Online Trading and Investing Journal

Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn’t mean there’s an epidemic of bad gas pedals in the popular hybrid.
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Scant buying lifted stocks for a second day Wednesday after the government reported a drop in companies’ inventories. The Dow Jones industrials rose only 3 points as the market remained in a lull that began on Monday.
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Stocks are continuing their slow trek higher after the government’s report of a drop in companies’ inventories during January.
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Investors are continuing to search for direction Wednesday, after two days of relatively flat trading. Stock futures edged higher.
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AUD/USD: The latest break back above 0.9100 has opened a test of the 78.6% fib retracement off of the 2010 high-lows by 0.9160. However, any additional gains beyond 0.9160 are seen limited, and we would recommend looking to sell by this critical fib retrace in favor of some major declines back towards 0.8600 over the […]