Financial

Gold's Big Concern: US Dollar Index Hits 52 Week High!
Gary Tanashian41,252
May 17, 2013
Pinnacle Digest writes: The price of gold continues to fall dropping $20 an ounce Friday to trade at $1,365.70 in early morning trading. The US Dollar Index traded up to a new 52...
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S&P 500 Up 27% Year over Year, 17% Year to Date on Worst Industrial Numbers in 8 Months
May 15, 2013
Pinnacle Digest14,664
The US markets are really starting to go wild now. Despite industrial production falling to its lowest level in 8 months, the S&P 500 and Dow both rose more than half a...
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Fed Exit Plan: Just More Noise?
May 13, 2013
Gary Tanashian41,252
Pinnacle Digest writes: When it comes to the Fed, its best to focus on what it does and not what it or some other main stream media body says or leaks about what it might do....
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Fitch Worried about EU Recovery
May 13, 2013
Paul Ebeling148,461
Pinnacle Digest writes: EU markets are touching record highs, including the DAX, while the economic environment continues to deteriorate in the 17 nation bloc. Fitch ratings have...
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Monday Morning Market Update
May 13, 2013
Pinnacle Digest14,664
All North American indices fell Monday as gold was down $16 an ounce or better than 1.1% in early morning trading. The USD traded sideways, continuing to show solidarity and...
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The Annual Pilgrimage to Nebraska and Berkshire Hathaway's Message
May 9, 2013
Frank Holmes136,655
Pinnacle Digest writes: Everyone knows who Warren Buffett is and how he's made his billions, but few have the fortitude to employ his steadfast discipline and faith in the US...
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Market Sentiment: The Ultimate Canary in the Coal Mine
May 9, 2013
Gary Tanashian41,252
Pinnacle Digest writes: Market sentiment is becoming increasingly positive as investors refuse to sell off these markets, believing the US economy will recover. The S&P 500...
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Don't Sell in May?
May 7, 2013
Frank Holmes136,655
Pinnacle Digest writes: Although we've all heard the maxim, "Sell in May and Go Away," literally hundreds of times from the mainstream media or our friends, this year there are...
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S&P tells Gravity to shove it: up, up and away!
May 6, 2013
Gary Tanashian41,252
Pinnacle Digest writes: The Standard & Poor Index extended its incredible rally as most US stocks moved higher Monday, still relishing in Fridays' positive jobs numbers. The S...
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Dark Pool Trading Activity Hits 40% in US
May 6, 2013
Paul Ebeling148,461
Pinnacle Digest writes: Dark Pool trading activity continues to rise in one of the most unregulated markets in the world: US equities. Paul Ebeling reported this morning that non-...
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Is Bernanke Really a Hero? The Market Thinks So
May 3, 2013
Gary Tanashian41,252
Pinnacle Digest writes: The Fed's master plan appears to be working, and its Chairman, Ben Bernanke, is once again being revered as a hero. The markets on the other hand are at...
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Consumer Gold Demand Strong, but not Enough to Fight off Gold ETF Selling
May 2, 2013
Adrian Ash102,792
Pinnacle Digest writes: After taking yet another beating on Wednesday, gold and silver both ticked up  in morning trading, up 1.2% and 2.3% respectively.European stock...
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Fed Leaves Stimulus Unchanged, Following Bad ADP Jobs Numbers
May 1, 2013
Gary Tanashian41,252
Pinnacle Digest writes: The US economy, particularly in respect to the job market and unemployment numbers, continues to disappoint and show signs of weakness. Companies added...
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Run, S&P 500, Run
April 30, 2013
Gary Tanashian41,252
Pinnacle Digest writes: The S&P 500 traded a point off its 52 week and all-time high Tuesday afternoon at 1,596.05 - up 2.44 points or 0.15%. Despite mixed economic data...
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Fed Debt Bubble Will Soon Burst, Bringing Down US Markets
April 26, 2013
Paul Ebeling148,461
Pinnacle Digest writes: The markets and gold were up early, but began falling hard after US GDP numbers came in below estimates at an annual rate of 2.5%. The median estimate of...
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Confidence in the EU Fades as Contraction Spreads to Germany
April 25, 2013
Paul Ebeling148,461
Pinnacle Digest writes: European economic activity continues to contract, while unemployment hit a new record in Spain. The PMI or purchasing managers' index for the euro zone...
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