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Tuesday, October 21, 2014 |
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Markets | yesterday | today | |||||
metals | Gold continuing up to $1,245.85 & silver to $17.37 | Futures @ 3 hrs. before opening +0.38% | |||||
stocks | (from here) Nasdaq jumped nearly 1.4% on the fourth day of its rally attempt. Normally, that would be a strong enough gain to qualify as a follow-through day, but NYSE and Nasdaq volumes were well below Friday's levels. | Futures +0.07% |
Only big report today is Existing Home Sales.
Brighter China data fails to lift stocks, dollar sags Reuters - 10 hours ago LONDON (Reuters) - A two-day rebound in global shares slowed and the dollar edged lower on Tuesday, as slightly above forecast Chinese growth data failed to erase concerns that the world's second-biggest economy is losing momentum.Gold Goes Up As U.S. Dollar Falls Down Gold futures rose as the U.S. Last weeks stock market turmoil was a boon for gold prices. Gold and stocks tend to move in opposite directions as the precious metal is seen as a store of value and a hedge against economic turbulence, while equities tend to benefit from U.S. Barrons.com
Funny how the headlines like to imply that Buffet lost money, but it was his fund's money, and along w/ all the other holdings by yesterday's close the fund actually came out a half $B ahead. Kind of reminds me of all the "Buffet Bets on Crash" stories we've been getting.