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Market News

Location American Market News for 11 October 2013
Let Google And Facebook Tell You Whether To Buy Twitter In mid-November, Twitter will make its IPO. So do you just go out and buy it the first day and hope for the best?
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Michael Kors Dressed For Success On The Long Side A strong earnings report could lead Wall Street to change its position on KORS. Option speculators wanting to target Michael Kors for additional upside might consider trading the in-the-money January 2014 65-strike call,...
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(Kitco News) - Thursday is the U.S. debt-ceiling deadline, and gold-market participants will focus squarely on whether or not Republicans and President Barack Obama can come to an agreement to lift the ceiling.
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Survey Participants Bearish On Gold Prices For Next Week (Kitco News) - Bearish technical charts and negative general sentiment about gold is expected to weigh on prices next week, said a majority of participants in the weekly Kitco News Gold Survey.
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Gold Plummets After Rocky Trading Day

Forbes - 11 Oct 2013 20:13
Gold Plummets After Rocky Trading Day Gold lost some of its luster on Friday, losing $25 in two minutes and hitting a three-month low
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Any delay in resolving the debt ceiling crisis that last several weeks or months "would cause great damage to the U.S. economy and the world economy," Mario Draghi President of the European Central Bank warned this week ...
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Stocks In Hyperdrive As Wall St Looks To Obama And GOP To End Shutdown Stocks were back in rally mode for a second day as Wall Street remained optimistic that Obama and the Republicans in Congress could reach an agreement to raise the debt ceiling. Wells Fargo and JPMorgan Chase posted trou...
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How To Invest In Stocks, Worry-Free

Forbes - 11 Oct 2013 19:35
How To Invest In Stocks, Worry-Free One of the major problems with stock investing is your own emotions. It's important to invest in the stock market, of course, but how to invest in stocks is an open question.
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Pyramid Saimira: Sebi orders attachment of promoter's bank accounts The market regulator ordered the attachment in order to recover an amount of Rs1.27 cr
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US debt deal hopes steady stocks, short-dated bills pressured Wall Street stocks rise after equity gains in Europe, Asia; dollar fades on view Fed tapering could be delayed
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Invest As If The Sun Is Coming Up Tomorrow

Forbes - 11 Oct 2013 18:55
Invest As If The Sun Is Coming Up Tomorrow Barry Ritholtz, Chief Investment Officer, Ritholtz Wealth Management
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NSEL was running a ponzi scheme: Mumbai police

livemint.com - 11 Oct 2013 18:42
NSEL was running a ponzi scheme: Mumbai police Police say four to five people involved in the exchange used to get 3% commission on each deal
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Kaltenborn on the death of De Villota

CNN - 11 Oct 2013 18:37
Monisha Kaltenborn, F1's only female team principal, reacts to the death of former driver Maria de Villota.
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Vettel quickest at subdued Suzuka

CNN - 11 Oct 2013 17:25
Champion elect Sebastian Vettel records the fastest time in practice Friday for the Japanese Grand Prix during an afternoon session overshadowed by the news of the death of Maria de Villota.
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Retirement Planning For Late-Starters

Forbes - 11 Oct 2013 16:59
Retirement Planning For Late-Starters You're in your 50s and haven't saved for retirement. Don't panic, but do get going and take these steps now.
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Two Bare Bones Strategies to Boost Retirement Savings It's simply not true that you can't save enough for retirement.
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Gold premiums in India jump on festive demand, supply crunch All-India Gems and Jewellery Trade Federation says the premiums to London prices jumped to $30 to $40 an ounce
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Avoid The Noise, Watch The Numbers

Forbes - 11 Oct 2013 16:12
Avoid The Noise, Watch The Numbers The panic selling early in the week reflected the changing views of many investors and traders. While some were dumping stocks, others were turning bearish as financial giant Fidelity got lots of press over dumping its s...
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Numbers Tell Scary Story About Sina Stock

Forbes - 11 Oct 2013 15:48
Numbers Tell Scary Story About Sina Stock Sina continues to grow revenue, but its expenses are growing much more rapidly. Its costs of revenue have tripled since 2007, and its sales and marketing and general and administrative expenses nearly doubled between 201...
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Investors Take Note: The Worst Is Still Ahead The biggest profits are made in times of adversity, not when everything is overpriced.
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(Kitco News) - A sharp sell-off in gold futures early Friday occurred on a sudden spike in volume, suggesting a large seller entered the market, although sell stops were also activated, traders said.
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Real Interest Rates Still Signal Value In Gold Many bears assume gold is no longer attractive as an investment. With rising rates and continuing low inflation, U.S. investors believe they have a solid case for selling their holdings. However, this could be a prematur...
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