The firm just released early stage data for its wet AMD gene therapy treatmentThe shares of Adverum Biotechnologies Inc (NASDAQ:ADVM) are taking a serious nosedive today, down 32.8% at $8.07, after data from an early stage trial of the company's wet age-related macular degeneration (wet AMD) gene therapy treatment, ADVM-022, were poorly received. As a result, ADVM is trading back near its mid-May...Read More
ACB is near the bottom of the NYSEOne of the worst stocks on the New York Stock Exchange (NYSE) this morning is Aurora Cannabis Inc (NYSE:ACB), down 9.4% to trade at $5.88. The cannabis company's fiscal fourth-quarter revenue fell short of estimates due to lower-than-expected retail sales of recreational marijuana.Perhaps even more damaging, Aurora also pushed back its profitability timeline to f...Read More
ORCL has added 24.6% in 2019Computer technology name Oracle Corporation (NYSE:ORCL) is down 3.3% to trade at $54.42, the stock reeling on the back of the company's lower-than-expected fiscal second-quarter forecast, and news that one of the company's two CEOs, Mark Hurd, will be taking unplanned medical leave. Oracle also shared a fiscal first-quarter revenue miss, but said it still plans to buy...Read More
Trump delayed a tariff hike on Chinese goods to mid-October Dow Jones Industrial Average (DJI) futures areabove fair value this morning, after President Donald Trump delayed an upcoming tariff hike on Chinese goods to Oct. 15 from Oct. 1, citing the People's Republic of China's 70th anniversary as the catalyst for his "gesture of good will." The European Central Bank's (ECB) decision to cut its ke...Read More
In times of market volatility and economic contraction, gold becomes a safe haven investment as investors look for steadier returns and lower risk to their portfolios.Gold, now up almost 18 percent year to date, has been supported near six-year highs by an escalating U.S.-China trade war and fears of a global slowdown which may lead to a recession in the United States.The U.S. Federal Reserve has...Read More
Dave Kranzler"As well as being modified by its specific supply and demand conditions, Gold's time preference is essentially for its moneyness, represented by its use as a medium of exchange and store of value. The moneyness aspect links it to its exchange value for all commodities, and it is this aspect of gold's qualities that should warn us that a backwardation in gold, emanating from negative...Read More
September 12th, 2019, Vancouver, B.C. - Northern Vertex Mining Corp. (TSX.V: NEE) (OTC Nasdaq Intl.: NHVCF)(the "Company" or "Northern Vertex") is pleased to announce gold and silver production totaling 3,431 gold equivalent ounces (3,091 ozs gold and 25,529 ozs silver) during the month of August at the Moss Gold Mine, located in Northwest Arizona.Production Results for the Months Ended March...Read More
By: Ira EpsteinGold has resistance around $1,526.10 on Dec. Gold. $1,488 support area. Gold is oversoldRead More
Traders and investors in India are very bullish on gold and silver today. They expect gold and silver to zoom after the European central bank meeting. There will be good demand in futures as well as physical market in India today. Monetary easing by way of interest rate cut and new bond issuances is expected by the ECB today. Outlook by the ECB will be the key. Eurozone economy at the moment is...Read More
Is gold in a new bull market? Not according to Harry Dent. We're still in a bear market which bottoms in 2022 - 2023. A great stock market crash & real estate crash are coming in mid-2020, and the crash will take gold & silver down too. What about the dollar, housing and the US bond market? Harry has the answers to those questions and a whole lot more, including a call for $10 silver!Harry Dent sa...Read More
Precious Metals put in an interim peak and are now correcting. What are the key support levels for Gold & gold stocks?Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold...Read More
Former Dallas Fed adviser Danielle DiMartino Booth provides insight into Trump's idea to lower interest rates.Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take...Read More
Links to slides and sources: https://www.itmtrading.com/blog/the-b...What is the latest ECB experiment? Dropping interest rates more deeply negative, but not charging banks interest on small time deposit reserves to help with bank income declines. Restarting the government and corporate bond buying program. In addition, they removed and or lengthened time limits on negative rates, bond buying prog...Read More
Paul Craig Roberts former treasury secretary with Ronald Reagan explains what really happened on 9/11. Paul Craig Roberts is an American economist and a columnist for Creators Syndicate. He served as an Assistant Secretary of the Treasury in the Reagan Administration and was noted as a co-founder of Reaganomics. Dr. Roberts is a former editor and columnist for the Wall Street Journal, Business Wee...Read More
Why do we have the economic policies we do today?These policies drive decision-making on Capitol Hill, corporate boardrooms, and on Wall Street. But who made them, why, and how did they come about? And how well are they serving us?Binyamin Appelbaum has made these questions the focus of his new book The Economists' Hour: False Prophets, Free Markets and the Fracture of Society, which shines a brig...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Marty Fridson, chief investment officer Lehmann, Livian, Fridson Advisors LLC and "One of Wall Street's most thoughtful and perceptive analysts" according to the New York Times, stops by to discuss all things credit.2:54 What's new in high-yield and leveraged loans7:30 Marty's preferred income-generating assets13:00 A garden-variety recession: Enough to spur widespread defaults?19:24 Price control...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
"It is expected that China will be buying large amounts of our agricultural products!"Continue...Read More
In short: a somewhat hawkish read on the rate cut and QE amount, but dovish on every other aspect, from the changed forward-guidance, to the open-ended QE, to the easing in TLTROContinue...Read More