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Oil and gold prices are ending 2010 on new near-term breakout highs. After a post-crash slump that kept oil around $60-$68, oil broke out to the $80-85 range for much of 2010, but in December oil’s made new breakouts yet again.
Just this past week or so, oil touched through $90 for the first time since [...]
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Stock markets reopen this year on a Wednesday. Whenever Christmas Eve and Christmas Day fall on Friday and Saturday or Sunday, the usual holidays are already taken up by the weekend. This means that many Federal institutions and businesses will declare an extra two days of holiday right after the weekend.
These extra holidays have occurred in [...]
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In the days leading up to Christmas, and various other times throughout the year, stock market trading thins considerably. Trading volume levels decrease as stock exchanges close early and many institutions are simply happy to hold onto their positions and wait out the end of the year with their gains.
Lower trading volumes mean less liquidity [...]
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It’s a good time to draw up some financial New Year’s resolutions if you haven’t yet. Sure – don’t call them New Year’s resolutions if you don’t want to – it’s a financial plan for 2010 that I’m really talking about.
Although we are still in the thick of the holiday season, take a quiet day [...]
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It’s the end of November and another month has passed us by. The seasonal correction in the stock markets never really happened this year, along with other traditional seasonal trends that failed to confirm. Then again, this past year has been one of the more unusual for markets since the Great Depression. For example, the [...]
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With the arrival of the autumn equinox, it is a good time for many to start thinking ahead to budgeting for the holiday gift-giving season. The holidays are about more than gifts, though – social events, unexpected guests dropping by, more travel plans and decorations for your home all add up to put pressure on [...]
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