Skip to comments.Daily finance & investment thread (2-13-13 edition)
Posted on 02/13/2013 2:38:22 AM PST by dennisw
Trying to focus on the markets for today and each day and the economic news
A number of people have talked about such a thread. Lets see how it goes. This is where you can impart some investment wisdom to your fellow
freepers. You can vent about the big one that got away. You can chime in how Obama is out to wreck American capitalism.
If you see another FR economic thread you like and want to link to it here, please do
Post your favorite economic site links. Your favorite precious metals blogs and sites
Apmex.com is a solid place with good reputaion to buy precious metals Kitco is a good site for charts and other precious metals information
Ping list -- on or off let me know here or via freep-mail. If I missed you then Fpreep-mail me
Keep stacking folks, the pResident didn’t even touch the
“real state of the union”.
Gold and silver miners are on sale for a short while longer!
The market should tank, today. It usually does when The pResident opens his mouth...
Stocks have had a strong run so far this year. The Dow is about 1% away from its record high set in October 2007. The S&P 500 has also had a solid run, coming within 4% of its record high, also set in October 2007.
Investors have focused on better-than-expected corporate earnings and signs the Federal Reserve will continue to support the economy, said Joseph Saluzzi, co-head of equity trading at Themis Trading.
But it’s unclear how much longer stocks can continue to rise, he added. “Eventually there will be a break, and it will be ugly.”
Gold silver down today. Anyone who wants a quickie painless way of ordering some as a gift or for oneself-— Checkout the APMEX store at ebay. http://www.ebay.com/gold-and-silver Only $5 shipping so nice for small quantities
At ebay you will be paying the APMEX “credit card” price but it still works out due to low shipping. At APMEX proper you can “lock in” via credit card while you send them payment via personal check. You save 3% if remitting via personal check, bank check or bank wire
APMEX shipping rates
Of course. I’m interested in anything that makes money. There’s the money/risk factor. Canada has been business friendly (when it wants to be) but the carbon tax crowd do their amount of whooping it up as well. I’ll check it out. Thanks.
SAMSUNG listed in London is up 33% in the last 6 months while AAPL dives deeper
SAMSUNG= world’s largest consumer of chips
I looked at SU. Didn’t like . But CVX or PSX I would certainly consider.
I also am looking at CLF, but I'm scared the economy is about to roll over again. After a 20% fall, it is getting where I might chance it anyway. I hate the div was cut. FCX is another one to look at if you like CLF. I had my FCX called away for 35 awhile back so I might sell some 34 puts short to see if it gets put back to me.
I don’t hold APA, I trade it. Price points change but if I can buy @$83.50 and sell close to $85, I’m happy. The only stocks I hold long term are cheap spec stocks.
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