Christine Lagarde, the head of the IMF, will become the head of the ECB. Already, she has made a fool out of herself.Continue...Read More
Things are set for yet more dangerous intercepts and incidents in the South China Sea this summer given Beijing just announced it had closed off an area of the sea near theContinue...Read More
June 28th, 2019(S14-E702)Featured GuestsWolf Richter& Bill MurphyPlease Listen Here - MP3Interview RecapBill Murphy of GATA.org returns to the show with fresh insights on the stunning PMs shares rally, which outperformed the key US equities markets.Gold may have built a final base in preparation for liftoff to $2,000+ in the coming years, as the "Gold Cartel" runs out of physical bullion to s...Read More
It has been a truly glorious month for gold, and the purpose of this update is to point out firstly that the gold breakout of the past week was genuine and secondly that any short term reaction back as far as $1380 or even $1370 will not negate the breakout - instead it should be seized upon as an opportunity to build positions across the sector, especially in trampled down undervalued silver st...Read More
- Jordan Roy-Byrne CMT, MFTAAs I pen this article, Gold is set to close the month and the quarter above $1400/oz and holding the majority of its recent gains. That does not necessitate continued strength but it is a good sign.The technicals and fundamentals are finally in place for Gold. It is outperforming all major currencies and the Federal Reserve is weeks away from beginning a new cycle of...Read More
Gold and silver can fall more after the US-China meeting at G20. Gold will crash if it trades below $1390. Silver will crash if it trades below $1505. Copper and crude oil should rise today. Traders will assess the US-China trade talk. Since details are not yet made public, reaction will be limited. I do not think North Korea will have any impact on currencies or bullion. Do not confuse that tr...Read More
Already legal in 30 states, the tide is turning for medical marijuana.It seems like everyone is looking for a way to make money from the legal marijuana boom...But many don't want to roll the dice and risk their hard-earned money on a penny stock, or spend hours learning how to buy shares of a grower on some Canadian exchange.But there is good news.Marijuana profit-sharing plans are here, and one...Read More
Pot stock profit-share members could receive the next check soon.This one-of-a-kind marijuana profit-sharing plan that could quickly have investors sitting on $17,667... $25,921... $38,898... or even $55,563.And possibly a whole lot more.There are no age limits to this program.No income caps.No complicated hoops to jump through (joining only takes 90 seconds).And most importantly - there are zer...Read More
The S&P hit a record intraday peakNews of a trade truce between the U.S. and China sparked a stock surge out of the gate today, sending the Dow up 290 points in early trading and the S&P 500 to a fresh record high. However, a lack of details from the meeting between Presidents Donald Trump and Xi Jinping and some lackluster factory data had the major indexes paring their earlier gains. The Nasdaq...Read More
The best part? It's risk-free. In an explosive report a former Lehman Brothers executive reveals one of Wall Street's most closely guarded investing secrets.The secret?A proven system for turning small sums of cash into vast windfalls of profits-without risking a penny in the stock market.Essentially, this system uses the latest advances in computer science and financial technology to give inve...Read More
KeyBanc gave 3 reasons it likes Six Flags stockStocks are trading at all-time highs today thanks to the positive trade developments between the U.S. and China. Three names making big moves are financial data provider Cardlytics Inc (NASDAQ:CDLX), cosmetics concern Coty Inc (NYSE:COTY), and amusement park operator Six Flags Entertainment Corp (NYSE:SIX). Here's how the shares of CDLX, COTY, and SIX...Read More
A historically bearish signal just flashed on the charts for 3D Systems stockThe 3-D printing concern 3D Systems Corporation (NYSE:DDD) has been suffering on the charts after an early May bear gap caused the stock to bottom out at a two-year low of $7.81 in mid-June. While the beginnings of a rally can be seen on the charts, the stock quickly lost steam at its 60-day moving average today. This wou...Read More
The fund is higher today on U.S.-China trade buzzThe iShares MSCI Emerging Markets ETF (EEM) is 1% higher at $43.35, boosted by this weekend's upbeat U.S.-China trade headlines. The positive price action has the emerging markets exchange-traded fund (ETF) trading at levels not seen since early May, and one options bull scrambling to up the ante.With roughly two hours left to go in today's trading,...Read More
Twilio options are attractively priced at the moment, tooWhen we last checked in with Twilio Inc (NYSE:TWLO), the cloud stock was flashing a bullish seasonality signal. Now, two weeks later, TWLO has pulled back to two bullish trendlines. If history is any indicator, these pullbacks could precede big runs up the charts.More specifically, Twilio stock is now within 2% of its 80-day moving average....Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
Gold prices suffered their worst single-session decline in a year on Monday to settle below $1,400 an ounce, after a weekend Sino-American trade accord sparked a rally in assets perceived as risky, luring investors away from so-called havens like bullion. President Donald Trump and China President Xi Jinping met on the sidelines of the Group of 20 gathering of major developed nations in Osaka, Jap...Read More
Gold prices suffered their worst single-session decline in a year on Monday to settle below $1,400 an ounce, after a weekend Sino-American trade accord sparked a rally in assets perceived as risky, luring investors away from so-called havens like bullion. President Donald Trump and China President Xi Jinping met on the sidelines of the Group of 20 gathering of major developed nations in Osaka, Jap...Read More
June was a good month for gold, which made for a strong first-half of the year for the precious metal. The price of gold GCQ19, +2.09% rose 10% from $1,280.30 per ounce at the end of 2018 to $1,409.00 at the end of last week. Gold jumped 9% in June (Fig. 1). It finished the month at its second-highest level since May 2013, but still 26% below its record high of $1,895.00 in September 2011. Gol...Read More
Lyft stock has been outperforming since its mid-May lowsShares of ride-hailing service LYFT Inc (NASDAQ:LYFT) are sliding this afternoon, last seen down 3.7% at $63.27. Guiding the plunge is an earlier initiationby Monness Crespi Hardt with a "neutral" rating. The newly public stock has seen a myriad of analyst coverage since its trading debut on March 29. As of Friday's close, 27 analysts were...Read More