Chipotle is upgraded to 'buy,' and Alcoa is downgraded to 'neutral.'
The first half of 2013 packed a memorable rally. After a rough couple of months, we could see another rise, but that will depend on several things going right.
The Dow is up 114 as traders buy on hopes interest rates won't rise quickly. Gold is off for a 4th straight day and may have more to drop.
They each take a radically different approach to the yellow metal but offer a unique opportunity to profit.
Worries about China and rising interest rates batter investors for much of the day, with the Dow falling as many as 248 points. Then the bargain hunters played their hands.
Probably until August if history is a guide. The market is down 5% from its May peaks, and history says more declines are ahead. History also says there will be a bottom.
A benign global inflationary environment, a threat of Fed tapering, and a strong dollar have taken a toll on market sentiment.
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