Category: General Market NewsSort
Five Reasons Why This Will Remain A Traders Market
Why The Market May Go Higher: Simple Bubble Reason Revealed
The markets are trading near their all time highs and very likely will continue higher. Today, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is trading at $158.85, +0.95 (0.60%). The all time high reached a few weeks ago was $159.71. While the markets will go higher, it is important to recognize a growing bubble in equities. ....
Mining Stock News: SilverCrest (TSX.V: SVL) (NYSE MKT: SVLC) Announces Q1 Production 153,481 Ounces Silver & 7,225 Ounces Gold
VANCOUVER, BRITISH COLUMBIA - April 24, 2013 (Investorideas.com Mining Stocks Newswire) SilverCrest Mines Inc. (TSX.V:SVL) ( NYSE MKT: SVLC) (CW5.F) ("SilverCrest" or the "Company") is pleased to announce production figures for the first quarter of 2013 from its 100% owned Santa Elena Mine located in Sonora, Mexico.
The markets are roaring higher today ahead of Apple Inc. (NASDAQ:AAPL). This will be a big report for the whole technology sector. In addition, Friday morning Wall Street will get the GDP number. This will be the major economic report of the week. Since last Thursday's low, the markets have soared. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) has jumped from $153.50 to a high today of $157.88. ....
Biotech has been a hot area in this market. Whether large cap or small cap, Wall Street and Main Street have watched as biotech companies have surged. This is partly due to the safety of drug stocks, along with the optimism of future drugs. Large cap biotech Amgen, Inc. (NASDAQ:AMGN) continues to trade near its all time highs at $112.54, +1.16 (1.04%).