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I'm Amy Anderson and you are watching OptionRally TV. Take your position with OptionRally Brokers.
Click the link to my right and get more information on binary options with OptionRally.
Here is what is happening today September 12th 2013 in the market,
Gold slips as America plans for Syria Investors unhappy with Apple
And lastly , the US is releasing the Initial Jobless Claims statistics
Your Profits are starting now Gold fell after the U.S. voiced support for
a Russian plan calling on Syria to give up control of its chemical weapons and avoid
military conflict. U.S. President Barack Obama ,Tuesday put a hold on plans to attack Syria
for its alleged use of chemical weapons in its civil war by asking Congress to put off
voting on the matter while the country explores Russia's proposal to end the crisis. President
Obama added his administration would support a Russian plan to take away Syria's chemical
weapons supply that would put U.S. military strikes on hold.
What might bring gold prices back up are purchases by India and China, two of the largest importers
of gold in the world. However, this still might not be enough.
Gold went down from a high of 1391.70 a few days ago to 1359.80 continuing this morning.
For Golden trading today, it is recommended considering a Call option when the price hits
1375.20 and to consider a Put option when the price hits 1356.85
The release of the new iPhone models failed to turn Apple's stock back up. This was mostly
due to Apple's not having mentioned anything about their plans for China as well as the
high prices of the new smartphones. Can Tim Cook get investors excited again,
or will Apple keep disappointing? Apple has closed earlier this week with a
high of 507.05 and plummeted to 467.71 continuing this morning. For Apple trading today, it
is recommended considering a Call option when the price hits 482.15 and to consider a Put
option when the price hits 464.95
Today in the Market, the US is releasing the Initial Jobless Claims statistic. This measures
the number of individuals who filed for unemployment insurance for the first time during the past
week. This is the earliest U.S. economic data, but the market impact varies from week to
week. A higher than expected reading should be taken
as negative for the USD, while a lower than expected reading should be taken as positive
for the USD. The forecast is for it to be three hundred and thirty thousand
Tune in today at 1:30 GMT and get ready to trade the greenback!
I'm Amy Anderson follow me Monday through Friday right here on my Channel and at Optionrally.com.
See you tomorrow