By Leah SchnurrNEW YORK (Reuters) - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.Investors will also get a glimpse of how holiday shopping could shape up with Black Friday, which...
By Leah SchnurrNEW YORK (Reuters) - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.Investors will also get a glimpse of how holiday shopping could shape up with Black Friday, which...
Target (NYSE: TGT) closed yesterday at $47.90. So far the stock has hit a 52-week low of $25.00 and 52-week high of $51.77. Target stock has been showing support around 47.19 and resistance in the 48.49 range. Technical indicators for the stock are Bearish and S&P gives TGT a neutral 3 STAR (out of 5) hol...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
During separate trips to China this week, President Barack Obama and Dominique Strauss-Kahn, the managing director of the International Monetary Fund, both pushed for a stronger renminbi, the Chinese currency, whose principal unit is the yuan. Although the yuan has appreciated 20% against the dollar over the last several years, Obama and Strauss-Kahn both agree with Paul Krugman, the Nobel Prize-winning New York Times columnist, who wrote on Nov. 15 that China severely undervalues its currency. Krugman believes that to reduce America's trade deficit and spur worldwide recovery, China needs to strengthen the yuan.
Note: The staff here at Learning Markets will be at the Trader's Expo in Las Vegas this Friday. Have a great weekend and we will see you on Monday.
We continue to receive an ongoing stream of emails and questions from readers about a very interesting investment opportunity - gold. There isn't anything wrong with gold as an asset class but there is something wrong with some of the press and misconceptions about it.
Gold is clearly on a run. It has been outperforming just about every other asset class over the last few years and is hitting all time highs right now. This certainly makes it look attractive as an investment over the S&P 500 (.INX) or the Dow Jones Industrial Average (.DJI).
However, all trends eventually end and being aware of the possibility of a bubble makes the difference between a savvy investor and one who is willing to give up their portfolio during an major asset deflation.
In today's video I will illustrate what is going on with gold now and how gold may fit within a diversified portfolio. The trend has corrected before and the last 20 year lull in gold prices could be repeated. Investors should understand what this means and why it may affect them.
Learn more through the articles and videos listed below.
Keep your eyes on the earnings announcements for the following companies tomorrow. Homebuilder DR Horton, Inc. (DHI) is set to release and closed today Thursday at $12.37. Also set to release is women's retailer Ann Taylor Stores Corp. (ANN). Retail continues to be in the spotlight this week following big announcements from The Gap, Inc. (GPS) and Target Corporation (TGT).
Also keep your eyes on the following Economic Announcements:
It looks like we are back to the fundamentals as concerns of economic recovery were exacerbated by a negative housing foreclosure update that confirmed the real estate crisis is spreading to the prime market. An economy bleeding jobs at a minimum monthly rate of 500k is the underlying cause.[More...]
Low fat. No money down. Mission accomplished. Occasionally the folks behind a product feel the need to paint a picture that isn't necessarily true to lure in the unsuspecting masses. Be it a purported discount price or a lab coat-clad actor in the commercial giving his "professional" opinion false advertising comes in a multitude of flavors and ostensibly dates back to the Stone Age when a Neanderthal hyped a spear for its "state-of-the-art grip" and "35%-improved accuracy."The past few weeks have seen an ad-fueled melee erupt between Verizon Wireless (VZ) and AT&T (T) over claims made in Verizon's commercials. ...
BloggingStocks: Sears Holdings (SHLD) was selling off close to 5% at the time of this writing in reaction to the company's Q3 report. On an adjusted basis, the retailer lost 81 cents per share. That was better than the 90 cents lost in the comparable period, and it ... Read more
Activist filings taken from SEC documents November 5-11 reveal that investors continue to push for value seeking change. The names are as diverse as the market.
Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.
Target (NYSE: TGT) closed yesterday at $47.87. So far the stock has hit a 52-week low of $25.00 and 52-week high of $51.77. Target stock has been showing support around 47.41 and resistance in the 48.49 range. Technical indicators for the stock are Bearish and S&P gives TGT a neutral 3 STAR (out of 5) ho...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
Shaun Rein of the 
