Welcome, Guest. Please login or register.

Author Topic: Steve Jobs, The Man Behind The Brain  (Read 897 times)

0 Members and 1 Guest are viewing this topic.

MTnews

  • Hero Member
  • *****
  • Posts: 734
  • Karma: 1
    • View Profile
Steve Jobs, The Man Behind The Brain
« on: August 25, 2011, 03:36:49 PM »
Daily Market Commentary for August 25, 2011

Resignation of Steve Jobs, the man behind the brain, as Apple (NasdaqGS: AAPL) chief executive. (read more at Millennium-Traders.Com) http://www.millennium-traders.com/news/newscommentary.aspx

After a three-day rise, the markets did an about face and turned lower early in the trading session. Labor Department reported claims for U.S. jobless benefits rose by 5,000 to 417,000 in the week ending August 20.

All eyes remain focused on Federal Reserve Chairman Ben Bernanke speech to prominent economists on Friday at 10:00 am ET, in Jackson Hole, Wyoming. Markets are expected to hold flat ahead of and into his speech. Investors are hoping that Bernanke will use his speech to promise another round of asset purchases or QE3. Expectations are for Bernanke to say the Fed will do whatever it has to do to avoid recession.

Warren Buffett announced a $5 Billion investment by Berkshire Hathaway, in Bank of America (NYSE: BAC) that sent BofA's stock charging higher with gains of over 11% into the mid-day trading session. Berkshire will purchase 50,000 shares of cumulative preferred stock with a liquidation value of $100,000 a share in a private offering. The preferred stock carries an annual dividend yield of 6% and is redeemable by the company at any time at a 5% premium. "I am impressed with the profit-generating abilities of this franchise, and that they are acting aggressively to put their challenges behind them," Buffett said in a statement.

Gold for December delivery fell $38.90 or 2.2% to $1,721.40 an ounce on the Comex division of the New York Mercantile Exchange, in early morning trading. Effective at the end of trading today, margin requirements to trade gold is increase to 27%. CME had increased margins to trade a gold contract, earlier this month. Speculative financial investors were clearly closing long positions on a large scale. Gold was down over $104 as a result of the news after a loss of $30 yesterday.


Register now for our Free Chat Rooms for penny stocks, options, stocks, futures and forex! Chat with other traders during off-peak market hours.

Access a one week trial to our Weekly Swing Trades and Day Trading services. View detailed historic performance from our News & Commentary.

Access our FREE Monthly Trading Lesson posted on our website.

Viewers may opt-in to our free Weekly Market News sent via email on the first trading day of the week. Review market news and active stocks from the previous week plus, see what is ahead for the upcoming trading week.

Follow us now on Twitter and join us on Facebook.

Thanks for reading
Millennium-Traders.Com
http://www.millennium-traders.com

RayBanz1983

  • Newbie
  • *
  • Posts: 5
  • Karma: 1
    • View Profile
Re: Steve Jobs, The Man Behind The Brain
« Reply #1 on: March 08, 2012, 08:03:50 PM »
You are going to start a Forex Trading and searching a robotic system ,then we are here you can visit our site for more details:
http://RoboticTradingSystems.com

Tags:
 

Related Topics

  Subject / Started by Replies Last post
0 Replies
934 Views
Last post July 30, 2007, 08:01:23 AM
by The Web Team
0 Replies
1354 Views
Last post September 28, 2007, 12:00:17 PM
by The Web Team
0 Replies
935 Views
Last post December 04, 2008, 12:13:56 PM
by godoftrading
0 Replies
721 Views
Last post September 03, 2009, 03:48:28 PM
by MTnews
0 Replies
650 Views
Last post October 08, 2009, 03:40:36 PM
by MTnews
0 Replies
509 Views
Last post January 06, 2010, 03:49:07 PM
by MTnews
0 Replies
1106 Views
Last post February 08, 2010, 02:51:41 PM
by aimi123
0 Replies
536 Views
Last post November 05, 2010, 03:29:39 PM
by MTnews
0 Replies
580 Views
Last post September 09, 2011, 03:18:58 PM
by MTnews
0 Replies
611 Views
Last post October 06, 2011, 03:20:31 PM
by MTnews