November, 2013 | The Trading Donkey

5 reasons to expect a correction

Main Street gets bullish

Stock-based mutual funds have sucked up more cash in 2013 than any year since 2004 — $76 billion, to be exact, vs. total outflows of $451 billion from 2006 to 2012.

If you want to be a fatalist, the fact that the “dumb money” is returning to the market is...

Trading Donkey BlogNovember 18, 2013Irene WilsonNo comments Permalink

Oil on track for weekly loss on supply overhang

U.S. crude-oil futures tick higher, undoing the previous day’s losses but Nymex crude remains on track for a weekly loss amid heavy supply. NEW YORK (MarketWatch) — U.S. crude-oil futures ticked marginally higher on Friday, undoing the previous day’s losses but staying on track for a weekly decline on worries over heavy supply.

The losses on Thursday...

Trading Donkey BlogNovember 15, 2013Irene WilsonNo comments Permalink

U.S. dollar, Aussie rise, as yen eases

The U.S. dollar extends its grind higher, with Australia’s currency rising and the Japanese yen falling as risk sentiment improves. By Michael Kitchen

LOS ANGELES (MarketWatch) — The U.S. dollar extended its grind higher in Friday trade, with Australia’s currency rising and the Japanese yen falling as risk sentiment improved. The ICE dollar index , a measure of...

Trading Donkey BlogNovember 15, 2013Irene WilsonNo comments Permalink

Yellen testimony to pose risk to the greenback

Janet Yellen, nominated as the next Federal Reserve chief, poses a clear risk to the U.S. dollar outlook as her dovish stance could push out expectations for a scaling back of the Fed's monetary stimulus, analysts say. In a statement released ahead of Yellen's confirmation hearing before the Senate Banking Committee on Thursday, she conveyed a...

Trading Donkey BlogNovember 14, 2013Irene WilsonNo comments Permalink

Monthly Archives: November 2013