Optimism regarding stability around current levels encouraged buyers to come back into the market last week, bottom fishing various beaten down stocks. The major U.S indices closed up by over 10%, forming weekly bullish engulfing candlestick formations on various charts. Even though economic stress is still weighing on the economy, affecting different sectors, expectations of [...]
Why Options Trading?
October 3, 2008 – 12:09 pm
There are many way of making money in the financial market, forex, stock, future, you name it. But why options trading?
First, options is a leverage financial tool, with the smaller amount of money you can do the same amount of investment like stock. The leverage power helps you to [...]
Home Sales
August 27, 2008 – 10:32 pm
Daily Market Commentary for August 25, 2008 from Millennium-Traders.Com
Existing Home Sales were down 13.2% compared to a year ago per the National Association of Realtors (NAR). Supply of homes for sale including condominiums, continues to skyrocket due to high foreclosure rate… (read more) http://www.millennium-traders.com/news/newscommentary.aspx
At the [...]
Berkshire Hathaway
July 12, 2008 – 2:22 pm
Daily Market Commentary for July 10, 2008 from Millennium-Traders.Com
A large deal on the street today was the news that Dow Chemical (NYSE: DOW) was buying Rohm and Haas (NYSE: ROH) at $78 a share or $18 billion. The deal was all cash and consisted of $3 billion in financing from [...]
История Форекс
June 24, 2008 – 3:43 pm
Мировая валютная система формировалась долгое время. С 1867 года действовал "золотой стандарт": национальная валюта обменивалась только на золото, которое "подкрепляло" каждую валюту, препятствуя произвольной эмиссии денег правительствами, которая ускоряет инфляцию. Однако "стандарт" не решал всех проблем. Государство с растущей экономикой увеличивало импорт товаров, пока не кончались запасы золота, в результате денежная масса в обращении уменьшалась, [...]
Investing in the Stock Markets
June 17, 2008 – 10:24 am
You have recently decided to start investing in the stock market, but you don’t have any idea how it works, so you’re doing a lot of research, but do you know what kind of investor you are? There are a broad range of stocks available to invest in, and ideally, you want [...]
The Bartender Has Many Responsibilities
June 17, 2008 – 9:50 am
There is more to tending a bar than meets the eye. A lot of people might think that it is an easy job, but it is quite the opposite, as a bartender has many different duties and responsibilities. There are numerous bartending schools devoted to the art of teaching the skills necessary [...]
Foreclosure Information
June 15, 2008 – 1:49 pm
Daily Market Commentary for June 13, 2008 from Millennium-Traders.Com
Filing of foreclosures rose 7% during May compared to April and the numbers were higher from same time a year ago, per RealtyTrac. Foreclosure numbers remain a staggering reminder of the depths of the recession. (read more) http://www.millennium-traders.com/news/newscommentary.aspx [...]