Posts Tagged ‘Forecasting’
New toxic cloud as volcano eruption strengthens
Right when it seemed like the Icelandic Eyjafjallajokull volcano was calming down, a strengthening eruption spews new toxic ash vlouds drifting rapidly towards UK and Europe. Airlines are still grounded and the economic impact on European, and indirectly global, economy will worsen considerably as stockpiles dwindle and business in general is affected. The economic impact [...]
Are you ready for the tumble?
Looks like we may have a tumbling Dow opening that builds on the weak Friday and Asia backing a bit. Citigroup waving their 4.4 billion profit flag may but a brake on things but the Dow Jones 11000 milestone will probably be breached.
On a sidenote – more than might yet have been entered into forecasting [...]
Dow Live Report week starts wednessday
The week starts with a sideways crawl as investors await a number of reports coming in starting this wednessday. My take on this is that they may be weaker than expected. Time will tell.
On another note, AIG pushed financial shares higher on having closed a deal to let MetLife Inc aquire Alico for 15.5 billion [...]
DJIA hovers on the 10000 mark
The Dow started the week with an expected loss before rebounding towards the even mark. The financial markets are still troubling the Dow and global markets while energy and futures are up. The financials and BAC continue to haunt the life out of the Dow and the ghost of financial mismanagement will probably be around [...]
