Gaddafi ready to talk? It’s enough to see a fall in oil and thus, again, a refocus from Wall Street on what’s happening at home. Today at least. Dow up 124.
The TechWizard reports the correction in global equity markets is sharing some similarities with the pull back in December.
The US Department of Energy is set to release large stockpiles of uranium into the spot market over the next three years.
ATW’s Jerry Simmons offers his technical (Elliott Wave) analysis for US equities, oil and gold.
The oil price fell and rose and fell again last night as investors continued to jump ship, with metals now joining in the selling. Dow down 79.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Wall Street bounced around the flatline last night, balancing economic data and news of a battle in Libya. Dow up 8.
Violent clashes in Iran; troops deployed in Oman; cleric detained in Saudi Arabia; Libyan assets frozen. Oil soars and stocks tumble. Dow down 168.
Are investors too early in discounting QE3? Westpac economist Bill Evans is suggesting this might be the case.