Monthly Archives: January, 2011
Today Gold, silver, copper and platinum Price trend higher
Gold for February contract was recently at lower levels not seen in a few months. The outlook for gold bullion and safe haven assets is still optimistic today and final results support this thinking. Generally negative interest rate environment will continue to enforce a safe haven appeal throughout 2011. Gold for February contract was trending [...]
Future Oil: Crude Rebounds as fuel oil, gasoline Jump
NEW YORK – Crude oil futures bounced higher Wednesday after settling six straight sessions of losses on a rise in prices for heating oil and gasoline. Light, sweet crude for March delivery settled $ 1.14, or 1.3%, higher at $ 87.33 a barrel on the New York Mercantile Exchange. Brent crude on the ICE Futures [...]
Qualcomm 1Q Profit Jumps 39% higher sales, Boosts Year View
Qualcomm Inc. (QCOM) reported its fiscal first quarter rose 39% as chip maker continued to higher earnings on strong demand for wireless devices. The company increased its expected full year profit of $ 2.91 to $ 3.05 per share on revenue of $ 13.6 billion to $ 14.2 billion. The company previously forecast earnings per [...]
Energy stocks rise, Halliburton advances – Broad stock market is a lift, oil prices fall
Energy stocks rose Monday as natural gas shares leading the way, while Halliburton moved its better than expected earnings and the broad stock market provided a lift. Crude oil futures retreated 1% to trade near $ 88-a-barrel in trade in energy. See more on crude traders look for the outcome of the Federal Reserve this [...]
Precious metals: gold rises a bit of Ireland, Inflation Jitters
NEW YORK – The political unrest in Ireland and global inflation concerns pushed gold futures slightly higher Monday. The most actively traded gold contract for February delivery rose $ 3.50 to $ 1,344.50 a troy ounce to settle on the Comex division of the New York Mercantile Exchange. Gold also rose in January around $ [...]