LAS VEGAS (Reuters) - For John Mayfield the housing downturn is proving a boon for business. Mayfield, a St. Louis real estate agent, writes how-to books with titles such as "Five Minutes to a Great Real Estate Meeting" which were selling briskly at
NZDUSD - 56% of retail traders are long NZDUSD (long to short ratio is 1.26). . Last week, the ratio was at -1.19 as 54% of open positions were shortMoreover, since last week, retail has been aggressively buying NZDUSD (long positions are up by 8.8%
LARIMORE, N.D. (AP) -- Dennis McCoy can get part of his corn crop to the bellies of hogs without a hiccup. But the North Dakota farmer believes ethanol made from his other corn acres is hamstrung by traditional truck and rail shipping. "I think the e
DALLAS (AP) -- In his corner office 32 floors above downtown, Blockbuster CEO James Keyes pulls out his phone and starts up last year's Oscar winner, "Crash," to demonstrate his vision of the movie-rental giant's future. Customers, he said, will some
EURAUD EURCAD EURNZD Commentary We wrote last week that we expect waves 4 and 5 to unfold before a larger setback that we will use to add to the bullish position initiated last week. Wave 4 did unfold and ended at 1.6171 and wave 5 is underway now a
LAS VEGAS (AP) -- Casino operator MGM Mirage and Kerzner International Holdings Ltd. on Friday named William Velardo president and chief operating officer of their joint venture to develop a multibillion-dollar resort on the Las Vegas Strip. Velardo,
WASHINGTON (AP) -- Foreign acquisition of long-maturity U.S. securities totaled $5.8 billion in September, recovering from record sales the previous month, according to a U.S. Treasury Department report released Friday. Outflows hit a high of $86.7 b
WASHINGTON (Reuters) - Industrial production unexpectedly fell in October in a troubling sign for an economy already struggling under the weight of a housing downturn. Output at factories, mines and utilities fell 0.5 percent last month, the biggest
The swirling speculation around Middle Eastern currencies is a rare instance of macro-economic laws being followed to the letter. So widespread is the belief that half a dozen gulf states have little choice but to revalue their currencies, that inves
SYDNEY (Reuters) - Rio Tinto (ASX: - ) is reportedly considering a counter-bid for BHP Billiton (ASX: - ) as a defence against a multi-billion-dollar takeover proposal from its bigger mining rival, but analysts said such a move was unlikely. The Wal
Commentary: We wrote yesterday that the best strategy would be to buy dips. It looks like the rally from 109.12-111.76 is in 5 waves. The decline to 110.36 would be a small 2nd wave under this interpretation. Price could erode a bit more to the 61.8
Commentary: The decline from 2.1160-2.0522 is either wave 1 in a 5 wave bearish cycle or wave A in an A-B-C correction. The rally to 2.0844 is wave 2 or B and the decline from 2.0844 is wave 3 or C. The decline from 2.0844 would equal the 2.1160-2.0
Commentary: We presented an alternate yesterday but this mornings price action suggests that the EURUSD is headed higher in wave 5 within the 5 wave bull cycle from 1.4015. The current rally could be wave 3 within wave 5 and a push above 1.4725 conf
·Dollar Falls Versus Yen
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
·Dollar - Will Housing Contin
·Japanese Shares Fall
·Ahead of the Bell: Aging Air
·US Dollar Mixed, Gold Steady
·Treasury Prices Get Late-Ses
·FOREX News: Australian Infla
·Money Market Funds Get Fresh
·Coca-Cola Enterprises profit
·Kennametal 1st-Quarter Profi
·Canada Minister: Shrink Pric
·Moody's 3Q Earnings Fall 13
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