Here Are 3 Hot Things to Know About Stocks Right Now Stocks ended higher Tuesday , with positive earnings reports pushing the S&P 500 and the Nasdaq to record closing highs. Coca-Cola (KO - Get Report) posted stronger-than-expected first-quarter earnings as organic sales growth and operating margins showed solid improvements from last year. United Technologies (UTX - Get Report) clim...Read More
The Tuesday Market Minute Global stocks trade mixed, with modest gains in Asia and a dip for European benchmarks, as investors return to the first full trading day following last week's Easter break.Oil extends gains, taking crude to fresh 2019 highs, after the U.S. removed waivers on the purchase of Iranian exports.U.S. earnings continue to dominate trading this week, with around 140 companies...Read More
Investing.com - Prices of safe-haven gold failed to sustain early-session gains on Tuesday, after initially rising following news that the U.S. will end Iran sanctions waivers.Gold futures for June delivery, traded on the Comex division of the New York Mercantile Exchange, were down 0.2%, at $1,275.45 per ounce by 1:33 AM ET (05:33 GMT).Prices had moved higher earlier after the White House decided...Read More
Bob Moriarty ArchivesApr 24, 2019I didan interview a couple of weeks back and predicted that the stock markets would begin a large decline soon. I based that on tea-leaf reading of the DSI readings for the S&P, the Nasdaq and the Nikkei. Since then the DSI for volatility has also dropped to a potential extreme level.In the very first piece I ever wrote about investing in gold and silverI talke...Read More
Having artfully freaked out a whole bunch of investors by breaching nearby support and dropping quite sharply, so that they have panicked and scurried over to the wrong side of the boat again, the PM sector appears to be in the process of reversing to the upside now right where we would expect it to - at the lower boundary of its main upside channel, which we can see to advantage on the 1-year c...Read More
By: Stewart Thomson, Graceland Updates1. The weak physical demand season continues to cause gold to drift with a clear but modest downside bias. 2. Despite the swoon, most top bank analysts are extremely positive in their outlook for gold in the second half of the year. 3. Please click here now. Standard Chartered analyst Suki Cooper notes a high correlation between the Fed's a...Read More
The bull market has gone vertical, suggesting stocks are in a blowoff phase. Where will it end? We'll hazard a guess simply because it's irresistible fun, and because one of these days we're going to get it right. Let me therefore offer 2953.50 for the June contract, or 2974.25 if any higher. Both seem likely to show stopping power, even if equally compelling rally targets got bulldozed on...Read More
By: Ira EpsteinDaily gold market showing it falling apart...Read More
I believe that the fall in gold prices is good for gold jewelry demand in Asia. Prices are still very high in my view all over Asia. The more the correction in Asian gold prices, the more the demand in Asia. There will be a slight dip in gold demand around 6th May in Islamic nations as the fasting month of Ramadan begins. The factors driving down gold are the same (a) Positive view on global e...Read More
Jeff Deist explains why rich capitalists now suggest the erosion of capitalism and if they would be in the same position if they had lived under their alternate economy.Read More
Link to the Slides and Sources: https://www.itmtrading.com/blog/monet...In my opinion, the chart on Monetary Velocity from the Federal Reserve, is the most important chart because it can give us the early warning of hyperinflation. I say this because it's really a measure of the speed that money changes hands and how many hands the same money passes through. In this way, it's a gauge of inflation,...Read More
So far, there's not much going on today with an absence of economic datapoints and other news. So let's take the day to discuss two other items that have been on my mind recently.Continue...Read More
The company's president and CEO hopes the former Secretary of the Interior will contribute to furthering the permitting process for its Wyoming project. On April 16, U.S. Gold Corp. (USAU:NASDAQ) announced the appointment of Ryan K. Zinke, who resigned last December as U.S. Secretary of the Interior, to the company's board of directors.U.S. Gold's president and CEO, Edward Karr, praised the appo...Read More
Recent positive news suggest the US economy spring revival. But what about gold? Will it blossom? Will the gold love trade take reins from gold as a safe haven play?Retail Sales SurgeLast week, the government has released its latest report on the retail sector. The retail sales jumped 1.6 percent in March, the best results since September 2017, as one can see in the chart below.The change was abov...Read More
Saudi Arabia, the world’s top oil exporter and OPEC's largest producer, has influenced the oil market and oil flows since the middle of the 20th century.Shortly after the 21st century began, one of Saudi Arabia's key customers made its first steps toward becoming one of the Kingdom's main competitors on the global oil market: the United States began fracking for oil in the mid-2000s. By the...Read More
The downside potential in precious metalsdiscussed last week is playing out as Gold and gold stocks have broken downtechnically. The global economy appears to be firming andthat is evidenced by a sustained rebound in global equity markets. As a result, the potential for a rate cutwhich pushed precious metals higher is now unwinding. That has caused thebreakdown in precious metals and there is more...Read More
Eight years ago this month, silver started its “next big move”. And that move continues today. It is awesome to behold. See the chart (ten-year history of silver prices) below… After an intraday peak price spike to $49.82, silver has tumbled head first down the mountain slope to its current level of just under fifteen dollars per ounce, at $14.98. That represents a cumul...Read More
Having artfully freaked out a whole bunch of investors by breaching nearby support and dropping quite sharply, so that they have panicked and scurried over to the wrong side of the boat again, the PM sector appears to be in the process of reversing to the upside now right where we would expect it to - at the lower boundary of its main upside channel, which we can see to advantage on the 1-year c...Read More
By: Stewart Thomson, Graceland Updates1. The weak physical demand season continues to cause gold to drift with a clear but modest downside bias. 2. Despite the swoon, most top bank analysts are extremely positive in their outlook for gold in the second half of the year. 3. Please click here now. Standard Chartered analyst Suki Cooper notes a high correlation between the Fed's a...Read More
The bull market has gone vertical, suggesting stocks are in a blowoff phase. Where will it end? We'll hazard a guess simply because it's irresistible fun, and because one of these days we're going to get it right. Let me therefore offer 2953.50 for the June contract, or 2974.25 if any higher. Both seem likely to show stopping power, even if equally compelling rally targets got bulldozed on...Read More