Given the Dows (DJI) performance last Friday, you would think that the ASX will be either down or swinging for the week. The Dow closed down 127.04 points – or 1.41% – last Friday, and so whether the ASX will follow US’s sentiment will be unclear. Last week Rio Tinto’s (RIO) announcement on the state [...]

The Dow Jones (DJI) has, again, had another day of ups and downs on the market closing 401.35 points higher to close at 8,979.26 – with the S&P500 (GSPC) finishing 38.59 points higher to close around 920.33. 23 of the 30 Dow Components finished higher for the day, but the entire Index traded within an 800 [...]

Update @ 3:30AM: Oil has fallen significantly to below $70 USD, market improving. Update: Market opens significantly lower on Philadelphia News A quick post to let you know that you need to be watching the fundamental economic data being released in the US on Thursday. Releases on weekly jobless claims, consumer prices for September, industrial [...]

Yes, the Roller Coaster ride that is the US is back in full swing. As I commented the other day, In my opinion, Wall Street needs to take a step back and really focus on it’s countries fundamentals and ensure that these massive swings are stabilised. Intense focus needs to be on fiscal and monetary [...]

The Dow Jones Industrial Average (DJI) ended 76.62 down last night, to close around 9,310.99 after a day heavy profit taking shook stocks and reduced the markets massive gains seen on Monday. The Dow surged almost 400 points in early trading but faded significantly in the afternoon session. It was bound to happen, since investors are trying [...]