Maurice Jackson of Proven and Probable speaks with Andy Schectman, president of Miles Franklin Precious Metals Investments, about the present situation with physical precious metals.Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Andy...Read More
With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years, according to McAlinden Research Partners. SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Temporary mine closures to slow the spread of the virus at production facilities have triggered an unexpected supply squeeze, sending the pr...Read More
Gary Savage SPX rally heading for 3,000 area, a pullback and then a run for 3,200 area..Gary Savage https://blog.smartmoneytrackerpremium.com/Read More
Ira EpsteinSettlement times come in at 1:30pm EST. Down day in energy, Oil ETF changes rules again, liquidating all front month-June contracts! Gold markets in a consolidation phase, Gold has a bear pattern but..Read More
Maurice Jackson of Proven and Probable speaks with Andy Schectman, president of Miles Franklin Precious Metals Investments, about the present situation with physical precious metals.Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Andy...Read More
With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years, according to McAlinden Research Partners. SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Temporary mine closures to slow the spread of the virus at production facilities have triggered an unexpected supply squeeze, sending the pr...Read More
Maurice Jackson of Proven and Probable speaks with Andy Schectman, president of Miles Franklin Precious Metals Investments, about the present situation with physical precious metals.Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Andy...Read More
With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years, according to McAlinden Research Partners. SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Temporary mine closures to slow the spread of the virus at production facilities have triggered an unexpected supply squeeze, sending the pr...Read More
With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years, according to McAlinden Research Partners. SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Temporary mine closures to slow the spread of the virus at production facilities have triggered an unexpected supply squeeze, sending the pr...Read More
Maurice Jackson of Proven and Probable speaks with Andy Schectman, president of Miles Franklin Precious Metals Investments, about the present situation with physical precious metals.Maurice Jackson: Today, we're going to discuss precious metals premiums, the COMEX and the big picture. Joining us for a conversation is Andy Schectman, the president of Miles Franklin Precious Metals Investments. Andy...Read More
With the supply/demand balance moving in favor of miners, the outlook for uranium stocks is the brightest it has been in years, according to McAlinden Research Partners. SUMMARY: Uranium has been enjoying a stealth bull market due to the coronavirus outbreak. Temporary mine closures to slow the spread of the virus at production facilities have triggered an unexpected supply squeeze, sending the pr...Read More
Strengths? The best performing metal this week was gold, up 2.78 percent. ETFs added 36,334 troy ounces of gold to their holdings on Thursday, bringing this year's net purchases to 12.2 million ounces, according to Bloomberg data. That marks the 24th straight day of increases for ETFs backed by the yellow metal. Newmont, the world's largest gold company, increased its quarterly d...Read More
No one anticipated negative crude oil even in the wildest of the dreams. A whooping negative -$40.32 was historic. The coming generations will have a chapter in their MBA course as to why crude oil prices reached -$40.32. The trading lesson is simple, when price move as per fundamentals, never trade against it. Silver has not risen as it is an industrial metal. Investment demand for silver lags...Read More
June-dated crude dropped to its second-lowest settlement on recordThe Dow extended its midday rally to finish the day up over 350 points, as states start planning to ease coronavirus lockdowns and investors look towards the reopening of the economy. The Nasdaq andS&P 500 also enjoyed a notable lift, both closing in the black. However, gains were capped for all three indexes as June-dated crude suf...Read More
Both NVDA and INTC sport attractively priced optionsThe20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days, with data courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. Stocks highlighted in yellow are new to the list. Two names that stick out are Nvidia Corporation (NASDAQ:NVDA) and Intel Corporation (NASDAQ:INTC). Bel...Read More
Twitter is expected to post earnings this Thursday, April 30Twitter Inc (NYSE:TWTR) is getting a boost ahead of its first-quarter earnings report, due out before the open on Thursday, April 30, on an upgrade from Mizuho. The analyst lifted its rating on the social media giant to "neutral" from "underperform," adding that the impact of COVID-19 is already reflected in Twitter's stock price. At last...Read More
The pot producer is expected to post its first-quarter earnings report next Friday, May 8The shares of Cronos Group Inc (NASDAQ:CRON) are climbing higher today, up 6.4% at $6.60 at last check, set for their first close north of the 80-day moving average since mid-February. The marijuana producer just announced plans to release its first-quarter earnings report next Friday, May 8, and options playe...Read More
Oil prices are continuing their volatile trendThe Dow Jones Industrial Average (DJI) is kicking off the week with triple-digit gains, last seen up over 300 points, as investors unpack New York governor Andrew Cuomo's,daily press conference on the coronavirus outbreak. The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) are also confidently in the black, as optimism over the reopening U.S. econ...Read More
Morgan Stanley downgraded the blue chip to "underweight" from "equal weight"Shares of Caterpillar Inc. (NYSE:CAT) are down 2.5% to trade at $111.11, after a downgrade from Morgan Stanley to "underweight" from "equal weight," and a price-target cut to $93 from $107. The analyst predicted increasing pressure from a multi-year downturn in U.S. non-residential construction, as well as historically wea...Read More
Deutsche Bank's preliminary first-quarter numbers exceeded analysts' expectations The shares of financial name Deutsche Bank AG (NYSE:DB) are surging this morning, up 10.8% at $6.59, after the company announced on Sunday its preliminary first-quarter report. The German-based bank said it expected a quarterly net income of 66 million euros, or $71.42 million, on revenue of 6.4 billion euros, or $6....Read More