If any asset class has disappointed
investors over the last three years, it has been gold. Many on Wall
Street are just now starting to reexamine gold for investors’
portfolios. Years of quantitative easing by the Federal Reserve and
other central banks have started to accomplish their goal of
re-inflating economies. The problem is they may have reinflated too
much, and inflationary pressures could already exist — ask any
person who has shopped for meat and groceries these days.
The technical team at Oppenheimer
sees big upside in gold miners going forward, and analysts are
actually more bullish on the miners than the precious metal itself.
In their new report, Oppenheimer analysts cite an exchange traded
fund (ETF) and three top stocks to buy in the gold mining
arena.
Welcome to a new week. In the
aftermath of last Friday’s NFP, we can tell (once again), that the
market works in mysterious ways. If you look at it from a
simplistic point of view, the result of only 209k jobs added to the
American Job market (against 288K last month or a consensus of
233k), should have boosted every single pair confronted to the USD,
starting with the EUR/USD, and the reaction was not so harsh.
We had a peak after the announcement
and then a correction that endures until now. The way I see it is
like a box of matches. If you take a match from the box, and rub it
against the sandpaper, the normal situation is that the match
should ignite, but this doesn’t happen every single time: sometimes
its head breaks, sometimes the material on the matchstick head is
moist, and in other occasions the sandpaper is wearing off.
U.S. indices finished trading in the
green in response to the release of a positive Unemployment Claims
report. The Dow Jones rose by 0.36%, the NASDAQ added 0.12% to its
value, and the S&P 500 increased by 0.29%,...
U.S. indices traded mixed yesterday
after the Federal Reserve revealed that the interest rate may rise
sooner than expected. The NASDAQ fell by 0.02%, the S&P 500
rose by 0.25%, and the Dow Jones added 0.35% to its...
Ahead of Apple's likely iPhone 6
launch in September, app developers are scrambling to make sure
their apps will work on iOS8, which is expected to launch alongside
the new smartphone.
The new operating system is both an
opportunity and a headache for the company's nine million
registered developers, as they face the challenge of building apps
for as-yet unknown products, and meeting consumers' sky-high
expectations about usability.
Boeing stock had suffered losses
recently amid rising competition from its arch nemesis Airbus, the
European aircraft maker, and amid concerns over surging costs in
its new Jetliner, the 777. And yet,...
U.S. indices traded higher on Tuesday
after the CPI data came out as expected, The Dow Jones rose by
0.48%, the S&P 500 by 0.50%, and the NASDAQ added 0.43% to its
value. Technically, as long as the Dow Jones is...
The numbers speak for themselves! We
can help you generate a minimum of 0/week simply by following
our expert trades. Last week, we stepped it up to 5!
We help our traders earn over ,200
per month. Becoming a Gold Member is the first step to financial
freedom!
Upgrade to GOLD status now and
receive ALL IT Expert Alerts free for 3 months. You can't afford to
miss out!
You are allowed to copy up to 5 traders on your eToro CopyTrader
account. We have done the dirty work for you. Below you will find a
healthy mix of traders with a wide variety of risk tolerance,
leverage usage, trading frequency, and returns. We recommend
picking 5 of these traders to follow for the next month for your
portfolio:
Wall Street finished mixed on Friday
with the NASDAQ rising by 0.27%, the S&P 500 trading almost
unchanged, and the Dow Jones losing 0.3% from its value.
Technically, according to the daily chart, as long as the
Dow...
Register For...
Free Trade Alerts
Education
1-on-1 Support
eToro Copytrader Tips