http://www.fxstreet.com/technical/forex-strategy/market-opinin/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-03-06.htmlMarch 5 - In today’s trading the U.S. markets gave back all of Wednesday‘s gains and then some.  Equities slid lower on speculation China will not have a stimulus package to boost the economy.  The financials took a hit today on the back of this sell off.  Citigroup traded below $1 in today’s trading, Bank of America down 12% and the Auto makers are still on the verge of bankruptcy.  On the positive side the U.S. Dollar continues to climb higher as foreign investors keepFri, 06 Mar 2009 04:59:05 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-03-06.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-03-05.htmlMarkets for March 5, 2009 by James Whyte    In the news: March- 4 Today the U.S. Markets rallied on speculation China will expand efforts to increase growth and U.S. lawmakers will reach an agreement on a plan to stem foreclosures. The S&P 500 rebounded from multi-year lows and some of the Chinese stock markets jumped the most in four months. Treasuries fell, as equity markets moved higher. The Dollar gained versus the Japanese Yen, but did not do well versus other majors, as theThu, 05 Mar 2009 04:54:49 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-03-05.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-03-03.htmlMarkets for March 3, 2009 by James Whyte    In the news: March 2 – Following the falling markets in Asia and Europe, the Dow Jones fell to the lowest levels since 1997. Trading below 6,900 and closing at 6,763, the U.S. Equity markets closed down an average of 4% on the back of the government’s decision to continue bailing out the insurance giant, AIG. The markets were not battered by bad news all day as consumer spending showed an increase in Personal Spending of 0.6% in the monthTue, 03 Mar 2009 06:29:15 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-03-03.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-28.htmlMarkets for February 27, 2009 by James Whyte    In the news: February 27- The U.S. Markets begun the day on a negative note as the GDP report indicated the U.S. economy is shrinking at the fastest pace in 26 years. Prelim GDP q/q came in at -6.2% versus a -5.4% forecast. Although the terrible GDP news kept the markets in the red for most the day, it was not a massive sell off. Stocks did bounce in midday after falling to fresh bear market lows. In the last day of trading for theSat, 28 Feb 2009 00:49:02 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-28.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-23.htmlMarkets for February 23, 2009 by James Whyte   In the news: February 23, 2009 – The talk today in the U.S. Markets has been the increase stake in Citigroup by the U.S. government. Although the equity markets are not taking this actions by the government well, the dollar has gained ground on the optimism the U.S. Government is staying proactive in stemming the recession more so than other nations. The precious metal-Gold continues to rise as investors demand for safe-haven assets increase.Mon, 23 Feb 2009 22:50:15 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-23.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-20.htmlMarkets for February 19, 2009 by James Whyte    In the news:  February-19 Today the U.S. stock markets were unable to maintain stability and it sent the Dow to a six year low (7,447.53). Closing at 7,465.95 (-89.68) the Dow was led lower by the financials, including Bank of America and Citigroup which both fell 14% in today’s trading. Bank of America, the U.S. biggest bank lost 64 cents per share bringing it to a 24 year low, and not far behind was Citigroup losing 40 cents perFri, 20 Feb 2009 01:33:49 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-19.htmlIn the news: Today U.S. stock markets ended the day basically flat as President Obama discussed his $75 billion relieve to homeowners. During a press release today the President spoke about the details of the economic stimulus package focusing on the housing foreclosure crisis. Also today the Federal Reserve in a press release lowered its GDP outlook for this year and forecasted unemployment to continue increasing. The Fed predicted the U.S. economy should begin picking up in 2010 and 2011.Thu, 19 Feb 2009 00:57:22 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-19.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-18.htmlIn the news: Today U.S. stocks sell off as concerns on the financial sector continue to loom in Wall Street. This morning the manufacturing data continue to show weakness as the numbers came in at -34.7 versus a -23 forecast. Today in Denver, Colorado President Barack Obama signed the $787 billion economic stimulus bill. Oil prices continue to trade lower as energy demand decline worldwide. Crude closed down $2.58 a barren to finish the trading day at $34.93. The Dow Jones closed near NovemberWed, 18 Feb 2009 03:06:38 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-18.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-12.v03.htmlMarkets for February 12, 2009 by James Whyte    In the news: Today the U.S. Markets opened to the downside as numbers from continuing jobless claims climbed to a record and traders speculated the government will have a tough time reviving the U.S. economy. The report released this morning at 8:30am New York time, showed and increase of 623K from a 610K expected. On a positive note Core Retail sales and Retail sales posted an increase of .9% and 1% respectively. Crude oil traded belowThu, 12 Feb 2009 23:46:01 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-12.v03.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-12.htmlMarkets for February 11, 2009 by James Whyte    In the news: Today’s U.S. Markets were quiet as the Bank CEOS appeared before the house financial services committee. Also lawmakers agreed on a $789 billion stimulus plan today as President Barack Obama noted it was urgent to keep the U.S. Economy from heading into a deeper depression. At the closing bell the Dow posted modest gains of 50.65 or .64 percent. Oil settled below $36 a barrel as inventories increased and demand decline isThu, 12 Feb 2009 01:24:46 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-12.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-10.htmlOvernight the Asian markets opened the trading day mixed with the NIKKE 225 closing down 23.09 points to 7,945.94. However, the Hang Seng Index was able to generate gains of .81%. The European markets did close the day marginally lower, ahead of the U.S Treasury Secretary Tim Geithner’s speech about the financial – rescue plan. Traders are speculating that the plan will not be enough to help a global recession come to and end. The U.S. Markets slid lower at the open and started selling offTue, 10 Feb 2009 22:00:46 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-10.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-05.htmlIn the news: In today’s markets the main stories driving the U.S. Markets lower involved the financial sector, as more concerns about the TARP II arise, including the remainder of the toxic assets in the bank’s books. Also adding to the sell off is the fact that companies continue to take down first quarter earning expectations. Oil prices also traded lower today as oil inventories indicated an increase of 7.2m barrels in the last week. Refineries also mentioned they will continue to cutThu, 05 Feb 2009 00:47:28 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-05.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-04.htmlMarkets for February 3, 2009 by James Whyte    In the news:  Today at the closing bell in New York, stocks closed higher on better than expected pending home sales data, along with positive earnings from Merck-driving health stocks higher. There was also money moving into technology stocks on a positive outlook for the future in this sector. The Dow closed up 1.72% in today’s trading session. The stocks move higher today was due to the continued slide in the dollar at midday. WeWed, 04 Feb 2009 02:42:35 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-04.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-03.htmlIn the news: At the end of today’s U.S. session stocks ended the day lower, as consumer spending showed a decline to -1.0% from a -0.8% the previous month. Another big factor in today’s sell off was the announcement from Macy’s that it will cut another 7,000 jobs. Oil prices continued sliding today about 4% on more concerns about a slowing economy. Overnight the Asian Markets and European Markets ended their sessions marginally lower. USD/CHF: Today’s chart shows us a possible channelTue, 03 Feb 2009 03:39:40 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-02-03.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-28.html  Markets for January 28, 2009 by James Whyte    In the news: The Fed met today and left the benchmark rate unchanged at .25%. In the statement the Fed mentioned it would keep rates low for some time. The Fed also noted it will make some changes in policy, including opening to possibilities of buying long term treasuries and more bad mortgages. Today crude oil staged a comeback late in the trading session, due to the rally in stock markets and an unexpected decline in gasolineWed, 28 Jan 2009 22:58:40 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-28.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-27.v02.htmlIn the news Tuesday January 27, 2009 :   Yesterday in New York the stock indices closed marginally higher (Dow +38.48), as existing home sales post an unexpected gain, surprising the markets.  It appears that investors are beginning to take advantage of the lower mortgage rates and the decline in home prices.  This data will need to continue to beat expectations in order for us to see a move from the lows and see a recovery in the real estate markets.  In other headlines,Tue, 27 Jan 2009 21:47:38 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-27.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-27.htmlIn the news:  Last week was a time of change with the historic inauguration of the 44th President Barack Obama, in the United States. We begin a new week of trading and the last week of January 2009. Today the Asian markets seem a bit quiet with Australia out for a bank holiday. The Nikkei began trading higher at the open and reaching a high of 7,807 at midday, however it was not able to retain its gains ending the day -63.11 to close at 7,682. The British Pound opened lower (1.3735) andTue, 27 Jan 2009 05:17:25 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-27.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-20.htmlMarkets for January 20, 2009   In the news:  Today’s U.S markets were closed in observance of the U.S holiday; Martin Luther King, Jr. Most of the focus is on tomorrow's presidential inauguration, where president elect Barack Obama will be sworn into presidency. Overnight we did see that Asian and European markets ended the day marginally flat. For the next couple of days all eyes will be on President Barack Obama and how he will handle his first 100 days in office. In focus today:Tue, 20 Jan 2009 05:42:24 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-20.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-16.html  In the news: Today the Dow dipped below 8000 at mid day trading, however it was able to regain its losses and end the day marginally flat. The bounce was loosely based on a technical level. Bank of America will receive $20 billion in aid from the TARP fund. Oil traded lower today and it's poised for a further decline this month, after OPEC comments demand will drop as a global recession is more evident. USD/CHF: Our focus today is the Dollar Swiss chart. This pair has been trading in aFri, 16 Jan 2009 06:57:45 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-15.htmlMarket View: Today the Dow finished down for the sixth day in a row after a decline in retail sales (-2.7%, more than double the forecast). The U.S stock indices are down about 9% over the last six sessions. With all 30 down stocks down the Dow Jones closes at -248.42 for the day and touches lowest level since December 1, 2008. In the news today was the release of the beige book showing; Retail sale remaining weak, particularly during the holiday season-despite the deep discounts. MostThu, 15 Jan 2009 02:28:50 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-15.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-12.htmlMarket View   Another rough day on Wall Street as stocks head lower today, due to the continued weakness in financials. Citigroup closed down nearly 20 percent, leading the Dow Jones lower. Markets also lower on concerns about corporate profits. Oil close the day below $38 per barrel as the demand for the commodity slows down worldwide. Overnight the European markets ended the day marginally lower. The US dollar posted gains against major currencies on speculation the ECB will take theMon, 12 Jan 2009 23:23:38 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-12.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-09.v02.htmlMarket View  To wrap up this week of trading the US reported Non-Farm payrolls and unemployment rate. Coming in at -524k from a forecast of 520k and pushing the unemployment rate to 7.2%. Given the importance of this economic data, volumes have been quite low in the equity markets. Energy stocks keep falling as the price of crude oil trades below $40 a barrel. Looking ahead in the coming week, plenty inflationary data out of the US, Canadian trade balance, and Australia's unemploymentFri, 09 Jan 2009 23:18:32 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-09.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-09.htmlMarket View Today's US markets closed mixed on the back of better than expected jobless claims. The data came in at 467k from a forecast of 545k, surprising the market. This morning President elect Barack Obama spoke about his economic stimulus plans after he takes office. Overnight the BOE kept the official bank rate at 1.50%, which was what the street was expecting. All eyes remain on tomorrow's NFP numbers from the US and the manufacturing data from the UK. EUR/USD: We are looking atFri, 09 Jan 2009 00:48:40 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-09.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-07.htmlMarket View The mood in today’s US markets was set by the ADP jobs report which came in at -693k from a -450k forecast. This has been the talk of the trading floors for most of the day. Now all eyes are on Fridays Non-Farm report for an actual number, which is expected to surprise the market once again. Energy stocks also fell as the price of crude tumbled $5.73 to 42.85 (@ close) after crude inventories revealed an increase to 6.70m barrels. All the major indices finished the day in the red;Wed, 07 Jan 2009 23:25:46 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-07.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-06.htmlMarket View Today's equity markets finished the day higher with the Dow Jones closing back above 9,015.20, a gain of .69 percent. The Nasdaq close up 1.50 percent. The markets were able to retain its gains even after the Fed Minutes indicated the December cut was due to the continuing bad economic data. Most of this confidence comes from the proposed Stimulus package by President elect Barak Obama. The market has also noticed a shift of money from US Treasuries into corporate bonds and evenTue, 06 Jan 2009 22:38:28 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2009-01-06.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-29.htmlMarket View As the Israeli strikes on Gaza continues, oil is trading higher up 1.36 currently. The retailers continue to be the center story for this holiday season and end of year. Retailers continue to cut prices to attract last minute buyers to boost net sales for the end of 2008. It is forecast that 73,000 retailers will close their doors in the first half of 2009. In focus today:    Gbp/Usd: We continued to see weakness overnight in the Pound. The pound has been on a downwardMon, 29 Dec 2008 20:12:21 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-29.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-23.htmlStocks ended lower on continued weak economic news.  We believe the Yen may be entering a weakening period as the Japanese economy catches up to the rest of the G10+, highlighted by Toyota’s grim news.  We are looking for a retracement back to 94.00 over the short term, but don’t expect the market to behave until Jan due to light volume and the possibility of exaggerated moves.   Key levels and Weekly Trends   Eur/Usd: Support:Tue, 23 Dec 2008 22:29:17 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-23.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-18.htmlMarket View for Dec 19, 2008 Today we have witnessed spectacular moves in foreign exchange once again.  Today’s market has been a dollar positive across the board, with the dollar regaining ground against the Euro and the Pound.  It has been mentioned that, there has been some unwinding of long Euro positions, and we should see Euro trading lower.  Crude oil has also shown levels not seen in four years, and it has been noted if oil trades below $32 the next technical support isThu, 18 Dec 2008 22:54:43 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-18.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-16.htmlMarket View for Dec 17, 2008 The Federal Reserve cut the main U.S. interest rate target to a range of 0 to .25% (record lows), surprising markets and giving traders the green light to sell the U.S. Dollar across the board.  The Fed also said it will do anything it can to help the economy employing “all available tools,” to do so.  In addition it said, “Weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.” The Dow rallied onTue, 16 Dec 2008 22:39:22 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-16.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-15.htmlMarket View for December 16, 2008   U.S. Markets finished fractionally lower in today’s NY session.  The focus today was the manufacturing index data out of the U.S, which came out negative to forecast.  There were also downgrades among today’s news; with Goldman Sachs downgrading Apple to neutral and JP Morgan getting downgraded due to the slow down in the banking sector.  Also in today’s market, many firms as well as investors are realizing the impact and the continuedMon, 15 Dec 2008 23:40:43 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-15.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-11.v02.htmlIn the U.S., stock markets finished lower as worries mounted that the Auto bailout may not pass the Senate.  Stocks were led lower by financials as JP Morgan’s Jamie Dimon indicated in an interview that 2009 was going to continue to be tough, and US Bancorp indicated they still had a lot of bad loans to deal with.  There was also some profit taking after recent rallies as participants were reminded that the U.S. still has plenty of problems. The U.S. Dollar Index fell 2.1% today asThu, 11 Dec 2008 23:14:48 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-11.v02.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-11.htmlStocks finished marginally higher after Europe was more or less unchanged.  Financial stocks took a bit of a hit today, along with some retailers.  Oil closed above $44 as Iran said it will begin storing oil and Russia begins to talk about output cuts.  The U.S. Dollar index fell .6% today.  U.S. automakers fell on news that their bailout plan may meet resistance in the Senate.  More analysts forecast a 50 basis point cut when the Fed meets on Dec. 16th.  TheThu, 11 Dec 2008 00:26:32 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-11.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-09.htmlThe Dow closed down 2.7% on earnings warnings, while investors once again sought the safe haven of treasuries, with 4 week T-Bills yielding 0% (first time ever).  Oil also closed down $1.44 as the U.S. Government cut its energy demand forecast due to the global slowdown.  Europe opened lower and showed signs of a deepening slump (including 30-year lows in U.K. home sales), causing renewed interest in buying the Dollar and Yen, before the U.S. showed a rebound of monthly pending homeTue, 09 Dec 2008 22:29:11 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-09.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-08.htmlMarket View for Dec 9, 2008   The Dow continued its rally today after Barack Obama commented about plans for massive investment in infrastructure, spurring hope of economic stimulus and job creation after he takes office.  In the U.S. the Big 3 Automakers await comments from Nancy Pelosi about the bailout plan the Democrats want to offer (supposed $15 Bio short term loan), but the White House has expressed concerns over the bill.  Oil gained $3.28 to 44.06.  OvernightMon, 08 Dec 2008 23:59:41 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-08.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-07.htmlMarket View for Dec 8, 2008 The Dow staged late session rally once again on Friday, up better than 3%, after being down significantly on U.S. employment numbers coming out significantly worse than expected (the worst since 1974).  Insurance companies outperformed, with banks, retailers and techs all following higher. It appears that Congress will offer the Big 3 Auto makers a short term loan to take them into the New Year and new administration.  Oil closed down to a 4.5 year low atSun, 07 Dec 2008 23:31:23 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-07.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-05.htmlMarket View for December 5, 2008   Today the markets were extremely volatile as the big 3 automakers CEO’s met on Capitol Hill for a bailout proposal.  U.S. Markets closed lower at the end of the day with the Dow Jones down more than 200 points.  Crude oil closed at a 3 year low dropping $3.12 to 43.67, crude is down 54% for the year of 2008.  Overnight we saw the BOE cut its rate as expected by 100 bps to 2.00%.  Continuing claims showed a lower than expected number,Fri, 05 Dec 2008 00:15:36 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-05.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-04.htmlMarket View for Dec 4, 2008 After a rollercoaster day, the Dow finished higher by 173 points, shrugging off a dismal Beige Book outlook and a worse than expected ADP employment report, and instead focusing on soaring mortgage applications.  As mortgage rates move down, there is talk of the Treasury considering a plan to help home prices by helping mortgage rates move even lower.  Oil closed mostly flat for the day.  European and Asian stock markets were up marginally.  InThu, 04 Dec 2008 00:39:10 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-04.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-03.htmlMarket View for Dec 3, 2008 The Dow staged an across the board rally today, most of which took place in the last hour of trading.  We closed up 270, following marginal gains in Europe.  Weak U.S. auto sales weighed on market sentiment most of the day, but the markets still ended positive. Financials were up by 8-12%, and commodities finished higher, even though oil was down $1.67.  The CEOs of the big three automakers are on their way back to Washington to give revisedWed, 03 Dec 2008 02:25:33 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-03.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-01.htmlMarket View for Dec 2, 2008 After a week of gains, the U.S. equity markets dropped on recession talk in the U.S. and a slowdown in manufacturing for the U.S. and China, following a European sell off as U.K. housing and manufacturing continued to worsen.  The Dow closed down 680 points, led by commodity and financial stocks.  Crude oil lost almost 10%, dropping back under $50 per barrel.  Paulson spoke today confirming that the Treasury will continue to work on programs,Mon, 01 Dec 2008 22:44:40 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-12-01.htmlhttp://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-11-30.htmlMarket View for Dec 1, 2008 Friday saw the Dow continue its climb for the week, closing up 1.1% at 8829 in thin post-holiday trade after similar performances overseas.  The Euro came off 300 pips in European trade Friday, after CPI came in lower than expected.  The ECB had indicated they were less likely to cut rates on inflation fears, but the market took the data on Friday as a sign that a cut was much more likely.  There is also talk that the EU is blocking France’s bankSun, 30 Nov 2008 23:45:12 GMThttp://www.fxstreet.com/technical/forex-strategy/info@forexamericas.com (ForexAmericas)http://www.fxstreet.com/technical/forex-strategy/market-opinin/2008-11-30.html