Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, talks about China trying to control Hong Kong, and the impact of the coronavirus pandemic on global markets.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the...Read More
Another election approaches and yet again there is no acknowledgement of the real problems our country faces or any interest in discussing what to do about them. America and the Western World in Continue...Read More
The booms and busts of silver have truly been exceptional, putting the testicular fortitude of even strongest silver bugs to the test.Continue...Read More
MacroVoices Erik Townsend and Patrick Ceresna welcome Daniel Lacalle to the show to discuss the secular transition from deflation to inflation, hard assets generally, precious metals, the stock market outlook, and much more.Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a prof...Read More
Bob Moriarty of 321gold discusses a company with 33 projects in the Yukon. Recently billionaire Eric Sprott added a multi-million dollar vote of confidence to that of Agnico Eagle and Kinross in the Yukon based amalgamation of all the projects of Shawn Ryan named White Gold Corp. (WGO:TSX.V; WHGOF:OTCMKTS). That now makes an even three entities that actually understand the magnitude of what White...Read More
The move of a lifetime isjust beginning!The senior mining companieshave led this rally for the past year. In the metals sector you get leadershiprotation from bullion, silver, senior miners, and junior miners. Silver and thejunior miners have yet to break out of their 2016 highs, but it's coming. Webelieve the junior miners will be next and break through the elusive $52 level. Once this price is b...Read More
The move of a lifetime isjust beginning!The senior mining companieshave led this rally for the past year. In the metals sector you get leadershiprotation from bullion, silver, senior miners, and junior miners. Silver and thejunior miners have yet to break out of their 2016 highs, but it's coming. Webelieve the junior miners will be next and break through the elusive $52 level. Once this price is b...Read More
The move of a lifetime isjust beginning!The senior mining companieshave led this rally for the past year. In the metals sector you get leadershiprotation from bullion, silver, senior miners, and junior miners. Silver and thejunior miners have yet to break out of their 2016 highs, but it's coming. Webelieve the junior miners will be next and break through the elusive $52 level. Once this price is b...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort295,39443,60639,245133,715423,889468,354506,740Change from Prior Reporting Period 17,6238,6634,0877,69219,33329,40232,083Traders22060846060318172 Small Speculators (C) GoldSeek.com LongShortOpen Interest 59,85121,465528,205 2,064-61731,466 non reportable positionsChange from t...Read More
By: Ira EpsteinAbbreviated trading sessions coming up with the holiday coming up. Traders will even up. When you take a look at gold, consolidating into a pattern of..Read More
The S&P 500 and Nasdaq both finished the day with modest gains Recently renewed tensions between the U.S. and China kept the Dow at bay for most of today's trading session, and the blue chip index finally settled with a shallow loss, off less than nine points on Friday. Meanwhile, the S&P 500 and Nasdaq were able to climb modestly higher, as optimism over a potential coronavirus vaccine helped kee...Read More
52,000 calls have crossed the tape so farThe shares of FireEye Inc (NASDAQ:FEYE) are up 3.2% at $11.84 at last check. Steadily rising on the charts since a record low of $7.54 on March 17, the software company has gained support at the 30-day moving average as it struggles to topple the $12 region. In the last monthly period, FEYE sports an 11.4% gain. Options players are betting on further upsid...Read More
Aurora Cannabis did receive a price-target hike from Jefferies, thoughThe shares of Aurora Cannabis Inc (NYSE:ACB) are down 4.4% to trade at $16.44 today, after Jefferies downgraded the equity to "underperform," and raised its price target to $10 from $8.40. The analyst in coverage isn't buying the stock's recent post-earnings surge, noting "the CBD space is experiencing significant headwinds cu...Read More
Moderna's vaccine captured the attention of Wall StreetThe coronavirus pandemic is still very much a dire issue in the U.S., but economies are starting to reopen and that seems to be enough for Wall Street. The Dow Jones Industrial Average (DJI), the S&P 500 Index (SPX) and the Nasdaq Composite (IXIC) are all cruising toward sizable weekly wins, as investors unpack a host of volatile headlines fo...Read More
The weekly 5/22 27-strike put is running the show todayThe shares of Foot Locker Inc (NYSE:FL) are near the bottom of the New York Stock Exchange (NYSE) today, last seen down 12.8% at $25.30. The sneaker retailer reported a first-quarter loss that exceeded Wall Street estimates, while revenue also missed its mark. The culprit, of course, is the store closures wrought from the COVID-19 pandemic. I...Read More
The Dow is down over 100 points middayThough all three indexes remain in the black for the week, the Dow Jones Industrial Average (DJI) is down over 100 points midday, as U.S.-China tensions mount, outweighing the positive sentiment from Director of the National Institute of Allergy and Infectious Diseases, Dr. Anthony Fauci, that a coronavirus vaccine could be available in the U.S. by December....Read More
Decker's earnings and revenue beat out analysts' estimates The shares of Deckers Outdoor Corp (NYSE:DECK) are up 10.7% at $186 at last check, following a positive fiscal fourth-quarter report. The UGG parent reported profits of 57 cents per share, much higher than the anticipated 9 cents per share estimated by analysts, as well as higher-than-expected revenue. Following this, no fewer than eight a...Read More
Palo Alto's third quarter earnings and revenue beat Wall Street's estimatesPalo Alto Networks Inc (NYSE:PANW) chimed in with earnings after last night's close, and things are looking even better for a company that's already up 40% for the quarter. The cybersecurity platformposted fiscal third-quarter earnings of $1.17 on $869.40 billion in revenue, both of which decimated Wall Street's estimati...Read More
The tractor manufacturer's fiscal second-quarter earnings and revenue topped analysts' expectationsThe shares of tractor name Deere & Company (NYSE:DE) are eyeing their third consecutive win today, up 3.1% at $147.20 in pre-market trading after the firm's fiscal second-quarter earnings and revenue beat analysts' estimates, even on a 41% drop in quarterly profits. The company blamed a sharp decline...Read More
Dr. Fauci called Moderna's possible coronavirus vaccine "promising" Dow Jones Industrial Average (DJI) futures are hovering just above fair market value this morning, as Wall Street looks to wrap up a winning week and head into Memorial Day weekend on a high note. Gains are capped as tensions between the U.S. and China increased overnight, after China released a draft legislation regarding new se...Read More