Recent content by dojit

What started as an intraday stock rally yesterday quickly flip-sided, as officials from the U.S stated that the economic recovery could take longer than previously expected, something that could drag way into the 2010. According to their analysis, the Federal Reserve is expecting a slow growth...

The U.S stock market glided higher during yesterday’s session, after soaring at the start of the session. Buyers flooded the market as housing data showed a surprisingly good result and earlier news from Asia stating that ministers ordered an emergency liquidity fund of $120 to help restore...

“Living On the Edge” by Dodjit.com The U.S stock market closed yesterday’s session in negative territory after trading higher throughout most of the session. The main reason for the drop in equities, apart from profit taking was due to Ben Bernanke and Treasury Secretary Tim Geithner’s...

An Interest Rate Decision Day Thursday, March 05, 2009 By dodjit.com China increased sentiment across the board during yesterday’s trading session, allowing the major indices to close with gains. The Shanghai index closed the session with gains of over 6.1%, encouraging bullish traders...

The Numbers Just Don't Add Up Sunday, March 01, 2009 What started off as a Bear market rally at the beginning of the week, quickly turned sour as the major indices retraced, coming back down to their prior lows. Even though comments of another stimulus package encouraged investor's...

Are Gold Investors Anticipating Problems With The New Stimulus Plan? Sunday, February 15, 2009 By dodjit Stimulus this, Stimulus that….. Over the last couple of weeks, news headlines have focused on one major event- President Barak Obama’s stimulus package. One of the largest...

The Stimulus Trap? Sunday, February 08, 2009 By dodjit In an effort to save the U.S economy from its worst recession since the 1930s, Democrats and Republicans came to an agreement on Friday, regarding President Obama’s stimulus plan. While most people are not exactly sure how the...

What happens when banks are afraid or reluctant to give out money? Sunday, February 01, 2009 By dodjit.com The last couple of months have been hectic, as the indices have bounced back and forth trying to find a market bottom. When analyzing the broader market via the S&P 500, one can...

The markets dropped but volatility failed to rise. The U.S markets closed yesterday’s session deep in red, as housing data reminded investors that the economy is not yet out of deep water. New home sales dropped by an astonishing rate, falling 14.7% due to the ongoing slowdown. Even though...

A 75% Drop in Half a Year Saturday, January 24, 2009 By dodjit.com “Crude Oil has blasted through the 100 mark” “Crude will reach $200 by the end of the Year” “The commodity market is soaring” Only a couple of months ago newspapers were filled with such headlines as crude rallied to a...

Market Briefing for 01/21/2009 Wednesday, January 21, 2009 Investors looked passed the presidential ceremony yesterday, focusing on a battered economy. With no optimistic speeches and economic data continuing to paint a gloomy picture, market participants were left with no other alternative...

Will Obama Provide the Goods? Sunday, January 18, 2009 By dodjit After an anxious wait of two months, President Elect Obama will take the oath of office on Tuesday, to uphold the constitution, becoming the 44th president of the United States of America. Entering the position will...

Negative or Positive Correlations Sunday, January 11, 2009 By dodjit Since the first interest rate reduction in the U.S, central banks have been battling ongoing problems, trying to stay ahead, in order to prevent further economic blows. From the U.S, economic problems quickly spread...

Quantitative Easing – A New Policy? After a rocky and suspenseful week due to the auto-industry saga, the White House stated on Friday that it is prepared to extend $13.5 billion in loans to the various auto-manufacturers, with an additional $4 billion to be supplied in February...

Don’t Miss the FX Train Sunday, December 14, 2008 By Adam Perl The auto-industry took center stage last week, as spectators waited anxiously for the senate’s bail-out decision. The major movement in the markets came on Friday, as the senate previously rejected the proposal, forcing...