Ahead of the Herd’s Rick Mills suggests a resurgent US economy will be achieved in part by exploiting natural resources, so putting companies engaged in natural resources on the radar screen of investors.
ATW’s Jerry Simmons reports there are signals US equities might be preparing for a move upwards.
Bernanke does the Twist and Wall Street leaves the dance floor. Dow down 283.
Greece will now have to wait until next month to find out if it can have its money, while Wall Street prepares for the Fed. Dow up 7.
Investment U suggests now is a good time for investors to acquire dividend stocks, arguing dividends can be used to create significant wealth.
Newsflow from Europe, and nothing else, is driving this market at present. Dow down 108.
Market analysts at FXCM suggest the gold chart is displaying a double top setup, which implies a move towards a measured downside target of US$1627.25 per ounce in coming sessions.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Five central banks announced last night they would provide coordinated liquidity facilities to Europe’s teetering banks. Dow up 186.