Posts Tagged ‘market’

Traders Buy ‘Quality,’ Reject Rapid-Fire Roots

With it strong earnings report Tuesday and a three percent dividend yield, Coca-Cola [KO  53.93    0.14  (+0.26%)   ] signifies the kind of stock that even rapid-fire traders are turning to for refuge in this volatile market.
Pete Najarian, co-founder of OptionMonster.com, bobbed and weaved throughout the market’s monster run from the March 2009 lows, racking up [...]

Dollar Reaches 9-Month High against the Euro

The Dollar rallied against the Euro yesterday, gaining over 200 pips. The EUR/USD pair reached a 9-month low as a result, dropping to the 1.3670 level. The Dollar also gained about 200 pips vs. the Pound today, marking an extremely bullish session.

The Dollar’s bullish trend continued yesterday. It appears that the risk-aversion is currently dominating [...]

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