Well I seriously doubted whether the S&P 500 would get anywhere near the 1000 mark this year but the price broke through this critical level earlier today. Indeed with around 10 minutes to go until the closing bell it looks like we are going to close the day above 1000.

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TradeKing have recently announced their scheduled webinars for the upcoming month of August. These webinars are freely available to TradeKing customers and cover a wide variety of different subjects relating to stocks and options.

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There were some interesting figures announced recently which show that the volume of forex trading has fallen sharply since the global economic crisis first began to take hold. This is largely because a lot of hedge funds have run into difficulties or worse still gone bust, and have therefore left the markets.

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There’s been an awful lot of hype surrounding the release of IvyBot in the last week or so because this exciting new product has been years in the the making and has been created by a group of mathematical whizzes from Ivy League Universities.

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As is usually the case on the first trading day of the week, today’s markets have been relatively quiet. However that’s not necessarily a bad thing because at least the markets haven’t given back any of last week’s gains so far. Plus we have had some positive housing data to give us confidence going forward.

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