U.S. Stock Markets Disconnected from Reality

by John Browne – Senior Market Strategist, Euro Pacific Capital Earlier this year, I predicted that the 2009 rally in U.S. stocks could bring the Dow Jones Index as high as 10,000. It looks like that level has been achieved. If, at this point, the index reverses course, I would have made a fairly good prediction. However, it is important to get beyond the charts and look at the fundamentals. The furious six-month rally in the stock market has certainly not been mirrored by the economy as a
Posted under Futures Trading Systems by Content Keyword RSS on Wednesday 14 October 2009 at 7:54 pm

Barney Frank Vows To Sharpen Derivatives Bill

The derivatives reform draft legislation before the House Financial Services Committee, authored by Rep. Barney Frank (D-Mass.), contains significant loopholes, exempting the firms that used derivatives for the purposes of "risk management," Bloomberg News reported last week. That led to criticism from Commodity Futures Trading Commission chairman Gary Gensler, who urged the closing of those loopholes. On today's Morning Meeting , Frank was asked about the exemptions by host Dylan Ratiga
Posted under Futures Trading Systems by Content Keyword RSS on Wednesday 14 October 2009 at 1:54 pm

DJ comeback: Stock market?s best-known barometer passes 10,000 for 1st time in a year

DJ industrials pass 10,000 for 1st time in a year NEW YORK ? The Dow Jones industrial average has reclaimed 10,000 for the first time in a year. The Dow crossed five figures in afternoon trading Wednesday, seven months after it hit a 12-year low of 6,547.05 on March 9. The comeback by the stock market's best-known [...]
Posted under Futures Trading Systems by Content Keyword RSS on Wednesday 14 October 2009 at 10:31 am

Time Frames For Swing Traders

Time Frames For Swing Traders by Ahmad HassamA swing trader may have started as a day trader. As the market kept moving in the desired direction, either they scaled out of a portion of the position, set a stop loss objective and kept the trade running.A swing trader is also considered to be a mini position holder. Regardless of how a swing trader started, they need to focus on higher degree time frames and spend less time on 5-15 minutes time frames.5-15 minutes charts will generate too
Posted under Futures Trading Systems by Content Keyword RSS on Wednesday 14 October 2009 at 8:45 am

RailAmerica Shares Go Downhill in Debut

It seems the track hasn’t been too smooth for RailAmerica as it seeks to traverse the public markets.Shares of the North American railroad company, acquired by Fortress Investment Group in 2007, dropped Tuesday on their first day of public trading, The Associated Press reported.The Jacksonville, Fla.-based operator of short line and regional railroads in Canada and the U.S. set a price of $15 a share late Monday for the offering of 22 million of its shares. That raised $330 million before expens
Posted under Futures Trading Systems by Content Keyword RSS on Wednesday 14 October 2009 at 2:44 am