The dollar continues to rally amidst the worldwide market meltdown. What started as a financial crisis in the United States in early 08 has spread across the globe and now investor sentiment has changed. Perhaps our currency really isn’t so bad after all?
A great view for all investors combining a bit of humor with some reality. We may think the financial crisis is nearing its bottom, but what happens when hundreds of thousands of Americans currently on unemployment stop receiving their relief checks?
Looking back over the past 12 months there were several huge market trends in the spotlight. Big winners emerged in stock groups like fertilizers, steel, alternative energy, coal, and oil explorations before getting crushed in the recent bear market.
The market in dramatic fashion tumbled all the way down to nearly the same intraday lows set last Friday today before rallying back to close up over 5%! This was a huge10%+ price swing, and volume was high making this a heavy accumulation day. Are the bulls back in control?
With the economy “on the brink of recession” (I don’t care about two quarters of negative GDP, we ARE in a recession) humor is a great cure. Earlier this week the Daily Show had a short clip on the market which features the Decabox and Paulson.
Crocs (NASDAQ:CROX) stock chart offers great insight into how fast trends can take off and lead stocks soaring into new highs. And, in the case of Crocs the saying of, “what goes up must come down” holds true.
Last week the stock market free fell more than 18% as investors tried to navigate a bear market that has ripped through not only the US but the whole world. What are investors supposed to do?
General Motors (NYSE: GM) stock chart offers a wealth of knowledge for both new and seasoned investors. The stock has fallen from a peak $43.20 to less than $5 a share (-88%) in just under 1 year as investors bet on a GM bankruptcy.