Mortgage Industry

Daily Market Commentary for September 5, 2008 from Millennium-Traders.Com

An increase in the number of foreclosures has been seen in California and Florida resulting in erasing improvements in the mortgage industry in several states including but not limited to Texas and Massachusetts. (read more)

At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price: (more…)

Unemployment Rate

Daily Market Commentary for November 7, 2008 from Millennium-Traders.Com

The U.S. unemployment rate hit a 14-year high as the U.S. economy lost 240,000 job in October! (read more)
http://www.millennium-traders.com/news/newscommentary.aspx

Economic data released today:

Employment Sit (more…)

12 Vital Features Of Day Trading

One can hear terms like currency, trade, foreign exchange, stock and so on, constantly being thrown around in any conversation revolving round business and trade! While some definitions are easy to grasp (currency trading, foreign exchange, etc.), others can be quite defeating! It is not possible to explain the entire trading world in a small article. So, we shall just stick to a detailed commentary on the latest concept called “day trading”.< (more…)

Trading The Stockmarket In Minutes

How do you become stockmarket savvy if you do not have the time to learn, as frequently these days most of us do not? Do you enrol on an expensive course and hopefully after 3 days of solid tuition you come out a trader? Most people after they have completed a course do not trade or take what they have learned to the next level.

What if you have the time but not the money? You need to find out where the good sources of information (more…)

Monetary Policy

Daily Market Commentary for August 22, 2008 from Millennium-Traders.Com
http://www.millennium-traders.com

The Federal Reserve’s response to this crisis has consisted of three key elements. … eased monetary policy; … offer liquidity support to the financial markets; … range of activities and initiatives undertaken… (re (more…)

Lost Money from Trading or Good Self Investment?

You can’t enter the world of day trading on a few well rubbed nickels. Jumping in and developing good trading skills takes some time as well as some money. Most new traders do not find immediate success, even short lived success, until after they have spent the money and time learning the process and learning how to recover from the inevitable mistake. Your perception of the money that isn’t readily recovered is going to determine whether you sti (more…)

Liquidity

Daily Market Commentary for September 12, 2008 from Millennium-Traders.Com

Washington Mutual maintains its stance that its liquidity position remains strong with $50 Billion in liquidity on its books. (read more)
http://www.millennium-traders.com/news/newscommentary.aspx

At the NYSE closing be (more…)

Global Recession

Daily Market Commentary for October 24, 2008 from Millennium-Traders.Com

A worldwide recession is almost imminent increasing the possibility of panic in the global financial markets which will result in more fallout from massive market selloffs. (read more)
http://www.millennium-traders.com/news/newscommenta (more…)

Cabinet Members

Daily Market Commentary for November 21, 2008 from Millennium-Traders.Com

Into the final hour of trading, nice gains were seen across the board as news broke on President Elect Obama cabinet selections appeared to please investors. (read more)   
http://www.millennium-traders.com/news/newscommentary.aspx (more…)

Elite Trading Club: Market Bytes

Forex is the most traded commodity on the planet. Its traded more than gold or oil. Its traded more than shares or bonds. Heck it’s even traded more than google.com stock. Individuals, Businesses, Banks and countries are exchanging currency on a daily basis as part of the global community. Now with the onset of high speed internet, you can trade it for a living from your home computer.

But only a small percentage of traders end up making m (more…)