A New Wave of ‘Beatle Mania’… Four Ways to Profit from the Beatles: Rock Band
Sep 10th, 2009 | By Marc Lichtenfeld | Category: Stock Market InvestingYou ready for a good ol’ 1960s rock n’ roll flashback, courtesy of four lads from Liverpool?
You ready for a good ol’ 1960s rock n’ roll flashback, courtesy of four lads from Liverpool?
Steel maker Nucor Corp.’s (NYSE: NUE) stock has rallied some 51% from its March 3 low of $29.84 a share and has twice bumped against its recent high of $49.91 a share.
I wouldn’t read a lot into the action in the gold market on Friday. It was just another day off the calendar…as Ted Butler would say. The only comment I would make is that the action in the gold price feels more like a top than a bottom.
Remember when we were in a “State of Shock” after hearing the news of Michael Jackson’s death?
On May 15, 2009, the Internet changed forever. Did you miss it?
Ford Invests in Smaller, Greener Cars; Payroll Cuts Better Than Expected; Saab Open to Fiat Takeover; Canada’s March Building Permits Surge; eBay CEO: Skype Worth More Than $2 Billion; Hertz Wants to Lease 20% of Fleet From Car Companies; Crude Tops $56; Eddie Bauer in Play
MF Cuts Global Outlook; Brazil Hedge Fund Sells Banks, Homebuilders; February Home Prices Up 0.7%; Home Prices in Dubai Could Fall 70%; Apple Tops Forecasts; Feds Search Siemens’ Offices; Freddie Mac CFO Found Dead; E-Bay Beats Street
Except for a very brief dip below $915 in the late morning, gold was stuck fast between there and $925 all day, finally finishing an uninspiring day at $918.00/oz., up $2.20. Overnight, gold is trending higher.
President Barack Obama’s $825 billion stimulus plan heads to the floor of the House of Representatives this week, with House Minority Leader John A. Boehner, R-Ohio, saying many in his party will vote against the package unless significant changes are made.
Earnings season kicked off last week and the results were mixed. Alcoa disappointed investors and quickly dropped 13 percent in the ensuing days. J.P. Morgan (NYSE:JPM) beat estimates, but continued to fall thanks to ongoing concerns about the banking industry as a whole (I know Andy Gordon is planning an article for tomorrow discussing the continuing problems in the banking industry, so you won’t want to miss that). Intel reported Thursday night and they met lowered expectations.