“If you’re a retail investor with a keen interest in tainted laminated flooring from China, today should be plenty interesting (more on that below). If not, Monday will probably start off slowly,” Shawn Langlois reports for MarketWatch. “Just like it ended on Friday. Investors could use this bit of quiet to reflect on what was a sneaky February rally.”
“Don’t let last week’s equity lull and the slow start this morning fool you,” Langlois reports. “A barrage of economic numbers will soon start flying at us from all sides, beginning with some manufacturing numbers today, followed by car sales tomorrow, and then a steady flow on up to the jobs number on Friday.”
“Gold prices don’t appear to be too concerned that stocks are moving higher in the early hours,” Langlois reports. “Why would they be? Apple, at least according to our call of the day, could be about to goose prices by buying up unfathomable amounts.”
Full article here.
Demand for Apple Watch could use up a third of the world’s annual gold production – February 25, 2015