Sunday, May 16, 2010

Update Daily Investment News

Weekahead: Euro-Zone Troubles May Keep Stocks on Edge
Stocks could face more volatility next week as growing doubts about whether Europe can solve its deepening debt crisis are likely to take center stage again.

Euro Poised to Erase Half of 7-Year Rally: Technical Analysis
(Bloomberg) -- The euro’s longest series of weekly declines in three months versus the dollar signals the 16-nation currency may erase half of the seven-year rally that took it to a record, according to BNP Paribas SA.

Home Starts, Leading Index Probably Rose: U.S. Economy Preview
(Bloomberg) -- Home construction probably picked up in April, the growth outlook improved and the cost of living was little changed, showing the U.S. economy is expanding without stoking inflation, economists said before reports this week.

Prep Your Portfolio For Next Week: Strategists
Should you hold financials for the week ahead? Alan Valdes, vice president of DME Securities, and Peter Andersen, portfolio manager at Congress Asset Management, shared their best plays.

Halftime: 'Market Tell' Pros Use To Anticipate Weakness
A sea of red washed across Wall Street as the selling intensified on Friday with the S&P [.SPX  1135.68    -21.76  (-1.88%)   ] and Nasdaq [.NCOMP  2346.85    -47.51  (-1.98%)   ] sharply lower and the Dow [.DJIA  10620.16    -162.79  (-1.51%)   ] tumbling by triple digits.

One Market Relationship Is My 'Biggest Concern': Art Hogan
Stocks slid on Friday amid a fresh round of worries about the U.S. economic recovery. How should investors prepare their portfolios and what should they watch for? Art Hogan, global equity product director at Jefferies, shared his insights.

China Revaluation Would Hurt US: World Bank's Lin
The chief economist for the World Bank said on Saturday that if China were to revalue its currency it would actually hurt rather than help the U.S. economy.

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