Recent Stories

The price of gold climbed to yet another record high today with the precious metal boosted by its safe-haven status.  Gold hit a two-month high of $1,255.20 dollars an ounce Thursday, another reason to go long on the SPDR Gold Trust (ETF) (NYSE:GLD).

Today’s Long and Short of It includes RF Micro Devices, Inc. (NASDAQ:RFMD) – LONG, Netflix, Inc. (NASDAQ:NFLX) – LONG, and Intel Corporation (NASDAQ:INTC) – SHORT.

Despite yesterday's huge rally, once quality tech stocks like Hewlett-Packard Company (NYSE:HPQ), Research In Motion Limited (NASDAQ:RIMM), and Activision Blizzard, Inc. (NASDAQ:ATVI) are still trading near 52-week lows, so are these stocks bargains or just dangerous?

To continue to stay ahead of rising demand for wireless voice, 3G multimedia and Internet access in New Haven County, Connecticut, Verizon Wireless has expanded its local network.

Research In Motion Limited (NASDAQ:RIMM) shares have lost 1/4 of their value in the past 30 days and to make matters worse its stock hit a new 52-week low today of $42.87.

Paul Allen seems to be choosing to exert his dominance over the digital domain.  He recently filed a lawsuit claiming many big names companies of today are infringing upon patents Allen holds through Interval Research. 

Today’s market news includes The Walt Disney Company (NYSE:DIS)lobbying costs, Advanced Micro Devices, Inc. (NYSE:AMD)takes a beating from analysts after Intel Corporation (NASDAQ:INTC) warns, and Starbucks Corporation (NASDAQ:SBUX) is looking to add some flavor.

Altria Group, Inc. (NYSE:MO) have bounced back 14% since June and the company just upped its quarterly dividend 8.60% to 38 cents/share, the second dividend increase this year.  Looking for a quality stock that provides stability and a dividend -- look to Altria.

If you ask Cort Gwon from FBN Securities he recommends going long Safeway Inc. (NYSE:SWY) and short The Kroger Co. (NYSE:KR) according to this weekend's Barron's article.

Today’s market news includes Comcast deploying in Philly, Alcoa begins upgrades to a dam, and Altria Group boosts its dividend.