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Daily Archives: March 12th, 2008

$110 Oil! SPX, Nasdaq, BIDU, GLD, SLV, FXY, FXB, FXE

The market opened strong, continuing from yesterday’s rally. But, it started to fade in late morning, as profit-taking started to kick in (other people/articles might give other reasons). Within the last hour of trading, the profit-taking gained momentum and the market closed in the red. Crude spiked up over $110/barrel today. The Dollar fell further. [...]

Premarket Analysis for 3/12 – Upgrades/Downgrades, Gappers, Actionable Calls

Submitted by Optiondragon Dave Matthews Band – Ants Marching (Central Park) From Briefing.com PGNX is gapping down to due a failed drug study. Preliminary results from the phase 3 clinical trial conducted by Wyeth showed that treatment did not achieve the primary end point of the study: a reduction in time to recovery of gastrointestinal [...]