A strengthening US dollar is having its impact on gold, commodities and bonds as Wall Street debates whether no QE3 is a good or bad thing. Dow up 16. (Accessible only for subscribers before 10:15 AEDT)
JP Morgan announced a dividend increase and buyback into an already positive market last night. The Dow has closed above 13k and the Nasdaq above 3k for the first time in history as a combination. Dow up 217.(Accessible only for subscribers before 10:15 AEDT)
Wall Street is getting that light-headed feeling again with the Dow once more approaching 13k. Another top ahead or can we bust through this time? Dow up 37. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Development at DeGrussa and exploration success remain crucial for Sandfire Resources.
The results are still due but the wires suggest the Greek bond restructure should get comfortably over the line. Dow up 70. (Accessible only for subscribers before 10:15 AEDT)
Jonathan Barratt of Barratt’s Bulletin sees the big plunge in gold as providing a tentative point of re-entry.
A glance through the latest expert views and predictions about commodities with reasons why positives for precious metals remain intact, oil and industrial metals markets and Iluka still a Buy despite a weaker zircon outlook.
Fears of a Greek default eased last night, QE3 talk returned, and a good preliminary jobs number helped Wall Street bounce. Dow up 78. (Accessible only for subscribers before 10:15 AEDT)
The Chartist hasn’t given up his positive bias on gold stocks as yet, but he wouldn’t like to see much more weakness from here.