Several analysts have chimed in today with a variety of opinionsThe semiconductor sector is in focus this morning, after Advanced Micro Devices, Inc. (NASDAQ:AMD) reported second-quarter earnings last night. While the chip name's earnings and revenue were in-line with expectations, its third-quarter guidance of $1.80 billion came in lower than the $1.95 billion expected due to lower demand for ch...Read More
Alternative energy stock ENPH has had a huge yearClean energy stock Enphase Energy Inc (NASDAQ:ENPH) is set for record highs, trading up 21.5% before the open thanks to a second-quarter earnings beat. This just extends a strong year for the shares, which sport a lead of almost 360% in 2019, closing Tuesday at $21.65. A few bull notes have come through this morning, and today's move could also be g...Read More
A round of analyst bull notes have poured in, tooLattice Semiconductor Corp (NASDAQ:LSCC) stock is up 12.3% in electronic trading, after the programmable logic device maker reported second-quarter adjusted earnings of 15 cents per share on $102.30 million in revenue. This was more than the consensus estimates of 11 cents per share in earnings and $99.72 million in revenue, and bullish analysts hav...Read More
The U.S. and China will reportedly resume trade talks in September Apple (AAPL) earnings are front and center this morning, boosting Dow Jones Industrial Average (DJI) futures, after the tech giant posted quarterly figures that topped expectations and issued strong revenue guidance. The Fed is in focus, too, with the central bank widely expected to cut interest rates later today. Elsewhere, priva...Read More
With today being the last trading day of July, it's a good time to consider seasonal trading ideas for August. Fortunately, traders don't have to veer into the unfamiliar in search of exchange traded funds with solid August track records. The SPDR Gold Shares GLD, +2.40%, the world's largest gold-backed exchange traded fund, is up 11.32% year to date and 1.34% this month, gains that could be exte...Read More
This analyst predicts a major market moving event happening as soon as August 13.After nearly 27-years studying the stock market as a hedge fund manager, broker, and analyst, onesenior analyst thought he was prepared for everything Mr. Market threw his way.But last December he got word of a huge market event that's now less than 60 days away.He sent an urgent note to over 75,000 people who, over...Read More
Debunking the popular notion that small-cap underperformance is ominousOver the past year, the Russell 2000 Index (RUT) -- a barometer of small-cap stocks -- is down over 7%, while the large-cap S&P 500 Index (SPX) is up over 6%. A popular notion is that when there is a divergence between small-cap and large-cap stocks, the direction of the small-caps predicts the future direction of the market in...Read More
* GRAPHIC-2019 asset returns: (Adds aluminium spreads, updates prices)By Eric OnstadLONDON, July 31 (Reuters) - Lead touched a two-week low onWednesday after inventories piled up and a major refineryassured consumers that a maintenance stoppage would not resultin shortages.Markets were on edge ahead of a second set of Chinesefactory data due on Thursday and an expected U.S. interest ratecut later...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Tuesday as investors digested a plate full of earnings reports, the start of the two-day Federal Reserve meeting, and comments from President Trump that cast doubts on the success of U.S. trade talks with China. Tech giant Apple (AAPL - Get Report) is scheduled to report fiscal-third-quarter ea...Read More
By: Jim Willie CB www.Golden-Jackass.com Hat Trick Letter The widespread profound and recognized global recession, complete with numerous icon corporate failures, will lead the US Federal Reserve to return to unlimited Quantitative Easing with a Zero Percent chaser. The Jackass calls it a return to Infinite QE Forever at the Zero Bound. Not only is the double step of return to QE with...Read More
Stewart Thomson, Graceland Updates 1. Is gold finally due to swoon or can it continue to rally?2. The naysayers point to overbought conditions on the weekly charts, COT reports showing a mammoth short position held by the commercial traders, and the upcoming stock market "crash season".3. The bulls point to a peaking US business cycle, inflationary and growth-destr...Read More
By: Jim Willie CB www.Golden-Jackass.com Hat Trick Letter The widespread profound and recognized global recession, complete with numerous icon corporate failures, will lead the US Federal Reserve to return to unlimited Quantitative Easing with a Zero Percent chaser. The Jackass calls it a return to Infinite QE Forever at the Zero Bound. Not only is the double step of return to QE with...Read More
Stewart Thomson, Graceland Updates 1. Is gold finally due to swoon or can it continue to rally?2. The naysayers point to overbought conditions on the weekly charts, COT reports showing a mammoth short position held by the commercial traders, and the upcoming stock market "crash season".3. The bulls point to a peaking US business cycle, inflationary and growth-destr...Read More
(Kitco News) - Longer-term, gold prices are headed much higher than current levels and could even go to $5,000 an ounce, this according to Peter Schiff, CEO of Euro Pacific Capital. "I do think that this is the beginning of the breakout of the consolidation that we've been in for the last several years, but ultimately I think gold's going to go quite a bit higher than $5,000," Schiff told Kitco N...Read More
Investing.com - Gold prices rose on Tuesday in Asia ahead of an expected rate cut by the U.S. Federal Reserve.Gold futures for August delivery on the Comex division of the New York Mercantile Exchange rose 0.3% to $1,424.30 by 12:45 AM ET (04:45 GMT).Markets widely expect the Fed to cut rates by at least 25 basis points this week. Some traders previously speculated the central bank to slash rates...Read More
- Dave KranzlerRegardless of the Fed Funds rate policy decision by the FOMC today, the economy is spinning down the drain. Lower rates won't help stimulate much economic activity. Maybe it will arouse a little more financial engineering activity on Wall Street and it might give a temporary boost to mortgage refinancings. But the economic "recovery" of the last 8 years has been an illusion base...Read More
By: Ira Epstein$1,425.60 keeps the gold price bias to the upside:Read More
David Stockman appears on "Cavuto: Coast to Coast" (Fox Business Network, July 31, 2019)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...Read More
Will Lehr of www.PerpetualAssets.com interviews Jim Willie of www.Golden-Jackass.comJim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Read More
Marc Faber looks at what the global economy and markets are telling us and the brewing global pension crisis.Dr. Marc Faber was born in Zurich, Switzerland and obtained a PhD in Economics at the University of Zurich. Between 1970 and 1978, Dr. Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham...Read More