1:00pm (EST) The bulls have pushed the Dow to another triple-digit gain and gold has hit an all-time high of 1,044 today. Stocks are seeing their biggest gains in over two months as Gold and Energy stocks are zooming. Halfway through the trading session, the Dow is up 140 at 9,740. The S&PRead more
Gold Hits All-Time High
Tuesday's Tidbits
9:00am (EST) Futures are actually positive this morning as I prepare this post for Tuesday’s Tidbits (my time is 1:30am now…). Pretty amazing since we got a 300-point drop on the Dow yesterday. A few updates. Amazon.com (AMZN, $77.57, down $0.48) dipped to a low of $76.83 on Monday andRead more
Market Looking For Answers
Dow Hanging on to 8000 Level
Market Reverses Course
The market started off in positive territory as the Dow traded to a high of 8100 but just turned negative after an hour and a half of trading. The Dow’s 150-point gain has been wiped out and as the Senate is grilling President Barack Obama’s Treasury Secretary nominee, Timothy Geithner,Read more
Gold Back on Radar
Market Retreats, Gold Stops Hit
Gold Stocks Continue Rally
Gold Stocks Shine
With the Fed meeting on Tuesday, Gold stocks are enjoying some nice gains today. There seems to be some investors scaling back into gold with December and January call options. Barrick Gold (ABX, $33.39, up $2.07) December 35 call (ABXLG, $0.80, up $0.50) January 35 call (ABXAG, $2.70, up $0.95)Read more