Friday, March 02, 2012 Stock Market Commentary: It was a busy week on Wall Street as investors digested a slew of data from across the globe and a massive sell-off in gold and silver on the last day of February. From our point of view, the major averages confirmed their latest rally attempt on Tuesday…
Thu Mar 1, 2012 4:19pm EST * Gold climbs 5 percent in heavy volume * U.S. natural gas tumble nearly 6 pct * Copper up more than 1 pct in thing dealings * CBOT wheat and corn fall on profit-taking By Marcy Nicholson NEW YORK, March 1 (Reuters) – Gold rebounded above $1,700 an ounce…
METALS-Copper slips from 2-wk high after Bernanke speaks Wed Feb 29, 2012 2:22pm EST * Bearish Fed comments erode early copper rally * Copper prices post 2nd straight monthly gain * U.S. 4th quarter economic growth revised up * Coming up: Chinese manufacturing PMI Thursday By Chris Kelly and Harpreet Bhal NEW YORK/LONDON, Feb 29…
Thursday, March 01, 2012 Stock Market Commentary: Investors digested a slew of data from all over the world on the first day of March. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying…
Wednesday, February 29, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied in February which helped Wall Street enjoy another positive month. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have…
By Frank Tang and Jan Harvey NEW YORK/LONDON | Mon Feb 27, 2012 3:48pm EST (Reuters) – Gold prices eased on Monday, as a weaker euro and oil’s retreat halted the metal’s attempt to test technical resistance at above $1,800 an ounce following last week’s sharp rally. Bullion was pressured by lingering economic uncertainty after leading economies told Europe…
Tuesday, February 28, 2012 Stock Market Commentary: Stocks and a slew of other risk assets rallied after the latest Italian bond yields plunged. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their current rally attempt. Since then, stocks have been enjoying a…
Monday, February 27, 2012 Stock Market Commentary: Stocks and a slew of other risk assets ended mixed after the G-20 concluded said that European countries should sort their finances out on their own. From our point of view, the major averages confirmed their latest rally attempt on Tuesday 1.3.12 which was Day 9 of their…
Friday, February 24, 2012 Stock Market Commentary: Stocks and a slew of other risk assets ended higher during this shortened holiday week as investors digested a second Greek bailout and a slew of stronger than expected economic and earnings data from the U.S. From our point of view, the major averages confirmed their latest rally…
Tue Feb 21, 2012 3:17pm EST * Copper rallies over 3 pct, breaks 200-day moving average * Market could rise to $3.9 per lb in short term – traders * Concerns about Chinese demand remain By Josephine Mason and Harpreet Bhal NEW YORK/LONDON, Feb 21 (Reuters) –…