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	<title>Stock Market News &#38; Stocks to Watch from StraightStocks &#187; Knight Equity Markets;</title>
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		<title>Stocks Slip on Banking Concerns</title>
		<link>http://www.straightstocks.com/market-commentary/stocks-slip-on-banking-concerns/</link>
		<comments>http://www.straightstocks.com/market-commentary/stocks-slip-on-banking-concerns/#comments</comments>
		<pubDate>Tue, 01 Sep 2009 19:30:55 +0000</pubDate>
		<dc:creator>Contrarian Profits</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Asia Pacific]]></category>
		<category><![CDATA[Bank Failures]]></category>
		<category><![CDATA[bank index]]></category>
		<category><![CDATA[bank of england]]></category>
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		<category><![CDATA[Calyon]]></category>
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		<category><![CDATA[Oil Prices]]></category>
		<category><![CDATA[Orlando Green]]></category>
		<category><![CDATA[Peter Kenny]]></category>
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		<guid isPermaLink="false">http://www.contrarianprofits.com/?p=20301</guid>
		<description><![CDATA[pGLOBAL MARKETS-, dollar gains/p
p(Refiles to fix typo in headline)/p
p* U.S. stocks slump as fear of more bank failures grows/p
p* Dollar rises versus yen after strong U.S. factory data/p
p* Oil slips below $69 a barrel on equities, strong dollar/p
pU.S. stocks fell sharply on Tuesday as growing concerns about the U.S. banking system and over whether a recent rally in equity markets is warranted drove investors to the relative safety of bonds and the dollar./p
pOil prices fell as the economic concerns outweighed surprisingly bullish U.S. data: the manufacturing sector grew in August for the first time in 19 months, while pending home sales hits a two-year high in July./p
pGovernment bond prices on both sides of the Atlantic rose as falling stocks enhanced#8230;/p]]></description>
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		<title>Wall St Rises as Home Sales Jump</title>
		<link>http://www.straightstocks.com/market-commentary/wall-st-rises-as-home-sales-jump/</link>
		<comments>http://www.straightstocks.com/market-commentary/wall-st-rises-as-home-sales-jump/#comments</comments>
		<pubDate>Wed, 26 Aug 2009 18:41:32 +0000</pubDate>
		<dc:creator>Contrarian Profits</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[contrarian profits]]></category>
		<category><![CDATA[D R Horton Inc.]]></category>
		<category><![CDATA[Dow 30]]></category>
		<category><![CDATA[Dow Jones home construction]]></category>
		<category><![CDATA[Jersey City]]></category>
		<category><![CDATA[Knight Equity Markets;]]></category>
		<category><![CDATA[Managing Director]]></category>
		<category><![CDATA[mortgage applications]]></category>
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		<category><![CDATA[Peter Kenny]]></category>
		<category><![CDATA[Pulte Homes Inc]]></category>
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		<guid isPermaLink="false">http://www.contrarianprofits.com/?p=20147</guid>
		<description><![CDATA[pU.S. stocks advanced on Wednesday after data showed July new home sales rose at their fastest pace in almost a year, while durable goods orders increased, but less than forecast excluding transportation./p
pSales of new homes rose for a fourth straight month in July and at their fastest pace since September 2008, while the inventory of unsold homes fell to the lowest level in 16 years, the government reported./p
p#8220;These are great numbers, and they should definitely add fuel to the move higher in the market,#8221; said Peter Kenny, managing director at Knight Equity Markets in Jersey City, New Jersey./p
p#8220;It#8217;s all very positive, not just because of the macro implications but because they will drive consumer confidence numbers (higher).#8221;/p
pThe Dow Jones industrial#8230;/p]]></description>
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		<title>Base Metals Mostly Higher</title>
		<link>http://www.straightstocks.com/market-commentary/base-metals-mostly-higher-2/</link>
		<comments>http://www.straightstocks.com/market-commentary/base-metals-mostly-higher-2/#comments</comments>
		<pubDate>Wed, 27 May 2009 19:37:57 +0000</pubDate>
		<dc:creator>Doug Casey</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[cent;]]></category>
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		<category><![CDATA[China's State Reserves Bureau;]]></category>
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		<guid isPermaLink="false">http://www.contrarianprofits.com/?p=17168</guid>
		<description><![CDATA[pThe base metals were mostly in positive territory on Tuesday. Copper fell all through the pre-dawn hours, but once New York opened it was all on the opposite direction, as it finished just off its intraday highs at $2.1137/lb., up just short of 4 cents from Friday. /p
pNickel was flat until early New York trading, then took off, blasting past the $6 mark to close at $6.0267/lb., up almost 30 cents. Zinc was modestly lower at $0.6674/lb., down two-thirds of a cent. Aluminum edged higher, ending at $0.6426/lb., up nearly a half-cent, while lead added two-thirds of a cent, to $0.6428/lb./p
pCopper led the charge higher, as the big jump in consumer sentiment caused the market mood to turn on a#8230;/p]]></description>
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		<title>U.S. Housing Starts and Permits Revisit Record Lows in April</title>
		<link>http://www.straightstocks.com/market-commentary/us-housing-starts-and-permits-revisit-record-lows-in-april/</link>
		<comments>http://www.straightstocks.com/market-commentary/us-housing-starts-and-permits-revisit-record-lows-in-april/#comments</comments>
		<pubDate>Tue, 19 May 2009 16:00:37 +0000</pubDate>
		<dc:creator>Contrarian Profits</dc:creator>
				<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[contrarian profits]]></category>
		<category><![CDATA[Department Of Commerce]]></category>
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		<category><![CDATA[Lowe's Cos.;]]></category>
		<category><![CDATA[Midwest]]></category>
		<category><![CDATA[naturaldisaster]]></category>
		<category><![CDATA[Peter Kenny]]></category>
		<category><![CDATA[Retail Sector]]></category>
		<category><![CDATA[Reuters]]></category>
		<category><![CDATA[The Home Depot Inc.]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[Us Department Of Commerce]]></category>

		<guid isPermaLink="false">http://www.contrarianprofits.com/?p=16851</guid>
		<description><![CDATA[pU.S. housing starts and permits unexpectedly plummeted to record lows in April, torpedoing hopes of a housing market recovery as well as hopes the overall economy is regaining traction./p
pStarts for privately owned homes a href="http://www.census.gov/const/www/newresconstindex.html" target="_blank"clocked in at a 458,000  annual rate/a, a 12.8% decline from March’s revised rate of 525,000 and a 54.2% dive from April 2008’s annual rate of 1,001,000 starts, according to a report from the U.S. Department of Commerce./p
pMeanwhile, building permits for privately owned housing units were applied for at a seasonally adjusted annual rate of 494,000, 3.3% below March’s revised rate of 511,000 and a 50.2% plummet from April 2008’s revised rate of 991,000./p
pThe Commerce Department report also sheds light on the  complexity of the housing market’s#8230;/p]]></description>
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