Goldy:Scotttrade. I mostly trade things I know which are metals and mining companies. Who do you use?
clearlysuspect:I pay 14.99 per month for unlimited transactions.
Hays: clearlysuspect:I pay 14.99 per month for unlimited transactions. Whoa... that's awesome. What's the qualification for an account with them?
Crusader1545:I dabble in stock made a ton on spng a while back I use etrade check out owvi and cbai I have high hopes for them also if you are just getting into stocks go to investorshub ( google it it has a weird adress) I flip penny stocks if you wanna know more Lennie know
Theedge:To be fair....it wasn't hard to pick stocks that went up last year. I had a mutual fund go up 77%. I use Vanguard and had a brokerage account for a while. Between my gains and losses I wasn't doing any better than my mutuals.
lilwing88: Crusader1545:I dabble in stock made a ton on spng a while back I use etrade check out owvi and cbai I have high hopes for them also if you are just getting into stocks go to investorshub ( google it it has a weird adress) I flip penny stocks if you wanna know more Lennie know I've been wanting to buy a few penny stocks....... Anything look good lately?
Crusader1545:I normally find them on the site I posted above. in the top 10 forums I also go with what the public is trending toward. I found CBAI from an article on forbes.com about obamas health care plan funneling money to companies in cord blood comapnies in hopes that it would be viable in the fututre to grow your own kidney or liver instead of relying on donors and such. currently the hospital gives the option at birth but you have to pay it out of pocket....under obama care it will be covered.so HUGE gains if obama care goes through (I dont support obama care) and good gains if it doesent win win in my opinion. and ill pass on this tidbit....A wise man once told me....buy stock in jacket companies in the middle of summer and buy stock in bathingsuit companies in the dead of winter.....then sell them as they come in season.
clearlysuspect: Crusader1545:I normally find them on the site I posted above. in the top 10 forums I also go with what the public is trending toward. I found CBAI from an article on forbes.com about obamas health care plan funneling money to companies in cord blood comapnies in hopes that it would be viable in the fututre to grow your own kidney or liver instead of relying on donors and such. currently the hospital gives the option at birth but you have to pay it out of pocket....under obama care it will be covered.so HUGE gains if obama care goes through (I dont support obama care) and good gains if it doesent win win in my opinion. and ill pass on this tidbit....A wise man once told me....buy stock in jacket companies in the middle of summer and buy stock in bathingsuit companies in the dead of winter.....then sell them as they come in season. My mentor taught me "don't invest in trends or products, invest in management."
NEW YORK--Copper futures continued to plummet Thursday, settling at their lowest point in seven weeks, on mounting concerns about the pace of global economic recovery and demand for the metal. The U.S. reported worse-than-expected data on jobless claims and orders for durable goods, helping to put major U.S. stock indexes on track for their worst monthly performance since February 2009. Also weighing are concerns over the health of government finances in some European countries and worries about Chinese lending practices that could curb demand from a major user of copper, a metal widely used in construction, electronics and automobiles "The (economic) recovery we have is extremely fragile," said Sterling Smith, analyst with Country Hedging. The front-month contract for February delivery fell 12.50 cents, or 3.9%, to settle at $3.0900 per pound on the Comex division of the New York Mercantile Exchange, its lowest settlement since Dec. 10. It was the largest one-day percentage decline in nearly five months and part of an 8.9% slide over the last three sessions. A worker walks inside the copper cathodes plant at Chile's Radomiro Tomic copper mine. Most-active March copper fell 12.45 cents, or 3.86%, to settle at $3.0980 per pound. It fell as far as $3.0915, the contract's lowest point since Dec. 10. In London, three-month copper fell $332 in afternoon kerb trading on the London Metal Exchange to $6,898 per metric ton. It traded as low as $6,821 per ton, the lowest since Dec. 18. Copper has been trading as a risk play in recent months, but with economic uncertainty swirling Thursday, investors preferred the perceived safety of the U.S. dollar, further undercutting copper. Since the metal is priced in dollars, it becomes more expensive for users of other currencies when the greenback gains ground. Analysts are again highlighting that China is well-stocked of metal. Last year a buying spree from China for stockpile purposes was a major contributor to jump-starting the recovery in metal prices. Much of that metal hasn't been consumed and Chinese buying is likely to slow this year as a result, said analyst at Royal Bank of Scotland. Inventories of copper stored in London Metal Exchange warehouses rose 1,575 metric tons Thursday, leaving them at 540,175 tons. The most recent Comex inventory data, released late Wednesday afternoon, were up 412 short tons at 103,160 short tons.
Metals prices gained, recouping some of last week's losses, as investors seized the opportunity to buy at bargain prices and as weakness in the U.S. dollar helped provide support to dollar-denominated commodities. Thinly traded February gold gained $13.50, or 1.3%, to $1,065.70 a troy ounce, on the Comex division of the New York Mercantile Exchange. Most-active April gold rose $13.40, or 1.3%, to settle at $1,066.20. Silver and platinum also gained on bargain hunting. Gold's rebound came as the April contract lost more than $65 over the previous three sessions, hitting its lowest point since October on Friday. Despite the recent break in prices, gold's price still is historically high; the metal hasn't been below $1,000 an ounce since October. "The market's entitled to these breaks," said Stephen Platt, analyst with Archer Financial Services. Gold and platinum necklaces at a jewelry shop in Tokyo last year. Investors went bargain hunting after last week's drop in metals prices, pushing up gold 1.3%, to $1,065.70 a troy ounce. Platinum and silver also gained. Further support came from weakness in the U.S. dollar, making dollar-denominated assets cheaper for purchasers using other currencies. The market also is expecting some possible physical buying ahead of the Chinese Lunar New Year celebrations. MF Global analyst Tom Pawlicki also chalked up the bounce in gold prices to bargain hunting. The stage for gains on Monday could have been set Friday. He said the world's largest physically backed gold exchange-traded fund, SPDR Gold Shares, saw its first inflow Friday since the end of December. Although euro-zone debt concerns continue to fester, potentially bearish for gold and other metals because they have been trading as a risk play with stocks and high-yielding currencies in recent months, there are perceptions in the market that the break in gold's price was too much too fast. Other precious metals benefited from bargain hunting. Silver prices gained with gold. Comex silver for February delivery rose 25.50 cents, or 1.7%, to $15.078 a troy ounce. Industrial users were buying up platinum-group metals after a selloff last week. Nymex February platinum rose $5.90 to settle at $1,477.20 a troy ounce. Copper, meantime, rose as traders bought back previously sold positions. The price of the red metal more than doubled last year, but has seen declines in prices lately on economic worries. "Like many of the other commodities, copper was oversold," said Spencer Patton, founder and chief investment officer with Steel Vine Investments. Nearby February copper gained 5.55 cents, or 1.9% to $2.9095 a pound. In other commodity markets: NATURAL GAS: Prices declined as traders weighed forecasts for cold weather against the approach of spring and ample inventories of the fuel. Natural gas for March delivery on the Nymex settled down 11.4 cents, or 2.1%, at $5.401 a million British thermal units.
