Dollar at Risk of Fresh Plunge as Dow Moves to Test Multi-Year Highs
Archive for February 3rd, 2012
US Dollar Risks Collapse on Dow Surge…If this is a True Risk Rally
Not everybody won after the excellent unemployment numbers.
“There’s no fear in this market right now. They’ve absolutely crushed volatility,” one options trader said. In the week ahead, traders will be watching testimony from Bernanke and earnings from Coke, Disney & more.
Colorado stocks: Wall St. soars; Clovis up 13%, M.D.C. up 11%
Genworth Financial Inc. and Ameriprise Financial Inc. shares rallied Friday, helping financial stocks outperform the broader market which tracked higher on upbeat jobs data for January.
NetGear and Spirit Airlines are among shares seeing a spike in activity.
U.S. stocks surged Friday after a stronger-than-expected report on January job growth. Unemployment declined to 8.3%.
Integrated oil stocks underperformed the S&P 500 index +0.87% to +1.46% in today’s session. Industry leaders included Hess Corp. (NYSE: HES – News) and Occidental Petroleum (NYSE: OXY – News) . These stocks rose …