Posted on 11 August 2011.
“Stocks Rise, Gold Drops,” was the name of the game during Thursday’s trading session. Investors have been fleeing from U.S. Markets into the save-haven of precious metals, namely, gold. It’s a welcome sight to 401k holders, pensions, and persons with portfolio’s which have undoubtedly felt the heat from the nose-dive over the past couple weeks. [...]
Posted in Featured News, Finance
Posted on 10 August 2011.
United States markets closed trading earlier to the downside and another dose of bad news. Reports have been released by fellow media outlets that the S&P, after its recent cutting of United States debt from AAA to AA+ for the first time in history this past Friday, may look to France. However, some analysts suggest [...]
Posted in Featured News, Finance
Posted on 09 August 2011.
The Dow Jones Industrial Average opened for trading earlier this morning in line with where it left off on Monday. Throughout the day the daily range trended toward the downside, back up again, and back down. However, the Dow made a significant comeback within the final minutes of trading. The Dow was not alone in [...]
Posted in Featured News, Finance
Posted on 08 August 2011.
As if last week was not bad enough for traders and investors, marker waters today are again cloudy red with little green. To add insult to injury, or salt to a wound, S&P downgraded the United States credit rating from AAA to AA+ over this past weekend. It is August 8th, 2011, and during this [...]
Posted in Featured News, Finance
Posted on 05 August 2011.
The U.S. Bureau of Labor Statistics released nonfarm employment statistics today at 8:30 A.M., Eastern. Employment for July rose 117,000, however, unemployment has changed little – it is currently resting at 9.1 percent. Employment gains were seen in health care, retail trade, manufacturing and mining. Alternatively, government-based jobs continue to fall to the wayside. Unemployment in [...]
Posted in Featured News, Finance
Posted on 04 August 2011.
Gold futures dropped alongside stocks today amid a peculiar day of trading where traders witnessed what usually does not happen during a typical day of trading as gold has a predominate tendency to rise as stocks drop, and the other way around. Gold futures began trading this morning high out of the starting gap with [...]
Posted in Featured News, Finance