InvestorsHub Logo
Followers 55
Posts 6022
Boards Moderated 0
Alias Born 01/10/2004

Re: None

Tuesday, 06/30/2009 10:22:42 AM

Tuesday, June 30, 2009 10:22:42 AM

Post# of 35813
10:21 Gold drops to fresh lows at $924.80 on dollar's strength; now off $14.70 to $926.00

OUCH ... sold my CS.to today to lighten gold exposure.

10:24 Consumer confidence down

The Consumer Confidence report for June from the Conference Board checked in at 49.3% versus 54.8% in the prior month and the consensus estimate of 55.3%. The disappointing read was driven by a drop in both the Present Situation Index (to 24.8% from 29.7%) and the Expectations Index (to 65.5% from 71.5%). The determination by the Conference Board is that the decline in the Present Situation Index continues to imply that economic conditions are still weak, though not as week as earlier this year.

When the market turns in your direction, POUNCE on it.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.