ROKU options are attractively priced at current levelsThe shares of Roku Inc (NASDAQ:ROKU) are down 3.7% to trade at $89.04 this morning, after some bearish analyst attention from RBC. The brokerage firm downgraded the streaming stock to "sector perform" from "outperform," while maintaining its price target of $90. The analyst in coverage is still bullish on ROKU long term, and said it "would be...Read More
The drugmaker raised its 2019 revenue forecastAmarin Corporation plc (NASDAQ:AMRN) stock is trading up 6.8% at $20.55 this morning, after the cardiovascular disease specialist said it expects 2019 revenue to arrive between $380 million and $420 million -- up from the previous $350 million estimate -- on improved expectations for Vascepa, with a Food and Drug Administration (FDA) expected to vote o...Read More
The U.S. government is proposing $4 billion in tariffs on European goods The U.S. Trade Representative's (USTR) office last night released details of a proposal to tack on $4 billion in tariffs on a number of European Union (EU) goods, which has Dow futures cooling off this morning after yesterday's G-20 trade relief surge. The S&P is pulling back from record highs too, with futures inching lower...Read More
Large speculators just hit their highest total positions on the euro since late 2016The following is a reprint of the market commentary from the July 2019 edition of The Option Advisor, published on June 28. For more information, or to subscribe to The Option Advisor -- featuring 10 new option trades each month -- visit our online store.It seems too early yet to gauge the full and complete impact...Read More
(Corrects last paragraph to say platinum prices fell 0.2% to$828.75 an ounce and not rose 0.87% to $1,560.51.) * SPDR Gold holdings rose 0.78% on Monday * U.S. threatens tariffs on $4 bln of additional EU goodsBy Diptendu LahiriJuly 2 (Reuters) - Gold prices rose 1.5% on Tuesday, a dayafter posting the biggest one-day percentage fall in 2-1/2years, as U.S. Treasury yields fell on worries over glob...Read More
(Corrects headline to 2-week) * GRAPHIC-2019 asset returns:* Tin price hits a 7-month lowBy Pratima DesaiLONDON, July 2 (Reuters) - Copper prices slid to two-weeklows on Tuesday as the spotlight fell on gloomy prospects foreconomic growth and demand after a batch of weak manufacturingactivity data from around the world.Benchmark copper on the London Metal Exchange wasuntraded at the close, but bid...Read More
A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More
The "Deep State" powers at work could threaten the very backbone of American democracy.A new book may have Washington -- and Wall Street -- squirming in the hot seat.According to the newly-released publication, the dangers to the wealth and well-beings of good, hard-working Americans are now greater than ever!Written by a Washington insider since 1970, this book details how the author believes Ame...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The S&P 500 hit a record close Monday after President Donald Trump saying he'll ease export restrictions on U.S. companies doing business with China's Huawei Technologies. Chipmaker Nvidia (NVDA - Get Report) rose following the easing of export restrictions on Huawei. Nvidia is Real Money's Stock of the Day. Shares o...Read More
The Monday Market Minute U.S. equity futures point to fresh record highs on Wall Street Monday following a breakthrough in U.S.-China trade talks and a surge in global oil prices.President Trump says the U.S. is 'back on track' after agreeing to re-start talks with China, pause fresh tariffs and loosen export restrictions on Huawei TechnologiesEuropean stocks book solid gains, led by the trade-s...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:admin@guswinger.comJuly 2, 2019 Major fundamental processes and events create the large chart patterns seen on the monthly charts. It’s important for gold and stock market investors to stay focused on the big picture, both technically and fundamentally. To view the big technical picture for gold, pleas...Read More
Stewart Thomson, Graceland Updates 1. Major fundamental processes and events create the large chart patterns seen on the monthly charts. It's important for gold and stock market investors to stay focused on the big picture, both technically and fundamentally.2. To view the big technical picture for gold, please click here now. Double-click to enlarge. 3. Since 2001, my propriet...Read More
David HaggithThat didn't take long. On Saturday, well before the US stock market opened post-China-trade-talks, I wrote:The next step for the market would likely be that the remaining stock indices that have not pushed past their own previous peaks would now punch through. By that ... I meant those indices like the Dow that were very close to breaking past their old heights"Best-Case Scenario Ha...Read More
- Avi GilburtNote: Ryan Wilday and I just co-wrote this crypto article, and we thought you may find it interesting.Recently, the Winklevoss twins (who founded the Gemini crypto exchange) coined Bitcoin as 'Gold 2.0.' To support their perspective, they cited Bitcoin's scarcity, its fungibility and its portability as meeting or exceeding that of the yellow metal. Greyscale Investments, th...Read More
By: Ira EpsteinGold 18-DMA support $15 away:Read More
Stocks remained in the grip of a low-grade euphoria Monday, lightened by what is being referred to in the news as a 'thaw' in trade relations between the U.S. and China. No one expected much to happen on the trade front, and nothing much did other, perhaps, than a weekend during which there was no appreciable escalation in the tariff war. In this euphoric phase, stocks have generally wafted hi...Read More
David Morgan a/k/a Silverguru and I have been covering the precious metals markets for nearly 8 years. It's often been an exercise in futility. However, now David and I are relatively confident that the wait is over. And we're putting our money where our mouths are. This cycle could go on for quite some time. And silver hasn't even begun to join the fun. It's always the laggard in these market gyr...Read More
Topics:- Current state of the manipulation of gold & silver- How important is this week for the gold cartel?- Why has silver barely moved higher in price?- What's going on with the gold-to-silver ratio?- The gold standard, Freedom & Liberty- What if the cartel can't contain price this week?- The risk-reward for gold & silver and the gold-to-silver ratioBill Murphy is a former American professional...Read More
Nouriel Roubini, a professor at NYU's Stern School of Business and Chairman of Roubini Global Economics, was Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.Read More
Mike Maloney has been giving updates on the 'Death of the Global Dollar Standard' since 2009...join him in this latest video as he discusses one of the biggest nails in the dollar's coffin to date. Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and silver sales/storage and one of the world's most highly r...Read More