November 28, 2012 at 09:00 AM EST
WOOD Flirts With Major Resistance Level
Optimism on Wall Street appears to be slowly fading away as major equity indexes haven’t been able to keep up with last week’s bullish momentum. Since the broad-based rally last Friday, price action has been lackluster on the equity front as resurfacing “fiscal cliff” woes have once again opened up the doors for profit-taking. Economic data releases remain mixed, with October durable goods orders data coming in flat while consumer confidence is showing signs of minimal improvement. Amid the looming uncertainties, precious metals have offered little to no refuge , prompting savvy traders to look to other corners of the commodity market for opportunities [for more economic news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Timber Catches Fire In Sandy’s Wake The Largest Private Landowners in the U.S. Schiff: The Fed Wants To Inflate Housing Timber Set to Soar Says Jeremy Grantham Which Commodity ETFs Could Outpace QE3?
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here