Commerzbank analysts are bullish on what lies ahead for gold prices later in 2014, as they believe investment demand should gradually revive. But for the short term, they are skeptical.
“The debate about the scaling back of the Fed’s bond purchases will remain a negative factor for the gold price at the beginning of 2014,” they said.
Sony Corp. said...sales of its PlayStation 4 topped 2.1 million units in less than a month. ... Sony sold more than one million units on the first day of PS4′s launch in North America [and] 700,000 units in Europe and Australasia since the PS4′s launch there on Nov. 29.
The PS4 appears to have pulled ahead of Microsoft’s more-expensive Xbox One.
The Fed is facing a decision on whether to begin to scale back its $85 billion-a-month asset plan. Economists think the recent strong run of economic data, including Friday’s job report, makes it a very close call on whether the Fed starts to taper.
The collective tone of the outlook of the three Fed speakers could provide clues about whether the central bankers think the improvement in the November job report is sustainable, a key factor in the Fed’s deliberations over tightening , said Joseph Lavorgna, chief U.S. economist at Deutsche Bank.
Google and Microsoft are among eight technology giants that have started a campaign to limit government online surveillance.
The other companies are Apple , Yahoo , Facebook , Twitter , AOL and LinkedIn .
Gold futures on Friday extended the prior session’s losses as investors took a cautious approach ahead of a U.S. jobs report that may make for a volatile session.
Don't be long too long.
December and January are statistically good for the stocks.
After that be prepare for a bumpy road
Following the WSJ's report about a China Mobile deal, Apple is up 27% from its mid-September low, and (after falling hard to start the year) up 7% YTD.
Good news for ALU:
Report: Huawei CEO says company has exited U.S. network gear market
China Mobile Ltd. won state approval to start commercial service on the world’s largest fourth-generation wireless network, clearing a key hurdle to offering Apple’s iPhone to its 759 million subscribers.
The world’s biggest phone company and two smaller domestic carriers received 4G licenses yesterday from China’s Ministry of Industry and Information Technology. China Mobile will deploy TD-LTE technology to promote faster downloads as it tries to push customers toward higher-priced voice and data plans.
Starting services on a 4G network using global standards may help China Mobile win over handset makers, including Apple, that hadn’t supported its homegrown 3G standard.
The high-speed network was scheduled to reach 100 cities covering 500 million people this year, potentially weighing on the company’s earnings for years as it tries to lure users with enticements such as subsidies for new devices.
Visa (V), AIG (AIG), and Freeport-McMoRan Copper & Gold (FCX) have attracted the interest of seven billionaires ( including Warren Buffett), possibly an indication of their desirability
Great news for ALU:
Huawei founder and CEO Ren Zhengfei said the company had decided to exit the U.S. network equipment market, according to media reports, because of continuing disputes between the U.S. and China and lingering concerns, which the company has called unfounded, that Huawei itself poses a security threat to the United States.