A bunch of housing data is coming Wall Street's way, tooEarnings season is finally upon us, with the big banks set to kick things off on Tuesday. Several other high-profile names are set to report, too, like Netflix (NFLX) on Wednesday, Intuitive Surgical (ISRG) on Thursday, and Coca-Cola (KO) on Friday. On the data front, manufacturing numbers will be in focus early on in the week, while there wi...Read More
PCG stock is down more than 28% todayPG&E Corporation (NYSE:PCG) stock is spiraling today, down 28.6% at $7.84, on news a federal bankruptcy judge ruled California wildfire victims and PCG noteholders can file a reorganization plan for the embattled utility company -- potentially forcing the two sides to negotiate a settlement, per the order. Separately, the company on Wednesday cut power to rough...Read More
President Trump tweeted he will meet with China's vice premier tomorrowThe Dow Jones Industrial Average (DJI) is confidently higher at midday, as Wall Street digests the latest U.S.-China trade headlines. The blue-chip index was last seen up over 200 points, after President Donald Trump tweeted that he will meet with Vice Premier Liu He on Friday, helping stocks shake off earlier mixed messages...Read More
Last time this technical signal sounded, DocuSign saw major upside The shares of DocuSign Inc (NASDAQ:DOCU) are soaring up the charts this month. The stock hit a one-year high of $67.61 yesterday, and tacked on 32.6% in September following a massive post-earnings bull gap early in the month, and subsequent bounce off its 20-day moving average. The stock is up 0.1% at $67.14, at last check. Even m...Read More
The retailer's new leader was most recently an executive at TargetBed Bath & Beyond Inc. (NASDAQ:BBBY) stock is booming today, up 17.4% to trade at $11.67. This comes in reaction to news the home furnishings retailer tapped Target's (TGT) Chief Merchandising Officer Mark Tritton as its new CEO. An upgrade to "outperform" from "market perform" and price-target hike to $16 from $14 at Telsey Advisor...Read More
RADA Electronic has had a good year on the chartsRADA Electronic Ind. Ltd. (NASDAQ:RADA) has had a big year on the charts, with shares of the defense specialist rallying from $2.58 at the end of 2018 to trade as high as $5.80 last month. RADA stock closed yesterday at $4.72, putting its year-to-date lead at 83%, and the shares were seemingly finding support near the uptrending 50-day moving averag...Read More
PSTG is ripe for a short squeeze, tooThe shares of Pure Storage Inc (NYSE:PSTG) are up 5.7% to trade at $17.29 this morning -- one of the best stocks on the New York Stock Exchange (NYSE) -- after yet another bullish brokerage note. This time, Goldman Sachs upgraded the flash drive storage specialist to "buy" from "neutral," while boosting its price target to $21 from $18. The analyst in coverage...Read More
Constellation Brands' former CFO, David Klein, has been appointed to Canopy Growth's chair of directors The shares of Canopy Growth Corp (NYSE:CGC) are trading lower following an announcement that former Constellation Brands (STZ) CFO, David Klein, has been appointed to the firm's new chair of the board of directors. The company's interim chair, John Bell, will remain as a director on the board. T...Read More
There are a number of reports circulating about U.S.-China trade talksDow Jones Industrial Average (DJI) futures are pointing to a lower open for stocks, following a number of trade-related headlines overnight. While some reports suggested trade talks have been unproductive so far, others indicated the U.S. and China could strike a deal that would suspend next week's scheduled tariffs. Meanwhile,...Read More
By Daniel R. Amerman, CFAAs can be seen in the graph below, there is an almost uncanny similarity between housing prices at the 2006-2007 peak, and current home prices.The biggest difference is that current home prices are substantially higher. Should we be worried about a repeat scenario - and another six year decline in home values?This analysis explores in detail the similarities between 2006...Read More
Dave KranzlerThe Bank for International Settlements (BIS) - the Central Bank of Central Banks - released two reports on "unconventional policy tools" - e.g. QE/money printing and interest rate suppression. It concluded that the extreme Central Bank interference since 2008 has had a negative impact on the way in which financial markets function.While Jerome Powell and his "Gang That Couldn't Sh...Read More
SRSrocco The rate at which black swans are showing up in the world should scare the hell out of people. But, unfortunately, everyone seems to be lost in the highly complex technology of I-phones, computers, social media, and the telly to notice that something is definitely wrong. The current situation reminds me of a famous scene in the Monty Python movie, The Holy Grail, where a guy is ba...Read More
By: Ira EpsteinGold $1,515 a problem for gold. $1,540 level resistance area. Market in a stall..Read More
Lack of alternate investment avenues and fear of more recession has resulted in investors flocking to gold and silver. Even bitcoin and other crypto currencies are selling off. Investors and traders have not choice but to invest in gold and silver. Currency markets are not very volatile. Traders invest in investment instruments which are highly volatile. Gold and silver are highly volatile apart...Read More
For Part 1 of this interview, CLICK HEREIn the second of this three-video series, Mike Maloney and Chris Martenson reveal that there is one asset apart from gold and silver that they are both looking to accumulate. What could it be? At what valuation will they trade gold or silver for this most important and often overlooked asset?Christopher Martenson is a former American biochemical scientist. C...Read More
For Part 1 of this interview, CLICK HEREMax Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this te...Read More
"The Tribunal concluded that there was no legal basis for China to claim historic rights to resources within the sea areas falling within the 'nine-dash line,'" Continue...Read More
Dennis Gartman joins Robert and warns about the effects of Trump's trade wars. Middle America is struggling and global markets are taking notice. Find out how to navigate these uncertain timesRobert Kiyosaki is best known as the author of Rich Dad Poor Dad, the #1 personal finance book of all time. His book titles hold four of the top ten spots on Nielsen Bookscan List's Life-to-Date Sales from 20...Read More
Part 1 (part 2 below)Something crazy is hitting the markets. Why can't Johnny sell repos anymore. Has QE4 already started? Has the Fed lost control? Lot's of questions and not many answers. But we do know that gold's quantity is physically limited, while fiat currency knows no such boundaries. The world's awash in sovereign debt with no end in site: until fiscal sanity again prevails, if ever. Thi...Read More
General Electric Co announced it was freezing its pension fund for about 20,000 U.S. employees with salaried benefits as the Pension Crisis continues to build. Its pension Continue...Read More