Stocks advanced Wednesday as investors were encouraged by a few earnings reports, including Morgan Stanley, Yahoo and SanDisk. The VIX, widely considered the best gauge of fear in the market, dropped to just above 20.
Earnings season continues in earnest Wednesday, as we roll on with a week that will ultimately see 25 percent of the S&P 500 report their quarterly numbers.
Sunday, 18 Oct 2009 | Source: The Associated Press
There are signs the nation's factories are stirring from one of the worst recessions in decades. If nothing else, hints of a rebound at big industrial firms will boost the stock market and lift people's 401ks.
Charl Malan, Senior Metals & Mining Analyst on the Van Eck Global Hard Assets fund which is rated 5-stars by Morningstar and up 24.96% this year, said now is a good time to invest in commodities because of “unprecedented monetary and fiscal stimulus in the United States, China and Europe.”
Stocks are up 9 out of the past 10 sessions, fueled by a weak dollar and strong commodities but what happens when the greenback rebounds? Dan Fitzpatrick, president of Stockmarket Mentor and Paul Schatz, president of Heritage Capital shared their ideas and top sector and stock plays... Read More