"I'm Charlie" And 9/11
Written by Frank Li
A horrible tragedy occurred in Paris recently: three gunmen dashed into a magazine office and killed several editors and journalists. I unequivocally condemn the attack and feel sorry for the victims and their families.
Market Commentary: Markets Close Higher, Trading Mostly Sideways On Low Volume
Written by Gary
Closing Market Commentary For 01-21-2015
Afternoon markets basically traded sideways on low volume. Although the averages closed higher than yesterday, it was a bit of the same ol', same ol'. The volatility added a new dimension to trading, but most of that was in the first hour and a half and then the averages entered the dreaded sideways phase.
By 4 pm the markets closed up moderately and without a hint what Mr. Market is going to do tomorrow in face continuing claims and initial jobless reports in the am. Just about every commodity and equity is at a resistance or support and could go in either direction.
What We Read Today 21 January 2015
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
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Market Commentary: Markets Solidly In The Green, Stall, Now Trading Sideways On Low Volume
Written by Gary
Midday Market Commentary For 01-21-2015
Noontime average seem to have climbed as high as they are going to today, but when you are at a crossroad it is sometime difficult to say with any certainty which way a market will go in the short-term.
By noon the volume has fallen off to low, sometimes anemic, levels and the DOW finally moved into the green. Generally the averages were solidly in the green and some analysts are speculating if this bullishness will last. Tweet me with your thoughts.
Us Navy Satellite Blasts Off
A rocket carrying a new U.S. Navy satellite that's designed to improve communications for forces on the move, successfully lifts off from Florida.
Market Commentary: Markets Open Down Melt Up To Flat With Much Volatility
Written by Gary
Opening Market Commentary For 01-21-2015
Premarkets were down -0.3% with some unusual, but obvious volatility. Markets opened down and quickly rose into the green on heavy volume. Volatility is the game plan for the day as the averages slid back into the red and the climbed back to the unchanged line were they vacillated back and forth confusing even the day traders.
By 10 am the averages were mostly flat, green and the DOW down 20 points as volume fell to low to moderate levels.
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Standard And Poor's Charged With Fraudulent Ratings Misconduct
by Securities and Exchange Commission
The Securities and Exchange Commission today announced a series of federal securities law violations by Standard & Poor's Ratings Services involving fraudulent misconduct in its ratings of certain commercial mortgage-backed securities (CMBS).
Residential Building Sector Better in December 2014, But Continued Deceleration in the Averages.
Written by Steven Hansen
Residential building permits were soft but not as bad as last month. Construction completions continue to outnumberpermits (showing that the future likely will be worse than today). As the data is noisy and with backward revisions, the rolling averages are the best metric to view this series - and the growth continues to decelerate.
Swiss Franc Soars as Currency Cap is Abandoned
Written by Brett Chatz, Intertrader
Meta Description
The Swiss National Bank removed the 1.20 Swiss Franc per euro cap which caused major ripples in the financial markets.
Current Account Surplus May Damp The Effects Of China's Credit Boom
from the Dallas Fed
Analysts and the financial press have scrutinized the buildup of private sector borrowing in China over the past few years. Debt accumulation seems eerily familiar to what occurred in past credit booms, most notably in the euro zone periphery in the mid-2000s and in East Asia a decade earlier.
Zombie Cookie: The Tracking Cookie That You Can't Kill
Special Report from ProPublica
by Julia Angwin and Mike Tigas, ProPublica
Update, Jan. 16, 2014: In response to our revelation, Turn said it will suspend using its zombie cookie.
Econintersect note regarding update: See ProPublica article immediately preceding this one: Zombie Cookies slated to be Killed.
An online advertising clearinghouse relied on by Google, Yahoo and Facebook is using controversial cookies that come back from the dead to track the web surfing of Verizon customers.
Zombie Cookies Slated to be Killed
Special Report from ProPublica
by Julia Angwin and Mike Tigas, ProPublica
Tech company Turn said it would stop using tracking cookies that are impossible to delete. The decision came in response to a ProPublica article this week that revealed the controversial practice.
December 2014 Sea Container Counts Continue to Show Softness in Trade
Written by Steven Hansen
Export container counts continue to weaken, which is usually awarning that the global economy is slowing. Export three month rolling averages continue to decelerate - being in negative territory year-over-year. However, there are serious labor issues at all West Coast ports, and it is hard to understand the effect on the container counts. One should also consider that exports have been decelerating most of 2014 - well before the labor disputes.
Trucking Tonnage Index Unchanged in December 2014
Economic data was mixed in December, with retail sales down 0.9% and factory output up 0.3%, so tonnage was in-between those two readings, which are two large drivers of truck freight.Overall, 2014 was a good year for truck tonnage with significant gains throughout the year after falling 4.5% in January alone. In December, tonnage was 10.2% above January.Freight volumes look good going into 2015. Expectan accelerationin consumer spending and factory output to offset the weakness in hydraulicfrackingthis year.
Gasoline Prices for Week Ending 19 January 2015 Continue to Fall
Econintersect: Average gasoline prices fell 7.5 cents per gallon nationwide (Lowest since May 2009) this past week following the previous week's 7.6 cent fall from the week before. In the last year, gas prices have fallen 1.22cents a gallon.
Average prices by region and a breakdown by grade follow after "Read more >>".
Infographic of the Day: Apocalypse When?
Which apocalyptic threats are most likely to wipe out Earth's population and when?
Investing.com Technical Summary 20 January 2014
Investing.com Technical Analysis (as of Tue, 20 January 2015 05:00pm EST)
by Investing.com Staff, Investing.com
Below, technical overviews and analysis for key stock indices, commodities and 
currency pairs, based on market activity at the close of the 20 January 2015 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.
currency pairs, based on market activity at the close of the 20 January 2015 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.The Next Subprime Crisis Has Already Started
Special Report from Money Morning
by Shah Gilani, Money Morning
Reading about what's going on in the subprime auto lending space is a lot like reading about drive-by shootings.
Unless you're a subprime borrower, or live in a neighborhood where drive-bys are happening, you probably don't know much about either or think they affect you.
How Deadly Cancer may Actually be Spread by Survival Mechanism
by Catherine Hogan, The Conversation
Pancreatic cancer is a devastating disease. With a ten-year survival rate of just 1%, it has the poorest prognosis of all solid tumours. The main reason for this is that tumours of the pancreas largely develop without symptoms. Therefore, by the time many patients are diagnosed, the disease has advanced to a metastatic and incurable stage.
Americans Say a Senior Official Should Have Gone to Paris
from Felix Richter, Statista.com
by Niall McCarthy
by Niall McCarthy
The White House has apologized for the absence of a senior American leader at the recent unity march in Paris, blaming short notice and a lack of time for implementing security measures, especially for a presidential visit.
