Davos 2010: Peter Munk, Barrick Gold Chairman& Founder Shares Outlook on Gold
Peter Munk, chairman and founder of Barrick Gold, shares his outlook on the commodity.
Peter Munk, chairman and founder of Barrick Gold, shares his outlook on the commodity.
Click Here To Join Our our FREE Newsletter: The swift reversal for US benchmark indices midweek saw the S&P 500 index drop like a stone from within 4-points of setting a fresh record peak. Three weeks ago investors appeared to cross the Rubicon by discounting tepid data as a temporary phenomenon with activity and hiring…
Good: Initial jobless claims plunged to 255k, easily beating estimates for 279k and hit the lowest level in decades Leading Indicators rose by +0.6% in June, beating estimates for +0.2% gain The Manufacturing PMI Flash index rose to 53.8, beating estimates for 53.7 The Chicago Fed National Activity Index rose to 0.08, beating estimates for…
Running out of Fuel There is no question that the strongest area of the market in the past week or so has been the Fuel Cell Stocks: PLUG, FCEL, BLDP. Their moves were simply not sustainable and the action today (big negative/outside reversals- after a big move) typically suggests it is time for these stocks…
The Following is an excerpt from a FindLeadingStocks.com Intra-Week Update Market In Early Stages of Forming A Large Top; Still Needs To Be Confirmed The Market Is Getting Weaker, Not Stronger… The market is in the early stages of forming a large topping pattern. The top needs to be confirmed by more than one major…
The Lovely: The circus in D.C. drags on… Good: Market is pulling back on light volume Eurzone business activity grew faster than expected in September Read here In China, the HSBC flash manufacturing PMI of small and medium size businesses hit a six month high of 51.2 in September Read here The S&P Case/Shiller index showed that…