Precious Metals

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Twitter made a spectacular opening on the NYSE last night but elsewhere a little fatigue may have crept in. Dow down 152. (Accessible only for subscribers before 10:15 AEST)

Jonathan Barratt of Barratt’s Bulletin has been stopped out of gold longs and with important data due from the US, believes the sideline is the safest place to be.

Wall Street continued its grind higher last night, with little reason to expect anything different. Dow up 128. (Accessible only for subscribers before 10:15 AEST)

Wall Street again showed last night it just doesn’t want to go down in any meaningful way, recovering from a sharp fall. Dow down 20. (Accessible only for subscribers before 10:15 AEST)

Apparently the Fed might taper soon, or it might not. Dow up 23. (Accessible only for subscribers before 10:15 AEST)

PanAust has acquired a majority stake in PNG’s Frieda River project, and brokers are positive on the prospects.

Not much can be made of last night’s trade on Wall Street given month-end and fiscal year- end for funds. Dow down 73. (Accessible only for subscribers before 10:15 AEST)

The Fed did not specifically shift its potential tapering timetable out to 2014. Dow down 61. (Accessible only for subscribers before 10:15 AEST)

While the S&P marked a new all-time high in April, the Dow Jones has only now achieved the same result after a 111 point gain last night. (Accessible only for subscribers before 10:15 AEST)