The Commerce Department said that gross domestic product increased at an annual rate of 2% in the third quarter following the 1.7% growth that was seen in the second quarter. The increase in GDP matched the expectations of economists.             charts by RTTNews The weekly jobless claims fell by 21,000 to 434,000 in the week ended...

(Excerpted portions of the most recent BullBear Weekend Report) In last week’s BullBear Weekend Report I continued to maintain a Bullish long and intermediate term bias on the S&P 500 while turning bearish on the short term. The week showed a continuation of choppy range bound action with a significant drop in trading volume. At this...

Tim Iacono There were no surprises in today’s Commerce Department report showing the U.S. economy expanded at a rate of 2.0 percent in the third quarter – that’s exactly what markets expected. While two percent is a number that policymakers would much rather see from the inflation data – not the growth data – it looks quite a bit better...

Rumors are, the U.S. government “is propping up the stock market.” Out of thousands of questions recently submitted to us at Elliott Wave International, the most frequent one received is: “Can the Fed manipulate the stock market?” Read our expert’s answer on this and other...

By Phil of Phil’s Stock World Is bad news going to be good news? Last quarter, after several adjustments, it has been decided that our GDP grew at a 1.7% rate.  The general consensus is that this quarter we should be up around 2% but the whisper number is a big miss, down to 1.3%.  Slower GDP growth will be GOOD for the stock market...

The Market Ticker Well here’s the “big number” for the week…. Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 2.0 percent in the third quarter of 2010, (that is, from the second quarter to the third quarter),...

One of the biggest innovations in the option trading field for some time has been the recent growth and acceptance of Weekly Options. Most of these are provided by the Chicago Board Options Exchange (CBOE), which is the world?s busiest options exchange. What are Weekly Options and how do they differ from normal Monthly Expiration options? Well...

Mike Lee Of T3Live This week I decided to do something a little different for my blog post, and solicited questions from you, the readers of this blog, for me to answer. I was very pleased with the response. Let’s jump right into it! Q: Any opinion on the article [Here's the Proof Day Trading is DEAD recently seen on Wall Street Cheat Sheet and...

Courtesy of Karl Denninger at The Market Ticker Heh, this is getting to be a pattern…. “The problem I have with QE2, is it behaves like a tax on the consumer,” said David Giroux, a fund manager at T. Rowe Price. “People want to believe it’s a free lunch for the economy, but it’s definitely not. Next year, we’re going to...

Many have been wondering what the newly upgraded service TheGoldAndOilGuy.com provides so I have put together this report so you can see the pre-market morning video, updates, charts and trades. View Trading Video and Anaylsis Here: http://www.thegoldandoilguy.com/downloads/ETF-Trading-Newsletter.pdf Chris Vermeulen TheGoldAndOilGuy.com

By: John Darsie of T3Live Yesterday one of the big stories circulating around the blogosphere was the labeled anti-Fed diatribes of two top asset managers: Pimco’s Bill Gross and Jeremy Grantham of Grantham Mayo Otterloo & Co. While Grantham’s ‘critique’ was somewhat in character, the strong words from supposed Fed crony...

Las Vegas Sands Corp. (NYSE:LVS) spiked by 12% in pre-market trading on Thursday after the casino operator posted better-than-expected third-quarter results. The company swung to profitability on a GAAP basis, earning $214.5 million, or 21 cents per share, compared to a net loss of -$76.5 million, or -19 cents per share, in the same period last year....

Submitted by Tyler Durden Freddie Mac updated its weekly mortgage survey and notes that for the week just ended, the 30 Year FRM has risen for the second week in a row from an all time low of 4.19%, now at 4.23%. This is a direct impact of the recent rise in yields in the 10 year UST. And since the White House’s primary goal through the end of...

by Karl Denninger Of course it’s “better than expected”….. In the week ending Oct. 23, the advance figure for seasonally adjusted initial claims was 434,000, a decrease of 21,000 from the previous week’s revised figure of 455,000. The 4-week moving average was 453,250, a decrease of 5,500 from the previous week’s...

Submitted by Tyler Durden Yesterday’s announcement by CFTC commissioner Bart Chilton that he was fully aware of fraudulent efforts to persuade and deviously control silver prices may have been the straw that broke the gold and silver price manipulating camel’s back on precious metal manipulation. Today, Brian Beatty and Peter Laskaris...