Investors are expecting an interest rate reduction from the FedU.S. stocks are broadly lower today, as traders await a likely interest-rate cut from the Federal Reserve. The post-decision press conference from Fed Chair Jerome Powell is really the biggest focal point, with Wall Street awaiting more details on the central bank's monetary policy plan. The Dow Jones Industrial Average (DJI), Nasdaq C...Read More
XAR hit a record high earlier this weekDefense stocks have been in focus this week, following weekend drone strikes against crude production facilities in Saudi Arabia prompting U.S. President Donald Trump to tweet about new sanctions on Iran -- which is behind the airstrikes, according to the White House. The bulk of this price action has been to the upside, with the SPDR S&P Aerospace & Defense...Read More
vTv Therapeutics just presented upbeat data for its mid-stage diabetes treatment The shares of pharmaceutical issue vTv Therapeutics Inc (NASDAQ:VTVT) are up 3.5% at $1.78 this morning, following promising results for the company's mid-stage study of its diabetes treatment, TTP399. VTVTsaid the new therapy was able to reduce daily mealtime bolus insulin doses by 23%. The equity is eyeing its highe...Read More
Most of the action is occurring on the put sideFedEx Corporation (NYSE:FDX) stock is spiraling this morning, after the shipping giant reported lower-than-expected fiscal first-quarter adjusted profit of $3.05 per share and revenue of $17.05 billion. FDX also cut its full-year profit forecast to a range of $11 to $13 per share, less than the consensus estimate, citing headwinds from the U.S.-China...Read More
Article presents returns data for the 50 best performing gold and silver mining stocks year to date.Trends and themes in precious metals analyzed along with current market drivers.Bullish trends in precious metals are expected to continue, and we think investors should buy any dip.It's been an exciting last couple of months for gold and silver investors as precious metal prices have surged off the...Read More
Wedbush is seeing strong signs for the iPhone 11Apple Inc. (NASDAQ:AAPL) is trading up 0.2% at $221.20, after Wedbush said more than 185 million iPhone 11 units will be shipped in the company's 2020 fiscal year, driven by strong underlying demand in China. Still, the brokerage firm also said pre-ordering has been good in the U.S., while adding that the iPhone remains the "hearts and lungs" of the...Read More
ADBE has now shed 12% off its July peakThe shares of Adobe Inc (NASDAQ:ADBE) are down 3.6% to trade at $275.82 this morning, after a mixed quarterly report. The software company reported adjusted fiscal third-quarter earnings of $2.05 per share on $2.83 billion in revenue, topping forecasts for a $1.97 per-share profit on $2.82 billion in revenue. However, Adobe also trimmed its current-quarter r...Read More
August housing starts were higher than expected Dow Jones Industrial Average (DJI) futures are trading cautiously below fair value ahead of this afternoon's Federal Open Market Committee (FOMC) policy decision and subsequent press conference from Fed Chair Jerome Powell. The central bank is expected to drop its key interest rate by one-quarter percentage point, and traders will look to Powell's pr...Read More
Oil generally pulls back the day after a big spikeOil prices spiked over the weekend after drone attacks on oil facilities in Saudi Arabia. The price reverted some yesterday, though, after reports that oil production would be back to normal sooner than expected. I've gathered the data on how crude typically behaves after significant daily price shocks to see if there's a high probability trade in...Read More
People have worried about federal deficits for decades, but recent catalysts are making the problem more acute.Domestic institutions are being fed excess government debt, and it's becoming an increasingly acute liquidity problem.Two potential outcomes analyzed.I've written a couple articles this year here on Seeking Alpha about why, in addition to investing in a variety of normal equities, I b...Read More
By: Ira EpsteinGold - which will the market decide to go. For now, I will say the bears have control..Read More
By: Avi GilburtI am simply amazed at how much email I have been getting asking my opinion regarding the latest "manipulation" cases. And, many of those are asking me if I am finally convinced that the metals market was manipulated to drop from 2011 to 2015.Well, let's try to walk through the issues together. Let's start this article by identifying that about which we are speaking. You see,...Read More
Stefan Gleason, Money Metals ExchangeMonday's spike in crude oil prices could be a game changer - for geopolitics, for the economy, and for investors.Normally it would be foolhardy to draw big, sweeping conclusions from a single day's trading activity.But in this case, it's not just the fact that oil prices surged 13% to over $62/barrel. Or even the fact that more than 5% of the world's oil prod...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Missiles are flying in the Middle East, Saudi oil production has been halved and we're worrying about negative interest rates. Trump is proving to be the Master Debaser. Lower interest rates will cure all the world's ills. Precious metals can't accommodate all the world's flight capital. Therefore, the US stock markets have become the home for scared money. What other choice is there?John Rubino i...Read More
David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style. His fast-growing YouTube channel, Looking at the Markets with David M...Read More
"Designed with the understanding that 20 percent of all WiFi-enabled homes are equipped with a connected home device, VoiceIQ Technology pairs with existing devices to dispense the"Continue...Read More
Doubleline Capital CEO and founder Jeffrey Gundlach joins 'Fast Money Halftime Report' to discuss the Fed rate decision, if there is a recession risk and his market call.Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading public...Read More
Repurchase agreements or Repos are a cornerstone of today's leveraged economic system. They've been around since 1917. It's a way for banks to eke out a few more basis points on their bond holdings. Just yesterday the interest rate shot up from 2.25% to 10% overnight. This situation is unheralded. When things start going wrong in this market, there's likely major problems ahead. It's a market base...Read More
Michael Oliver provides his usual guidance on precious metals and key markets.Read More