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| Archive: Jul 26, 2010 |
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Top Stories Asia Markets: Asia stocks rally, with resource, tech shares up Asia stocks rally, tracking overnight gains in the U.S., with many indexes up 1% or more as resource and tech shares help lead the advance.
Currencies: Dollar edges back up as euro slips The dollar resumes a path higher on Tuesday after taking a leg down in the prior session.
Bill Mann's Canada: Canadian Pacific proxy fight a turning point The stockholder showdown at Canadian Pacific Railway’s annual meeting, which led to the ouster of the railroad’s top two execs, marked an important turning point in the way Canadian corporate board members are likely to deal with impatient stockholders, especially the major ones.
Where the stock and bond bargains are hiding Both the safest and the riskiest assets are overbought. Jack Hough hunts for the best deals in the middle.
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In anticipation of my leaving, a week ago Friday, the market fell to the lower end of the support range. The S & P slipped below 1075 and immediately tested 1050, by holding 1056. However, learning of my successful summiting of Mt. Whitney on Friday, the market rallied back to close just slightly above the level when I had left, and just slightly below the resistance point. The battle is on between the economic data and earnings data. Last... full story >>