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Would gold fall to $1,000 by the 2016?
Last summer, someone predicted gold would fall to $1,000 by the start of 2016. The rationale is that gold is primarily a "safe haven" asset in times of economic and market turmoil and that the U.S. faced very little recession risk — so there is no reason for investors to seek the shelter of gold.
But gold bears fail to grasp what really drives the price of gold — and what has caused it to surge more than 15 percent so far in 2016.
Gold is not merely a "safe haven" asset. Rather, it is the best f…
But gold bears fail to grasp what really drives the price of gold — and what has caused it to surge more than 15 percent so far in 2016.
Gold is not merely a "safe haven" asset. Rather, it is the best f…
NY Open: Wall Street opened in the red
- New York Open: Wall Street started the day in the red; Crude Oil is heading towards 34$.
Stocks are up
Stocks surged to the best levels of the day in the final minutes of trading on Friday to end the four-day week in the green. It was the best week for the S&P 500 since mid-July.
First, the scoreboard:
Source: http://www.businessinsider.com/closing-bell-september-11-2015-9
First, the scoreboard:
- Dow: 16,433.09, +102.69, (0.63%)
- S&P 500: 1,961.05, +8.76, (0.45%)
- Nasdaq: 4,822.34, +26.09, (0.54%)
Source: http://www.businessinsider.com/closing-bell-september-11-2015-9
Wall Street climbs, S&P 500 posts best week since
U.S. stocks rose on Friday and the S&P 500 posted its biggest weekly gain since July as investors weighed whether the Federal Reserve will raise interest rates next week.
Energy shares dropped, however, after Goldman Sachs cut its oil price forecast through next year.
Eight of the 10 S&P 500 sectors closed higher, led by gains in utilities .SPLRCU, which tend to rise as bond yields fall. The index ended up 0.8 percent, while 10-year U.S. Treasury note US10YT=RR yields dipped.
Investors are await…
Energy shares dropped, however, after Goldman Sachs cut its oil price forecast through next year.
Eight of the 10 S&P 500 sectors closed higher, led by gains in utilities .SPLRCU, which tend to rise as bond yields fall. The index ended up 0.8 percent, while 10-year U.S. Treasury note US10YT=RR yields dipped.
Investors are await…
Saludos
Saludos a todos !!!
Por si fuera de interés... http://infomercado.viptrader.es
Graciasss
Por si fuera de interés... http://infomercado.viptrader.es
Graciasss
The Hollywood Indicator
Following the success and the popularity of my last blog post on trading movies pattern I've decided to take this one step further. You can find this blog post and the chart that I'm speaking about here:"The Wolf of Wall Street Movie Review". It was a chart showing the pattern between Wall Street movies and the Stock market crash.
This time we're going to look at every Wall Street movie ever made and this time you will see that Wall Street movies not only that have predicted some of the most s…
The Wolf of Wall Street Movie Review
Martin Scorsese is back and he has a three hour story to tell to you, a true story of Jordan Belfort, and every single second is worth watching. Jordan Belfort is a self made megalomaniacal multi-millionaire, who has made his fortune basically by cheating on people and working on Wall Street. This movies beside telling the story of Jordan Belfort is exposing and glorifying all the bad things happening on Wall Street as well.
This movie is glorifying Jordan Belfort's lifestyle and is making this …
This movie is glorifying Jordan Belfort's lifestyle and is making this …
EURostoxx +0,4%
Hi everyoneIt's the first day of the week again and the European stock markets are showing a modest recuperation. The Eurostoxx 50 scores another 0,4%. Because of the quick rate reaction on Wall Street there is few movement to take risks, investors prefer to let everything come at ease before chosing a direction and making a decision which is the overruling mood there Today. Also in our office the amount of transactions done daily is less as usual although you can't keep waiting forever to inves…