US Dollar Longer Term Charts with Commitements of Traders and Moving Averages

Charts in the Babson Style for Market Close on 6 June 2008

A big jump in the unemployment statistics coupled with a decline in the dollar and spikes in precious metals and energy contributed to a significant D Day anniversary, in this case with "Decline Day." However the correction came after a muli-day spike higher so that the technical damage on the charts is limited, with the major hits showing on the big cap and financial weighted charts.

Portraits of the New Paradigm American Economy

Let them eat gigabytes. Let them buy stocks in death spirals.

Signs of both inflation and deflation at work as the economy struggles against mishandled central management.

KBW upgrades National City on Valuation
By John Spence
Last update: 12:39 p.m. EDT June 6, 2008

BOSTON (MarketWatch) -- Analysts at Keefe, Bruyette & Woods on Friday upgraded shares of National City Corp. (NCCNational City Corporation) , which were down nearly 5% at last check on a report that regulators have effectively put the bank on probation, to outperform from market perform on valuation. "Although we believe fundamentals will continue to be challenging over the near term, we also believe the company has raised sufficient capital to absorb potential credit losses," KBW analysts wrote in a Friday research note.