LYV shares are testing the 160-day moving averageLive Nation Entertainment, Inc. (NYSE:LYV) looks like it could be ready to bounce on the charts. After hitting an all-time high of $73.72 on July 26, the shares have gradually pulled back slightly to test the 160-day moving average, as well as a trendline connecting its lows from June and February -- hinting at potential chart support. Analysts at J...Read More
The firm just announced a CBD collaboration with International Flavors & FragrancesThe shares of Neptune Wellness Solutions Inc (NASDAQ:NEPT) are surging after the health and wellness company announced a strategic collaboration with International Flavors & Fragrances (IFF) to co-develop hemp-derived CBD products for the U.S. market. While the stock initially jumped on the news, it was last seen do...Read More
The brokerage firm can't justify ATVI's stock price with its fundamentalsBernstein downgraded Activision Blizzard, Inc. (NASDAQ:ATVI) to "underperform" from "market perform," saying, "the market is paying too much on the hope that this is the trough." The brokerage firm went on to say that it "cannot reconcile the current stock price with ATVI's risk-adjusted fundamentals," but raised its price ta...Read More
MNST is heading for its lowest close since AprilThe shares of Monster Beverage Corp (NASDAQ:MNST) are lower this morning, after Guggenheim cut its rating to "neutral" from "buy." The analyst in coverage also slashed their price target to $60 from $74, and noted that they see Coca-Cola's (KO) foray into the energy drink business as a big headwind. At last check, Monster Beverage stock was down 2....Read More
Dow futures are sharply below fair valueDow Jones Industrial Average (DJI) futures are trading below fair value this morning, pointing to a more than 100-point drop for the index, as U.S. stocks look to extend their weak start to the fourth quarter. The Dow and S&P 500 Index (SPX) experienced sharp losses on Tuesday due to bleak manufacturing data, and economic data is in focus again today, with t...Read More
Stocks tend to underperform after the gap between bulls and bears gets this wideIt was just about seven months ago -- and roughly 6% ago, in terms of S&P 500 Index (SPX) returns -- that we last discussed the significance of the so-called "bulls minus bears" measure in the weekly Investors Intelligence (II) sentiment survey. This metric, as literally as the name suggests, tells us how wide the gulf...Read More
Traders should target underperforming stocks with a high number of "buy" ratingsThis week I'm going to do a basic sector analysis using our contrarian philosophy. For those unfamiliar with our contrarian approach, we look for stocks which have performed well but are despised by investors. The pessimism is an indicator of sideline money. As a stock outperforms, it starts to become clear for the bea...Read More
David H. Smith The people who are prepared are going to reap rewards such as they have never dreamed. We're going to have the biggest transfer of wealth in history - from the fools - to those who are prepared. - Bob MoriartyThe run up of the last few months to $1,565 gold and $19 silver has stalled out into a relatively high-level correction, giving back less than might be expected after such a...Read More
Donald Trump has become only the fourth president in U.S. history to be the subject of a House impeachment inquiry. The details are still unfolding, and it's an extremely divisive topic. If history is any guide, it's highly unlikely that Trump will be convicted of any impeachment charges, especially with Republicans in control of the Senate. The only two presidents who have ever faced such charg...Read More
Craig HemkeYou didn't actually think that a couple of indictments were going to change things, did you? By now you must understand that The Banks will continue to manage and rig prices until the time comes that it is no longer profitable for them to do so.In case you need a summary of recent events, please take time to review these three links:o https://www.cnbc.com/2019/08/20/another-ex-jp-mor...Read More
- Dave Kranzler"[Whatever] the repo failure involved, it is likely to prove a watershed moment, causing US bankers to more widely consider their exposure to counterparty risk and risky loans, particularly leveraged loans and their collateralised form in CLOs. a new banking crisis is not only in the making, for which the repo problem serves as an early warning, but it could escalate quite rapid...Read More
Jordan Roy-Byrne CMT, MFTASeveral weeks ago both Gold and gold stocks hit major resistance after strong but extended moves. A correction or pause was to be expected. Clearly, we can now say, the sector is in correction mode.Corrections tend to have three legs: a simple down up down or A-B-C pattern. The gold stocks (and Gold) appear to be on the C leg of that A-B-C pattern.Below we plot the dail...Read More
Stewart Thomson 1. China's "Golden Week" holiday is underway and gold markets there are closed for the week.2. The demand vacuum created by this holiday often contributes to a gold price swoon, and that's happening now.3. Please click here now. Double-click to enlarge this GDX swing trade chart.4. My www.guswinger.com subscribers are enjoying the price swoon because...Read More
By: Ira EpsteinGold remains over the 18-week moving average. Market holds an upside bias long-term. Daily chart shows head-shoulder TA formation..Read More
David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation: The Corruption of Capitalism in America...Read More
ARTICLE HERE: https://goldsilver.com/blog/the-big-s...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: Gu...Read More
Online censorship and government controlled propaganda is now official policy and completely legal in Singapore.Continue...Read More
Alasdair Macleod, a stockbroker, banker and economist, explains why he thinks the dollar is more at risk than the yuan, the opposite of perceptions in western capital markets.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist fo...Read More
Barton Biggs on how the Nomura Family's ability to recognize "Narrative Failure" made Nomura Japan's #1 financial firmWhy we're experiencing our own "Narrative Failure" today, and what specifically is failingPortfolio positioning for the narrative failure and beyondOutlook for the coming merger of monetary and fiscal narratives, and how that might unfoldRead More