Stock message boards
MNV
Market News Video
MNV MNV Model Portfolios ChartZero
MNV
MNV
MNV
MNV
MNV
MNV
MNV


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MNV Backgroundemail friendsEmail Friendsembed / linkEmbed VideorssRSS Feed standaloneLaunch Standalone Player
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteThe collective wisdom of the membership
is astounding.
more testimonials »

Sector Wrap: Gold, Financial, Technology
Thursday, September 3, 5:09 PM ET

The general markets are trading lower this week after the sharp sell-off on Tuesday morning. Rumors of more bank failures and a major hedge fund collapsing had investors fleeing stocks and looking for safety in Treasuries. The yield on the thirty year notes fell as low as 4.1% on Wednesday, but have since rebounded as investors are cautiously wading back into the equity markets.

Leading the news this week are financials, gold and technology companies. Gold bugs have been clamoring for the yellow metal to push above $1000/ounce and this could be the week they get there. With the dollar weakening and investors looking for a safe haven, investors saw the the December contract reaching $998/ounce on Thursday as the thousand dollar goal seems to be a few trades away.

As gold has climbed higher this week, gold mining stocks have followed. The Market Vectors Gold Miner ETF (AMEX:GDX) is trading higher by over eleven percent this week, and has tacked on almost six percent so far today.

On the technology front, investors saw Ebay (NASDAQ:EBAY) sell a stake in Skype to a group of investors led by private-equity firm Silver Lake Partners. Ebay will receive about $2 billion in exchange for 65% of the company. Also in the news was Apple's (NASDAQ:AAPL) mysterious invitation to select members of the media. Apple is hosting a media event next week and it's expected to release the latest updates to the iPod for the holiday shopping season.

The S&P Technology ETF (AMEX:XLK) is trading close to even this afternoon, but has taken a hit with the general markets this week.

And more good news for the US Treasury. Bank of America (NYSE:BAC) hopes to join the ranks of JP Morgan (NYSE:JPM), Morgan Stanley (NYSE:MS) and Goldman Sachs (NYSE:GS) in paying back TARP funds. According to the Wall Street Journal, the bank hopes to pay back $20 billion of the $45 billion borrowed. Also making the news was the troubled business lender CIT. The CIT Group (NYSE:CIT) announced it will defer interest payments on some outstanding junior notes that was supposed to be paid on September 15th. The deferred interest will continue to accrue and compound, but its troubling news to say the least.

The Financial Select Sector ETF (AMEX:XLF) is trading up about one percent on Thursday afternoon, but has fallen more than five percent so far this week.

For MarketNewsVideo.com, I'm Nichole Dossous.

Sector Wrap:  Gold, Financial, Technology picture
Portfolio Channel
Free Dividend Report - Top Ranked Stocks
Thursday 4/24 Insider Buying Report: CMG, FRBKThursday 4/24 Insider Buying Report: CMG, FRBK
Related symbols: CMG,FRBK
Wednesday 4/23 Insider Buying Report: ADX, MCIWednesday 4/23 Insider Buying Report: ADX, MCI
Related symbols: ADX,MCI
Tuesday 4/22 Insider Buying Report: NHF, ARCPTuesday 4/22 Insider Buying Report: NHF, ARCP
Related symbols: NHF,ARCP
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
S&P 500 Movers: XLNX, ZMHS&P 500 Movers: XLNX, ZMH
Related symbols: XLNX,ZMH
Dow Movers: PFE, CATDow Movers: PFE, CAT
Related symbols: PFE,CAT
Nasdaq 100 Movers: ISRG, GILDNasdaq 100 Movers: ISRG, GILD
Related symbols: ISRG,GILD
S&P 500 Analyst Moves: GOOGS&P 500 Analyst Moves: GOOG
Related symbols: GOOG
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: TDow Analyst Moves: T
Related symbols: T
S&P 500 Analyst Moves: DHRS&P 500 Analyst Moves: DHR
Related symbols: DHR
Thursday Sector Laggards: Defense, Information Technology ServicesThursday Sector Laggards: Defense, Information Technology Services
Related symbols: ARTX,ASTC,SILC,PFPT
Wednesday Sector Leaders: Rental, Leasing, & Royalty, Precious MetalsWednesday Sector Leaders: Rental, Leasing, & Royalty, Precious Metals
Related symbols: HGT,MTR,ANV,MVG
Wednesday Sector Laggards: General Contractors & Builders, Sporting Goods & ActivitiesWednesday Sector Laggards: General Contractors & Builders, Sporting Goods & Activities
Related symbols: MTH,HXM,MANU,WBAI
Thursday's ETF Movers: ITB, KREThursday's ETF Movers: ITB, KRE
Related symbols: DHI,MHO,TBBK,TCBI,KRE,ITB
IWM, CHII: Big ETF OutflowsIWM, CHII: Big ETF Outflows
Related symbols: IWM,CHII,ARCP,AYI,HOLI
Wednesday's ETF with Unusual Volume: FEMSWednesday's ETF with Unusual Volume: FEMS
Related symbols: FEMS,JASO,DANG,IMOS,XIN
Daily Dividend Report: AAPL, JNJ, PFE, C, VDaily Dividend Report: AAPL, JNJ, PFE, C, V
Related symbols: AAPL,JNJ,PFE,C,V
Daily Dividend Report: CNI, MWE, SXL, CMA, DDDaily Dividend Report: CNI, MWE, SXL, CMA, DD
Related symbols: CNI,MWE,SXL,CMA,DD
Daily Dividend Report: MET, SPG, SO, NBL, SYKDaily Dividend Report: MET, SPG, SO, NBL, SYK
Related symbols: MET,SPG,SO,NBL,SYK
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: April 17, 2014Weekly Market Wrap: April 17, 2014
Related symbols: SHW,MS,GS,CSX
Weekly Market Wrap: April 11, 2014Weekly Market Wrap: April 11, 2014
Related symbols: WY,F,LEN
Weekly Market Wrap: April 4, 2014Weekly Market Wrap: April 4, 2014
Related symbols: TJX,PNC,IR,LINE,LNCO
Week Ahead Market Report: April 21, 2014Week Ahead Market Report: April 21, 2014
Related symbols: AMD,FB,ZNGA,AOS,AMGN,T,CMCSA,EAT,IR,BA,AMZN,F,AAN
Week Ahead Market Report: April 14, 2014Week Ahead Market Report: April 14, 2014
Related symbols: SCHW,KO,BAC,GS
Week Ahead Market Report: April 7, 2014Week Ahead Market Report: April 7, 2014
Related symbols: AA,BBBY,STZ,RAD,FAST
All videos » |  Stock market definitions »
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use & Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  Econonomic News  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Stock Market Definitions
MNV

Sector Wrap: Gold, Financial, Technology | Market News Video | Copyright © 2008 - 2014, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.