Stock message boards
MNV
Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
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
QuoteAt VF I have met some of the greatest givers from all walks
of life and from all parts of the world.
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 4/27 Insider Buying Report: HASMonday 4/27 Insider Buying Report: HAS
Related symbols: HAS
Wednesday 4/22 Insider Buying Report: GE, IMDZWednesday 4/22 Insider Buying Report: GE, IMDZ
Related symbols: GE,IMDZ
Tuesday 4/21 Insider Buying Report: BXMT, WGTuesday 4/21 Insider Buying Report: BXMT, WG
Related symbols: BXMT,WG
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
Nasdaq 100 Movers: AVGO, SNDKNasdaq 100 Movers: AVGO, SNDK
Related symbols: AVGO,SNDK
S&P 500 Movers: JEC, IRMS&P 500 Movers: JEC, IRM
Related symbols: JEC,IRM
Dow Movers: AAPL, MRKDow Movers: AAPL, MRK
Related symbols: AAPL,MRK
S&P 500 Analyst Moves: AALS&P 500 Analyst Moves: AAL
Related symbols: AAL
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: JNJDow Analyst Moves: JNJ
Related symbols: JNJ
S&P 500 Analyst Moves: ECLS&P 500 Analyst Moves: ECL
Related symbols: ECL
Monday Sector Laggards: Biotechnology, DrugsMonday Sector Laggards: Biotechnology, Drugs
Related symbols: CLDN,CAPR,AKRX,AFMD
Monday Sector Leaders: Precious Metals, Non-Precious Metals & Non-Metallic Mining StocksMonday Sector Leaders: Precious Metals, Non-Precious Metals & Non-Metallic Mining Stocks
Related symbols: CDE,SSRI,ZINC,ZEUS
Friday Sector Laggards: Education & Training Services, SemiconductorsFriday Sector Laggards: Education & Training Services, Semiconductors
Related symbols: DV,UTI,SIMO,MXIM
Monday's ETF with Unusual Volume: VFHMonday's ETF with Unusual Volume: VFH
Related symbols: VFH,BAC,WFC,RCAP,EHTH
Monday's ETF Movers: GDXJ, XBIMonday's ETF Movers: GDXJ, XBI
Related symbols: CDE,SSRI,RGLS,IMGN,XBI,GDXJ
XLF, GDJS: Big ETF OutflowsXLF, GDJS: Big ETF Outflows
Related symbols: XLF,GDJS,BRK.B,WFC
Daily Dividend Report: PDS, HON, DAL, MAC, HOG, RKT, PREDaily Dividend Report: PDS, HON, DAL, MAC, HOG, RKT, PRE
Related symbols: PDS,HON,DAL,MAC,HOG,RKT,PRE
Daily Dividend Report: SPG, PFG, RF, AVY, PFE, VDaily Dividend Report: SPG, PFG, RF, AVY, PFE, V
Related symbols: SPG,PFG,RF,AVY,PFE,V
Daily Dividend Report: JNJ, AMP, COL, NDAQ, TWX, LMT, PH, SCHWDaily Dividend Report: JNJ, AMP, COL, NDAQ, TWX, LMT, PH, SCHW
Related symbols: JNJ,AMP,COL,NDAQ,TWX,LMT,PH,SCHW
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 24, 2015Weekly Market Wrap: April 24, 2015
Related symbols: MSFT,VALE,CMCSA,AAPL
Weekly Market Wrap: April 10, 2015Weekly Market Wrap: April 10, 2015
Related symbols: BAC,GE,RAD,F,ZNGA
Weekly Market Wrap: April 2, 2015Weekly Market Wrap: April 2, 2015
Related symbols: BAC,MU,MSFT
Week Ahead Market Report: April 13, 2015Week Ahead Market Report: April 13, 2015
Related symbols: GE,AAPL,BAC,JPM,NOK
Week Ahead Market Report: April 6, 2015Week Ahead Market Report: April 6, 2015
Related symbols: AAPL,BAC,RAD,AMAT
Week Ahead Market Report: March 30, 2015Week Ahead Market Report: March 30, 2015
Related symbols: AAPL,BAC,INTC,AYI,CONN,MU
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  ETFs  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 - 2015, 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.