Tag: US Markets
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Where Are We Heading Now?
Tough Markets, the worst June for Dow since the great depression of early 30s. The Dow is down nearly 9.5%, S&P500 nearly 8%, RUT nearly 5.5% and Nasdaq nearly 7.5% for the month of June so far and we still have one more trading day left. Dow Jones industrial average is down nearly 20% since…
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Interest Rates – Increase or Flat?
There are two major economic indicators due today. Durable good order at 8:30am US EST and of course the FOMC announcement at 2:15pm. Markets may not move as much in the morning but expect the big move around 2:15pm to 2:30pm. Implied volatility of the July options will rise before falling back after the announcement.…
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Obama, US and The Change
Sen. Barack Obama won the Democratic Party’s presidential nomination Tuesday, becoming the first African-American to be nominated for president by a major U.S. political party, dealing a stunning defeat to one-time front-runner Sen. Hillary Clinton and bringing to a dramatic close an unprecedented and historic primary race in American politics. Marketwatch a full story, read…