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US Stocks Rise As US Growth Meets Expectations

New York, Dec 22, 2015 (AFP) – Wall Street stocks opened higher Tuesday after US data showed third-quarter economic growth in line with expectations at two percent.

Five minutes into trade, the Dow Jones Industrial Average was at 17,302.79, up 51.17 points (0.30 percent).

The broad-based S&P 500 rose 6.12 (0.30 percent) to 2,027.27, while the tech-rich Nasdaq Composite Index gained 11.07 (0.22 percent) to 4,980.00.

The estimate for US growth in the July to September period was shaved from 2.1 percent to 2.0 percent, in part because of lower business investment in inventories.

The report showed personal consumption expenditure, which drives about two-thirds of the activity in the US economy, rose by an estimated 3.0 percent. Barclays rated the consumption spending as “solid.”

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Hot Penny Stocks By Microcap Millionaires – A Review

Microcap Millionaires was designed and developed by Matt Morris. Its purpose is to make private investors in the stock market for more money. One of the strategies that you use the pump Microcap Millionaires Penny Finder strategy. As complex as the stock market today, this sector needs planning strategies for planned operations. The design of the pump Finder Penny is done for this type of strategy and planning. In fact, this type of system looks great on rookie investors.

Microcap trading can help you earn big money, but this only applies if you are able, good penny stocks can be found. Find a good penny stock, you can eat your time for many retailers Microcap Millionaires newsletter if subscribe to information both within WHO MicroCap stocks in the world. Read more

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Oil Prices Fall Again As US Rig Count Rises

New York, Dec 18, 2015 (AFP) – Oil prices fell for the third straight session Friday as a higher US drilling rig count added to gloom over a market glutted with petroleum.

US benchmark West Texas Intermediate for January delivery dropped 22 cents to $34.73 a barrel on the New York Mercantile Exchange, a fresh low since February 2009.

In London, Brent North Sea crude for delivery in February fell 18 cents to $36.88 a barrel. Read more

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US Stocks End Volatile Week Sharply Lower; Dow -2.1%

New York, Dec 18, 2015 (AFP) – The Dow dropped more than two percent Friday as US stocks finished a volatile week sharply lower due in part to worries about falling oil prices.

Shortly after the closing bell, the Dow Jones Industrial Average was at 17.126.92, down 368.92 points (2.11 percent).

The broad-based S&P 500 fell 36.46 (1.79 percent) to 2,005.43, while the tech-rich Nasdaq Composite Index lost 79.47 (1.59 percent) at 5,923.08. Read more

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Six Tips for 401k Investing in Today’s Volatile Market

With the recent volatile financial markets, many 401k plan participants are asking for guidance on how to manage their 401k plan assets. To help answer provide some guidance, Charles Schwab & Co.* has released these six tips from Senior Vice President Mark W. Riepe, CFA. Participants should keep these tips in mind as they manage their 401k in today’s unpredictable market.

Here are Mr. Riepe’s six tips.

Keep Doing the Right Thing

Continue to make contributions to your retirement accounts. Our economy isn’t the greatest right now, but the fact remains that practically all of us will retire from the work force at some point in our lives. Even those of us who love work and can’t imagine doing anything else will come to a point where we can’t work any longer. Read more

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Top 3 Forex Myths Exposed

Being the largest financial market in the world, Forex is able to draw in millions of new investors every year. Unfortunately, most of these investors will ultimately lose their money and help to fund the small percentage of investors making a living in the Foreign Exchange Market.

A big part of the reason that so many people lose their investment within the marketplace is because they buy into the many myths floating around about how Forex works in principle.

It is extremely easy to get caught up in the myth and legend of Forex and to ignore the reality. After all, people from the outside looking in see that trillions of dollars are trading hands daily. They see that some people are able to invest only a few hundred dollars and earn a living. They see so many automated programs on the market that the entire system just screams success to the everyday Joe just trying to supplement his income. But the truth is that the Foreign Exchange Market is tricky and brutal and will eat unskilled investors alive. Read more

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Forex Currency Trading

You’re probably reading this because you’re thinking of venturing into forex currency trading. Bear in mind that it’s a long road before you can trade confidently and profitably on your own – but the first step is learning as much as you can can about forex markets, and how to take advantage of them. Here are some of the basics you need to know about.

Currency Pairs

In forex currency trading, you always trade currencies in pairs. That means you buy one and sell another. For example, if you lived in the United States and you bet that the dollar was going to lose value against the British Pound, you would buy the pair GBP:USD. Conversely you could say you sell the pair USD:GBP. The result is the same: you’ve sold some of your own currency and changed it into another. Read more

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Understanding Forex Simulator Trading

Practicing using forex simulator trading is the best way to learn how to trade forex and other commodities without exposing yourself to any risk.  Trading simulators get slightly delayed quotes, and are usually free or usable for 30 days without paying, and they allow you to see how your trades would have fared in the real market before you commit to investing your own money.

If you’re just starting out, it is absolutely essential that you practice using forex simulator trading before trading on the real thing.  Forex trading carries high risk, and you need to be absolutely confident in what you are doing before you put real money down. Read more

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Learn to Trade Forex – Simple Strategies

If you’re swayed by promises of making large profits in no time by trading forex, then know this: it is entirely possible, but it is not luck or good instinct that makes you money. Buying shares to put away for your kids’ education is a decision that can be made with a lot of thought, and a good serving of faith in a well-run company.

In the fast world of forex trading the average trade lasts less than a second, thanks to computer trading software. If you want to learn to trade forex, strategies that are tried and tested are the only things that will give you any chance of making a profit. Read more

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Forex Trading System – Strategies

It’s a well-known fact that only 5% of forex traders are successful, and this is largely to do with strategy.  In order to formulate your own forex trading system strategy, you will probably need to do a lot of reading about statistical analysis, and practice several styles of trading on a practice account before you take on some real trades.

Fortunately, there are a number of tried and tested strategies out there that require just a little bit of know-how and common sense to implement, and will generally be successful if you keep your emotions out of play.  Any forex trading system strategy is bound to be flawed in certain circumstances – there is an exception to every rule. Read more