Latest News From The World
March kicked off with more new highs and the NASDAQ Composite index closing above 5000 for only the third time in its history. The last time the NASDAQ was at these levels was March 2000! All-time highs for the Dow and S&P 500 is not a bearish signal, but many will … Read entire story.
Source: Big Wave Trading
As the billionaires gather at Davos, it’s worth examining what’s become of their dreams By John Quiggin, The University of Queensland Gathering for their annual World Economic Forum at Davos in Switzerland this week, the world’s business and political elite will be digesting some unpleasant reading courtesy of the aid agency Oxfam International. Oxfam’s annual report […]
Economic data was on the lighter side today, but with $1 billion in POMO today the market looked to push higher. A slight hiccup in the first hour of trading gave way to steady buying into the lunch hour. Unfortunately, the highs were set at noon and the market rolled …
WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in December, a sign that low mortgage rates have yet to coax more buyers into the market.