Global Capital Reserves: Consumer Confidence Plummets, And So Do Stocks

Tuesday, July 28, 2009

Consumer Confidence Plummets, And So Do Stocks

The stock market had been down overnight, but rallied strongly on news that housing prices rose last month for the first time in several months. However, when the new consumer confidence figures dropped, the stock market plunged!

S Benard at 8:17 AM

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About Me

S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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