NEW YORK – Wall Street stocks fell following hefty market swings as investors fretted about the opening of the second quarter earnings season, sensing major banks could unveil further losses.
The leading Dow Jones Industrial Average declined 56.58 points, or 0.50 points, to end at 11,231.96. The Dow recovered some ground after falling over 100 points in earlier trading, partly on worries that corporate earnings may disappoint.
The tech-heavy Nasdaq composite dropped 2.06 points, or 0.09 per cent, to 2,243.32 while the Standard & Poor’s 500 index fell 10.59 points, or 0.84 per cent, to 1,252.31.

LONDON – Britain’s leading share index ended up almost two per cent as energy companies rebounded after last week’s fall, while lower crude prices boosted travel and leisure companies.
The FTSE 100 closed at 5,512.7 points, up 99.9 or 1.85 per cent.

FRANKFURT – The DAX index ended at 6,395.75 points, up 123.54 or 1.97 per cent.

PARIS – The …

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report The Dow Jones Industrial Average is already in the bear’s grasp. And the U.S. economy may well be headed for a recession. But here’s the ultimate irony: Bear-market investing offers a direct pathway to the biggest profit opportunities most investors will ever see. History shows time and again that the worst returns come to those who buy at - or even near - market peaks, like those of 1928, 1969, 1999 and 2007, when Price/Earnings (P/E) ratios are typically higher than “normal.” Conversely, investors who buy when the days are darkest reap the best returns: Think 1932, 1942, 1982, 2003 and - take a deep breath - possibly 2008. Clearly, at a point when the world looks like it’s going to hell in a hand basket, sitting on the ...

NEW YORK - The Dow sank into a bear market on Wednesday as US stocks fell on growing concerns about the toll that record oil prices are taking on the economy and corporate profits. The Dow Jones industrial average tumbled 166.75 points, or 1.46 per cent, to 11,215.51. The Standard & Poor’s 500 Index lost 23.39 points, or 1.82 per cent, to close at 1,261.52, while the Nasdaq Composite Index slid 53.51 points, or 2.32 per cent, to 2,251.46. LONDON - UK stocks shed 1 per cent, extending the previous session’s sharp losses as miners fell on weaker coal prices and Marks & Spencer slumped after a profit warning, though drugmakers rose. The FTSE 100 closed at 5,426.3 points, down 53.6 or 0.98 per cent. FRANKFURT - The DAX index ended at 6,305.42 points, down 10.52 or 0.17 per cent. PARIS - The CAC-40 index closed at 4,296.48 points, down 44.73 or 1.03 per cent. TOKYO ...

MyECheck Inc. is a financial electronic transaction processor and provider of alternative payment solutions for internet and mobile commerce. In the past two days the stock has risen 35.38% and 19.32% respectively. A $10,000 investment on Monday would have resulted in a return of $16,153.85 in just 48 hours.

The consumer services sector has actually lost over 2% as a whole in the same two-day period that MyECheck has shown the impressive gain of over 61%. Monday’s 35% gain took place on 89,882 shares while today’s 19% gain took place with 97,717 shares traded. In that short window of time, the recently volatile Dow Jones Industrial Average has gained only 38 points on below average trading volume.

One advantage to the services offered by MyECheck Inc. is that they are mutually beneficial to both the buyer and seller. Their

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NEW YORK - The Dow and S&P 500 were little changed on Monday on the final trading day of the second quarter as record oil boosted energy shares, offsetting weak financial stocks amid nagging concerns of further credit losses. The Nasdaq ended the session lower, hurt by a drop in the shares of Yahoo as it battles with shareholders after takeover talks with Microsoft fell apart. The Dow Jones industrial average gained 3.50 points, or 0.03 per cent, to 11,350.01. The Standard & Poor’s 500 Index was up 1.62 points, or 0.13 per cent, at 1,280.00. The Nasdaq composite index was down 22.65 points, or 0.98 per cent, at 2,292.98. LONDON - UK stocks ended 1.74 per cent higher, with oil stocks gaining on a record high crude price and miners, led by Anglo American, advancing on firmer metals. The FTSE 100 index closed 96 points higher at 5,625.9. FRANKFURT - The DAX index ended at ...

Global stock markets are still under correction. Major indices haven't succeeded to rally after they bottomed on March this year. Last week Dow Jones Industrial Average has turned into the bear market by drop more than 20% from recent October high. Market lab show still Head and Shoulders bearish pattern for S&P 500 and DJIA on weekly basis. We have closed 4 consecutive weeks in negative for broad US indices.Iran tension and weak USD lift crude oil to new all time high. Another commodity supported by current market conditions is gold by endless sub-prime mortgages financial crises.Worse earnings reports are dragging down shares which again triggers selling pressure on US dollar. Which makes vicious spiral.Outflow from US dollar and shares helping some markets and their currencies. Especially economies growing still at modest pace. Have a look to Czech currency Koruna. Despite 20% appreciation ...

As a cheerful Bloomberg headline reminds us, equity investors are facing their worst June since the Great Depression. And sure enough, most major markets (the Hang Seng, Dax, CAC, S&P 500 … ) are down more than -8% this month, pulled lower by a number of concerns including a) the health of Western banks, b) the rise in oil prices, c) deteriorating economic growth and d) worsening inflationary pressures.

If the current month ended today the Dow Jones Industrial Index would be down 9.4% and have locked in the worst June since 1930. Check the following chart, coursey of Paul Kedrosky, for the painful picture.

“Granted, June 2008 is not in the top 30 bad months of all time, so let’s keep our

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Simple arithmetic charts are OK for short-term performance review, but can be misleading for long-term purposes. Semi-log charts are best for long-term perspective.

Arithmetic charts space each Dollar move equally on the vertical Y-axis. Semi-log charts space each percentage move equally on the vertical Y-axis. Either method creates only minor differences for short-term charts, but dramatic differences over the long-term, particularly if the security is strongly trending.

The following charts of MSCI emerging market indices illustrate the point. They show 15+ years of gross performance (price plus all dividends) for the emerging market index (proxies: EEM, VWO), India (proxy: INP), China (proxy: FXI), Brazil (proxy: EWZ), Russia (proxy: RSX) and Mexico (proxy EWW).

The semi-log format (called “semi” because the X-axis remains arithmetic with equal spaces between dates) gives a truer picture of trend.  A constant rate of change on

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