Friday Radio Rallies and Reversals
Reversing -Global stocks are lower this morning. Investors are waiting on a possible stimulus package from the U.S. Federal Reserve next week and GDP rose 2 per cent in the third quarter. The result was slightly below economists' expectations for growth.
Rallying - It's the technology space that is shining along with gold and molybdinum. RIM, Microsoft & Monster Worldwide Inc. are all rising on positive earnings. Molybdinum stocks are rising after Bloomberg reported China may declare Molybdinum as their National Resource.
Russell Investments economic indicators suggests job growth is slightly negative and core inflation and consumer spending remains low but all are within their typical historic ranges. So nothing to cause concern. Any questions call me at 868-5525 or visit yourlifeyourplan.ca.
Rallying - It's the technology space that is shining along with gold and molybdinum. RIM, Microsoft & Monster Worldwide Inc. are all rising on positive earnings. Molybdinum stocks are rising after Bloomberg reported China may declare Molybdinum as their National Resource.
Russell Investments economic indicators suggests job growth is slightly negative and core inflation and consumer spending remains low but all are within their typical historic ranges. So nothing to cause concern. Any questions call me at 868-5525 or visit yourlifeyourplan.ca.
posted by David Allard at
12:47 PM
0 Comments:
Post a Comment
<< Home