By: Ira EpsteinGold trend turns up if it gets above $1,503. 18 day moving average also at $1,503 area, important resistance area to get above for the gold markets to turn into a more bullish bias:Read More
By: Rick Ackerman, Rick's PicksI like gold here, but I'd like it even more a somewhat lower levels. How much lower? Here are two charts to judge, including one in GLD for those of you who don't trade futures.www.RickAckerman.comRead More
If you hadn't picked up on it yet, I've had a bit of a travel theme this week. Between how I fly for free, and the dangers of traveling abroad, you should now have a pretty good idea of how to get where you're going cheap, and how to stay safe while you're visiting.When most people think of getting a change of scenery, a vacation is the first thing that comes to mind. You think of heading to your...Read More
Finally, you get to cross Rome off your bucket list for travel destinations!While exploring the Colosseum, one of the locals offers to snap a photo of you and your group in front of the busy landmark. Without thinking, you agree and hand over your smartphone.As you're getting ready to pose, you look up and see that your new "friend" has just run off with your phone.In your twenties, you might have...Read More
The recent statements from the Federal Reserve and the other major world central banks (the ECB, BoJ, BoE and PBoC) are alarming because their actions are completely out of alignment with what they're telling us.Continue...Read More
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a freq...Read More
Jesse Ventura and producer Brigida Santos talk about Turkey's offense in Syria, the future on the Kurds and why U.S. troops are now going to Saudi Arabia. Author Seth Siegel talks about America's troubled water systems. Jesse Ventura, is an American politician, actor, author, Navy Seal, and former professional wrestler who served as the 38th Governor of Minnesota from 1999 to 2003. Ventura remains...Read More
Continue...Theodore Butler is an independent silver analyst who has published unique precious metals commentaries on the internet since 1996. He is the head of Butler Research LLC, where he offers a subscription service of weekly commentaries, including detailed analysis of the Commitment of Traders Report, regulatory developments, supply and demand considerations, and topics of interest to invest...Read More
Oct 21, 2019 Guest(s): Chris Mancini Analyst, Gabelli Gold Funds Gold is still the ultimate asset to own during an economic downturn, not bitcoin, and this can be proven by government actions, said Chris Mancini, analyst of Gabelli Gold Funds. "Gold is the ultimate play...and countries are setting up exchanges, and the Chinese government and the Russian government are buying gold, they're not bu...Read More
I don't know how many people have noticed this, but in the past three months it has been impossible for a person to throw a beef burger patty in any direction Continue...Read More
John Kaiser notes the two ways you can get a 10-bagger and expands on one of those (discovery) and shares his area of focus when searching for big winners. Read More
A weakening dollar index has strengthened gold's currency component.Expect gold to respond favorable to the softer dollar in the weeks ahead.A more accommodative Fed policy will also boost gold's attractiveness.Precious metals traders had almost despaired of ever seeing a currency-driven rally in the gold price this year. Yet, for the first time since June, gold finally has the support of...Read More
- Avi GilburtWhile we have been tracking the metals market for the next rally set-up, we have seen some signs that the market may attempt to begin that rally sooner rather than later. However, I have to be honest in noting that I am seeing more signs that lower levels may still be struck before we are ready for that rally. So, as I have been saying for the last few weeks, I am going to stil...Read More
By: Ira EpsteinGold has support around $1,470 level. Daily gold chart is in a stall..Read More
Netflix stock gained 2.5% on a well-received earnings report The Dow rose roughly 23 points today as well-received earnings continue to roll in. Netflix (NFLX) earnings were on the forefront of investors minds, as the streaming wars continue to ramp up. The FAANG stock wound up tacking on 2.5% on a solid earnings beat, setting a positive tone as earnings season begins to ramp up. Elsewhere, trade...Read More
GLUU was just the latest stock to pop on news of joining the SP600The shares of Glu Mobile (GLUU) got a boost earlier this week, on news the stock is joining the S&P SmallCap 600 Index (SP600). However, GLUU isn't the first stock to rally on its addition to the index -- we've seen similar pops for stocks like Fresh Del Monte Produce(FDP), Jagged Peak Energy(JAG), and Vector Group(VGR), to name a f...Read More
J.P. Morgan Securities downgraded CMA stock overnightAnalyst notes continue to roll in on Comerica Incorporated (NYSE:CMA), after the regional lender reported third-quarter earnings yesterday morning. Despite the firm's profit beat, the bulk of the brokerage attention has been bearish, with J.P. Morgan Securities downgrading the stock to "underweight" from "neutral," and cutting its price target b...Read More
Wayfair has been rallying from the $100 levelWayfair Inc (NYSE:W) is extending a recent bounce from the $100 level, rising 6.2% today to trade at $114.63. In response, options volume is accelerated, and calls are outpacing puts on an overall basis. It looks as though one trader initiated a bull call spread at the May 115 and 150 calls, which they partially funded by selling the May 95 put. Since t...Read More
The dollar rate by itself does not determine the gold price.However, the dynamics of the dollar is generally inversely related to the dynamics of gold price.Fundamentally, the current price of gold is quite justified now.Only if the US real rate enters the zone of negative values, there will be a further rise in the price of gold. By and large, the price of gold is influenced by three main factors...Read More
Puts have picked up on Coupa, potentially putting some bears in a precarious positionSoftware stocks got hit hard on Wednesday, and the sector-wide pullback has some names flashing what historically have been solid buy signals. For instance, Coupa Software Inc (NASDAQ:COUP) lost 9.3% yesterday, its worst day since last December. COUP shares were last seen down another 2.9% today at $136.18, actual...Read More