Technical talk: S&P 500 testing support

 EmailPrint This Post Print This Post

“The S&P 500 Index, after stalling below resistance for much of May, has now slipped below its lower channel line and is testing price support again at the 875 level. If the 875 level is violated the market will become more defensive and expect selling to materialize quickly as traders will look to lock in remaining profits from this rally,” said technical analyst Kevin Lane. […]

OverSeas Radio Network

No, I don’t want to hear about your portfolio!

 EmailPrint This Post Print This Post

Not everybody will see the humor is much reduced portfolio values … […]

OverSeas Radio Network

Credit machine not yet fixed

 EmailPrint This Post Print This Post

Although the rates at which banks lend to each other have eased considerably from their peaks, banks have cut back significantly on the amount of money they are actually lending. Meanwhile, the excess reserves of banks hit a record $877 billion. A peak in the excess reserves should coincide with the global credit system returning to normal levels and liquidity starting to move freely again. […]

OverSeas Radio Network

Top 100 Financial Blogs

Recent Posts

Charts & Indexes

Gold Price (US$)

Don Coxe’s Weekly Webcast

Podcast – Dow Jones

One minute - every hour - weekdays
(requires Windows Media Player)
newsflashr network
National Debt Clock

Feed the Bull