Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
This weekend's meeting between Presidents Trump and Xi will likely set the stage for the U.S. economy moving forward into 2020Continue...Read More
UBS said on Monday that the world's economy is on the razor's edge of a recession, meaning the Federal Reserve could cut interest rates soon. Central banks tend to ease Continue...Read More
Remember when it was pure tinfoil-hat conspiracy theory to accuse one or more banks of aggressively, compulsively Continue...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
LONDON, 25 June 2019 - Quarterly fine-arts magazine Arts & Collections today quotes BullionVault data in an article on its website looking at the pros and cons of holding gold objects for investment.You can read the article here:Is Gold an Investment to Treasure? Read More
LONDON, 25 June 2019 - Germany's publicly-funded international broadcaster Deutsche Welle today quotes BullionVault director of research Adrian Ash in a report online about how US foreign policy is driving gold prices higher.Launched 66 years ago, DW aims to share a German perspective on world events, thereby helping "promote understanding between cultures and peoples."Commenting on the US-China t...Read More
StrengthsThe best performing metal this week was gold, up 4.26 percent. Gold traders and analysts were surprisingly neutral on their price outlook for the yellow metal after it hit a five-year high this week and broke above $1,400 per ounce. Bullion got a huge boost after the Federal Reserve kept interest rates unchanged on Wednesday...Read More
- SRSrocco What happens to the gold price this week will likely set the trend for the foreseeable future. While many precious metals investors disregard technical analysis and key chart formations, you can bet your bottom dollar that large traders and institutions are watching the price action of the yellow metal quite carefully. And if you think that these large traders and institutions...Read More
By: Ira EpsteinUS Dollar took a beating, FOMC leaning on cutting interest rates. One of the board members wants a 50bps cut already. If China and US get together at the G20 then things can change:Read More
Here are three numbers to jot down to get an accurate and potentially useful 'read' on the aging bull market: 27,436, 28,738 and 33,161. These are 'Hidden Pivot' resistance targets for the Dow Industrials, and any one of them could stop the bull in its tracks. Each is a good place to attempt getting short with a tight stop-loss, but if the stop gets pulped, assume that the next-higher target...Read More
The S&P 500 and Nasdaq both took breathers todayThe Dow started the last week of June with modest gains today. The same could not be said for the S&P 500 and Nasdaq, though, as both closed in the red. Investors exercised caution ahead of Friday's G-20 meeting between U.S. and China leaders, and kept an eye on other geopolitical developments, including newly imposed and "hard-hitting" U.S. sanctio...Read More
Hair and makeup stocks like Sally are suffering after Amazon announced its beauty store for professionals The Dow is trading higher today, but the upside is modest ahead of this week's big G-20 summit. However, several individual stocks are making big moves, including retailer Sally Beauty Holdings, Inc. (NYSE:SBH), as well as drug stocks Minerva Neurosciences Inc (NASDAQ:NERV), and Krystal Biote...Read More
Year-to-date Lennar stock has added more than 31%Home construction concern Lennar Corporation (NYSE:LEN) is up 1% at $51.83 this afternoon, continuing its long-term climb on the charts. Traders are gearing up for the company's second-quarter report, slated for before the market opens tomorrow, June 25. Down below we will take a look as to how Lennar stock has been performing on the stock market...Read More
Makeup retailers are reeling on big-cap competition concernsThe shares of Ulta Beauty Inc (NASDAQ:ULTA) are in the red this afternoon, after FAANG name Amazon.com (AMZN) unveiled the Amazon Professional Beauty Store for state-licensed cosmetologists, stylists, and aestheticians. Ulta -- which sells cosmetics, including Kylie Jenner's brand -- and other beauty stocks are reeling in light of the big...Read More
Gold prices continued their march toward a six-year high on Monday, with weakness in the U.S. dollar and 10-year Treasury yield, expectations for lower interest rates among global central banks and geopolitical concerns all contributing to haven demand for the precious metal. "A modestly weaker U.S. dollar, as measured on the U.S. Dollar index DXY, -0.05% and slightly lower yields on the U.S. 10-y...Read More
RIOT options are seeing heavy trading todayIn the wake of Facebook's cryptocurrency reveal, the blockchain sector has made outsized moves lately, with Bitcoin crossing the $10,000 level over the weekend to trade near 15-month highs. This has Riot Blockchain Inc (NASDAQ:RIOT) stock up 18.2% to trade at $3.24 today -- set for its best day since April 2 -- and it appears options traders are targetin...Read More
How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More
DIS and TWTR weeklies are popular today, tooTwo names that just popped up on a list of stocks that have seen the most weekly options activity in the past 10 days, according to Schaeffer's Senior Quantitative Analyst Rocky White, are Walt Disney Co (NYSE:DIS) and Twitter Inc (NYSE:TWTR). We'll dig into DIS and TWTR shares to see how traders are positioning themselves. Disney stock is in focus today...Read More