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TWSInvestments's Commentaries

Mar 3 2010

Gold Rearing Up to Run

by TWSInvestments
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After being up 50 points yesterday, the market trickled off into the close to close up just 2 points in the Dow. The only notable action came from Apple ($AAPL) which reversed after a strong 3-day, 13-point move into $210 per share. Shares fell into negative territory in the early afternoon before rebounding to close near breakeven.
Gold ($GLD) is back on the move and I'm liking the long prospects more and more. After 3 months of consolidation action above previous all-time highs, gold looks ready to continue its run.
Ford ($F) outsold its chief American rival, General Motors ($GM), for the first time in over a decade with a 43% jump in February sales numbers to 137,644. This represents a YOY market share increase of 3% now up to 17% of the market.



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Tags: gld | market-analysis | gm | f | aapl
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