US economic data will likely prove to be mixed on Thursday, as Durable Goods Orders are anticipated to improve while New Home Sales are expected to fall.

Tim Bourquin interviews Timothy Sykes, who talk about why he focuses on shorting micro cap stocks, and why he closed his hedge fund in order to write and trade.

Think you know about risk and reward?  Most traders use the target price and the stop price as their model of risk and reward, and leave it at that. However, they may be missing an important risk/reward concept.

You’ve got to hand it to the Goldman crowd. They securitized dicey mortgages, sold them to their customers, and then, in order to protect themselves from the inevitable losses, sold them short!  Any Humpty Dumpty investor dumb enough to sit on this wall deserves to be pushed. Goldman gave them all a shove – and made money doing it.

The US dollar steadily lost ground today against nearly all of the majors as the forex markets remain overwhelmingly bearish on the beleaguered currency.

The release of existing home sales figures in line with or worse than expectations could rattle the equity, forex, and fixed income markets as the figures may spark additional speculation that credit markets and the economy still face many road blocks before they can fully recover.

The typical fellow has no obvious way to protect himself. His house falls in value, his earnings go down in value, his living costs go up, and he’s out of luck.

Derek Frey provides weekly market commentary on currencies for the week of October 22.

The US dollar made solid headway higher on Monday, but with little fundamental impetus other than simple short covering following the uneventful G7 meeting, the move highlights the speculative nature of the markets.

Canadian retail sales growth during the month of August is anticipated to improve after faltering during the month prior.