Posted on May 29th, 2007 by TraderX
Markets were higher this morning, then dropped mid-day. The NASDAQ has held strong throughout the day. A string of deals has helped keep the market up. Oil is trading lower today, the entire energy complex is down as well. However, we have seen the market correct mid-day once again. Lately the markets have not been […]
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Filed under: Economy & Markets
Posted on May 14th, 2007 by TraderX
Overall markets are somewhat negative today. The broader market is loosing steam as the trading day goes on. The S&P 500 and NASDAQ are among the index losers. The Dow remains stronger about unchanged for the day so far.
Last week was interesting as we witnessed a 150 point sell off in the Dow and a […]
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Filed under: Economy & Markets, Market Sentiment
Posted on May 10th, 2007 by TraderX
Over the past several years the shares of some of Americ’as largest exchanges have soared. Numerous initial public offererings have come to the public landscape including the Chicago Merc (NY:CME), New York Stock Exchange (NY:NYX), NASDAQ (NAS:NDAQ) and the NYMEX (NY:NMX).
The returns of all exchange IPO’s are impressive. When NYMEX opened last year the stock […]
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Filed under: Fundamental Research, Sector Watch
Posted on May 7th, 2007 by TraderX
Crude prices recently have been selling off. The June contract has been seeing some profit taking in the past 8 trading days. Crude has fallen about 8% in the past two weeks as investors are taking some money off the table in lieu of some bearish reports.
Crude which trades on the NYMEX is currently around […]
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Filed under: Commodities, Energy, Time To Buy
Posted on May 3rd, 2007 by TraderX
Investing is no simple walk in the park. There are all kinds of investors out there, long term, short term, buy and hold, swing traders, etc. You name it theirs a kind of investor or trader for it.
One area of investing I have found was investing in Canadian Energy Trusts. I have had great success […]
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Filed under: Commodities, Energy