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Market News

Location American Market News for 6 December 2013
Asian stocks swing from gains to losses on Fed stimulus outlook Japan's Topix index and South Korea's Kospi index both gained 0.1%. Australia's S&P/ASX 200 Index lost 0.3%
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Markets Break Five-Session Losing Streak, End Week With Gains A better-than-expected jobs report proved to be good news for U.S. markets, which closed Friday trading with gains
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Almost a year after the Newtown, Conn., shootings, one key player could be drawn out of the massacre's long shadows once again. Campaign to Unload, a coalition critical of investments in gun manufacturers, plans fresh ac...
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Employment Numbers Hit Fed's 7% Target To Begin Tapering: Will It? The unemployment rate dropped to 7.0% in November from 7.3% in October as total nonfarm payrolls rose by 203,000. These were both much better than expected. Employment increased in transportation and warehousing, health ...
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Will The Real Economy Please Stand Up?

Forbes - 6 Dec 2013 22:56
Is the economic recovery accelerating or not? Markets need to know. Investors need to know. Most importantly, the Fed needs to know.
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Gold & Silver To Hit New Highs: Rich Dad Poor Dad Author Editor's Note: Introducing Kitco News' Invest Like The Experts Series, a weekly feature that will showcase investment gurus' top investment picks for the coming year. Each expert was asked how they would invest $10,000 i...
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Dollar, stocks rise as US jobs data boosts taper talk Jobless rate at 7% in November; dollar rallies against yen; bonds retrace earlier losses; investors mull Fed policy
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(Kitco News) - With the U.S. jobs report out of the way, gold traders are likely to focus on the December Federal Reserve meeting later this month and price direction could reflect participants jockeying for position.
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Chipotle Mexican Grill Looking Hot For Winter CMG has the potential to rally, should skepticism unwind in the face of the stock's outstanding technical performance.
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Were Nook's Books Cooked? Barnes & Noble's Accounting Investigated By SEC In Barnes & Noble's quarterly report filed Thursday, the company noted that the SEC is investigating an "employee's allegation."
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Gold Survey: Survey Participants Have Mixed Views On Gold's Direction Next Week (Kitco News) - Participants in Kitco News' weekly gold survey are divided over the direction for prices.
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(Kitco News) -Analysts say gold's ability to hold up despite improving U.S. economic data this week - including nonfarm payrolls on Friday - is a sign that the market may be trying to put in a short- to medium-term botto...
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Indian 2014 gold imports seen at half usual levels: trade body GJF director Bachhraj Bamalwa says the govt is unlikely to ease its import policy until the trade deficit is under control
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U.S. Crude-Oil Glut Spurs Price Drop

Wall Street Journal - 6 Dec 2013 18:34
The U.S. Gulf Coast--home to the world's largest concentration of petroleum refineries--is suddenly awash in crude oil. So much high-quality oil is flowing into the area that the price there has dropped sharply.
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Retirement Reality Bite: How To Avoid Nest Egg Syndrome As long as I can remember, Americans saw their homes as golden nest eggs.
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7 Tips For A Better Retirement

Forbes - 6 Dec 2013 18:33
7 Tips For A Better Retirement What retirees can do now for a better retirement later.
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UFA, Russia -- In a large restaurant overlooking a snowy Soviet-era horseracing track, a noisy birthday party for a young girl is under way. Outside, it's the harsh Russian winter. Inside, the guests are feasting on trad...
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PowerGrid FPO subscribed 6.7 times

livemint.com - 6 Dec 2013 17:31
PowerGrid FPO subscribed 6.7 times Out of the total proceeds, around `5,717 crore will go to PowerGrid and the rest to the central government
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Wall Street is expecting lower profit for Smith & Wesson Holding when the company reports its second quarter results on Tuesday, December 10, 2013. Analysts are expecting earnings per share of 21 cents after the company ...
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AutoZone Earnings Expected to Rise

Forbes - 6 Dec 2013 17:07
Wall Street is expecting higher profit for AutoZone when the company reports its first quarter results on Tuesday, December 10, 2013. The consensus estimate is calling for profit of $6.26 a share, a rise from $5.41 per s...
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Can Apple Power Tech Higher?

Forbes - 6 Dec 2013 16:56
Can Apple Power Tech Higher? Another day of selling in the US markets that was blamed on fears that the Fed would taper earlier than expected? Sound familiar? Unfortunately the financial media seems as though it needs to have a specific reason to ex...
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Most investors clamor for investments that generate a high yield, particularly when they have been pitched as safe and secure municipal bonds.
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