Chavez: China to devote $20B to Venezuela projects

Filed under: International Markets, Market Matters, Technical Analysis, Economic Data, Commodities, Financial Crisis, CurrencyThe commodity and stock markets traded lower mainly due to fears of a European debt default. The US dollar was sharply higher with the September contract trading at 82.935, up .811. This triggered a sell off in commodities, except for […]

Filed under: Stocks to Buy, Stocks to SellOptions traders appear to be setting up for a bullish move on Host Hotels & Resorts Inc. (HST). Traders plowed into 2,416 new call option contracts -- 5.39 times the average volume -- on the stock on Tuesday. And we know that traders were eager to get into this trade because 96% of the trades came in on the ask p […]

WASHINGTON (Reuters) - U.S. religious leaders joined on Tuesday to condemn an "anti-Muslim frenzy" in the United States, and the head of U.S. forces in Afghanistan warned that a Florida church's plan for a Koran-burning could endanger American troops abroad. […]

Filed under: Economic Data, Financial CrisisI don't think I am breaking any news that you didn't expect; but the Associated Press announced that its monthly analysis of conditions around the country showed that economic difficulties continued during July. The study showed that unemployment, foreclosure, and bankruptcy rates didn't change when […]

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