ValueForum has provided me with eye opening information on a wide scale.more testimonials »
Trade Deficit Widens Unexpectedly Wednesday, August 11, 12:45 PM ET
On Wednesday the Commerce Department announced that exports fell in June, while imports increased, leading to a higher than expected trade deficit of just under 50 billion dollars. In May the trade deficit was 42 billion, and analysts had been expecting a similar number for June.
The falling export numbers could point to a weakening economic recovery in the U.S., a sentiment echoed by yesterday's gloomier outlook from the Federal Reserve. The Fed announced it would start reinvesting proceeds from mortgage bonds it bought during the height of the financial crisis, into government debt, aiming to keep interest rates low.
The various negative economic data was causing investors to hit the sell button on Wednesday, with the SPDR Dow Jones Industrial Average ETF (AMEX:DIA) falling more than 2%, the SPDR S&P 500 ETF (AMEX:SPY) down more than 2 and a half percent, and stocks on the NASDAQ falling hardest, with the PowerShares QQQ ETF (QQQQ) down almost 3% on the day so far.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
ValueForum has provided me with eye opening
Friday 5/17 Insider Buying Report: CONE, ERII
Friday 5/17 Insider Buying Report: WFR, VSTM
Thursday 5/16 Insider Buying Report: SIX, MRIN
Daily Wrap: May 17, 2013
Donaldson Shares Slip On Lowered Guidance
Daily Wrap: May 16, 2013
Analyst Moves: AMAT, ARUN, DE
Analyst Moves: NOC, GM, GILD
Analyst Moves: WSM, LTD, ADSK
Friday Sector Leaders: Education & Training Services, Auto Parts
Friday Sector Laggards: Precious Metals, Rental, Royalty Trusts
Thursday Sector Leaders: Shipping, Education & Training Services
Friday's ETF with Unusual Volume: IYK
Friday's ETF Movers: PSCM, PSAU
HYG, RUSS: Big ETF Outflows
Daily Dividend Report: AET, DV, RWT, BGS, WMB
Daily Dividend Report: SYY, VTR, HIG, ESS, XEC
Daily Dividend Report: COH, STT, WDC, KSS, DPS
Initial Jobless Claims Jump by 32k
Jobless Claims Fall to Five Year Low
Hiring Picture Improves In April
Weekly Market Wrap: May 17, 2013
Weekly Market Wrap: May 10, 2013
Weekly Market Wrap: May 3, 2013
Week Ahead Market Report: May 13, 2013
Week Ahead Market Report: May 6, 2013
Week Ahead Market Report: April 29, 2013