Jackson Hole

Posted August 31, 2012 19:20 This morning Mr. Ben Bernanke spoke about monetary policy. Even though he didn’t say that the Fed was going to announce ‘QE3’ during its September meeting, Mr. Bernanke, Chairman of the Federal Reserve, did give a clear enough signal (at...

What a Week!

Posted June 24, 2012 10:20 Sunday night, the markets got some relief as the New Democracy Party won in Greece’s election. Because of this, the market was able to rally during the Monday trading session. Despite being dealt some positive news, traders were eying the...

Oversold Bounce?

Posted June 10, 2012 18:11 This past week, the market had a huge rally. It all started on Sunday night when the futures were down almost 100 points. But then came Monday morning and the futures were null. This was the first sign that the market was turning around. The...

Jobs Report

Posted April 8, 2012 14:25 To be blunt, the jobs report that came out on Friday was abysmal. The report showed stagnated growth and proves that the US economy is still in deep trouble. Over the past few months, mostly everyone has been very optimistic on the economy....