There is one question left to answer for 2013: Will gold finish at the lows of the year?
Prices fell as low as $1183 in a spike at 9 am ET, just above the June low of $1180 but they have bounced back to $1188, down $8 on the day. It has been a dreadful year for gold as the first decline in 12 years was a whopping 29.1%. It would only be appropriate to end on the lows.
Gold daily chart
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Govt. consultants miss Q4 revenue by 0.8%, stocks down 10.5%. AMTM down 28.1% on revenue miss.
ASLE misses revenue by 8.8%, down 14.8%. BA surges 57.1% but drops 16.1%. WWD beats estimates, up 14.8%.
WTI jumps 51% on Iran conflict fears, hitting $100/barrel. Gas tops $4, diesel $5.50. Supply disruption looms.
IQVIA & Medpace beat revenue targets but stocks dip. Fortrea misses, down 8.1%. WST up 2.7%. RGEN down 12.6%.
LMT up 3.6% on strong earnings beat; DRS surges 18.6%. AVAV down 17% despite revenue growth.
Mortgage finance stocks dip 9.8% on weak guidance. TFSL up 1.5% on strong earnings, LADR down 12% missing estimates.
MORN soars 10% on EPS beat; SPGI dips 4.8% despite revenue growth. Valuations vary.
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