5 words of wisdom for trading metals
One of the questions we hear most often is, “What does it take to be a successful trader?” George Gero shares five tips for success in this preview to May's Trading 101 article.
Sugar prices are in a free fall now at prices we have not seen since July 2010. A major reason for last week’s drop was that it was reported the output nearly tripled in April at the main growing area of Brazil.
U.S. stocks rise as Fed’s Bullard says stimulus should continue
U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.
Important breakout in the Dow-to-gold ratio and its implications for gold
In the Dow-to-gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.