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By Anthony Lazzara |
April 29, 2013
Nasdaq has actually broke through its 2013 high, and is today up 1.05% to 2860. We would not be surprised to see the technology companies be the new leaders of the market and propel the Nasdaq higher.
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By Phil Flynn |
April 29, 2013
The oil market is getting a stimulating start as oil traders look to the ECB to give the trade a boost. Add a dash of stimulus and we see oil near a two week high.
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By Inyoung Hwang |
April 26, 2013
U.S. stocks, after rough start, end the day up slightly. J.C. Penney Co. gets surprise investor.
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By Toni Hansen |
April 26, 2013
Earnings reports will spotlight next week
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By Angeline Benoit and Ben Sills |
April 26, 2013
Spanish Prime Minister Mariano Rajoy sought a two-year extension to meet European Union deficit rules, as he lowered his growth forecast and predicted little relief from a record 27% unemployment rate.
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By Austin Kiddle |
April 26, 2013
U.S. Comex gold futures surged 4.76 % to $1,462.0 on Thursday, about 6.6 % below the closing level of 11 April before the rout occurred.
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By Dominick Chirichella |
April 25, 2013
Heading into this morning’s EIA weekly Nat Gas report the futures market is hovering around the trading range lower support level and barely remaining above it.
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By Emma Charlton and Lukanyo Mnyanda, Bloomberg |
April 24, 2013
The euro’s 25% jump against the yen over the past six months underscores the rising pressure on European Central Bank President Mario Draghi to cut interest rates as the region’s exporters lose out to Japan.
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By Austin Kiddle |
April 24, 2013
You have to distinguish between "the gold price," which reflects the paper gold futures prices and has collapsed, and "the price of gold," which represents the physical price of gold and has remained well-supported.
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By Phil Flynn |
April 24, 2013
So for oil, remember you can't fight the Fed or even the ECB and you can't outlast the guys who can print the cash. But really from a technical standpoint, the oil market was probably ready to bottom anyway.
