US Q4 GDP Soars CURRENCY TRADING SUMMARY – 1st February (00:30GMT) U.S. Dollar Trading (USD) Gained across the board on solid Q4 GDP and fresh risk aversion as US stocks continued to fall. Q4 GDP came in at 5.7% vs. 4.6% forecast. Also strong, UoM Consumer Sentiment at 74.4 vs. 73 expected. DJIA -53 points [...]

Written by Dan Micovic Another disappointing week from the market as the DJIU slipped another 1% and that capped the month of January with a 3.5% loss, the worst monthly performance since February 2009.  The overall picture is beginning to look bleak as we have weakened substantially from a technical perspective, where the SPX Index [...]

Reuters – The adage “as January goes, so goes the year” bodes ill for equity investors after the S&P 500 closed out its worst month in almost a year. This week, they will have to contend with fears of sovereign defaults and potential unpleasantness in the U.S. labor market as well. Related Reading:Stock Market Trends: [...]

AP – It’s the spoiled brat market. Related Reading:Stock Market Trends: The NASDAQ Has a PointA Trader’s Christmas PoemStock Market Trends: Ho-Ho-No.Trading Earnings: Are You Ready for a Pillow Fight?Stock Market Trends: ba, ba, ba Bennie and the Bears

Tom Schumacher submits: An article in Friday’s Financial Times discussed Canada’s banking system. According to World Economic Forum, Canada has the world’s "soundest" banking system. It is the only country in the G7 that did not have to come to the aid of its financial sector with a state sponsored bailout. So what makes the [...]