By Craig Basinger – Courtesy of the Crow’s Nest Report Goodbye support line which had held since the market bottomed in March, see you later 50-day moving average, here comes the 100-day moving average. Where will the market find support? Well today’s economic data did nothing to help the markets. While the durable goods orders [...]
Gold Investing News reports gold sector moves slightly higher this month. In London, gold hit a three-month high on Friday, of $966.80 an ounce as the dollar fell towards a five-month low versus a basket of currencies, with worries over soaring government debt prompting investors to sell the safe-haven currency. Spot gold was bid at [...]
By Dave Brown – Exclusive to ResourceInvestingNews.com Lowered expectations and prolonged uncertainty were seen as the key drivers, leading to market volatility late in the week for equity investors. Mixed economic data being released during the period included: readings of new-home sales, consumer sentiment and durable-goods orders, however these positive stories were buoyed by a [...]
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