Daily Data Flow: S&P’s Biggest Fall of the Year; Rising Fuel Prices; Gold Rises

Daily Data Flow

Concerns about Europe Contribute to S&P’s Biggest Fall This Year (Bloomberg)
Fears of further worsening of the European debt crisis, as well as an increase in American factory orders which fell short of predictions, caused U.S. stocks to fall, sending the S&P 500 down 1.2%, its biggest decline since Nov. 14. “There’s some profit-taking happening,” Matthew Swaim, a fund manager at Chicago-based Advisory Research Inc., said. “People are drawing a corollary to the last couple years where in the spring Europe started taking the limelight again and that caused a drop in our markets.”

Rising Fuel Prices Hurt Consumers (CNBC)
Fuel prices are currently at the highest point on record for early February, and gas prices, and consequent consumer spending, are expected to rise more this year than in 2012. Last year itself had the highest per-household spending on gas in almost 30 years, with the exception of 2008.

Gold up for Second Straight Session (MarketWatch)
Gold futures rose today, as investors were attracted to the precious metal’s qualities as a safe-haven asset as the drop in U.S. equities offset the strength of the dollar. A predicted rise in Chinese demand and Spanish turmoil also contributed to the rise. “We remain positive on bullion but see resistance near the psychological $1,700 an ounce level,” an HSBC metal analysts said.

Exclusive  'Tis The Season To Invest In Gold?

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE

previous article

Last week was extremely busy. Not only did we get a few hundred companies reporting their quarterly results and a smattering of global economic data, but it coincided with the annual Orlando MoneyShow. I was lucky enough to meet a number of PowerTrend Profits and ETF PowerTrader subscriber


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Profits Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • Intelligence Report
  • Bullseye Stock Trader

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Technical Traders Alert
  • Success Trading Group


Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor