U.S. stocks opened flat in early trade on Thursday, following weaker-than-expected weekly jobless claims and December retail sales data.
In this piece, we will examine four of gold's most important rules; the irreversible trends affecting the gold price; and how the consequences of these trends will push gold higher in 2011 and beyond.
The top pre-market NASDAQ stock market gainers on Thursday are: Lexicon Pharmaceuticals, ARM Holdings, XOMA, Microvision, Glu Mobile and Randgold Resources.
Futures on major U.S. indices point to higher opening on Thursday ahead of key weekly jobless claims report from the government.
Stocks climbed, supported by a stunning jobs report from the private sector, raising hopes for a strong nonfarm payroll data on Friday.
U.S. stocks declined in early trade on Wednesday despite upbeat private sector employment report from ADP as commodities and natural resources stocks were hurt by strong dollar.
Silver and Gold Prices both unwound the last of late Dec.'s gains in early London trade on Wednesday, retreating to $29.20 and $1370 respectively per ounce on what several analysts called profit taking as world stock markets also fell.
Futures on major U.S. indices pared earlier losses on Wednesday after ADP reported that private-sector employment recorded the largest monthly gain in December.
Futures on major U.S. indices point to a lower opening on Wednesday as investors eye on economic data including ADP national employment report and ISM non-manufacturing index.
Stocks finished mixed, and traders apparently were unimpressed by some good economic data on factory orders and auto sales, while commodities dropped on likely profit-taking.
Gold and Silver Prices both fell as London traders returned to work from the New Year shutdown on Tuesday, dropping over 3 percent from yesterday's highs as world stock markets caught up with Wall Street's strong gains.
Byron Wien, vice chairman of the Blackstone Advisory Partners, just issued his annual Ten Surprises list for 2011. Three of them were bullish calls for commodities.
Futures on major U.S. stock indices point to a higher opening on Tuesday with futures on the S&P 500 up 0.26 percent, futures on the Dow Jones Industrial Average up 0.33 percent and Nasdaq100 futures up 0.16 percent.
The top after-market NYSE losers on Monday are: K-Sea Transportation Partners, GMX Resources, WellCare Health Plans, McMoRan Exploration, Flotek Industries, Interoil Corp, McKesson Corp and Harmony Gold Mining..
The top after-market NYSE gainers on Monday are: Alcoa, International Coal Group, U.S. Gold Corp, Arch Coal, American Axle & Manufact. Holdings, Molycorp, M.D.C. Holdings and Barnes & Noble.
One statistic from Super Bowl XLIV in Miami, Florida last February is only an estimate and received little media coverage, but is of great importance to many individuals and families and to the nation itself.
US stocks advanced in early trade on Monday, the first trading day of 2011, on speculation that the economic recovery will continue after stocks ended with double digit gains in the previous year.
The year 2010 saw the metamorphosis of gold from a commodity to a currency, according to analysts. As global currencies weakened in the wake of an influx of unprecedented stimulus and ultra-liberal monetary policies gold extended its bull ride to finish the year with a 30 percent gain.
Queensland in Australia, submerged in severe floods, became the first news of natural disaster in the New Year with 200,000 people and 22 towns affected. On Sunday, one woman drowned while crossing a causeway, while the Queensland Bureau of Meteorology has warned that another strong thunderstorm in the night.
The entire precious metals complex had a stellar run in 2010, led by palladium's 97 percent rise and Silver's 83 percent gain. Gold yielded investors a 29.7 percent profit in 2010, the tenth consecutive annual gain in a row.
Douglas C. Borthwick, Managing Director of Faros Trading, reviews the global currency markets from 2010 and provides some outlook and guidance for 2011
Stocks finish 2010 with a whimper amidst sluggish holiday trading, although equity indices delivered quite a strong year in performance.
