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Stock investors are looking for signs of whether the economic recovery will be swift and smooth, as stock charts seem to suggest, or will take a bumpy, painful detour.
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Market Snapshot: U.S. stocks next week gird for Fed, housing
Gold bugs around the world have been rejoicing this week as the price of gold has climbed above $1,000 per ounce. On the same note, forex investors with money in the Australian dollar have been rejoicing for the same reason. You see, the Australian dollar has a cozy relationship with gold
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FXA soaring on gold prices
Filed under: Other issues , Market matters High yield is a nice way of saying “junk” when talking about bonds.
Filed under: Analyst reports , Analyst upgrades and downgrades , Daimler (DAI) , Charles Schwab Corp (SCHW) , Procter and Gamble (PG) , Analyst initiations , Genzyme (GENZ) Analyst upgrades: Citigroup upgraded Procter & Gamble (NYSE: PG ) to Buy from Hold after meeting with management as it believes a more aggressive strategy will lead to the company regaining market share. Citi raised its target on shares to $66 from $54.
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Analyst upgrades, downgrades and initiations
Filed under: Options Clearwire (NASDAQ: CLWR ) a provider of 4G service called Clear, closed at $9.09. CLWR over all option implied volatility of 76 is below a level of 216 on December 15, 2008 and above a level of 51 on September 26, 2008 according to IVolatility.
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Options Update: Clearwire volatility at 76; shares near nine-month high
