Gold up to $931.3po. Up $16.20 today.
Oil(CLQ8) set a new record again today. The high was 142.99. It closed at 140.21,
up .57c.
http://tiny.cc/3s1YV
Look for the Dow to fall hard either Monday or Tuesday. Possibly another 300-400 day depending on earnings and other fundamentals that might come out.
http://www.bloomberg.com/markets/ecalendar/index.html
Monday is a slow day for economic news, but look for the banks or the investment banks to issue some type of market moving news about capital raising. Possibly (MER)
Merrill.
Already the bond insurer MBIA is in trouble as their rating is at jeopardy with Moodys.
And late today the news broke that on CNBC that said "Moody's Investors Service warned it is likely to cut its credit ratings on Morgan Stanley, saying the U.S. investment bank has made expensive trading mishaps and it's unclear if it can improve its risk management."
That was right after the XLF hit a 52 week low and people were just starting to question the standing of JPM.
Below tells you why Gold is hot right now.
Good Fortune from Trade-Equity.com!!!
