The new rescue plan passed by the Senate worth a total of over 800 billion (in cash and tax breaks) was greeted with cold shoulders by investors today as skepticism remains on the eventual outcome by the Congress. Investors were also bombarded today by a.
Topics: fundamental analysis, technical analysis

Are we reaching the bottom of the well yet? Today's economic data alerted me to the possibility that the end of the crisis may be near. The ISM index hit the lowest level since 2001 today with only 43.5. The ISM index measures manufacturing activity..
Topics: fundamental analysis, technical analysis

The Dow surged over 400 points today in what looks like a sweet bull trap. Everything rebounded today for no strong reason, making it a classic bull trap setup. Many forex traders who fell for the dollar bear trap also woke up to rude awakening when the..
Topics: fundamental analysis, technical analysis

Yes, this is the headline on almost every respectable news wire today and I have decided to use this headline today as well. The Dow made a historical plunge today as floor traders across the US buried their faces in their hands in despair. There's...

The first week of every month is the most volatile week of each month because of the release of several heavy-weight economic indicators all in one week (Jobs report, ISM index. See economic calendar ). This week is made even more volatile with...
Topics: fundamental analysis, technical analysis