This is the second upgrade the stock has seen in as many weeksThe shares of Stitch Fix Inc (NASDAQ:SFIX) have swung 3% higher this morning to trade at $27.70, after Stifel upgraded the online personal styling name to "buy" from "hold," saying recent weakness in the retail stock creates an "attractive entry point." The brokerage firm also sees growth opportunity in the U.K., and thinks new features...Read More
The White House will host a chipmaker summit to discuss the Huawei banIt's a big morning for the semiconductor sector, after a Friday report that White House economic adviser Larry Kudlow and Treasury Secretary Steven Mnuchin will meet with tech executives to go over the U.S. ban on sales to China's Huawei Technologies. Perhaps the stock enjoying the news the most is Micron Technology, Inc. (NAS...Read More
The pre-Fed meeting week is packed with earnings reports from big namesWith investors turning a hopeful eye to an earnings-packed week, Dow Jones Industrial Average (DJI) futures are tacking on gains, following Friday's choppy trading session. Specifically, investor focus will be turned towards upcoming quarterly reports from several FAANG stocks, including Amazon (AMZN) -- which just got a price-...Read More
Gold is robust and sometimes anti-fragile making it a great addition to any portfolio especially with an uncertain future.Expanding debt in the corporate and government sector eludes to an uncertain future.Owning tangible gold is the best method for hedging.I have increased my position in gold because I feel uncertainty about the future has increased. Gold has long been a commodity that is robust...Read More
A closer look at the small-cap chart pattern that "screams indecision""Do not be surprised if round numbers like SPX 3,000 and Dow Jones 27,000 act as barriers in the short term. For what it's worth, SPX 3,008 is around 20% above the 2018 close, and could act in concert with SPX 3,000 as resistance. There was evidence of this resistance on Wednesday and Thursday, as the SPX effectively went sidewa...Read More
* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, July 22 (Reuters) - Nickel prices fell on Monday asspeculators locked in profits by liquidating bullish positionsafter the market surged to levels not supported by currentsupply-demand fundamentals.Other industrial metals prices were also in the red, underpressure from a firmer dollar and uncertainty about globalecono...Read More
July 19th, 2019(S14-E705)Featured GuestsBill Murphy& Bob HoyePlease Listen HereInterview RecapBill Murphy of GATA.org returns to the show with fresh insights on the recent PMs shares rally that continues to parallel the success of the US shares. One positive contrarian indicator, coin shop owners are telling our guest that demand remains sluggish, despite the strong upward market activity. Joh...Read More
- PlungerThis weekend I would like to review the state two markets. The general stock market and the precious metals market. Following this I will give an update on Plungers Core-7 portfolio.Consider this report an opportunity to read an alternative view of the markets. My views of the major averages are certainly at odds with consensus opinion. Furthermore, they are also at odds with th...Read More
It's a case of "so far so good" for gold, which is breaking out on schedule from its giant complex Head-and-Shoulders base that may also be classified as a Saucer base, as can be seen on its latest 10-year chart...On the 4-year chart we can see that gold's breakout move last month has resulted in its becoming overbought, which partly explains why is hasn't gone anywhere in recent weeks. This is...Read More
Traders dumped stocks in the final hour on Friday, hinting that there actually is a threshold at which bad news begins to matter. For one, Black Rock, arguably the smartest money on the planet, reported a 7% drop in profits. If they can't cut it, is there any hope for the rest of us? In the Middle East, Iran was doing more than merely rattling its saber: agents of the mullahs boarded and seize...Read More
A debt deal was just reached today and almost no one cares. What has happened to the country? The debt limit used to be a big deal. How much debt can we produce before something happens to the global economic system? John and I agree that we're going to find out soon. People have finally rediscovered gold and silver. Unless something drastic happens, this only the beginning. Buckle your seatbelt n...Read More
Jim 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
Comey was essentially "running a covert operation" against Trump - which began with a private "defensive briefing" shortlyContinue...Read More
Jason goes on a rant about pension funds in the US being ripped off or defrauded by private equity, hedge funds and Wall Street investment banks as well as politicians that lied and over-promised cushy retirements to voters that they knew could not mathematically be paid for at the state and local level without bailouts from the US federal government (US taxpayer then screwed over) and the Federal...Read More
"At some point, the grains will be the biggest winner."Read More
Looks like gold has broken out just as Gerald Celente was expecting. And now it's going to get worse. Seems like there's nothing that can stop the trends that are currently taking place. Gerald has a lot more forecasts and you'll have to listen to find out.Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2...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
"OpenAI and Microsoft's vision is for artificial general intelligence to work with people to help solve currently intractable multidisciplinary problems, including global Continue...Read More
Why is no one in the D.C. political class and media bubble really talking about the Jeffrey Epstein affair? They will mention it casually, but they prefer to allow the Squad to callContinue...Read More