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Rally Fades After Bernanke Speaks

Rally Fades After Bernanke Speaks

Even though FOMC Chairman Ben Bernanke’s comments on Monday were defensive of ultra-loose monetary policy the equity markets still could not muster any momentum afterwards and pulled back from its… Read more »

Mayer Utters Glittering Generalities About Yahoo’s Future

Mayer Utters Glittering Generalities About Yahoo’s Future

New CEO of troubled advertising fading giant Yahoo! (NASDAQ:YHOO) finally spoke to the public about her plan for how to move the company forward. Frankly, by all accounts, it sounds… Read more »

Inflation Expectations Roar Post Futures Expiration

Inflation Expectations Roar Post Futures Expiration

One day before the end of the Month/Quarter and the markets were back in risk-on mode thanks to the expiration of futures contracts that had moved so much during the… Read more »

Gold and Silver Close the Month at Round Numbers

Gold and Silver Close the Month at Round Numbers

In what was a very obvious push to limit the damage done to those short the metals this month, Gold (AMEX:PHYS) and Silver (AMEX:PSLV) both were sold with extreme prejudice… Read more »

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Index and Company News

Gloomy Start to the Stock Market Today

Gloomy Start to the Stock Market Today

Buyers may be scarce in early trade on the New York stock markets, amid depressing economic indicators from China and the euro zone, two major trading partners of the United… Read more »

S&P and Gold Top ETF Flows for the Week

S&P and Gold Top ETF Flows for the Week

For the period from Friday, August 17th through Thursday August 23rd both the S&P 500 ETF (AMEX:IndexUniverse.com.  Since the market turned on July 23rd, however, SPY had lost nearly 6%… Read more »

Gold Ends the Week Up $56

Gold Ends the Week Up $56

It was a stunning week for the metal of monetary excellence.  The technical breakout from horizontal resistance at$1633 per ounce was confirmed with a very bullish closing session for the… Read more »

Silver Crosses $30, Gold Eyes $1700

Silver Crosses $30, Gold Eyes $1700

Thursday was yet another massive up day for the precious metals as both Gold (AMEX:GLD) and Silver (AMEX:SLV) added to Wednesday’s gains in the Asian markets setting up a continuation… Read more »