Gold futures have slipped over the psychologically-important $2,000/ounce level, and GLD is zipping higher nicely this morning.

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Gold futures have slipped over the psychologically-important $2,000/ounce level, and GLD is zipping higher nicely this morning.

About fifteen years ago, Adobe was all about selling boxes with thick manuals and CD ROMS. How times have changed: the actual physical stuff they are selling is almost incidental. It’s the recurring revenues that have made their fortune.

Lifetime highs begetting more lifetime highs. And if NVDA pushes higher after Tuesday afternoon’s earnings, I suspect MSFT will just keep sailing higher, in spite of nosebleed valuations.
