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[DarenPowell]

The Dow Jones fell by 13.65 points (-0.10%) as investors looked to take profit late in the session. Crude oil increased by 2% on Monday as continued uncertainty arose from the world’s eighth largest exporter, Nigeria. Crude rose by US$1.33 a barrel to US$66.27. Looking ahead, the Richmond Fed index will be made public today with the previous figure at -11. With little major US economic data due this week!!!!!!

[marketwavez]

Us Dollar

Usd/Chf

Welcome to the " Obama Rally " !

Price action has been steadily rising
from just before the Inauguration .....
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1st target....... has been reached .......

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Elliott Waves Formations at Work

[pinalli]

Hi,

Investors and traders were still digesting the nearly 2 Trillion Dollar bank bailout plan announced by US treasury secretary, Timothy Geithner. Coupled with the US Congressional stimulus package that President Obama has been pushing through the legislature, this brings the total amount that the US is investing in stemming the economic decline to nearly 3 Trillion Dollars. Many applaud the US for their steadfast, all-in approach to helping the economy but question the size and scope of the plans and America’s ability to actually afford it. The Dollar fell ½ of a percent to the Yen to 90.26 and ¾ of a percent against the Euro to 1.2943.

[demeanor]

Yesterday I was all set to invest on U.S stocks. I wanted to sell the shares which I'm holding, but then I realized that the market was in doldrums and that instead of selling the shares, I bought some shares. With Government stress tests on big banks out of the way, and after a steep rise from March lows, investors sold some financial's across U.S and took some of their recent gains.