The retailer has seen long-term support at the 160-day moving averageShares of dollar store retailer Dollar General Corp. (NYSE:DG) are inching their way higher this morning, as the company relishes in yesterday morning's second-quarter earnings beat. No fewer than nine analysts have handed out fresh bull notes since yesterday's close. Giving the highest praise so far is a price-target hike to $1...Read More
The PC giant cited profitable contracts for its China-based server unitDell Technologies Inc (NYSE:DELL) stock is soaring today, after the PC maker reported adjusted second-quarter earnings of $2.15 per share on $23.45 billion in revenue -- more than analysts were expecting. The company cited increased desktop demand, as well as "higher-margin dollars" brought in by profitable contracts for its se...Read More
The makeup retailer posted second-quarter earnings and revenue that missed analysts' estimates Makeup retailer Ulta Beauty Inc (NASDAQ:ULTA) has taken a nosedive today, after the firm reported second-quarter earnings and revenue below analysts' estimates. The firm also slashed it full-year same-store sales and profit forecast, citing ebbing demand for the cosmetics market. ULTA stock, at last chec...Read More
There's a great deal of pessimism priced into CPBA big earnings winner this morning is Campbell Soup Company (NYSE:CPB), with the packaged food titan reporting adjusted fiscal fourth-quarter earnings and revenue that topped estimates. Net sales rose by 2%, as well, while gross margin increased to 34% from 31.4%. The company cited cost-cutting, and a better focus on its mainstream businesses as re...Read More
July's consumer spending reading topped estimates Dow Jones Industrial Average (DJI) futures are signaling another solid triple-digit jaunt higher, thanks to the latest buzz on the U.S.-China trade spat. Although new tariffs on $300 billion in Chinese goods are still set to go into effect this Sunday, Sept. 1, the two sides were reportedly maintaining "effective communication," according to China'...Read More
Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 362,60965,77154,297148,866482,672565,772602,740 Change from Prior Reporting Period 10,31513,4709,04715,45813,01434,82035,531 Traders 23459765659316170 Small Speculators LongShortOpen Interest 70,41133,443636,183 6,5565,84541,376 non report...Read More
An intriguing paradox is evident, whereby the USDollar continues to rise despite the global economic recession. In fact, it can be argued that the USDollar is rising in the past several months, because of the global recession. On a worldwide basis, the economy is struggling badly, especially in the West. Worse still, without a doubt, the rising USDollar is destroying the individual economies of...Read More
Avi GilburtPersonally, I love trading metals and have been doing so for quite some time. In fact, the best trade of my entire career was in silver many years ago. But, the one thing that we commonly see in the complex is that when the market strikes a top, it most often spikes into and then strongly reverses at that top as a culmination signal. Thus far, I have not seen that in the metals....Read More
Gary Christenson, The Deviant InvestorLike living in quiet desperation, holding on with our fingertips, scared we are losing our grip on the slippery mountain, on reality, on what little control we possess... central banks and governments are desperate.Some are doing well, unless they worry the Jeffery Epstein fiasco will implicate them. But for many, it's desperation, insecurity and debts.Centr...Read More
By: Ira EpsteinLabor day weekend.. lighter volume expected. The gold market shows its 18-week moving average nearing $1,400. The Daily chart shows resistance around $1,560 on DEC-gold price. Support on 18-day moving average, $1,522+Read More
Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipient of numerous awards and honors, including one of Investor Dig...Read More
When we last spoke with Craig Hemke it was May 30, 2019. He vehement in his belief that a new gold bull market was underway. Almost 3 months later and we now know that Craig was right. He was hoping for a 1485 gold price, but his expectations have been exceeded. At this rate gold could be way over $1500 by December 31, 2019. And the stocks could really catapult and that would all be fine with Crai...Read More
On Tuesday, YouTube CEO Susan Wojcicki announced that the platform would invite "offensive" content back onto the site - writing in an open letter to YouTube creators "Without an open system, diverse and authentic Continue...Read More
No matter how much we stimulate the economy it's just going to get weaker, says Harry Dent. Watch now to get his recap on the week's financial news & why he thinks we're at a critical point in markets. Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and stu...Read More
Gerald gives an explosive conversation on the state of the markets, gold, the upcoming presidential election, and why he believes the next recession will be one for the ages. Gerald also reveals what you should be doing right now to prepare for it.*The interview begins at 7:48Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the nation...Read More
Jeff Berwick walk and talk from Mexico City. Trump has become enamored of European style negative interest rates, what could possibly go wrong?Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is known to be an anarcho-capitalist activist and has written extensively about the impending collapse of the US dollar-b...Read More
Precious metals expert Michael Ballanger discusses trends in the market and his recent trades. For those of you that have followed my raves and rants over the years, you are undisputedly aware of all of my biases when it comes to almost everything: bankers, politicians, invasive species, free market suppression, entitled Millennials, and finally, the utility of precious metals in a "financial orde...Read More
The new Alchemist went out at the end of July. And making the choice from its articles is always hard. What gems can we learn from the latest publication of the LBMA? We invite you to read our today’s article and find out!Gordon’s Brown Bottom, 20 Years OnThe first article we would like to summarize for you is “Gordon’s Brown Bottom, 20 Years On” by Adrian Ash, Direct...Read More
Just a few weeks ago, silver naysayers told us we’d have to waitmonths, or even years, before the market made a big move. Now they are eatingtheir words! The white-hot metal surged past $18.50/oz this morning to reachits highest level in more than two years.Silver is up more than 13% in the month of August alone, a timewhen many precious metals analysts had expected summer doldrums. Even som...Read More