Clear As Mud

Fundamentals Indecision about the state of the global economy has caused Crude Oil futures to get stuck in a rut. Economic data that has been trickling in from the US and abroad has been mixed, making...

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Median Home Price Reaches 20-Month High

One bright spot from today’s housing report from the National Association of Realtors is that the median home price in June reached a 20-month high of $183,700, the highest median home price sin...

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Diamond’s Rig Leaves GoM

Amid uncertainties associated with BP Plc.’s (NYSE:BP) leaking Macondo well, Diamond Offshore Drilling Inc. (NYSE:DO) announced for the first time that it will redeploy its deepwater drilli...

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Earnings Preview: New York Times

The New York Times Company (NYSE:NYT), a diversified media conglomerate that comprises newspapers and Internet businesses, is scheduled to report its second quarter 2010 financial results on Thursday,...

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ORLANDO, FL -– Sales of existing homes in Florida rose in June, marking 22 consecutive months that sales activity has increased in the year-to-year comparison, according to the latest housing data r...

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The Illuson of Economic Recovery

The talk of recovery pervades insider thinking. The major media worldwide plays the same refrain. This is a desperate attempt to befuddle the public with misdirected propaganda to preserve confidence ...

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Home Prices Rise In May

The Case Schiller Home Price Indexes were generally higher in May. On a seasonally adjusted basis (and there is significant seasonality to home prices, so looking at the unadjusted numbers the wa...

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second-quarter gross domestic product (GDP). Economists polled by Reuters estimate that new home sales,. a report due on Monday, totaled a subdued annualized rate of. 0.32 million in June, litt...

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EUR/USD hits 1.3003, fresh 6-day high

The Euro rose further against the Dollar and reached at 1.3003 a fresh 6-day high. The pair has now risen more than a hundred pips from today's opening price. So far it failed to rally above 1.3000 bu...

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The Intermediate And Daily Cycle Of Gold

Just like the stock market, gold runs in cycles (all markets do because the humans that trade these markets go through periods of optimism and periods of pessimism). For the purposes of this discuss...

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