Author Archives: Douglas Rooney

Last week the S&P successfully tested the 20 day moving average on Monday and broke out Tuesday with the rest of the week spent near Tuesday’s highs. With the US dollar continuing to dive and crude turning up (helping oil production and service companies) the market hasn’t been willing to give back much before the buyers jump in. The only negative has been in interest rates, which have fallen. This generally indicates money flowing out of the market, however in this case it may simply indicate money flowing out of the US Treasury to drive rates lower. Continue reading →

The expense of performing business globally, different time zones as well as a wide variety of currencies once made it complex for offshore con artists to victimize consumers within the usa nonetheless the Net and the capacity to without difficulty move funds around with on-line banking wire transactions, paypal and western union online has popped the doors for those thief’s to effectively rip-off people out of their assets. Continue reading →