Stefan Molyneux of Freedomain talks about the coming economic crisis with Lynette Zang of ITM Trading - why are interest rates staying so low, what is happening with the massive increases in consumer, government and business debt? What is the fate of the US dollar?How can you protect yourself and your family during the upcoming crisis?Lynette Zang has held the position of Chief Market Analyst at I...Read More
Jun 24, 2019 Guest(s): Mark Chalmers President and CEO of Energy Fuels While concerns surrounding uranium mining near the Grand Canyon have garnered national media attention, one producer is petitioning the government saying it is essential to avoid a national security threat. Mark Chalmers, chief executive officer of Energy Fuels Resources is the company looking to produce uranium on this conte...Read More
Jun 24, 2019 Guest(s): Joyce Choi Director, Fixed Income Product Strategy at BlackRock Despite bond yields being at multi-year lows, the Fed is expected to continue cutting rates, further bringing down the U.S. 10-year yield, said Joyce Choi, director of fixed income strategy at BlackRock"We expect more G10 central banks to be in a more rate cutting or a maintenance of rates mode. We do expect o...Read More
-Gary TanashianIt's not a chart of nominal HUI with upside technical targets. We'll do that in NFTRH this weekend, along with the usual individual miners. Rather, it's a companion to other charts we've been reviewing over the last several months showing the under valuation of the gold stock sector relative to gold's performance vs. cyclical assets/markets. For example, gold has risen strongl...Read More
- Steve St. Angelo, SRSrocco Report After five long years, the gold price has finally broken through a key resistance level and is now heading towards $1,400. When the Fed announced possible rate cuts starting in July, after the market closed, the gold price shot up and continued higher during Asian trading. If gold closes above $1,400 by the end of the month, it could be setting the stag...Read More
- Gary SavagePost FOMC update:Read More
Billionaire investor Paul Tudor Jones must be rolling in bullion right now. The famed hedge-fund investor made a notable call last week, citing a cocktail of a dovish Federal Reserve and heightened geopolitical tensions as a perfect time to buy bullion and stocks. Here's what the macro trader told Bloomberg Markets in an interview on June 12. "I think one of the best trades is gonna be gold. If...Read More
U.S.-Iran tensions escalated after a drone was shot downThe Dow locked up a 249-point gain today, as well as its fourth straight win and highest close since Oct. 3's record highs. Wall Street continued to cheer yesterday's dovish Fed comments, helping the S&P 500 nab a new intraday record high, and ushering gold futures to a big win. Oil prices also had a monumental day, surging on accusations tha...Read More
Calls have become a hot commodity on this gold ETFVanEck Vectors Gold Miners ETF (GDX) options are on fire today, with the exchange-traded fund's (ETF) calls flying off the shelves. The ETF was last seen up 3.7% at $24.90, and fresh off an annual high of $25.17, rallying alongside gold prices after the Fed's dovish comments yesterday, which has traders pricing in a July rate cut. GDX is now up 18%...Read More
Options bears are circling CHWY stock todayIt's been a red-hot year for initial public offerings (IPOs). While big names Beyond Meat (BYND) and Uber Technologies (UBER) have stolen most of the limelight, online pet supplies retailer Chewy Inc (NYSE:CHWY) made its trading debut last Friday, June 14, opening at $36 -- well above its IPO price of $22.CHWY stock topped out at a record high of $41.34 o...Read More
Edesa just got FDA approval to proceed with its dermatitis study The S&P hit a new intraday high earlier today as investors digested dovish comments from the Fed. Three individual stocks making notable moves today are drugmakers Edesa Biotech Inc (NASDAQ:EDSA) and DiaMedica Therapeautics Inc (NASDAQ:DMAC), as well as mobile payments processor Net Element Inc (NASDAQ:NETE). Here's a look at what'...Read More
Gold prices shot to their highest settlement since 2013 on Thursday, as investors flocked to the metal after the U.S. Federal Reserve left key interest rates unchanged but shifted away from its "patient" stance on monetary policy. "Central banks everywhere are preparing to cut rates and re-start [quantitative easing], opening up a new front in the global trade war," said Adrian Ash, director of re...Read More
Gold prices shot to their highest settlement since 2013 on Thursday, as investors flocked to the metal after the U.S. Federal Reserve left key interest rates unchanged but shifted away from its "patient" stance on monetary policy. "Central banks everywhere are preparing to cut rates and re-start [quantitative easing], opening up a new front in the global trade war," said Adrian Ash, director of re...Read More
Both healthcare stocks scored lofty new price targets todayBiotech concerns Precipio Inc (NASDAQ:PRPO) and Aptinyx Inc (NASDAQ:APTX) scored new analyst ratings today, with the brokerage firms expecting big moves for the penny stocks. Both equities have struggled so far in 2019, but their new price targets suggest Wall Street is rolling the dice on a comeback.Alliance Global Partners launched cover...Read More
The shares are nearing their record high from early JuneThe shares of Coupa Software Inc (NASDAQ:COUP) gapped nearly 10% higher on June 4, after the Business Spend Management software specialist's strong earnings report was met with a round of bullish brokerage notes. The tech stock went on to tag a record high of $129.40 on June 10, and following a brief consolidation atop its 10-day moving avera...Read More
Plus, GDP data is due next weekAll eyes will be on the two-day G-20 summit meeting that begins on Friday, June 28, in in Osaka, Japan. After months of speculation, trade tensions, and new tariffs, President Donald Trump and Chinese President Xi Jinping will meet to discuss a trade deal. But prior to the big geopolitical summit, there's plenty to keep investors occupied. There will be blue-chip ea...Read More
And options are attractively priced at the momentCereal maker General Mills, Inc. (NYSE:GIS) will step into the earnings confessional n before the open next Wednesday, June 26. At last check, GIS is up 0.8% to trade at $53.79 today, and earlier nabbed a new annual high of $53.89. Ahead of the event next week, there is a reliable signal flashing that indicates GIS' hot streak is far from over.Spec...Read More
KMX has garnered bullish attention from analysts this weekCar resale giant CarMax, Inc (NYSE:KMX) is slightly lower this afternoon, last seen down 0.6% at $83.01. Traders are most likely gearing up for the company's first-quarter earnings report, slated for release before the market opens tomorrow,June 21. Below we will take a look at how KMX has been doing on the charts, and what the options mar...Read More
Canopy Growth is set to reveal its fiscal fourth-quarter earnings after today's close Canada-based marijuana concern Canopy Growth Corp (NYSE:CGC) is trading higher today, up 1.3% at $43.31, right ahead of the firm's fiscal fourth-quarter earnings release after the close today. The weed stock is higher after shareholders approved the company's acquisition of Acreage Holdings yesterday evening. Can...Read More
Middle East tensions are driving oil prices higherIt's a record-setting session on Wall Street, with the S&P 500 Index (SPX) running to a new record intraday high this morning, as stocks continue to react to Wednesday's dovish Fed comments. The Dow Jones Industrial Average (DJI) is surging, too, coming within 190 points of its Oct. 3 all-time peak earlier, while the Nasdaq Composite (IXIC) is also...Read More