The US stock market

[ilearn2t]

Hello Everyone

Yesterday, the stock market finished the trading session with a moderate growth of the main indices, most of the day it stayed on the high side close to it record, but due to a late fade it was prevented from closing at an all-time high.

During the session, the Standard & Poor's 500 index managed to surpass the previous record, ending up at 11.36 points, or 0.6 percent, to 1,847.61 -- just short of its record close of 1,848.38 set on 15/Jan/2014.

The Dow Jones Industrial Average rose by 0.64% to the level of 16207.14 points, and the Nasdaq Composite went to plus on 0.69% and reached the level of 4292.97 points.

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

Gold rallied to its highest in more than 16 weeks, reaching a high $1,338 an ounce in New York. If investors continue to ride the precious metal we could will be looking a high $1,500 an ounce at some point this year, most likely sooner rather than later.

Current price: 1.335

Good luck
ilearn2t

 

[RahmanSL]

All the above good news should beat the hell out of the Aussie dollar and Euro; don't you think so???

 

[ilearn2t]

Hello RahmanSL

The price of gold tends to move in opposite directions to the US dollar, but even more so the AUD has a positive correlation with Gold due to Australia’s extensive gold mining industry.

So if Gold goes up it tends to bring the AUD with it.

Good luck
Liz

 

[ilearn2t]

Hello Everyone

The US Conference Board Consumer Confidence Index fell to 78.1 in February from a downwardly revised 79.4 in January, experts did expect the index to edge down to 80.1 from the 80.7 originally reported for the previous month, in the first 30 minutes of the report both EUR/USD & GBP/USD took a shape fall while the AUD/USD holds tight due to the strong Gold hitting a high 1340.55 once again breaking its 16 week high set yesterday.

Current price: 1339.24

Update:

The oldest bitcoin exchange MtGox closed transactions for the time being, what effect will this have on Bitcoin/USD ?

Current price: 538.72

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

Gold nears its highest level last seen around 21/July/2013 (1346.43) as the US markets hover just above yesterdays close: Dow 16,226.78 +19.64 (0.12%), S&P 500 1,848.82 +1.21 (0.07%), Nasdaq 4,293.31 +0.34 (0.01%) as home prices rose slightly more than expected in December, and the S&P 500 retail index rose 0.9 percent.

Gold price taken from my brokers platform, so allow a slight adjustment in proper price details.



Current price: 1342.67


Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

The US stock markets all closed down on yesterdays close of day results following a choppy trading day.

The Dow Jones Global Indexes: Closed at 16,180.94 -26.20 (-0.16%) on the day.

The S&P 500 Index: Closed at 1,845.12 -2.49 (-0.13%) on the day.

Nasdaq Composite Index: Closed at 4,287.59 -5.38 (-0.13%) on the day.

Despite the drops the Nasdaq Composite Index: still looks on course to reach its all time high (5,132.52) on 10/March/2000 ending that day on 5,048.62.

Meanwhile Gold reached 1343.49 just over 2 hours ago as it nears its target of last July (1346.63) looking at a possible 1448.00 last seen on the 05/March/2013. As it looks for a 1500.00 target this year.

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

Today the GfK (German consumer confidence) March survey showed an unexpected rise to its highest level since Jan/2007, rising to 8.5 points from the prior revised 8.3, as most experts predicted no major change from 8.2 in February, the market research group noted that income expectations improved slightly, while both economic expectations and willingness to buy fell a little, but remained at high levels.

Meanwhile in the U.S. single-family home prices in December rose slightly more than expected from the previous month.

The Dow (+25.00), S&P (+3.25) and Nasdaq (+6.00) futures all remain in an upbeat mood, despite dropping a few points in the last hour.

Gold also took a slight knock over the last few hours from a high of 1345.25 to a 1338.39, before recovering to its current price of 1339.61

Good luck
ilearn2t

 

[ilearn2t]

Hello Everyone

US Stock markets price:

The Dow Jones Global Indexes: 16,188.94 +9.28 (+0.06%).

The S&P 500 Index: Open 1,849.54 +4.42 (+0.24%).

Nasdaq Composite Index: Open 4,303.82 +16.23 (+0.38%).

In line with earlier futures forecasts.

Gold High 1345.25 Low 1329.45 Current 1333.29

Good luck
ilearn2t

Update:

Sales of new single-family homes started 2014 with surprising strength, rising 9.6% in January to a seasonally adjusted annual rate of 468,000, the fastest pace in more than five years.

 

[ilearn2t]

Hello Everyone

U.S. stocks open in the Green today, with the S&P 500 trading near its closing high, before Stocks dipped for a short time after a better-than-expected housing report, as all major currencies take the report it in their stride.

The Dow Jones Global Indexes: 16218.48 +38.82 +0.24%
The S&P 500 Index: 1848.95 +3.83 +0.21%
Nasdaq Composite Index: 4303.45 +15.86 +0.37%

Gold remains flatlined at 1332.91 after report.

Good luck
ilearn2t