Posts Tagged ‘China’
Gold and Oil News, Shares and Markets - October 26, 2012 22:53
Apple Misses, Stock Plummets Until Noon
The hedge-Fund Hotel known colloquially as Apple (NASDAQ:AAPL) missed both its top and bottom line numbers in the 3rd quarter and the stock dropped intra-day to a low near $590 per share. A small amount of short-covering after noon pulled the stock back over a 6 handle to close at $604.00. The thing that has […]
The Fed Returns to Saying Nothing and Markets Drift Lower
The FOMC statement released this afternoon went back to reiterating that nothing has changed, they will continue to keep things rolling along they way they are: ZIRP until at least mid-2015, because there are still some people in the U.S. that have some savings and that just will not do. Operation Twist will continue until […]
Gold Firms After Weak Asian Open
Friday’s waterfall European close in gold was nothing more than options expiration take-painting. And, while gold had a perfect setup this month to assault $1800 and push through to $1850, that setup looks to have failed spectacularly. After a weak open in Sydney last night Gold strengthened coming into the COMEX session and dollar by […]
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