Daily Markets - Financial News And Opinions |
- Gold Could Retrace Below $1000 If It Breaks Key Level « David Bettencourt »
- Fourth Straight Week Of Losses For The Stock Markets And The Euro « Daily Markets »
- Even The Best Investors Make This Huge Mistake… Make Sure You Don’t! « DailyWealth »
- Stock Trading: Should You Learn How To Go Short? « Justice Litle »
| Gold Could Retrace Below $1000 If It Breaks Key Level « David Bettencourt » Posted: 06 Feb 2010 05:55 PM PST Gold fell to its lowest in more than three months on Friday, ending the week 2 percent lower, as economic uncertainties led to heavy selling in gold and other investments perceived as riskier. Bullion dropped further after posting its biggest one-day loss since 2008 on Thursday, hit by sovereign debt fears in Europe, and signs that economic recovery in United States and China has hit a rough patch. On charts, gold is vulnerable to extending sharp losses to reach $1,020-1,030 an ounce if … [visit site to read more]
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| Fourth Straight Week Of Losses For The Stock Markets And The Euro « Daily Markets » Posted: 06 Feb 2010 05:17 PM PST DailyMarkets.com (New York) - It has been a topsy-turvy week for US stock markets, with a major swing in the major stock indices on Friday. The S&P 500 saw a sharp 3% drop on Thursday, and on Friday, a heavy selloff started in the morning before reversing its losses when the S&P 500 touched an important technical level, the 200 day moving average. The Dow Jones also reversed a 167-point decline on Friday. The late day rally was due to speculation of an EU bailout of Greece and Spain … [visit site to read more]
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| Even The Best Investors Make This Huge Mistake… Make Sure You Don’t! « DailyWealth » Posted: 06 Feb 2010 05:01 PM PST By Dr. Steve Sjuggerud Personally, I have just one rule: Avoid big mistakes. If I do that, I know I’ll be fine. I know I won’t “blow myself up” in my investments. Knowing that gives me peace. I can’t believe how many brilliant, successful people fail to do this one simple thing… and lose what they have… or even lose everything. Look, if you do nothing else, remember this: Avoid big mistakes. And the biggest of the big mistakes is STILL DANCING when the music stops.: Get the … [visit site to read more]
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| Stock Trading: Should You Learn How To Go Short? « Justice Litle » Posted: 06 Feb 2010 04:01 PM PST Many investors get by without knowing how to short. There are risks involved, and shorting is a very different beast than going long. Nonetheless, there are reasons to learn… Well, here we go again. On a gray Thursday morning, the market is tanking as I write. The trading screen is a sea of red as risk appetite recedes. Earlier this week, Macro Trader subscribers received the following commentary:
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