A very important week is ahead that might set tone for rest of the quarter. Fed Chief Bernanke will be announcing on Tuesday via FOMC announcement that he has decided to keep interest rates same (my guess) as US economy can’t handle any hike at the moment. Rate cut it out of question.

Though a lot [...]

Even though the markets have been rallying recently I am not yet convinced. But I don’t fight with the markets and cautiously follow the turning points. Oil is down, Gold is down, financials are up and so is the transport. REITs are also starting to show signs of strength. Whatever you make out of it, [...]

If you are looking for a qick list of the stock showing gapping activity, here is a list for both up and down:

Gapping Up: CALM, DRYS, AAPL, APPX, BCE, FXI
Gapping Down: TEVA, GSK, BHP, GLD AAUK, DIS, MRK, MI, ABX, APKT

Most of the Asian markets closed higher. Particularly China , Hong Kong and Japan, all [...]

Apple computers (AAPL) announced solid results after market close yesterday. It reported a 36 percent jump in profit, topping estimates, on sales of Macintosh computers. The profit margin in the quarter and the forecast for the current period missed projections, sending the shares lower. We’ll see how do they behave today when market opens.

According to [...]