Dear Rich Lifer,Black Friday is the single biggest shopping day of the year and with more people than ever shopping online, security can be a major concern for shoppers.It wasn’t too long ago that we experienced the largest security breach in the history of the Internet.In October 2017, Yahoo! confirmed that 3 billion of its user accounts were hacked.Names, email addresses, telephone numbers...Read More
Money manager Adrian Day looks at three junior resource companies whose stocks are down significantly in the past few months, and attributes some of this to tax-loss selling. He also lists a handful of companies he believes are best buys right now. Vista Gold Corp. (VGZ:NYSE.MKT; VGZ:TSX, US$0.59) has published an updated prefeasibility study (PFS) on its Mt Todd project in the Northern Territorie...Read More
"Comedy is not a crime. I'm telling you right now: I would rather go to prison than pay one-tenth of this stupid fine."Continue...Read More
Bob Moriarty ArchivesNov 28, 2019In what many saw as a children’s book, The Wonderful Wizard of Oz, the author,L. Frank Baum actually was writing a political allegory.After passage of theCoinage Act of 1873the US mint was no longer required to process silver delivered to it into silver coins. Since vast amounts of silver had been discovered in the west starting with the Comstock Lode, unlimi...Read More
Christopher Lewis9 hours ago (Nov 27, 2019 4:18 PM GMT)Gold markets initially fell during the trading session on Wednesday, reaching down towards the $1450 level. This is an area that has offered support recently, and the trading session on Wednesday was no different. We ended up forming a somewhat bullish looking candle, and it should be noted that we are about halfway between the 50 day EMA and...Read More
Links to Slides and Sources: https://www.itmtrading.com/blog/will-...Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need...Read More
Central banks’ purchases and repatriations of goldhave caught our attention once again. In October, Serbia’s central bank bought 9 tons of gold, following in thefootsteps of many other central banks that have been adding to their goldreserves recently, including Russia, Hungary, and Poland. Nine tons may seem to be a modest purchase, but thetransaction was worth $438 million at $1,503...Read More
Goldreversed yesterday, and so did the rest of the precious metal sector.Mining stocks and – what’s important – silver showed strength relative to goldand rallied even more than gold. Silver’s strength is important because itindicates that we are already in the second half of the short-term upswing inthe precious metals market. If there only was a tool that would provide us...Read More
Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly regarded investment education companies. He is author of the highest selling precious metals investment book of all time, Rich Dad's Advisors: Guide to Investing In Gold and Silver. In addition, Mr....Read More
Central banks’ purchases and repatriations of goldhave caught our attention once again. In October, Serbia’s central bank bought 9 tons of gold, following in thefootsteps of many other central banks that have been adding to their goldreserves recently, including Russia, Hungary, and Poland. Nine tons may seem to be a modest purchase, but thetransaction was worth $438 million at $1,503...Read More
Goldreversed yesterday, and so did the rest of the precious metal sector.Mining stocks and – what’s important – silver showed strength relative to goldand rallied even more than gold. Silver’s strength is important because itindicates that we are already in the second half of the short-term upswing inthe precious metals market. If there only was a tool that would provide us...Read More
Jordan Roy-Byrne CMT, MFTAThe precious metals sector remains in a correction. The miners have shown some positive signs but are not ready to move yet because the metals likely have more correction ahead.Technical support levels can provide us with low risk buy opportunities but combine that with sentiment data and we increase our odds of success.One reason why the sector is stuck in a correction...Read More
By: Ira EpsteinGold could see another wave to the downside if the low of yesterday does not hold:Read More
The range trade in gold and silver which has been there in November will be broken in December. Volatility will rise. A new trend should be formed in December. I expect the US dollar Index to crash. Brexit, US jobs numbers and actual signing of the US-China trade deal should be market mover or market shaker in December. Gold managed to trade over $1448 and needs to trade over $1448 to try and ri...Read More
Stocks continued their recent strength into the Thanksgiving holidayIt was another up day for stocks, as the Dow, S&P 500, and Nasdaq all hit new highs yet again. While upside was somewhat limited in the pre-holiday trading, there was still plenty of data for traders to consider, including a solid update on third-quarter gross domestic product (GDP). Retailers also made big moves again, including...Read More
Implied volatility on MYL options is at historically low levelsMylan NV (NASDAQ:MYL) hit a five-month low of $16.79 on Nov. 8, but has since added 11.1% -- up 2.2% today at $18.71, thanks to an upgrade to "hold" from "sell" at CFRA. This rebound could be short-lived, though, with MYL now trading near a trendline that's had bearish implications in the past.Specifically, MYL is running into its 50-d...Read More
A Medicaid setback is weighing on Evolent Health stockStocks are hovering around record highs as the Thanksgiving holiday nears. Among the names making notable moves today are athleisure name Under Armour (NYSE:UAA), as well as biotech concerns Evolent Health Inc (NYSE:EVH), and cybersecurity name Onconova Therapeutics Inc (NASDAQ:ONTX). Here's a quick look at what's moving the shares of UAA, EVH,...Read More
The November jobs report is due out on FridayCyber Monday will kick off another busy stretch for retailers next week. Earnings from a number of big names -- including AutoZone (AZO), Five Below (FIVE), and RH (RH) -- will also be in focus. Wall Street will also be eyeing a number of economic reports ahead of the mid-December Fed meeting. While no rate cut is expected this time around, Wall Street...Read More
Amazon is one of the worst S&P stocks for December With the unofficial start to the holiday shopping season kicking off during Black Friday, investors might be interested to see which stocks tend to do the best, and which are notorious underperformers next month. One name that could come as a surprise is Amazon.com, Inc. (NASDAQ:AMZN). In fact, the e-commerce giant is the only FAANG name to show u...Read More
There's a lot of pessimism around THC to be unwound The shares of Tenet Healthcare Corp (NYSE:THC) are up 2% to trade at $32.56 today, just a chip-shot off Monday's annual high of $32.89. There's reason to believe more highs are on the horizon, with the healthcare stock flashing a bullish signal for the final month of 2019. More specifically, THC's Monday high comes amidhistorically low implied...Read More