Yellen defends stimulus program
Janet Yellen, Obama's pick for the next Fed chief, strongly defended the central bank's policy of buying bonds before the Senate confirmation hearing. Fred Katayama reports.
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Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The Wall Street Journal•Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street
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Business Insider•Nvidia Sinks, Exposing 8 'Secrets' For When To Sell Stocks
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Investor's Business Daily•Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat
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Business Insider•Here is What to Know Beyond Why Pfizer Inc. (PFE) is a Trending Stock
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Zacks•Why Super Micro Computer Stock Just Crashed 17%
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Investor's Business Daily•Super Micro and Nvidia Slump as AI Winners Lead Tech Selloff
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Bloomberg•Nvidia Falls Below Key Level Of Support; Is Nvidia A Buy Now?
If you are still holding to Nvidia stock, here is a key sell signal to watch for: Shares dipped below the 50-day moving average Friday. Nvidia's chart shows that its relative strength line, which compares the company's stock performance to the S&P 500, is flattening. Chief Executive Jensen Huang recently addressed students at his alma mater of Oregon State University and stated that "artificial intelligence is the technology industry's single greatest contribution to social elevation."
Investor's Business Daily•Stock market today: Tech stocks smoked, Nvidia tumbles 10% to cap worst week of the year
A measure of calm was returning after Israel's retaliatory strike on Iran spooked the market and spurred a rush to safe havens such as gold.
Yahoo Finance•