With the announcement that Apple CEO, Steve Jobs, would be taking yet another medical leave of absence, the "golden" Apple took a dive and with it, so did the NASDAQ.
Perhaps it's just a coincidence, but the NASDAQ seems to lean heavily on this one booming tech stock.
So today I ask:
Loading ...
Good news, it's the end of "Silly Season!"
On the 10th of December we blogged that "Silly Season" was about to begin. This is the time of year when the markets can get a little weird and do all sorts of things that perhaps they wouldn't do in more normal times.
Liquidity is the lifeblood of the markets and without liquidity markets can be pushed around by just a few small orders that ordinarily would not make a blip on the radar screen.
Continue reading "Good news, it's the end of "Silly Season!""
This year has been an interesting one for many markets, but certainly the standout had to be the gold market. With unemployment still high and the dollar lagging further and further behind, it may very well stay a strong market well into 2011.
Because we find the opinions and comments of our readers much more insightful than can be shown with a simple poll question, we've instead decided to ask our readers for their opinion in our comments section this week.
Whether you disagree with our assessment of the gold market being the hot market of 2010 or want to share your prediction for the hot market of 2011, please do so in the comments section.
Every success,
The MarketClub Team
On the 10th of December we posted on this blog about the "silly season" and what it means to the markets and to traders. We also put up a poll asking the following question:How will you be spending this "silly season"?
I'm happy to say we had over 700 votes and lots of comments. It was gratifying to see that 51% of the folks elected to spend time on the sidelines and enjoy life during this time.
Continue reading "I am officially ready for "Silly Season," are you?"
Last week we talked about a post-election rally and lo-and-behold, we're seeing just that. For every one stock on the NYSE that closed in the red yesterday, 5 closed in the green. In fact, all three stock indices closed at their highest levels of the year.
The question we have for you today is:
Loading ...Tell us what you see happening in the markets in our comments section below.
Every success,
The MarketClub Team
You are now leaving a Magnifi Communities’ website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.
Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.
