How to Deal With the Downtrend
Uncertainty is never good for the stock market, and it's rampant again. Sunday night futures were pointed toward sharp losses for the major averages, but the declines weren't too bad early Monday.
The euro fell early Monday, and the U.S. dollar strengthened as election results across Europe unnerved investors. The U.S. Dollar Index has strengthened in recent days, but it still has more work to do to prove that a new uptrend is for real. Early Monday, the index was trading around 79.72, up 0.28%, but it's going to have to get over 80 for a true breakout....468 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.