The Dow Jones Industrial Average ended Friday with a decline of 5.9% year-to-date and still in correction territory 10.7% below its all-time high of 18,351.36 set on May 19. The Dow is up 6.1% since setting its 2016 low of 15,450.56 on Jan. 20. Only one of the eight “Dogs of the Dow” is lagging the Dow since setting their 2016 lows and five have gains between 13.8% and 16.1%. Four of the eight have gains year–to-date led by Verizon, with ...
Apple Inc. (NASDAQ:AAPL) is currently down almost 10% year to date, although it remains a favorite of both hedge funds and professional money managers. Most frighteningly, a steep decline after a disappointing quarter of relatively low iPhone sales growth has encouraged significant investor caution. more...
Stocks finished a volatile trading week under pressure from steep declines in oil, weakness overseas, and market-crushing remarks by U.S. Federal Reserve President Janet Yellen that helped send the S&P 500 down to nearly two-year lows. more...
Gold prices are modestly higher and scored another three-month high in early U.S. trading Wednesday. W1 price is located below SMA with period 100 (100 SMA) and below SMA with the period 200 (200 SMA) for the bearish market condition with the local uptrend as the secondary market rally: the price was bounced from 1047.65 support level for the rally to be started and with symmetric triangle pattern to be formed for the direction of the trend. If the price will ...
Gold is back on the radar screen of some risk-averse U.S. investors but it's rating much higher in several other countries were a modern-day gold rush appears to have started. more...
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