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Showing posts from November, 2009

Captain Goldilocks - Part II

Fed likely to keep key interest rate at record low WASHINGTON (AP) -- Faced with lurking dangers to the budding recovery, Federal Reserve policymakers are sure to leave a key interest rate at a record low to entice Americans to spend more and help the economic turnaround gain traction. The economy started to grow again last quarter for the first time in more than a year, although there are uncertainties about the strength and staying power of the recovery, especially after government supports are removed. Fed Chairman Ben Bernanke and his colleagues, wrapping up a two-day meeting Wednesday, are likely to note the country's economic and financial improvements. But they'll also warn that rising joblessness and hard-to-get-credit for many people and companies will restrain the rebound in the months ahead. Troubles in the commercial real estate market, where soured loans are contributing to bank failures, also remain a concern. At its last meeting in late September, the Fed opted t...

Gold: All time highs

Silver: Still holding up

India: The Golden Sparrow

This is such a good news I couldn't resist posting this. India: The Golden Sparrow RBI Buys 200 Tonnes of Gold Worth $ 6.7 bn The International Monetary Fund has sold 200 metric tons of gold worth $6.7 billion to India's central bank as part of an effort to shore up IMF finances and increase low-cost lending to developing countries. The amount represents almost half the total sales volume of 403.3 metric tons approved by the IMF in September, the lending organization said Monday, a decision anticipated for more than a year and discounted by gold markets. China, India and Russia have indicated interest in such purchases as a way of reducing their position in dollar-denominated securities, particularly since the steep fall in the dollar's value. The purchases also serve as a way of increasing these countries' influence at the Washington-based IMF. But analysts had expected China to become the first purchaser of IMF gold. China's foreign reserves, already the world...

Quote Tracker - Free download of market data

I have found this little utility to be very useful. The features include: Supports your datafeeds: Streaming Real-Time quotes Live real-time intraday charts Dynamic Historical charts Streaming Level II Quotes Provides: Over 120 Technical Indicators Integrated Trading Intraday & Historical Chart Trend Lines Advanced Alert System with Email alerts NEWS Monitoring Multiple portfolios support Customizable portfolio views Scrolling Ticker Tape Portfolio Printing Ability to connect to many data feeds

Blue Crush: Resurrection

Hi folks, Its been a long break from my Blogger blog. We, in the interim tried many things like trying out the hosted blog at MutantIdeas and having an interim blog (aka blog-in-transit) at Wordpress (Surff.wordpress.com). We faced lots of issues with Mutant Ideas due to constant technical glitches and ultimately were not able to do any justice to the blog. We hope to bring back lot of cheer back in to the Blue Crush blog. Going forward, you will see a lot more analysis of technical of stocks, Forex and Commodities. The fundamental aspect that we wished to start was, sad to say, still-born. So guys, we are back. Lets enjoy.