Daily Video Update: European worries cause steep losses

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Wednesday, the 23rd of May.

While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week.

DailyXchange
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Stocks on the move: TRIP ( Tripadvisor ) and EXPE( Expedia )

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Daily Video Update: European worries cause steep losses"

"This Is the Bottom for Gold" - John Hathaway

In an interview with Louis James, John Hathaway discusses the US's economic outlook and why he's delighted by the current bearish sentiment toward gold.

[To be a successful speculator, one must be willing to go against the mainstream investment trends, as John is. There's no better way to get a primer on contrarian investing than by sitting in on the recently concluded Casey Research Recovery Reality Check Summit – and you can do that by ordering the Summit Audio Collection today. Every presentation, every chart and graph, and every actionable investment tip can be yours, in either the instantly available MP3 files, or in CD format.] Continue reading ""This Is the Bottom for Gold" - John Hathaway"

Dow And S&P 500 Close Nearly Unchanged, Nasdaq Posts Modest Loss

(RTTNews) - After seeing a positive bias throughout much of the session, stocks showed a notable move to the downside in the latter part of the trading day on Tuesday. Buying interest reemerged in the final minutes of trading, however, and the markets ended the day roughly flat.

Most of the major sectors ended the day showing only modest moved following the volatility that was seen in the final hour of trading. Continue reading "Dow And S&P 500 Close Nearly Unchanged, Nasdaq Posts Modest Loss"

Oil closes near 2012 low today

By CHRIS KAHN
AP Energy Writer

(AP:NEW YORK) Oil prices dropped near their lows for the year following warnings of a "severe recession" in Europe and an apparent easing of tensions over Iran's nuclear program.

Benchmark U.S. crude on Tuesday lost 91 cents to end the day at $91.66 per barrel in New York while Brent crude fell by 40 cents to end at $108.41 per barrel in London. Both contracts hit a low for 2012 on Friday at $91.48 and $107.14, respectively.

Oil has declined almost every day this month as elections in Greece and France threatened existing plans to fix the Continue reading "Oil closes near 2012 low today"

Daily Update: U.S. housing data sparks a subdued rally

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Tuesday, the 22nd of May.

While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week.

DailyXchange
Post and prosper with other MarketClub members everyday.

Stocks on the move: WNR ( Western Refining ) and ALXN ( Alexion Pharmaceuticals )

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Daily Update: U.S. housing data sparks a subdued rally"