The Nasdaq recently snapped its longest winning streak in 10 yearsIt's been an impressive year-end rally for the U.S. stock market, with all three major market indexes carving out record highs during the Christmas week, and the S&P 500 Index (SPX) logging its fifth straight weekly gain. Additionally, the Nasdaq Composite (IXIC) muscled its way to an 11th consecutive win on Thursday, marking its lo...Read More
All three equities hit fresh highs last week before pulling back todayThe 20 stocks listed in the table below have attracted the highest weekly options volume during the past 10 trading days. Data is courtesy of Schaeffer's Senior Quantitative Analyst Rocky White. The stocks highlighted in yellow are new to the list, while those such as Apple Inc. (NASDAQ:AAPL) are keeping up with the high option...Read More
These 25 stocks are the best performers in JanuaryHeading into a new month, year, and decade, Schaeffer's Senior Quantitative Analyst Rocky White broke down the best S&P 500 stocks to own in January over the past 10 years. One name in particular stood out: Netflix Inc (NASDAQ:NFLX), which is not only the sole FAANG stock to show up on the list, but it's also boasted particularly impressive returns...Read More
The Dow is down more than 100 points so farThe Dow Jones Industrial Average (DJI) is sliding today, suffering triple-digit losses so far, as stocks pull back from record-high territory. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also under pressure, though trading volumes are unsurprisingly thin for the holiday week. Oil prices have also turned lower after notching fresh highs earlier...Read More
The Tesla rival is still down 51% in 2019, thoughOne of the best stocks on this quiet trading day is Nio Inc (NYSE:NIO), up 26.2% to trade at $3.06. The Shanghai-based Tesla rival reported a third-quarter loss that was slimmer than expected, while revenue topped expectations. China deliveries also increased, despite a reduction in vehicle subsidies. Nio stock is on track to fill a late Septembe...Read More
The company will be selling its Canadian robotics unit for C$1 billionThe shares of satellite concern Maxar Technologies Inc (NYSE:MAXR) are soaring today, after the company announced it would be selling its Canadian space robotics business called MacDonald, Dettwiler and Associates (MDA) for C$1 billion, or roughly $765 million, to a consortium of financial sponsors led by Northern Private Capita...Read More
Most TREE analysts are already bullishLendingTree Inc (NASDAQ:TREE) shares have been trying to recover from their hugesell-off from earlier this month. Call buying has been the preferred strategy from TREE speculators in recent weeks, based on the 10-day call/put volume ratio of 1.26 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), and now s...Read More
The Santa Claus rally could take a breather todayAfter a Christmas week full of records on Wall Street, Dow Jones Industrial Average (DJI) futures are much quieter this morning, holding modestly above fair value. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are signaling slightly lower opens, with volume likely to be low heading into the New Year's holiday. As far as economic da...Read More
A volatility pop concurrent with a drop in stock prices could be a risk to bulls"...if momentum continues, keep in mind that there is the 12/27 and the quarterly expiration of SPY options that expire this week and on the last trading day of the year... Without a catalyst, the SPY 323 strike could act as resistance and the longer the SPY is below these strikes, the more it can be seen as a headwind...Read More
Bob Moriarty ArchivesDec 30, 2019In my experience everyone tends to make investing wisely way too complicated. Simple works, complicated doesn’t.I think the first site visit I went on was to a gold project in Xinjiang province in Western China over eighteen years ago. The gold bull was but a calf. Site visits had totally stopped after the Bre-X scandal in 1996. The sponsor of the trip manage...Read More
Keith Weiner, Monetary MetalsWe have spilled barrels of electronic ink, making the point that central banks are wreaking havoc. They hurt the poor, the middle class, and the rich. They hurt the wage earners, the business owners, the investors (aka the "rentiers"), and the pensioners. They have variously inflicted rising interest rates, too-high rates, falling rates, and too-low rates. They have...Read More
StrengthsThe best performing metal this week was platinum, up 3.85 percent, with silver and palladium just trailing. Gold traders and analysts were overwhelmingly bullish on their outlook for the yellow metal in the weekly Bloomberg survey. Sentiment was bolstered as gold cracked back above $1,500 per ounce. Gold hit a seven-week high despite comments by President Trump that a trade deal signi...Read More
Craig HemkeWith just one, holiday-shortened day to go, it appears that Comex gold and silver will actually finish 2019 with "the best annual gains since 2010". That was a bold forecast when we made it back in January. That it has turned out correct brings more relief than satisfaction.As we move to wrap up 2019, here's one last look at this year's primary guide. Recall that we had "The Generally...Read More
David HaggithAfter two years of this third experiment with trickle-down economics via the Trump Tax Cuts, we should have enough data to get an unbiased, factual view of the results. The following is going to be a short-and-sweet stroll down memory lane in pictures.The Trump Tax Cuts got us exactly the same GDP growth rate trend we've had for decades:They got us exactly the same decline in corpor...Read More
By: Gary SavageSo many gold analysts have no idea what they are doing. So many people missed the baby bull. Gold miners are leading..http://blog.smartmoneytrackerpremium.com/Read More
- Gary Christenson, Deviant InvestorBreaking news: Silver briefly reached $18.00 and closed at $17.85. The DOW rose again to 28,645.Inflation, Deflation, Stagflation, and Hyperinflation? So What?Inflation: The banking cartel demands inflation of the currency supply. The cartel encourages massive debt and collects the interest and fees. They want inflation because it increases debt and repayme...Read More
Gold is now a major bullmarket as evidenced by its strong breakout from a giant 6-year long base pattern in August. The larger trend is up. We had thought that it might react back closer to the breakout point before turning higher again, but it didn't, and started higher again in recent days over the Christmas period. This is a sign of greater strength.There is a broad array of fundamental reaso...Read More
Party hard and party late till 1st January. Comeback relaxed with a vengeance to trade and invest. With Insignia Consultants good times will always last. Thank you everyone for your support year too. Since founding "Inisgnia Consultants" in May 2003, I have been making changing changes (every year) to ensure that our clients are updated with all the information to make maximum profit. "To err is...Read More
Global gold prices are hitting a two-month high following this weekend's US strikes in Iraq and Syria. Meanwhile, China's Commerce Ministry said on Sunday it has "proactively dealt with" trade frictions with the US this year. How will the trade war play out for gold and the US dollar? CEO of Euro Pacific Capital Peter Schiff joins In Question to dive in.Peter Schiff is an internationally recognize...Read More
The Damage is Done. Remember the term "Too Big to Fail" used for systemically important Banks? Well these companies have exhausted this title, and been over inflated to such a degree, experts are now calling them "Too Big NOT to Fail" (except now the failure looks completely different, like a complete Currency Reset). In today's Headline News I'll update you on these Big Banks (and also the Repo M...Read More