Monday, March 24, 2008

Hong Kong, Sydney stocks soar; A Nice Bottom. And 'A Rout' in Alt?

Three from MarketWatch:
Asian markets mostly advanced Tuesday, with Hong Kong and Australian shares soaring as trading resumed in both markets after an extended holiday weekend....MORE

Was that the bottom?
Commentary: Contrarians growing more confident that bottom has been seen
Was the Dow's March 10 closing low of 11,740.15 the final low of the decline that began last fall?

Some stocks more vulnerable to commodities rout
Citigroup sees possible end to current 'craze,' putting several sectors at risk
A further drop in commodity prices is likely to bear down on the stocks of companies in sectors such as agriculture, mining machinery, energy equipment and alternative energy, said Citigroup on Monday....MORE