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Swiss Franc To Fall Further as Investors Raise Bets For SNB Rate Cut The Swiss franc strengthened this week to pick up 200+ points against the U.S. dollar amid the dismal GDP release however, investors are likely to turn... Daily FXPoor red gram yield expected in Gulbarga district this year Normal yield ranges from five to seven quintals an acre This year it is likely to be less than three quintals Crop protection: File photo of a red gram grower spraying pesticides in his field in Gundugurthi village in Chitapur... NewstinU.S. Stock Rally Trims Weekly Losses As Insurers Jump Higher , head of U.S. equity group at Deutsche Bank. After an early side of nearly 300 points, the Dow Jones Industrial Average ( DJI) ended at 8,635.42, up 259.18 points, or 3.1%. The blue-chip index ... bignewsnetwork.comDespite its quest for new lows, the Street has high hopes for Atwood Oceanics, Inc. (ATW) The shares of drilling diva Atwood Oceanics, Inc. (ATW: sentiment, chart, options) continued their journey into the red today, falling nearly 14% to mark a new multi-year low of %2412.60...(Read More) Schaeffersresearch.comRed Bend`s Software Implemented in Kyocera`s Katana Eclipse Handsettmcnet.com Sunanda K Datta-Ray: File and forget What's the point of information, like on Mumbai, if it cant be accessed???If the colossal intelligence failure over the Mumbai massacre highlighted the importance of information, conflicting Business StandardU.S. markets post Friday gain Wall Street finished the week on a positive note. The Dow rose 259.18 points, or 3.09 percent, to close at 8,635.42. It had closed at 8,829.04 last Friday. Nasdaq gained 63.75 points Friday to reach ... bignewsnetwork.comCA Preview: Markets Looking for 75 bps Rate Cut from the Bank of Canada (CEP News) Ottawa - The Bank of Canada will lower its key overnight lending rate by 50 basis points at its Dec. 9 policy meeting, economists say, but the OIS market is pricing in the possibility of a more aggressive 75-basis-point cut. Economic NewsThe Flaws of Fundamental Analysis Fellow Investing Insights blogger Ben Levisohn, a former stock trader, has a great article out on technical analysis. Ben explains how technicians interpret the market, and defends technical analysis against charges that it's mumbo jumbo. I remain rather skeptical of technical analysis' methods and usefulness, but it's definitely worth a read. And he makes a good point: So much for fundamental research. The Standard & Poor's (MHP) 500-stock index is down 46% from the all-time high of 1576 it hit back in October 2007. At every step of its seemingly endless decline, investors have been told one thing: Based on the fundamentals, stocks are cheap. Yet shares continue to fall. I think technicians did a pretty lousy job, too, but it's certainly true that investors and analysts who rely on fundamentals couldn't predict their way out of a paper bag this year.PIMCO's Bill Gross' monthly note -- almost always a must-read -- addresses this very issue. I think he helps explain the problem. Businessweek.comLondon shares slump 2.37% after US jobs data (AFP) London's FTSE 100 was down 2.37 percent at 4,064.97 points after news of massive job losses in the United States. Telegraph1 2 3 |
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