I recently told you about my weekend hospital visit that totaled $30,124 from a surfing accident I had back in December. Fortunately, my insurance erased more than 90% of that bill and the total cost for the stay ended up being just a couple grand. But what if I didn't have insurance or what if my visit wasn't covered? I've been thinking more about what people do when they're stuck with high ho...Read More
Mar 06, 2019 Guest(s): Bob Thompson Senior VP & Portfolio Manager, Raymond James According to the "mining clock," a concept used to measure commodity cycles, we are now in the first third of a bull cycle, said Bob Thompson, Senior Vice President & Portfolio Manager of Raymond James. "The mining clock is just a simple way to see what's happening in the market, reverse engineer that, and then...Read More
Kyle Bass talks China, markets and the Fed.Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities.Read More
National Legal and Policy Center (NLPC) filed a formal Complaint today with the Federal Election Commission (FEC) against Rep. Alexandria Ocasio-Cortez (D-NY), her chief Continue...Read More
Proceedings in the federal class-action anti-trust lawsuit against JPMorganChase charging the investment Continue...Read More
This is the twenty-first century equivalent of the Nazis taking out the books from university libraries and burning them. Can you think of Continue...Read More
Mar. 1st, 2019(S14-E685)Featured GuestsProf. Burton Malkiel& Bill MurphyPlease Listen HereFormer NFL player Bill Murphy of GATA.org returns with commentary on the stunning advance in palladium. The former industrial metal has an inversion of the typical market dynamics, eclipsing the precious metals king. The host proposes a chief factor sending Palladium higher while gold and platinum remai...Read More
By: IRA EPSTEINGold market -- weekly chart, sideways action galore. Upside momentum lost, higher highs and higher lows is lost:Read More
Stocks were gaining on Friday, as investors' sentiment improved once again. However, the S&P 500 index remained close the 2,800 resistance level. So is this a topping pattern or just a pause before another leg up?The U.S. stock market indexes gained between 0.4% and 0.8% on Friday, as investors' sentiment improved once again. The S&P 500 index retraced more of its October-December downward...Read More
The stock markets have slumped today. For once, investors have not bought the “close” headlines in reference to US-China trade deal. However, the dollar has remained supported for now, despite US President Donald Trump’s latest criticism of the Fed’s Chairman Jay Powell. As a result, safe-haven gold has not been able to benefit in a meaningful way yet. However, the precious...Read More
It was a volatile trading day on Wall StreetThe Dow explored a 544-point range on both sides of breakeven, eventually settling with a more than 200-point loss as concerns that stock valuations have run "too far, too fast" offset optimism around a potential U.S.-China trade deal. The risk-off backdrop was further stoked by a weak reading on construction spending and a sharp sell-off for UnitedHealt...Read More
Gold, silver and mining stocks plunged on Friday and the yellow metal closed the week below the $1,300 barrier. The gold-silver ratio soared once again and it all happened in tune with our expectations, and despite the recent dovish comments from the Fed. And – believe it or not – we have something much more important and exciting about the precious metals sector to tell you today. &nb...Read More
Mike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr. Celente is perhaps most well-known trends forecaster in the world and it's always a joy to speak with him. Mr. Celente, thanks for the time again today and welcome back. Gerald Celente: Oh, thanks for having me on, Mike. Mike Gleason: Well, Gerald, the Trends Journal is forecasting...Read More
Subscribers just doubled their money with the April 110 callSubscribers to Schaeffer's Weekend Trader Series service doubled their money with the Eli Lilly And Co (NYSE:LLY) April 110 call. Here's a quick look at why we expected a big upside move from the pharmaceutical stock, and how the profitable options trade unfolded.When we entered the position on Monday, Jan. 7, Eli Lilly was sitting 50% a...Read More
Gold's decline is necessary preparation for next phase of the recovery.Improving China, copper outlooks support gold's longer-term uptrend.Sellers are in control of gold's short-term trend for now, however.Gold's broke a psychologically important trend line last week, announcing the commencement of its first real "correction" since November. The resulting flurry of commentaries on gold...Read More
Barrick Gold's (TSX:ABX)(NYSE:GOLD) chief executive Mark Bristow said Monday he's open to negotiate with rival Newmont about a deal to work together in Nevada, but only if his company runs the operations."Nevada, with a combined 76M ounces, will be worth a whole lot more if it is run by one operator," Bristow said earlier in the day, adding that Barrick can do that more efficiently than Newmont....Read More
PLCE and CTL are two of the worst stocks on Wall Street todayThe Dow is down today, erasing early morning gains after some weak economic data. Among the stocks struggling are airliner Hawaiian Holdings, Inc. (NASDAQ:HA), kids clothing concern Children's Place Inc (NASDAQ:PLCE), and telecommunications name CenturyLink, Inc. (NYSE:CTL). Here's a quick look at what's got the shares of HA, PLCE, and...Read More
Tesla isn't the only electric automaker in the newsWhile Tesla (TSLA) is making headlines again today with a weekend update on its Model Y SUV, rival Kandi Technologies Group Inc (NASDAQ:KNDI) is also in the news. Specifically, the China-based firm's joint venture with Geely Group, Kandi Electric Vehicles, entered a strategic partnership with China Resources and Ship Natural Gas for operating and...Read More
The ecommerce company just announced its partnership with Office Depot The shares of Alibaba Group Holding Ltd (NYSE:BABA) are extending their rally today -- up 0.9% at $185.46, at last check -- in the wake of BABA's partnership with Office Depot (ODP). The two companies plan to launch a co-branded website specializing in online sales to small- and medium-sized U.S. businesses. The Chinese e-comm...Read More
Has gold broken decisively down? Risk Warning for Financial Promotions Hantec Markets' various market reports and commentary are issued by Hantec Markets Limited, who is authorised and regulated by the Financial Conduct Authority (FCA) in the UK, No. 502635. The reports are prepared and distributed for information purposes only. Trading in Foreign Exchange (FX), Bullion and Co...Read More