| //01-14-2009 |
Crude Oil closed higher on Tuesday due to short covering as it consolidated some of this week's decline. The mid- range close sets the stage for a steady opening on Wednesday. However, the door is open for a possible test of December's low crossing. Closes above the 10-day moving average crossing would confirm that a short-term low has been posted. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term.
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| //01-14-2009 |
Gold closed slightly higher on Tuesday as it consolidated some of Monday's decline. The mid-range close sets the stage for a steady opening on Wednesday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term. If it extends this week's decline, trendline support drawn off the November-December lows crossing near is the next downside target. Closes above the 10-day moving average crossing would signal that a low has been posted.
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| //01-14-2009 |
Crude Oil closed slightly lower on Wednesday as it extends this week's decline. Today's mid-range close sets the stage for a steady opening on Thursday. The door remains open for a possible test of December's low crossing. Closes above the 10-day moving average crossing would confirm that a short-term low has been posted. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term.
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| //01-13-2009 |
DJI closed lower on Monday as it extended this week's decline and closed below support marked by the 20-day moving average crossing. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. SPI closed lower on Monday as it extends recent declines
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| //01-13-2009 |
Coffee posted an inside day with a lower close on Monday as it extended the breakout below the 10-day moving average crossing. The mid-range close sets the stage for a steady opening on Tuesday. Stochastics and the RSI have turned bearish signalling that sideways to lower prices are possible near- term. that a short-term top has been posted.
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| //01-12-2009 |
DJI closed lower on Friday as it extended this week's decline and closed below support marked by the 20-day moving average crossing. The low-range close sets the stage for a steady to lower opening on Monday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term.
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| //01-12-2009 |
Coffee closed higher on Friday as it extended this week's rally. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term. If it extends this week's rally, November's high crossing is the next upside target. Closes below Monday's low crossing would confirm that a short-term top has been posted
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| //01-12-2009 |
Crude Oil closed lower on Friday as it extended Thursday's breakout below the 10-day moving average crossing. Today's low-range close sets the stage for a steady opening on Monday. The door is open for additional weakness and a possible test of last week's low. Closes below last Wednesday's low crossing would temper the near-term friendly outlook in the market. Stochastics and the RSI have turned bearish signalling that sideways to lower prices are possible near- term.
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| //01-09-2009 |
DJI closed lower on Thursday as it extended Wednesday's decline. A short covering rally tempered early losses and the high-range close sets the stage for a steady to higher opening on Friday. Stochastics and the RSI are overbought and are turning bearish signalling that a short-term top might be in or is near. SPI closed higher on Thursday due to technical short covering. The
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| //01-09-2009 |
Coffee closed lower on Thursday due to profit taking as it consolidated some of Tuesday's rally. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term. If it extends this week's rally, November's high crossing is the next upside target. Closes below Monday's low crossing would confirm that a short-term top has been posted.
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| //01-09-2009 |
Crude Oil closed lower on Thursday and below the 10-day moving average crossing signalling that additional weakness is possible near-term. Closes below last Wednesday's low crossing would temper the near-term friendly outlook in the market.
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| //01-07-2009 |
DJI closed higher on Tuesday as it extends last week's rally. The mid-range close sets the stage for a steady opening on Wednesday. Stochastics and the RSI are becoming overbought but remain bullish signalling that sideways to higher prices are possible near-term. SPI closed higher on Tuesday as it consolidates above broken resistance marked by December's high crossing.
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| //01-07-2009 |
Coffee closed higher on Tuesday and above resistance marked by December's high crossing. The high-range close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible near-term. If it extends today's rally, November's high crossin is the next upside target. Closes below Monday's low crossing would confirm that a short-term top has been posted.
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| //01-07-2009 |
Gold closed higher on Tuesday due to short covering as it consolidated some of Monday's decline. The high-range close sets the stage for a steady to higher opening on Wednesday. Despite today's rebound, stochastics and the RSI have turned bearish signalling that a short-term top might be in or is near. Closes below the 20-day moving average crossing are needed to confirm that a top has been posted. If it extends this fall's rally, October's high crossing is the next upside target.
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| //01-06-2009 |
DJI posted an inside day with a lower close on Monday as it consolidated some of last Friday's rally. The low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible near-term.
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| //12-30-2008 |
HONG KONG (XFN-ASIA) - Share prices finished the morning higher led by oil and coal firms as prices of crude oil and other resources rose as Israel continued its military offensive against Hamas targets in Gaza.
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| //12-30-2008 |
Credit wins over the course of 2009, we believe, despite downside risks. We are constructive on global credit markets for 2009 as a whole, both in absolute terms and relative to either government bonds or equities.
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| //12-30-2008 |
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| //12-30-2008 |
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| //12-22-2008 |
Despite the woes of the market overall, there were some bright spots in 2008, and they will continue to perform well in 2009, says Chief Investment Strategist Richard Bernstein
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