This morning, the popular and highly followed SPDR Gold Shares(NYSE:GLD) are trading lower by $6.50 to $176.34 a share. Spot gold is declining lower by nearly $50.00 to $1823.00 an ounce. The last time gold sold off so sharply...
Read MoreSpot gold for December ended the session lower by $3.60 to $1873.30 an ounce. Earlier in the day, gold reached a new all time high of $1923.70 before reversing lower. Many traders and investors believe that it is the strong...
Read MoreWhen J.P. Morgan Chase & Co.(NYSE:JPM) bounces or trades higher the major stock indexes move higher. When this leading bank stock declines the major stock indexes moves lower. At this time, when there is a banking and...
Read MoreThe major stock indexes started the trading session down by 300.00 points just after the opening bell. Slowly throughout the trading day the major stock indexes have rebounded off the morning lows to trim the day’s losses....
Read MoreThe highly followed Dow Jones Transportation Index is declining sharply lower again this morning. Traders can look at the iShares Dow Jones Transportation ETF(NYSE:IYT) and see that the IYT is trading lower by 3.50 percent....
Read MoreThis morning, gold and gold mining stocks are taking off to the upside. The popular Market Vectors Gold Miners ETF(NYSE:GDX) is trading higher by $1.64 to $66.55 a share. Traders must watch the $66.50 and $67.00 levels as short...
Read MoreThis morning, the U.S. Dollar Index futures (DX U1) have surged higher by 0.57 cents to $75.78 per contract. Usually, when the U.S. Dollar Index pops higher it is on the back of fear in the European Union. Traders can look at...
Read MoreJust when you think you have seen it all you realize that you haven’t. This afternoon, Goldman Sach Group Inc.(NYSE:GS) agreed to pay future penalties and review foreclosures in order to help compensate homeowners of...
Read MoreThe markets are seeing some profit taking ahead of the Non Farm Payrolls and Unemployment Report. These reports will be released to the market tomorrow morning at 8:30am ET. As these loom, investors are taking some profits off...
Read MoreThe major stock indexes were all trading lower on the day before the ISM data was released. Once the ISM number was released the major stock indexes surged sharply higher. The Institute for Supply Management said that the index...
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