"After repeated internal deliberations over the last two days, I now announce that the government has decided to suspend the legislative amendment Continue...Read More
War with Iran would be the beginning of the end...Two more tankers were attacked near the Strait of Hormuz on Thursday morning (6/13/19) in the Gulf of Oman, and if hostilities advance Continue...Read More
Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, rigid ideology or conventional wisdom,...Read More
Gold performed strongly this week, rising $15 from last Friday's close to trade at $1355 in European morning trade Continue...Read More
Jason Burack of Wall St for Main St interviewed returning guest, CEO of Santiago Capital http://www.santiagocapital.com/, Brent Johnson.Is there a #DollarShortage in China as Kyle bass has claimed? What about in emerging markets? In the past, Brent worked as a money manager for banks and larger firms before becoming a gold fund manager. During this 30+ minute, Jason asks Brent about his views on t...Read More
The sun is more than just the center of our solar system. By studying Sunspot Cycles we're able to see how much solar radiation can swing us into a boom or bust.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geo...Read More
For Part 1 of this interview, CLICK HEREMax continues his interview with Michael Pento of PentoPort.com about the gold versus bitcoin markets, a possible digital Special Drawing Right and the 'Drop Gold' campaign working on Millennial buyers of 'store of value.' Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly s...Read More
By: Ira EpsteinGold Fibonacci shows supports below, 18 DMA about to move above the 100 DMA, moving above is a bullish crossover:Read More
Here is the best explanation I've seen to date of how the U.S. stock market works. It is from John Jay, who posts regularly in the Rick's Picks Forum: "The stock market is the primary bag-man the Federal Reserve uses to transfer the U.S. Dollars they create from thin air to the .01%." Just so. When you consider how many hundreds of billions of dollars find their way into the pockets of the ve...Read More
A financial re-set could lead to the biggest political event in decades.The American financial system may be headed towards a crisis, unlike anything the U.S. has seen in the last 50 yearsOne financial guru is predicting a political event that could "reset" the financial system in ways that many Americans will never predict -- and it could lead to "a national nightmare."With growing inequality cau...Read More
Disney stock also boosted the DowIt was a bounce-back session for the Dow today, as energy stocks and Disney (DIS) helped the blue-chip index to a triple-digit rebound after a two-day slump. Investors are monitoring the Gulf of Oman, where two tanker attacks sent oil prices climbing -- and subsequently escalatedtensions between the U.S. and Iran. Specifically, Secretary of State Mike Pompeo blamed...Read More
Breaking down a bear put spread on the real estate fundU.S. real estate investment tracker iShares U.S. Real Estate ETF (IYR) is set for its highest close since early 2007, last seen up 0.3% at $89.55. IYR has been climbing the charts this year, so far up nearly 20%, and today rallied as high as $89.64 -- tying its 12-year peak touched on June 7. Aiding the exchange-traded fund's (ETF) rally ha...Read More
Uber's about to snap its five-day losing streakThe shares of LYFT Inc (NASDAQ:LYFT) and Uber Technologies Inc (NYSE:UBER) are both trading higher today, after Evercore ISI initiated coverage on the ride-sharing stocks with "outperform" ratings and lofty price targets ($74 for Lyft; $60 for Uber). The brokerage firm cited "powerful near term catalysts," and an "improving pricing environment." The b...Read More
American Airlines topped the Nasdaq after J.P. Morgan's bullish earnings prediction While the Dow recovers some of yesterday's losses, several other stocks are seeing a move higher, too. That includes travelname American Airlines Group Inc (NASDAQ:AAL), sporting goods name Callaway Golf Co (NYSE:ELY), and sonar developer Coda Octopus Group, Inc (NASDAQ:CODA).Here's what's moving the shares of AAL....Read More
Morgan Stanley is bullish on Disney+ subscriber growthWalt Disney Co (NYSE:DIS) is by far the best Dow stock today, up 4.3% at $141.55. This comes after Morgan Stanley lifted its DIS price target to $160 from $135 -- a nearly 18% premium to last night's close -- and boosted its Disney+ subscriber growth forecast in part due to brand familiarity, saying it believes "the market has often overstated...Read More
AYX was looking ripe for a bullish options trade in late MaySubscribers to Schaeffer's Weekend Trader Series service justdoubled their moneywith the Alteryx Inc (NYSE:AYX) August 85 call option recommendation. Below, we'll explain how this options trade hit its expected target, leaving speculators with a big win.When we initially recommended the call to subscribers in our May 19 email, the shares...Read More
Short-term contracts are popular on FSLRA few stocks seeing unusual options trading today are First Solar, Inc. (NASDAQ:FSLR), Hexo Corp (NYSEAMERICAN:HEXO), and Tyson Foods, Inc. (NYSE:TSN). Let's see how speculators are approaching the shares of FSLR, HEXO, and TSN. Solar stocks are gaining today after trade authorities made some solar panels exempt from tariffs. For First Solar stock, that mean...Read More
Plus, June 21 is quadruple-witching FridayWhile June has been relatively quiet by Wall Street's standards, the action will heat up next week. Investors have the Federal Open Market Committee (FOMC) meeting to look forward to, plus a press conference from Fed Chair Jerome Powell, who alluded to an interest rate cut earlier in the month. However, CME Group's FedWatch tool suggests the market is expe...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
A look at stocks that tend to outperform during Fed meeting weeksThe Federal Open Market Committee (FOMC) will hold its two-day policy meeting next week, with the central bank's interest rate decision due at 2 p.m. ET on Wednesday, June 19. While CME Group's FedWatch tool pegs the odds of a Fed rate cut at just 24.2% this time around, traders will undoubtedly dissect post-meeting comments from Fed...Read More