by | Feb 14, 2011 | Towing
The market heads into a busy week of economic reports and the end of fourth-quarter earnings season primed for yet more gains. After all, if traders could sustain the rally through 18 days of Egyptian turmoil, a return to keyin…
by | Feb 11, 2011 | Towing
The embattled Egyptian president’s resignation lifted a cloud worldwide, and investors responded. More encouraging economic news also helped equities on Friday as the consumer sentiment index rose to a slightly better-than-expe…
by | Feb 11, 2011 | Towing
The climbing yield on the 10-year Treasury note — now 3.70%, a nine-month high — can mean bad things for economic growth and stock prices. But not yet, if market guru Jeffrey Kleintop is right. He says the 10-year Treasury ne…
by | Feb 10, 2011 | Towing
The fabled New York Stock Exchange isn’t what it used to be. Today’s NYSE Euronext has lost a huge volume of trading to upstart computerized exchanges in recent years, and scandals have tarnished its luster. Now, Germany’s Deut…
by | Feb 7, 2011 | Towing
Last week, traders had ample opportunity to take some profits — and yet the market kept rising. With fewer big reports on tap this week and a key technical hurdle overcome, stocks could very well extend their gains in the sess…