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Market Wrap For Thursday, August 22: Nasdaq Woes Overshadow Jackson Hole
Thursday, August 22, 2013 - 4:24pm | 801Thursday’s trading was even crazier than usual as the Nasdaq shut down in the middle of the day. For more than three hours there was no trading on the exchange no explanation as to what is going on. Major Averages The Dow Jones Industrial Average rose 66.12 points, or 0.44 percent, to 14,963....
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Platinum Nearing Key Support Level (PTM)
Friday, August 13, 2010 - 12:35pm | 285While the sharp uptrend in commodities has clearly been broken as fears of a global slowdown resurface, that does not mean that traders and investors should not hold them in their portfolios as hedges to inflation, currency movement, and global growth. Take a look at Platinum—for the purpose of...
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Gold Rise Slightly With Stalling Dollar But Remains Close To 3 Week Low
Wednesday, October 28, 2009 - 1:08pm | 85Prices for Gold rose slightly on Wednesday Morning trading on the NYMEX and COMEX as the Dollar slipped due to fragile consumer confidence. However, Gold still remains close to three week low with the dollar's looming resurgence. December Prices of Gold remained practically flat at $1,035.40 an...
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Metals Fall As Dollar Strengthens
Tuesday, October 27, 2009 - 4:21pm | 84With the Dollar gaining strength, Futures on Gold went under pressure. Gold prices for December fell to $1,034 an ounce in the New York Mercantile exchange as consumer confidence numbers show poorer than expected results. In addition, Silver Futures lost more than Gold with an over 3.2% drop....