Stock message boards
MNV
Market News Video
MNV MNV 10 Stocks Crossing Above Their 200 Day Moving Average
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
QuoteVF is about finding the next value/growth sector/investment
before all the major houses on the Street.
more testimonials »

Sector Wrap: Basic Materials, Gold, Airlines
Thursday, October 8, 4:24 PM ET

Optimism over the economic recovery continues to push the markets higher this week as the Dow has climbed more than three and a half percent so far and the S&P 500 and Nasdaq are both showing gains in excess of four percent.

News out of Australia early Monday morning was reporting the Australian Central Bank had raised interest rates, further enforcing the belief of many investors that the global economy was indeed recovering. On the news, the US Dollar fell against most other currencies leading to the strong move in gold this week. Gold crossed the $1060 per ounce mark earlier this afternoon and it is currently trading at $1055 per ounce.

Investors have been flocking to the Market Vectors Gold Miners ETF (AMEX:GDX) this week, sending shares higher by one and a half percent today and almost fifteen percent this week.

After the bell on Wednesday, Alcoa (NYSE:AA) announced third quarter earnings of $77 million dollars or eight cents per share. Wall Street estimates called for a loss of ten cents in the quarter, which the aluminum manufacturer easily beat. The Dow component said key markets are stabilizing and shipments are rising as inventories are at historic lows still. Further helping the basic materials sector was Mosaic (NYSE:MOS) who reported earnings of twenty three cents per share on Monday night. While earnings fell short of Wall Street estimates, investors were encouraged by management's outlook for 2010.

In afternoon trading, the iShares Basic Materials ETF (AMEX:IYM) was showing gains of almost two and a half percent on the day and more than eight percent on the week.

And the airline sector saw mixed news this week. JetBlue (NASDAQ:JBLU), Republic Airways (NASDAQ:RJET) and Hawaiian Airlines (NASDAQ:HA) all saw an uptick in passenger traffic in September. All three increases lend to the theory that business and leisure travel are on the upswing with the recovering economy. However, bad news for investors came from Airtran Holdings (AAI) as the company announced an offering of nine million common shares and $75 million of convertible senior notes. The expected dilution had investors hitting the sell button as shares tumbled more than seventeen percent on Wednesday.

On the week though, the good news outweighed the bad as the Claymore Airline ETF (FAA) is showing gains of almost three percent on the day and four and half percent for the week.

For MarketNewsVideo.com, I'm Nichole Dossous.

Sector Wrap:  Basic Materials, Gold, Airlines picture
Monday 7/28 Insider Buying Report: QDEL, HAFCMonday 7/28 Insider Buying Report: QDEL, HAFC
Related symbols: QDEL,HAFC
Monday 7/28 Insider Buying Report: NHF, PCIMonday 7/28 Insider Buying Report: NHF, PCI
Related symbols: NHF,PCI
Friday 7/25 Insider Buying Report: SNAFriday 7/25 Insider Buying Report: SNA
Related symbols: SNA
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: CMI, FDOS&P 500 Movers: CMI, FDO
Related symbols: CMI,FDO
Nasdaq 100 Movers: MNST, DLTRNasdaq 100 Movers: MNST, DLTR
Related symbols: MNST,DLTR
Dow Movers: GE, DDDow Movers: GE, DD
Related symbols: GE,DD
S&P 500 Analyst Moves: HONS&P 500 Analyst Moves: HON
Related symbols: HON
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
S&P 500 Analyst Moves: NWLS&P 500 Analyst Moves: NWL
Related symbols: NWL
S&P 500 Analyst Moves: SPGS&P 500 Analyst Moves: SPG
Related symbols: SPG
Monday Sector Leaders: Electric Utilities, Department StoresMonday Sector Leaders: Electric Utilities, Department Stores
Related symbols: KEP,CPN,FDO,DLTR
Monday Sector Laggards: Metals Fabrication & Products, DrugsMonday Sector Laggards: Metals Fabrication & Products, Drugs
Related symbols: AWI,SSD,ACRX,HZNP
Friday Sector Leaders: Precious Metals, Transportation ServicesFriday Sector Leaders: Precious Metals, Transportation Services
Related symbols: PPP,GFI,ECHO,TAL
Monday's ETF with Unusual Volume: IYJMonday's ETF with Unusual Volume: IYJ
Related symbols: IYJ,GE,XRX,LECO,SSD
Monday's ETF Movers: IDU, XHBMonday's ETF Movers: IDU, XHB
Related symbols: CPN,DYN,AWI,SSD,XHB,IDU
SH, TMF: Big ETF OutflowsSH, TMF: Big ETF Outflows
Related symbols: SH,TMF,TLT
Daily Dividend Report: K, WWE, AMGN, ETR, AVY, RBCDaily Dividend Report: K, WWE, AMGN, ETR, AVY, RBC
Related symbols: K,WWE,AMGN,ETR,AVY,RBC
Daily Dividend Report: DAL, CP, CMCSA, HON, NEE, TWC, SCHW, AA, NE, MAC, TAPDaily Dividend Report: DAL, CP, CMCSA, HON, NEE, TWC, SCHW, AA, NE, MAC, TAP
Related symbols: DAL,CP,CMCSA,HON,NEE,TWC,SCHW,AA,NE,MAC,TAP
Daily Dividend Report:  INTC, MRK, V, BLK, AALDaily Dividend Report: INTC, MRK, V, BLK, AAL
Related symbols: INTC,MRK,V,BLK,AAL
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: July 25, 2014Weekly Market Wrap: July 25, 2014
Related symbols: FB,SIRI,AAPL,F,INTC,BAX,ALL,CCE,JNJ,HAL
Weekly Market Wrap: July 18, 2014Weekly Market Wrap: July 18, 2014
Related symbols: AMD,BAC,ZNGA,GE,SLB,GLW,CAG,GS
Weekly Market Wrap: July 11, 2014Weekly Market Wrap: July 11, 2014
Related symbols: AAPL,BAC,FB,GE,MTG,OXY,TMO,CVS,COP,PSX,CSX
Week Ahead Market Report: July 28, 2014Week Ahead Market Report: July 28, 2014
Related symbols: RAD,SIRI,FB,AAPL,AET,AXP,CG,DDR,DDD,CI,COP,WY
Week Ahead Market Report: July 21, 2014Week Ahead Market Report: July 21, 2014
Related symbols: GE,PLUG,FB,BAC,CMCSA,CA,ETFC,DAL,AMZN,BIDU,AON
Week Ahead Market Report: July 14, 2014Week Ahead Market Report: July 14, 2014
Related symbols: AMD,BAC,AAPL,C,GS,BAC,AMD,GE
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 Message Boards Stock Market Definitions
MNV

Sector Wrap: Basic Materials, Gold, Airlines | 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.