Stock Market Buy Signal Suggests Early Week Upside Reversal

Stock Market Buy Signal Suggests Early Week Upside Reversal Stock-Markets / Stock Index Trading Jan 24, 2010 - 04:09 AM By: Angelo Campione The system for the SPY is on a Buy signal 75% Long Well, what a week! Tuesday started with a rally that took us to the highest close in 16 months and then we finished the week with a loss of over 5%! The question now: Is this the end of the rally that started around a year ago? i.e. is it time to run for the hills? It seems that we could get a bigger correction...

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Obama Moves to Restrict Banks

The White House wants commercial banks that take deposits from customers to be barred from investing on behalf of the bank itself—what's known as proprietary trading—and said the administration will seek new limits on the size and concentration of financial institutions.

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European markets' choice: Cut milliseconds or die

European markets' choice: Cut milliseconds or die Wed Dec 2, 2009 1:24am EST By Jane Baird LONDON (Reuters) - Increasing demand for instantaneous trading is driving Europe's stock exchanges and other equities markets to spend heavily on technology to stay competitive -- and not all of the 33 players will survive. Small venues that cannot attract enough liquidity or afford to keep up with rivals are likely to fall by the wayside or become niche venues dedicated to specialized domestic markets. "In the end, you are going to see three or four major execution venues account for close to 80...

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The Truth About High-Frequency Trading (they are dominated by a few major players)

The price of virtually everything — from stocks to bonds to the food on your plate — is now influenced by high-frequency trading. This type of trading might seem mysterious or complicated, but it's generally just a fancy name for an old and boring practice: market making. High-frequency trading effectively becomes market making simply by offering to both buy an asset at a given price and sell it a fraction higher. High-frequency traders just change these prices much faster than ever before — mere nanoseconds between orders — reacting in real time to how other investors trade with them. Many...

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One Thousand Reserve Notes Per Ounce...Really?

One-thousand Federal Reserve Notes per troy ounce! This past week gold edged over $1000 to close at its highest levels ever witnessed. This much-maligned investment has nearly quadrupled since its secular bull's humble beginnings in April 2001, a fantastic 297% gain compared to the S&P 500's pathetic 7% loss over this 8+ year span. With gold being the best-performing major asset of this decade, and now surpassing the once-unthinkable $1000 mark, many investors are growing wary of its future prospects. Is gold too high today? Are $1000+ levels unsustainable? Is gold's secular bull nearing its end after this metal's epic...

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Lawmakers' inside advantage to trading

Company executives are forbidden from trading stocks using insider knowledge, but no such law exists to prevent members of Congress from doing so. Steve Henn reports. Kai Ryssdal: Insider trading is among the biggest of big-time no-no's. If you know something not everybody else does, you just aren't allowed to act on it. Corporate executives know there are laws against it. But there's nothing that says that lawmakers can't act on inside information they get just by doing their jobs. Marketplace's Steve Henn reports from Washington. STEVE HENN: A year ago this week Treasury Secretary Hank Paulson and Fed Chairman...

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At $1000/oz Can Gold Be Cheap?

Last week when gold started flirting with $1000, the gold stocks caught a serious bid. On an impressive 3.8% 2-day gold rally, the flagship HUI unhedged gold-stock index rocketed 15.7% higher! And the volume in this index's elite gold stocks was staggering those 2 days, 2.8x the 3-month average. This blisteringly-fast surge easily drove the HUI up to new 2009 highs, eclipsing the 398 witnessed in early June. To see any stock index blast nearly 16% higher in a couple days is exceedingly rare, so naturally all this excitement captivated traders. But it also led to growing fears that this...

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Commodity Trading, Which Way Will the Dollar go?

Mid-Week Gold, Silver, Nat Gas & Oil Update So far this week we have seen commodities move sideways with traders and investors waiting for the US Dollar to rally or continue dropping, which will trigger the commodities to move. I have provided some below charts showing where prices currently stand. GLD Gold Trading Fund - Weekly Chart As you can see on this weekly chart gold has been consolidating for the past 5 months. This bullish pennant pattern is hinting that prices will breakout to the up side in the coming weeks. If for some reason we see the USD...

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