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Day Trading the Fed Announcement

Fed Day is know to create wild volatility in the markets, creating day trading opportunities like no other day.  All day traders circle this day on the calendar – some in anticipation of amazing day trading opportunities, some in anticipation of taking the day off. It seems that the markets behave differently all day, even [...]

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Easy There, Neil Armstrong – Day Trading

We are all familiar with Neil Armstrong – that, or our elementary school teachers are failing miserably. Just in case you don’t know, Neil Armstrong was the first man to walk on the moon. This was an amazing feat for a fledgling space program, and demonstrated our country’s dominance and superiority over the rival USSR. [...]

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Is The Recession Really Over? – A Day Trading Perspective

Today our great nation received exciting economic news. For the first time in over a year, the United States Gross Domestic Product actually reflected a GAIN! Investors jumped back into the markets, and predictably, the market enjoyed a nice rebound (which created great day trading profit opportunities – more on that later) So this means [...]

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Day Trading And Home Values

It is widely believed that housing drives the national economy. Supporting this theory is the fact that the current economic collapse started with a collapse in home values. And after the housing collapse, the stock market followed, taking down millions and millions of American’s retirement and investment accounts with it. Many people believe that the [...]

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Beware the Banks

As we are plunging headlong into Earnings Season, we are about to get a reality check. The markets have been pushing upward for weeks now, based primarily on expectations for increased earnings. Today, the markets felt a bit of turmoil as Johnson & Johnson became the first big-time disappointment. But no catastrophic collapse yet. But [...]

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Foreclosures still on the rise…So what does this mean for day traders?

Every day, more and more people are losing their homes to foreclosure.  In fact, a new foreclosure filing occurs every 13 seconds!  That’s 6,650 a day, or 2,427,250 a year! There have been various government programs put into place to counteract the rising foreclosure problem, but these programs are obviously not working. Rapidly increasing foreclosures [...]

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Stocks Near Year-Long Highs…But Will It Last?

Optimism has struck the Markets. But is in unbridled, and unfounded optimism?  What happened to all the pessimists? The markets are approaching 2009 highs, which makes me wonder why?  I know that many investors are anticipating strong (relatively speaking) 3rd quarter earnings. But based on what?  With the mortgage/real estate crises deepening, the entire financial [...]

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When Nouriel Roubini talks, you’d BETTER listen!

Do you know Nouriel Roubini?  If you have been paying attention to economic news over the past few years, you should be very familiar with who he is. For those of you who have been living under a rock, Nouriel Roubini is an Economist at New York University, and is the Chairman of RGE Monitor, a [...]

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And So It Begins…

Don’t know if you caught this little bit of news this morning. But it seems that the first major economic power has started raising its federal interest rate.   Australia’s Central Bank raised its key cash rate by 25 basis points (0.25%) today, becoming the first of the G-20 banks to do so.   The expectation is that this [...]

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Mounting Job Losses…And Traders Are LOVING IT!

Did you see the announcement today?  Job losses are on the rise again, after shrinking for the last few months. This raises the question about whether or not the economy is really stabilizing. You could ask 100 different economists and you would get 100 different answers. Most people are scared to death about the state [...]

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