Dear Rich Lifer,Whether you're a bright-eyed youngster just beginning the walk of adulthood, or a seasoned veteran of the world, basking in the joys of retirement, the home-buying process can be daunting.Buying a home, even if you have done it in the past, requires an incredible amount of work.Selecting a location, finding a house, filing all the appropriate paperwork with what feels like a dozen...Read More
Max talks to David Morgan of The Morgan Report about what he sees in the turmoil in the repo markets. They also discuss China's gold purchases and whether or not he agrees with Alasdair MacLeod's belief that China could announce they have more than 10,000 tons of gold.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a we...Read More
If you're not already worried about the U.S. economy and markets over the next few years, this interview of successful investor Jeffrey Gundlach will certainly help you along the way. Continue...Read More
Continue...Bill Fleckenstein is the President of Fleckenstein Capital and writes a popular column 'Contrarian Chronicles' for MSN Money as well as the daily Market Rap column for his website: Fleckenstein Capital. Bill has appeared at one time or another in virtually all financial media including Bloomberg, CNBC, The New York Times, MSN, Marketwatch, Barron's and more. Bill is a highly sought afte...Read More
"So I want to thank you for what you've been doing and encourage you, Steve, to do more - more, a lot more."Continue...Read More
The Silver price soared during August as it played catch up to the Gold bull run, Silver peaking at a high of $ 19.75 early September before like Gold entering into a correction to a low of $16.94 late September and trending weakly higher during October to currently stand at $18.07, a2 month trend similar to that of the gold price. (Charts courtesy of stockcharts.com)First a recap of my recent Sil...Read More
Recently, the US stock market rallied to new all-time highs which prompted an almost immediate celebration. A day later, the US stock markets reacted by setting up multiple top rotation patterns. The next day, a moderate price rally set up after the US Fed decreased rates by 25 basis points. The next day, the markets sold off dramatically with heavier volume – prompting the...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 335,42358,90865,405176,997478,213577,825602,526 Change from Prior Reporting Period 12,506-4,877-1,7845,66811,52716,3904,866 Traders 20575755651284182 Small Speculators LongShortOpen Interest 65,61740,916643,442 1,52413,04817,914 non report...Read More
The gold miners' stocks have surged in 2019, blasting higher after gold's first bull-market breakout seen in several years. That powerful summer rally left them really overbought, necessitating a correction to rebalance exuberant sentiment. That grinding consolidation lower has set them up nicely for their winter rally, this sector's seasonally-strongest time of the year. These seasonal...Read More
- Dave Kranzler"By sticking to the new orthodoxy of monetary policy and pretending that we have made the banking system safe, we are sleepwalking towards that crisis." - Mervyn King, former head of the Bank of England in a lecture at the IMF's recent annual meetingThe market levitates higher on phony economic data from the Government, Trump tweets, Fed money printing and hedge fund algorithms c...Read More
- Avi GilburtOriginally published on Sat Oct 26 for our ElliottWaveTrader members: While we have the minimum waves now in place to consider that the pullback/correction we have been tracking for the last two months has completed, and the market has clearly held the support we have outlined which we expected to hold during this pullback, questions still remain as to whether we can still see an...Read More
Gold has shrugged off the latest blather from the Fed and looks bound for at least 1536. Some Rick's Picks subscriber caught the move, and I'll show you how. T-Bonds have also caught fire and deserve a look.https://www.rickackerman.com/Read More
By: Ira EpsteinMarkets spooked by impeachment, US-China Trade deal news. Gold is up over $15 for the week as of the close Thursday, on the daily chart, gold stuck in sideways short-term, resistance around swingline - DEC: $1520.90Read More
October payrolls topped estimates, despite the GM strikeThe Dow erased yesterday's losses, tacking on over 300 points on better-than-expected employment data for October, despite the General Motors (GM) strike. In addition, investors cheeredreassuring news that the U.S. and China have reached a consensus in principle on trade, with the Chinese Ministry of Commerce touting"serious and constructive"...Read More
Gold price became over-extended from a key trend line this summer.Its lateral trading range was necessary to allow it to consolidate the rally.Central bank demand will keep gold price stable until the next breakout.For many investors, gold's extended trading range since late August has been agonizingly long. Gold bulls have patiently waited for the next rally phase of the metal's price to commence...Read More
We also explore stocks you should buy and avoid in NovemberThe S&P 500 Index (SPX) started the week with a fresh record high after a slew of sunny earnings reports and amid optimism around U.S.-China trade. While that optimism subsequently waned amid reports China is worried about President Donald Trump's "impulsive nature," and after a key economic summit was cancelled, the index ultimately exte...Read More
The equity was upgraded to "outperform" at BairdThe shares of home health and hospice provider Amedisys Inc (NASDAQ:AMED) are soaring today, with at least one analyst applauding the recent Centers for Medicare & Medicaid Services (CMS) ruling. Specifically, Baird upgraded AMED stock to "outperform" from "neutral," and hiked its price target to $160 from $140, waxing optimistic on the CMS 2020 ruli...Read More
Both names recently hit new lowsThe U.S. stock market is soaring -- with the S&P 500 Index (SPX) fresh off a record high -- following this morning's jobs report. Among specific stocks making notable moves are oil-and-gas expert California Resources Corp (NYSE:CRC) and tobacco name Turning Point Brands Inc (NYSE:TPB). Here's a quick look at what's moving the shares of CRC and TPB.California Energy...Read More
Citi downgraded Costamare to "sell" from "neutral"Costamare Inc (NYSE:CMRE) has been on a roll lately, the stock just touched a one-year high of $8.29 earlier this week, and clocked a 29.5% for October, making it the ship manufacturer's biggest monthly gain in over 10 years. This rally could be sputtering out soon though, according to Citi, which downgraded the equity to "sell" from "neutral," but...Read More
The brokerage firm issued the latest "buy" rating on the stockSarepta Therapeutics Inc (NASDAQ:SRPT) stock is up 4.3% today to trade at $86.63, after Guggenheim initiated coverage with a "buy" rating and a $183 price target -- a 120% premium to last night's close. This bull note comes ahead of the Duchenne muscular dystrophy (DMD) specialist's turn in the earnings confessional, slated for after th...Read More