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More declining commodities
Posted on 10/03/2006 11:01 AM | Link | Post Comment
The market has opened under some selling pressure this morning, as commodity prices continue to decline. Some think this is forecasting a weaker than expected economy, but the flip side of that argument is just that all of the money that has flowed into commodities is now coming out in search of a new home.
Oil has dropped below the key $60 psychological level. Gold is down another $16. Bond yields are down a touch to 4.61%.
In other news and notes:
Oil has dropped below the key $60 psychological level. Gold is down another $16. Bond yields are down a touch to 4.61%.
In other news and notes:
- Did you watch The Bachelor last night? Tell the truth.
- MRVL drops after lowering revenue guidance
- PBG lowers EPS guidance
- KSS beats sales estimates; raises guidance
- DGX drops after losing lucrative UNH contract
- SWKS raises guidance
- HLX lowers guidance; says problems are short-term
long UNH
- Will The Streak End At 8?
- Sneak Peak Ahead Of The Open
- The Week Ahead
- A Mostly Flat Open
- Midday Check
Examples
Morpheus Trading - Mon Jul 21, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Morpheus Trading - Mon Jul 21, 2008 08:31AM
NOTE: Please click on the charts below to enlarge them i [read more]
NOTE: Please click on the charts below to enlarge them i [read more]
Millionaire Now! by Larry Nusbaum - Tue Jul 22, 2008 09:23AM
Hedge funds have made billions this year shorting the banks, [read more]
Hedge funds have made billions this year shorting the banks, [read more]
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