiday that begins with market closures...
By Mike Paulenoff
It is staggering to think that spot gold prices have rocketed well beyond the Jan 1980 high, while spot silver prices are about 60% off of the 1980 high. Let’s notice that the silver price structure is heading for a confrontation...