The tech concern will unveil its fourth-quarter earnings after tomorrow's closeData center concern Switch Inc (NYSE:SWCH) is scheduled to report its fourth-quarter earnings after the close tomorrow, March 12. In anticipation of this report, SWCH stock is up 2.7% at $8.29 -- set to snap a three-day losing streak. Below, we take a look at how Switch shares have been performing on the charts, and wha...Read More
Apple shares are lifting the DowStocks arehigher this afternoon, with the Dow Jones Industrial Average (DJI) in the black despite major losses for Boeing (BA) stock. Bolstering the index is FAANG stock Apple (AAPL), which is up more than 3% after a fresh "buy" rating. Meanwhile, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also comfortably higher at midday. With a push from this mornin...Read More
The bearish call isn't keeping DO stock price down today, thoughThe shares of Diamond Offshore Drilling Inc (NYSE:DO) have made a beeline lower since topping out above the round $20 mark back in October. And while the $9 neighborhood has served as a floor during this recent decline -- the lowest the stock ever traded was $8.78 on Jan. 2 -- Goldman Sachs thinks there's more downside to come, with t...Read More
Our Senior V.P. of Research looks at the closely watched 2,800 mark on the S&P 500Schaeffer's Senior V.P. of Research Todd Salamone stopped by CNBC's Squawk Box this morning, where he discussedthe Fed's dovish stance and why it could result in the S&P 500 Index (SPX) moving past the stubborn 2,800 mark. To watch Todd's full remarks, click on the video player below. And to stay up to date with all...Read More
Higher volatility could be on the horizon, if past is prologueThe Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) last week dropped every single session, marking the first time the indexes suffered a simultaneous five-day losing streak since November 2016, just before the presidential election. Below, we take a look at how the stock market barometers have fared...Read More
NKE stock touched a record high just last weekShoe giant Nike Inc (NYSE:NKE) is slightly elevated this morning,up 0.9% at $85.53, after Cowen and Company analyst John Kernanhiked his price target on the stock to $92 from $90. Further, Kernan explained that compared to competitor Adidas, Nike does well with its tightly controlled supply launches, which drive consumer engagement and full-price sal...Read More
Use the above link to subscribe to the paid research reports, which include coverage of critically important factors at work during the ongoing panicky attempt to sustain an unsustainable system burdened by numerous imbalances aggravated by global village forces. The historically unprecedented ongoing collapse has been created by compromised central bankers and inept economic advisors, whose int...Read More
StrengthsThe best performing metal this week was silver, up 0.87 percent and rallying strong on Friday alongside gold. Gold traders were again split this week on their outlook for gold as U.S.-China trade talks remain in the headlines. The yellow metal advanced the most in two weeks on Friday morning as investors awaited the release of the February jobs report for clues on the health of the econ...Read More
Analysts set high price targets on AAPL and FB stocksFAANG stocks Apple Inc. (NASDAQ:AAPL) and Facebook, Inc. (NASDAQ:FB) received analyst upgrades this morning, and the shares of both tech companies are trading higher as a result. We'll take a closer look at AAPL and FB below. For Apple, BofA-Merrill Lynch upgraded the iPhone maker to "buy" from "hold" and boosted its price target to $210 from $1...Read More
By: Ed SteerYESTERDAY in GOLD, SILVER, PLATINUM and PALLADIUMThe gold price edged quietly sideways once trading began at 6:00 p.m. EST on Thursday evening in New York -- and that lasted until around 9:20 a.m. China Standard Time on their Friday morning. It began to head higher from there -- and that lasted until shortly before 9:30 a.m. in London. It crept quietly lower from that juncture un...Read More
This is a pair of photographs taken by Keith Weiner, for a high school project. It seemed a fitting picture for the dual nature of money, the dual nature of wood both as logs to be consumed and dimensional lumber to be used to construct buildings.Last week, in Is Capital Creation Beating Capital Consumption, we asked an important question which is not asked nearly often enough. Perhaps that's...Read More
By: Ira EpsteinRead More
NVDA shares have consolidated below $160 recentlyThe shares of Nvidia Corporation (NASDAQ:NVDA) are up 1.9% to trade at $153.36, after the chipmaker agreed to buy Israel-based Mellanox Technologies (MLNX) for $6.8 billion in cash, the largest deal in the company's history. Nvidia reportedly beat out rival Intel (INTC) for the bid in an effort to expand data center technology. However, the company...Read More
BA hasn't had six straight daily losses since NovemberThe shares of Boeing Co (NYSE:BA) are crumbling today, after one of the firm's 737 Max 8 planes run by Ethiopian Airlines crashed over the weekend -- resulting in 157 fatalities, and marking the second deadly crash for this specific plane in the last six months. In reaction, China, Indonesia, and Ethiopian Airlines have grounded 737 Max 8 aircr...Read More
Chrome prices were rising in China in the week ended Friday March 8 due to expectations of higher alloy tender prices for April and lingering concerns about power supplies. UG2 price jumps by $11 per tonne Turkish lumpy chrome ore price stirs Imported and domestic ferro-chrome prices rise in China Alloy prices rise in Japan, South Korea and Europe Alloy prices weaken in US.Chrome ore and ferro-chr...Read More
Axovant stock is pacing for its best day in months The shares of biotechnology concern Axovant Sciences Ltd (NASDAQ:AXGT) are up 54% at $2.28 in early trading after announcing successful phase 2 trial results for itsParkinson's treatment, AXO-Lenti-PD. The news has the penny stock at the top of the Nasdaq and pacing for its best day in months. The equity has filly its early December bear gap in t...Read More
Source: Michael J. Ballanger for Streetwise Reports 03/08/2019Sector expert Michael Ballanger offers his take on how PDAC has affected the gold and silver markets.I was looking over the charts last night (over a fine Merlot and some fava beans), trying desperately to avoid the temptation of attending that embarrassment of capitalism called PDAC. The mining conference held annually in Toronto h...Read More
Stocks extended their short-term downtrend on Friday before bouncing off and closing slightly lower. Investors continued to take profits off the table following the two-month-long advance. Is this a downward reversal or just a correction before another leg higher?The U.S. stock market indexes lost 0.1-0.2% on Friday, as investors continued to take profits off the table following two-month-long adv...Read More
Use gold to protect any IRA, 401(k), or retirement account from a looming financial crisis. Every American needs to learn how to protect and secure their retirement against the worst stock market crash in history, and this IRA/401KInvestment Guide 2019 is one way the average American can help protect their investments in the event of a crisis.Jim Rickards is the nation's most vocal and intellig...Read More
The Chinese domestic ferro-silicon price rebounded last week on short covering due to market worries about a fall in supply the week before, while the European price fell by ?,?10 ($11) per tonne after a recent tender for second-quarter delivery was settled below the spot market price. China market jumps more than 5%Supply worries grip the marketEurope price drops after Q2 settlementUS market drop...Read More