Stoyan Bojinov: Thursday was a bright green day on Wall Street as investors piled into equity market after European leaders took another step forward in the right direction. Policymakers in Brussels agreed upon a $1.4 trillion “bailout” while private bondholders negotiated to accept a 50% writedown on Greek debt. Read more…
XLE
George Maniere: Yesterday on Thursday the market rallied off of a plan that the Euro zone leaders had promised and investors had demanded. That alone came as a relief to markets given how low expectations had fallen. The S&P not only broke the key resistance level of 1257 but blew away the 200 Read more…
NYSE:GLD, SLV
With the global financial markets keeping undivided attention on Europe for the past few months, a quiet and potentially alarming slowdown in China has fallen under the radar. While some global markets rallied through Read more…
IDX, NYSE:FXI, THD
Back in July, I covered a company called Royal Gold (Nasdaq:RGLD), and wrote about how it wasn’t an ordinary play on gold mining. By owning the mines and receiving royalties on the gold produced in those mines, Royal Gold bypassed the expensive overhead that a typical mining company would normally incur. In the process, it Read more…
IAU, NYSE:GLD, SLV
US stock futures are off about 0.5% this morning following yesterday 3+% jump. The rally was sparked by the agreed upon Eurozone debt deal that seems to have taken calamity off the table for the Read more…
NYSE:GLD, OIH
Shah Gilani: After European leaders announced a plan to stem Eurozone and global panic over Greece’s potential default and shore up capital at beleaguered banks, positive contagion is lifting stock Read more…
TBT, TLT
Stocks skyrocketed on Thursday on a massive spike in volume. The markets gapped up at the open, sold off briefly and rallied for most of the session. However, there appeared to be some profit taking into the close. Read more…
IEF, NYSE:GDXJ, SLV
Michael Johnston: Innovation has become standard in the ETF industry in recent years, as dozens of issuers have continued to roll out exciting new products offering exposure to new asset classes and investment Read more…
NYSE:CHLC, NYSE:DSUM, NYSE:RMB
Ron Rowland: As protesters “occupy” Wall Street, Americans are considering how — or if — they’ll be able to occupy the space under this year’s Christmas tree. Read more…
NYSE:RTH, PMR, XRT
Steve Mauzy: Gold (NYSE:GLD) has been one of the hottest investments over the past three years, more than doubling in price to $1,700/ounce from $800/ounce. To many investors, gold remains something Read more…
IAU, NYSE:GLD
In trading on Thursday, the iPath Long Extended Russell 2000 TR ETN (NYSE:RTLA) is outperforming other ETFs, up about 15.33% on the day. Also up on the day are the Read more…
NASDAQ:CARZ, NYSE:CVOL, NYSE:EDV, NYSE:PSCM, RTLA, VIXM
Kent Moors: During a biofuels conference at Mississippi State University last week, Navy Secretary Ray Mabus announced that his branch would be leading the charge to lessen the U.S. Department of Defense’s (DOD) dependence on fossil fuels. Read more…
USO
Eric Dutram: This year has, so far, been a pretty strange period for municipal bond investors. It started off with a dire prediction from Meredith Whitney on the market as she stated her belief that we will see a large amount of defaults in the space in the very near future. “You could see 50 sizable defaults, Read more…
MUB, NYSE:BAB, NYSE:BABS, NYSE:BABZ, PZA, TFI
Matt Tucker: A decade ago, buying a local currency emerging market (EM) bond fund would have been nearly impossible. In the “old” days emerging market governments primarily issued bonds that were denominated in foreign currencies, like US dollars, Japanese Yen or Euros, when they wanted to raise capital. Read more…
NYSE:LEMB
Kevin Grewal: Supply and demand forces are dictating that the global water sector is expected to witness growth and positive price support in the future, making the PowerShares Water Resources (NYSE:PHO), the PowerShares Global Water (NYSE:PIO) and the Guggenheim S&P Global Water Read more…
NYSE:CGW, PHO, PIO
Most Comments