If you ask many pundits when Apple
will unveil its often-rumored wearable device, many of them will
say October. However, we may have to revise those expectations a
bit. Recode's sources now claim that Apple will unveil the gadget
on September 9th -- you know, the same day that many expect to see
at least one new iPhone.
There's little to back the claim at
this point beyond the site's reputation for accurate leaks, but the
timing makes sense given that the iPhone and the mystery wristwear
are expected to work virtually hand-in-hand. As for actual
Besides the expected fitness and home
automation support, there isn't much more to say -- most likely,
you'll have to wait a couple more weeks to get the full scoop.
Wall Street finished the trading day
in the green as the S&P 500 continues to trade above 2,000, an
all-time high. This suggests a further uptrend can be expected in
the next few days. The S&P 500 gained by 0.11%,...
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Wall Street finished the week mixed
after Federal Reserve Chair Janet Yellen stated that the Fed will
take its time over raising interest rates to avoid disrupting
recovery. The S&P 500 fell by 0.20%, the NASDAQ...
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If any asset class has disappointed
investors over the last three years, it has been gold. Many on Wall
Street are just now starting to reexamine gold for investors’
portfolios. Years of quantitative easing by the Federal Reserve and
other central banks have started to accomplish their goal of
re-inflating economies. The problem is they may have reinflated too
much, and inflationary pressures could already exist — ask any
person who has shopped for meat and groceries these days.
The technical team at Oppenheimer
sees big upside in gold miners going forward, and analysts are
actually more bullish on the miners than the precious metal itself.
In their new report, Oppenheimer analysts cite an exchange traded
fund (ETF) and three top stocks to buy in the gold mining
Welcome to a new week. In the
aftermath of last Friday’s NFP, we can tell (once again), that the
market works in mysterious ways. If you look at it from a
simplistic point of view, the result of only 209k jobs added to the
American Job market (against 288K last month or a consensus of
233k), should have boosted every single pair confronted to the USD,
starting with the EUR/USD, and the reaction was not so harsh.
We had a peak after the announcement
and then a correction that endures until now. The way I see it is
like a box of matches. If you take a match from the box, and rub it
against the sandpaper, the normal situation is that the match
should ignite, but this doesn’t happen every single time: sometimes
its head breaks, sometimes the material on the matchstick head is
moist, and in other occasions the sandpaper is wearing off.
U.S. indices finished trading in the
green in response to the release of a positive Unemployment Claims
report. The Dow Jones rose by 0.36%, the NASDAQ added 0.12% to its
value, and the S&P 500 increased by 0.29%,...
U.S. indices traded mixed yesterday
after the Federal Reserve revealed that the interest rate may rise
sooner than expected. The NASDAQ fell by 0.02%, the S&P 500
rose by 0.25%, and the Dow Jones added 0.35% to its...