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More heartening news from China didn’t spark any breakouts by Chinese ADRs, which are mostly in a sorry state. Beijing’s policymakers have shown more proof that they’ve changed course: The yearlong fight to suppress inflation is shifting to economy-boosting efforts. That means money-tightening policies are reversing course. Easier credit hopefully will fight the economic drag [...]
Several parts of the medical sector are in the pink. Three medical industry groups are in the top 11 of IBD’s 197 groups, based on six-month price performance. A fourth is No. 30. The overall sector is held back by the four additional medical industry groups that are in the bottom 30 of IBD’s 197, [...]
Philosopher Jacques Maritain once observed that the shortcoming of modern times is “the primacy of verification over truth.” Many people determine what is true, and then forget about it, rather than let it nourish their lives, Maritain said. So it is with investing. View Enlarged Image The hardest challenge of investing isn’t learning all the probability-based rules [...]
What’s Expected: Time of release: 01/20/2012 12:00 GMT, 7:00 EST Primary Pair Impact: USDCAD Expected: 2.7% Previous: 2.9% DailyFX Forecast: 2.5% to 2.8% Why Is This Event Important: Consumer prices in Canada are expected to increase at an annualized 2.7% in December, and the slower rate of inflation could spark a bearish reaction in the loonie as the development dampens expectations for [...]
The Euro is looking to mount its first major short-term correction in several weeks, with the market attempting to establish back above the previous weekly highs by 1.2880. Market participants have found some renewed confidence in the single currency despite all the troubles in the region with the news that the IMF will be looking [...]
Gold slipped on Thursday by 0.33% and reached $1,654.5; silver also decreased by 0.11% and reached $30.51. During January, gold increased by 5.6% and silver by 9.29%. U.S Housing Starts Fell by 4.1% According to a recent report, privately owned Housing starts fell in by 4.1%; nevertheless, the annual rate for December 2011 was 24.9% [...]
The world faces another economic catastrophe worse than the European debt crisis and the 2008 financial crisis, according to the authors of the best-seller “Aftershock.” Cindy Spitzer and brothers David and Robert Wiedemer contend people need to dump stocks and preserve their money in gold, silver and short-term bonds. As the managing director of Bethesda, [...]
The global stock market saw some wild swings Wednesday, as investors digested the implications of the Longer Term Refinancing Operation, the European Central Bank’s recharged vehicle to help refinance the Continent’s cash-strapped banks. Expectations of some sort of ECB lending operation helped spark Tuesday’s gains, including the follow-through move in the U.S. market. News of [...]
BE Aerospace (BEAV), the world’s biggest maker of interior components for commercial airliners, is forming a cup-with-handle base. The stock has found support at its 10-week line, which has been rising. Look for the stock to clear resistance around 40. BE, which makes seats, drink carts and other products, got a boost last week when aircraft [...]
2012 may be a New Year, but asset managers for the most part expect the same old stomach-churning volatility. IBD asked big money managers to share their potentially most profitable ETF investing strategies for the tough market they see ahead. • Alan Zafran, partner at Luminous Capital in Menlo Park, Calif., with $4.7 billion in assets [...]