The Dow Jones Industrial average surged 490 points today on news that the Chinese government cut their commercial bank reserve ratio (RRR) by 50 basis points.

Yet another Wall Street firm blows up and goes bankrupt. This time its broker-dealer MF Global led by former Goldman Sachs CEO Jon Corzine.

Today Russia and China announced that they will no longer use the US dollar for bilateral trade and instead use their own currency, their leaders said.

Shares of Yahoo! got a boost Wednesday on rumor that America Online and a group of private equity partners are looking to buy the Internet giant.

The price of gold is now trading at new historical highs. The December 2010 gold futures contract on the Chicago Mercantile Exchange hit $1276.50 per ounce yesterday in a volatile session.

Movie Trailer: Wall Street Money Never Sleeps

This is a statistical look at how the Dow 30 components performed from the recession in 2007 to the end of 2009.

If my chart reading skills are correct, the markets are going to look very good for investors over the next few weeks. There is an opportunity for it to scream very hard upwards. The catalyst? Better than expected results in the Fed's stress test. No bear would want to take on the Fed if that is the case.