Category: General

Stocks May Move Sharply Lower Amid Renewed Europe Worries

Posted on by The INO.com Team

(RTTNews) - Stocks are likely to come under pressure in early trading on Monday amid renewed concerns about the financial situation in Europe. The major index futures are currently pointing to a sharply lower open for the markets, with the Dow futures down by 210 points.

The downward momentum for the markets comes as worries about the ongoing European debt crisis have resurfaced amid indications that Spain could require a full bailout. Continue reading "Stocks May Move Sharply Lower Amid Renewed Europe Worries" →

Profiting from Europe's New Gold Rush

Posted on by The INO.com Team

By Jeff Clark, Casey Research

Europe owns a sizable chunk of the world's natural resources.

Over the past few decades, however, EU countries have mostly imported their resources.

Outlandish? Maybe.

But it was simply easier, cheaper, and most importantly it avoided most environmental conflicts. Continue reading "Profiting from Europe's New Gold Rush" →

Friday Evening Commentary for the Indexes

Posted on by The INO.com Team

The September NASDAQ 100 closed sharply lower on Friday as it consolidated some of the rally off last week's low. The low-range close sets the stage for a steady to lower opening when Monday's night session begins trading. Stochastics and the RSI remain bullish signaling that sideways to higher prices are possible near-term. Continue reading "Friday Evening Commentary for the Indexes" →

Haunted by Europe, US market can't get ahead

Posted on by The INO.com Team

(AP:NEW YORK) For the past few days, the U.S. stock market was able to forget about problems in Europe.

Friday put Europe squarely back in the spotlight.

U.S. stocks fell sharply as escalating problems in Spain jolted investors. Spain's stock market plunged 6 percent and its borrowing costs spiked after a regional government asked for a financial lifeline.

The drop on Wall Street, which sent the Dow Jones industrial average down as much as 133 points, marked a U-turn for the market. Stocks had risen over the past three days as investors focused on healthy earnings from U.S. companies like Mattel, Honeywell and Coca-Cola. Continue reading "Haunted by Europe, US market can't get ahead" →

Chart to Watch

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Qualcomm Inc. (QCOM) Continue reading "Chart to Watch" →