Industry, Consumers Feel Pinch as Dow Slips Further
Last week the Dow broke below the key 9924 support level, re-tested it as resistance, and continued its downward slide - currently consolidating into a range between 8487 and 9376.… More…
The AUD/USD pair has shed over 3500 pips in a dramatic sell-off which has lasted since July. Have we finally found a bottom?… More…
Last week the Dow broke below the key 9924 support level, re-tested it as resistance, and continued its downward slide - currently consolidating into a range between 8487 and 9376.… More…
Traditionally thought of as a safe-haven during periods of high inflation or market uncertainly, this shiny yellow metal has been moving by over $100 per ounce on some recent days. But there's more to the story than just the recent market panics.… More…
Since this issue comes up quite often, I thought I'd cover it right off the bat. First, let me preface by saying I am not a tax or accounting professional, and I highly suggest that you consult one prior to following this or any other tax-related advice. I happen to know one of the best, however - Robert Green - and there's a link to his site below.… More…
The Euro has fallen sharply against the US Dollar in recent weeks, finally finding a bottom a few days ago at 1.3332, which corresponds with a 61.8% Fibonacci retracement from the all-time high of 1.6037… More…
The United States Senate today approved the revised and expanded $700 billion dollar bailout bill with a vote of 74 to 25. Now the bill returns to the House of Representatives for a re-vote on Friday, before heading to President Bush to be signed into law.… More…