Here’s a short answer for those who wonder what could transport the market still higher: the economy. The unexpected and sudden advance that started last September foresaw favorable economic news. The continuing rebound will no…
After a good start last January, equities tanked and didn’t turn positive for the year until its last few months. If 2011 really is shaping up to be a reprise of 2010, the market is poised for a fall, according to Jeffrey Saut,…
Everybody knows gold had a great year in 2010, rising 27% and beating most other investments. But silver actually did much better, climbing a breathtaking 83%. Can the “poor man’s gold” keep beating its more costly big brother?…
Shares of BP (BP) jumped to the highest level in six months on media reports that Royal Dutch Shell (RDS.A) considered bidding for the British company during the Gulf Oil disaster.
BP shares climbed 5% to 488.85 pence at 10:00 GMT, Reuters reported. …
Wall Street started the new year with a robust jump, helped by encouraging corporate and economic news that pushed the broad market to a 28-month high. The S&P 500 has now reclaimed nearly 90% of its losses from the bear-market…