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Get ready for a extreme stock trading Friday

Posted in Forecasting

The Dow has been under severe pressure this week and the hopeful forecasts of ending the week around 10000 are going nowhere. Heads-up on the NFP numbers rolling in Friday the 2:nd which may give the markets another push. NFP is not looking as good as hoped.

US Futures down on Greece is Spain next?

Posted in Forecasting

Dow Live Report: The Greek financial scandal is, as expected, strating to affect markets outside EU. Before opening, the Dow futures are down nearly 50 points. Asia also showed red numbers. Currently, the Euro is under self-inflicted pressure and depending upon how stable the other members are (or not) repercussions may have a substantial effect [...]

New toxic cloud as volcano eruption strengthens

Posted in News

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 [...]