Trading and Investing

In case of forex market different countries are involved and trading is done in huge amount of million of dollars. The major difference between forex and stock market is that it is much bigger than that. Big government bodies and companies like Merrill Lynch, Morgan Stanley, Braclays, Goldman Sachs are involved in it. If you don’t want to loose money in currency trading then first step should be to contact broker assistance firm. There is no limitation that who can and who can't join it but... Read Full Story

The U.S. stock indexes closed firmer today after being under modest selling pressure much of the session. Prices rebounded from Friday's sell off as worries about the Dubai debt crisis eased a bit. The stock index bulls still have the overall near term technical advantage. However, don't be surprised to see some more profit taking pressure in the stock indexes heading into the holidays. Traders are awaiting Friday morning's important U.S. jobs data. Monday evening's crude oil pivot point 76... Read Full Story

If you are interested in investing in commodities than you can invest in a commodity mutual fund! Many people are not aware that commodities as an asset class has a lot of potential especially in the 21st century. It is being predicted that the 21st century belongs to the commodities. Related posts: Master Limited Partnership (Part II) You as an investor should make yourself well acquainted with... Master Limited Partnership (Part I) Investing in commodities may be something that... Read Full Story

U.S. markets turn lower Tuesday NEW YORK, Nov. 24 (UPI) -- U.S. markets put on the brakes Tuesday after the Commerce Department lowered its third quarter gross domestic product estimate. Commerce said higher imports and smaller business inventories contributed to the revision. A month ago, Commerce put the GDP at 3.5 percent for the third quarter. On Tuesday, it released a revised figure of 2.8 percent. In late morning trading, the Dow Jones industrial average lost 72.93 points, 0.7... Read Full Story

Crude oil was lower due to profit taking overnight as it consolidates some of this week's rally. Stochastics and the RSI are turning neutral signaling that sideways to lower prices are possible near term. Closes below last Friday's low crossing at 75.57 would renew the decline off October's high. If December renews this week's rally, the reaction high crossing at 81.06 is the next upside target. Friday's pivot point, our line in the sand is 78.69 First resistance is Wednesday's high crossing... Read Full Story

Crude oil was lower overnight as it extends last week's decline. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near term. Closes below the reaction low crossing at 76.27 would renew the decline off October's high. If January renews this fall's rally, October's high crossing at 82.58 is the next upside target. Tuesday's pivot point, our line in the sand is 78.21 First resistance is last Wednesday's high crossing at 80.88 Second resistance is this... Read Full Story

Citigroup (NYSE: C) stated today that it has named Willem Buiter as chief economist, effective January 2010. Buiter is currently Professor of Political Economy at the London School of Economics. Since 2005, he has been a consultant with Goldman Sachs (NYSE: GS) advising clients on a global basis. He "will work across the entire Citi platform as a senior adviser on global economic issues," the company disclosed in a press release. –MarketWatch Coca-Cola (NYSE: KO), the world’s largest soft... Read Full Story

posted by Jason65 3 hours ago in USD , Oil made popular 1 hour 43 minutes ago Crude oil prices declined on Tuesday and touched a low of $72.43/bbl as a stronger dollar exerted pressure on prices. But oil prices managed to close above yesterday’s low as the American Petroleum Institute (API) indicated that crude oil inventories slipped by 5.82 million barrels last week. Read Full Story

Crude oil was higher overnight as it consolidates some of last week's decline. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near term. Closes below the reaction low crossing at 76.27 would renew the decline off October's high. If January renews this fall's rally, October's high crossing at 82.58 is the next upside target. Monday's pivot point, our line in the sand is 77.69 First resistance is last Wednesday's high crossing at 80.88 Second... Read Full Story

The discovery of the Internet has brought about many changes in the way we lead our lives and our own business. We can take care of our bills online, go shopping online, go banking online, and even make a date online! One can even buy and participate in online stock trading. Online stock investors like having the capability of viewing their stock investment accounts whenever they need to, and online stock brokers like having the facility to take stock orders over the... Read Full Story