As Facebook joins the roughly 5,100 public companies trading on major exchanges in the United States, only a week ago shares were swapping hands on a...
Investing in Secondary Markets
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Markets stabilizing; USD dipping
EUR/USD is recovering, back to 1.4032, as equity prices and commodities turn positive on the session again. The unemployment report continues to be chewed over by the market several hours later, an unusual situation, to say he least. The debate will have fewer participants than normal this...
Tata Motors and Its Bet on Air Powered Cars
If you aren’t familiar with Tata Motors (NYSE: TTM), allow me to introduce them to you. Founded in 1945, today Tata Motors is India’s...
Roubini index Vs VIX- or are they one and the same?
Here’s an interesting perspective from istockanalyst. The rise in the VIX correlates almost perfectly with the drop in google searches for Mr...
GBPUSD has formed a cycle top at 1.6516
GBPUSD has formed a cycle top at 1.6516 on 4-hour chart. The fall from 1.6516 is now treated as consolidation of downtrend from 1.6745. Another...
EUR/USD, Cable bounce from lows
EUR/USD is bouncing, now at 1.4030 from lows in the 1.4010 region. Dealers report another batch of stop-loss sell orders just below the 1.40 level. Cable traded down to 1.6000 before bouncing to 1.6030. Commodities have turned lower on the day and stocks are threathening to do the same. US bond...