Friday, May 16 200810:29:00 EST - The dollar weakened in early Europe on Thursday following the firmer than expected Euro-zone growth data.
The US currency was also unsettled by a renewed increase in oil and commodity prices. The US growth- ... more>
Jim Wyckoff: Energies
Friday, May 16 200810:29:00 EST - June crude oil closed down $0.10 at $124.12 a barrel yesterday.
Prices closed near mid-range in volatile trading. The bulls still have the strong overall near-term ... more>
Robert W. Colby: Growth Stocks and Utilities
Friday, May 16 200810:29:00 EST - Energy and Materials Stock Sectors both rose to a new all-time price highs, driving some, but not all, of the major stock price indexes to new 4-month highs.
Relatively low volume fails to confirm a new Bull Market. The weight of the evidence appears mixed. ... more>
