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Articles for: Fundamental Analysis
Thornburg Mortgage shares lost more than half their value on Thursday as the result of bankruptcy worries. The lender said that it had defaulted on debt.
In focus this week was Ben Bernanke’s semiannual testimony to the House Financial Services Committee.
US markets saw another volatile week. Though somewhat buoyed by strong retail sales, markets fell in the wake of sobering comments by Federal Reserve chairman Ben Bernanke.
The big surprise of the week was the service sector ISM index. The numbers caught the market by surprise showing the worst result since 2002 when the US was last in recession.
Top Down Analysis involves determining which stocks have the particular combination of factors – technical, fundamental, economic or political – that constitute a profitable trading opportunity.
I would like to digress this week from my mission to cover world markets.
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