Gold little changed, trading below $850 an ounce

Posted by admin on December 28, 2008 under News | Be the First to Comment

Gold little changed, trading below $850 an ounce
NEW YORK (MarketWatch) — Gold futures were little changed Friday, moving in a small range between $843.40 and $850.70 amid mixed performance in the U.S. dollar.

Russia, China warn of dire economic straits in 2009 (AFP)

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Russia, China warn of dire economic straits in 2009 (AFP)

Japanese Prime Minister Taro Aso, seen in Tokyo on December 22. Japan's government on Wednesday approved a record 88.55 trillion yen (980 billion dollar) budget for fiscal 2009 in a bid to revive Asia's biggest economy, which is slipping deeper into recession.(AFP/Pool/File/Toshifumi Kitamura)AFP – Russia and China issued stark warnings on Wednesday about the impact of the crisis on their recently booming economies in 2009, as stocks and oil prices took a hit from economic gloom over Christmas.


Stocks make modest gains

Posted by admin on December 27, 2008 under News | Be the First to Comment

Stocks make modest gains
NEW YORK — Wall Street put together a moderate advance in light post-Christmas trading yesterday after the government extended a lifeline to General Motors' financing arm, but gains were limited by d…

NYSE, Nasdaq short interest fall (Reuters)

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NYSE, Nasdaq short interest fall (Reuters)

Traders work on the floor of the New York Stock Exchange in New York, December 23, 2008. (Lucas Jackson/Reuters)Reuters – Short interest fell on the Nasdaq and on the New York Stock Exchange in mid-December, reflecting a decrease in bearish sentiment and a desire by short-sellers to lock in profits.


US stocks look to end Christmas Week On A Jolly Note Friday; Thin Trading Expected

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US stocks look to end Christmas Week On A Jolly Note Friday; Thin Trading Expected
(RTTNews) – US stocks will look to end the holiday shortened week on a fairly high note Friday, but volume is expected to be light as many traders will extend their Christmas break. Old St. Nick was …

Retail stocks suffer but some defy dismal sales data (Reuters)

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Retail stocks suffer but some defy dismal sales data (Reuters)

A man waits for the rest of his family to check out inside of a store in Kittery, Maine December 26, 2008. (Lucas Jackson/Reuters)Reuters – Retail shares traded lower on Friday following data showing the first decline in holiday sales in at least 40 years, though a handful of stores defied the trend.


3 Stocks for Traders to Avoid

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3 Stocks for Traders to Avoid
City of Industry, CA –(www.FinancialNewsUSA.com)– 12/24/2008 – Investing Strategies industry news provided by Financial News USA. John A. Taxiarchos is a seasoned professional investor/trader with o…

Retail stocks suffer but some defy dismal sales data (Reuters)

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Retail stocks suffer but some defy dismal sales data (Reuters)

A man waits for the rest of his family to check out inside of a store in Kittery, Maine December 26, 2008. (Lucas Jackson/Reuters)Reuters – Retail shares traded lower on Friday following data showing the first decline in holiday sales in at least 40 years, though a handful of stores defied the trend.


8 days to remember

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8 days to remember
Percentage change: -6.98% For the Dow Jones industrial average, 2008 is shaping up to be the worst year since 1931. On Jan. 2, the Dow opened at 13,261, but the index twice closed below 8,000 this yea…

Retail stocks suffer but some defy dismal sales data (Reuters)

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Retail stocks suffer but some defy dismal sales data (Reuters)

A man waits for the rest of his family to check out inside of a store in Kittery, Maine December 26, 2008. (Lucas Jackson/Reuters)Reuters – Retail shares traded lower on Friday following data showing the first decline in holiday sales in at least 40 years, though a handful of stores defied the trend.