Shares of Citigroup (NYSE:C) rose more than 1% in preopen trade on Thursday ahead of the company chief executive officer’s address to a financial services conference in New York. Late Wednesday, the Financial Times newspaper reported that Citi CEO Vikram Pandit will suggest the core business’s earnings could reach as much as $20 billion in a few years. The report said the CEO will not make a specific estimate, but will detail the bank’s strategy and earnings potential. –MarketWatch

Exxon Mobil (NYSE:XOM) will be holding its annual meeting.

Source: Interviewed by Ellis Martin, of The Gold Report

The Gold Report has again interviewed newsletter writer and commentator Lou Paquette, who launched the Emerging Growth Stocks website in 1995 to provide investors and speculators with a unique alternative to what he saw was a growing problem with corporate governance and conflict of interest on Wall Street. He is not counting out the U.S. dollar quite yet as the euro waivers.

A fascinating story via AP, which shows how difficult it is to simply read the headline data and make a judgement.  We see this happen every morning where assessments of data are made within seconds of the headline crossing, and billions of market capitalization adjusted accordingly. 

With the Nasdaq poised to resume leadership among U.S. stock indexes, technology looks like a sector with bullish potential. Even so, smart investors know that picking the right stock will still be extremely important.

One niche we like is cloud computing. We’ve previously highlighted the cloud computing trend. We talked about several cloud computing stocks that may help investors profit from the group’s rapid growth. Today we add one more name to that list: Informatica Corporation (NASDAQ:INFA). California-based Informatica boasts some strong fundamentals.

Bearish Dollar Will Try and Recover Losses Today

Following yesterday's bearish downturn for the U.S. Dollar, the greenback will try and recover some of its losses with the help of several critical economic indicators today. Both the U.S. Trade Balance Report and this week's unemployment claims are likely to have an impact on Dollar positions.

G10 Advancers and Decliners vs USD

JPY
0.18

GBP
-0.03

CHF
-0.11

EUR
-0.18

• Japan’s Tsumura sees signs of self-sustained recovery in domestic demand.

• Japan’s Hirano was more pessimistic; saying economy still in severe state despite positive growth

• Japan Q4 GDP was revised to +0.9% q/q, +3.8% annualized (1.0%/4.0% expected, 1.1%/4.6% prior)

• Reports that the China Statistics Bureau sees mild inflation in the coming year, but no signs of overheating.

• China CPI…

Read More …

March 10, 2010
Euro Building Support Base for Potential Upside Breakout
The U.S. Dollar was mixed in light trading at the close in an unusual day as the normal correlations between the Dollar, gold and equities at times were not working. The lack of major

U.S.

March 2010 pledge update below; as mentioned in previous posts we are on track for a summer 2010 launch.  .

I don't see any particular reason for this selloff, but it just might be complete fatigue in people's index fingers from clicking "buy" for weeks on end.  Based on the complacency people might be slumped over in slumber and their forehead hit the sell button in error.  The market is up basically straight since that Thursday selloff 2 weeks ago, and the Russell 2000 is up 19 of 21 sessions; effectively a month straight.  1 of those "red bars" is a 0.1%ish loss... so really 1 down day in a month.

The controversy surrounding fracking fluids is getting louder.  Websites and media savvy organizations are getting more press on this issue, using a very simple and powerful pitch – are the chemicals used in fracking fluids in oil and gas wells contaminating our drinking water?

North American investors have not been directly hit by this issue yet, meaning that a company’s stock hasn’t plummeted because they had to stop drilling over these concerns – yet.

“Fracking” is sending a specially designed fluid down an oil or gas wel