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Asian markets tumble on economic concerns

May 14, 2009 5:46AM

RTTNews - The markets across the Asia-Pacific region tumbled on Thursday after dismal U.S. April retail sales and a troubling rise in home foreclosures made investors skeptical about the possibility of a quick global economic recovery. Besides, a fall in commodity prices and lower U.S. index futures... Read more

United States

Asian markets close mixed

May 12, 2009 6:01AM

Asian markets recovered partially and closed mixed on Tuesday amid continued profit taking following a strong rally last week. While a worse-than-expected Chinese trade data for April weighed on investor sentiment, markets in China and Hong Kong advanced on stronger-than-expected investment data. Read more

United States

Asian shares tumble on global economy doubts

May 12, 2009 3:00AM

Asian shares fell for a second straight session on Tuesday as some of the confidence that fueled a rally in stocks to seven-month highs was undermined by reports highlighting economic weakness. Read more

United States

Asian shares hit seven-month high but some see pullback

May 11, 2009 3:08AM

Asian shares rose to their highest in seven months while the safe-haven dollar extended its decline on Monday, but warnings about an impending turnaround are growing amid weak corporate results and views that any global recovery will only be gradual. Read more

United States

Epic Insights Expanded 4-28-2009

Apr 27, 2009 11:59AM

By being long of GS and short an equal amount of MS, you eliminate the broad market and focus on the difference between the firms. Following this strategy in my weekly newsletter EPIC Insights, I recommend a long position in GS and a short position in MS as this week’s fundamental trade. Read more

United States

Airline stocks down

Apr 20, 2009 5:21PM

Airline stocks were down Monday as the Dow Jones Industrial Average declined 130 points to 8,001 after the Air Transport Association posted its March passenger revenue fell 23 percent in the United States. Read more

United States

GE profits beats expectation, shares rise

Apr 17, 2009 2:45PM

General Electric Co said Friday its quarterly profit fell 36 percent; however, shares rose on analyst rates despite wobbly and high demand in loan in the economic environment. Read more

United States

US Treasury to sell $55 bln bills

Apr 16, 2009 3:58PM

The US Treasury said Thursday it will sell $55 billion offering worth of 3-month and 6-month bills. Read more

United States

The S&P Report :Bullish into the New Week

Apr 13, 2009 1:23PM

My internal indicators are currently bullish as of Friday last week. We retested the November low and got our tradable rally. Read more

United States

The Equity Futures Report 04/09/2009

Apr 10, 2009 11:25AM

US Equities jumped on the “Easter Parade”, with financial posting a stellar rise after Wells Fargo, the 4th largest US bank, reported their 1st quarter earnings 10 days early. Read more

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