On January 25th President Trump announced an end to the 35-day partial government shutdown. This day came as a relief to many of the 800,000 government employees and contractors who were left scrambling to cover their bills until their paychecks kicked in again. A lot of people did just fine during the government shutdown, thanks to emergency savings and the added safety net of a working spouse. B...Read More
Here at The Daily Edge, we’re all about finding market plays that can give you an advantage and make you more money.But it’s not just about the cash. Because it really is true that money can’t buy happiness. It’s what you DO with the money that really matters.Of course, I’m talking about things like:Affording the comfortable retirement you truly deserve.Paying for a s...Read More
Tax Day Monday. Have you filed yet?A tax professional friend of mine told me recently that he's surprised every year to see how many people leave their tax filing to the last minute.Continue...Read More
James Kwantes of Resource Opportunities profiles exploration geologist Dennis Moore and his company's Nevada projects. "Hello, you've reached Rock Bottom."It was the greeting for those calling Mongo's Rock Bottom Cafe, the popular expat bar opened by exploration geologist Dennis "Mongo" Moore and a partner in La Paz, Bolivia. That was in the early 1990s, before Bolivia became a rather unfriendly...Read More
This includes when they have sex, details about their pregnancy, moods, and even "the appearance of their cervical fluid."Continue...Read More
There are more than a handful of things I can cite as leading indicators for the Gold price.Ratios such as Gold against the stock market and Gold against foreign currencies are generally good leading indicators. The gold stocks and Silver can function as leading indicators at times. Yhe yield curve and bonds can also be leading indicators. But there is one thing I’ve never mentioned, nor wri...Read More
Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.The most recent factor is the sudden eruption of the long simmering feud in Libya between rival factions. The attack on Tripoli by the Libyan National Army (LNA), a militia led by Khalifa Haftar, led to a spike in oil prices on Monday as the mark...Read More
One of the reasons given for allocating aportion of one’s investment assets to the precious metals sector such asphysical gold is that gold can be considered as an insurance policy against thedevaluation of paper money. On my office wall I have framed various bank notesfrom an 'inflationary' period of time which include the following:2,000,000 marks, Germany 1923100,000,000 Pengos, Hungry 19...Read More
During the course of the past few weeks, we have heard much about the inverted yield curve in three-month and ten-year Treasuries as a harbinger of recessions. Missed in the press reports is the fact that it has also been a harbinger of higher gold prices. In the chart above, please note the upward surges in the price of gold in the five-year periods following the two most recent yield inversions...Read More
US labor market strengthened again and the yield curveinversion looks to be over. Has the sky cleared? Hold on, Brexit is just aroundthe corner. Given the circumstances, are gold prices more likely to rise orfall? AmericaCreates almost 200,000 new jobs in MarchUS economy added 196,000 jobs last month, followinga disappointing rise of 33,000 in February (after an upward revision). Thenumber surpris...Read More
By: IRA EPSTEINGold breaks the downtrend, stalls at 18-DMA..Read More
By: RambusIn part two of the Quarterly Report I'm going to update some long term charts for some of the world stock markets. As you will see many have formed massive ten plus year consolidation patterns similar of what we observed in the first installment of the Quarterly Report which are similar in duration to many of the US stock markets. It's these big multi year consolidation patterns that a...Read More
Considering the dour outlook for Q1 earnings, the stock market's exuberant run-up over the last month feels like Tennyson's Charge of the Light Brigade: "Into the valley of Death rode the 600...' And yet, we know from watching the shares of Boeing, Apple (see chart inset) and Facebook go vertical into a steady stream of negative news concerning each that Wall Street's '600' really don't give...Read More
Trump is now threatening European Union with new trade tariffs. The move is just to support Boeing as its rival Airbus is getting more orders after a Boeing latest plane crashes. A steady decline and decay in the USA-European Union relation is happening as a result of Trump's bully attitude. Gold will rise. European Union will also reduce dependence on American exports and diversify as a counter...Read More
Source: Michael J. Ballanger for Streetwise Reports 04/08/2019Precious metals expert Michael Ballanger discusses movements in the gold and silver markets in the last week, as well as two companies on his radar screen.The past week was an exercise in total lockdown for both gold and silver as the price managers have succeeded, at least for now, in herding investor behavior into a cacophony of c...Read More
Source: Clive Maund for Streetwise Reports 04/08/2019Technical analyst Clive Maund charts gold and discusses the factors he believes point to an imminent rally.I was in receipt of the following erudite communication about Commercial gold short positions yesterday from a friend in Toronto. . ."Re: HOLY SHISA BATMAN: THE COMMERCIALS COVERED OVER 70 000 Gold Short Contracts!!!!!!!!!!!!!!!!!!!!!!!...Read More
The S&P closed lower for the first time in nine daysU.S. stocks finished the day in the red, with the Dow suffering a triple-digit blow on the back of trade tensions with the European Union (EU). A downwardly revised global growth forecast from the International Monetary Fund (IMF) only strengthened headwinds. Boeing's (BA) woes also weighed on the blue-chip index, with the stock sinking 1.5% aft...Read More
Three stocks could help investors double their money in 2019.2019 could be a game-changer for investors... Especially those looking to potentially double their money.Those investors now have a simple blueprint to follow for success.Simply put, these three stocks could be the best way to make money in 2019 -- whether the markets are flying high, or sinking like a ship.This free Investor's Report re...Read More
Data shows stocks with longer win streaks are more likely to close lower the next dayApple (AAPL) looked on the verge of a 10-day winning streak today before falling early afternoon and ultimately closing down on the day. That got me curious about stock winning streaks, but looking only at AAPL leaves a small sample size. I could see these situations either way: Maybe it's a good momentum play, so...Read More
There's also unusual options activity on GWPH and MRVLGrubHub Inc (NYSE:GRUB) put options are trading at six times the normal rate today, with more than 12,000 contracts on the tape. A bulk of this volume occurred at the May 80 put, where Trade-Alert is highlighting an $11 million transaction that is betting on GRUB shares to fall further below $80 in the weeks ahead, though this activity may be t...Read More