News
Weekly Market Recap: Feb. 27th to Mar. 2nd
This week we saw the price of Oil fall roughly $3 to trade at $106.50, not at all what I predicted! However, I had predicted a fall in Natural Gas prices, and I was correct as it settled slightly lower ... Read More »
Market Review and Predictions: Feb. 27 to March 2, 2012
The market ended last week on a rather dull note, closing essentially flat. Relief from Europe after Greece’s debt deal was muted by fears out of Iran, and skyrocketing gas prices annoyed consumers. So, what should we expect for the ... Read More »
In Australia, Federal Politics Is A Blood Sport
Do you think the American presidential election is getting nasty? Sense any animosity between Newt Gingrich and Mitt Romney? Well, that’s all well and good, but in Australia, federal politics has turned into a battle to the death over the ... Read More »
European Stock Market, 15 February: China Helps Europe Rally
Most European stocks rallied on Wednesday as China came out and declared it would help resolve the regions debt crisis. News was not entirely positive around the continent, however. The Stoxx Europe 600 rose 0.6%, the French CAC climbed 0.4%, ... Read More »
European Stock Market, 14 February: Moody’s Downgrade Drops European Shares
One day after stocks around the globe rallied on news that Greece’s debt crisis made significant progress, credit agency Moody’s downgraded several nations in the Eurozone. Paired with word that the European Union found the Greek austerity package to be ... Read More »
Stock Market Today, Feb. 13: Indexes Forge Ahead on Greek Debt Deal
Global stock indexes rose on Monday after last night’s vote in the Greek parliament passed an austerity package that will ostensibly prevent the eastern European nation from defaulting. The Dow Jones Industrial Average increased 72.81 points (0.57%) to 12,874.04, while ... Read More »
European Stock Market, 10 February: Greek Austerity Causes Turbulence, Markets Fall
Though the term is in French and not Greek, Europe’s economy is experiencing déjà vu. Earlier this week, the Greek government was reported to have struck a deal with its coalition partners on an austerity package which would ostensibly secure ... Read More »
Stock Market Today, Feb. 9: Markets Hold on for Another Modest Gain
After another choppy opening, American stocks finished above the starting line on Thursday to set new 3-year highs. It was another slight gain for the Dow Jones Industrial Average, picking up 6.51 points (0.05%) to 12,890.46. This index is now ... Read More »
European Stock Market, 9 February: Greeks Agree to Austerity, Europe Rallies
European markets closed higher across the board on Wednesday as the Greek government agreed with its coalition partners on austerity actions. The Stoxx Europe 600 increased by 0.2%, the CAC 40 gained 0.43%, the DAX moved higher by 0.59%, the ... Read More »
Stock Market Today, Feb. 8: Indexes Barely Up After Wild Wednesday
American stock indexes bobbed above and below even on Wednesday, eking out tiny gains after European markets finished the day slightly down. The Dow Jones Industrial Average gained just 5.75 points (0.04%) to a closing average of 12,883.95. The NASDAQ ... Read More »