*This interview was recorded on 8/23/19David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the author of The Great Deformation:...Read More
For Part 1 of this interview, CLICK HEREMax Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this te...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
Numerous women have come forward to describe abuse at the hands of infamous pedophile Jeffrey Epstein and his circle. Meanwhile, prosecutors are trying to bring the case against Epstein to an end on account of his suicide. Investigative journalist Ben Swann explains why the case is far from closed. Read More
The 30-year bond yielded 1.961% and was on pace to close below the 3-month bill yield for the first time in twelve years.Continue...Read More
And the punchline: "There's even an argument that the election itself falls within the Fed's purview."Continue...Read More
Profit-lock enthusiasts can buy a breakout over $30 and place a stoploss at $27.50. A move above $30 opens the door for a violent surge to $37-$39.Continue...Read More
In this video we opine on the Gold CoT and why conventional CoT analysis can lead you astray without the help of technical and fundamental analysis.Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated inv...Read More
Stocks started strong but the major indexes finished in the redStocks gained out of the gate, but the upside was capped amid negative trade headlines and more recession fears. The Dow, S&P, and Nasdaq all traded on both sides of breakeven before ending lower, with the former index failing to capitalize on a big move from Johnson & Johnson (JNJ). A deeper inversion in Treasury yields only added to...Read More
A federal court upheld a patent ruling against the generic drugmakerThe U.S. stock market has erased its earlier lead on renewed U.S.-China trade tensions. Among individual names making volatile moves are burger chain Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB), generic drugmaker Mallinckrodt PLC (NYSE:MNK), and software solutions firm SilverSun Technologies Inc (NASDAQ:SSNT). Here's a quick loo...Read More
Bloomberg said China's antitrust authority is probing Tencent MusicChina-based streaming service Tencent Music Entertainment Group (NYSE:TME) is under fire today, after Bloomberg reported that the company is being probed by China's antitrust authority, which could snuff out several exclusive licensing deals with the likes of Sony Music Entertainment, Warner Music Group, and others. The report has...Read More
TECD shares recently fell below the 200-day moving averageTech Data Corp (NASDAQ:TECD) shares are falling sharply today after Citigroup cut its price target to $91 from $100. The brokerage firm put the stock on a list of names it believes are seeing negative catalysts, and expects the company's second-quarter results to come in at the lower end of the expected range. Citi believes TECD is still wo...Read More
The DJI was up more than 150 points earlierThe Dow Jones Industrial Average (DJI) has reversed course at midday, erasing early gains sparked by China's announcement that it might retract car-buying restrictions to boost consumption. Investors are also digesting mixed signals on the trade front, after a spokesperson for China's Foreign Ministry reiterated today they were unaware of phone calls betw...Read More
ATVI stock is eyeing its best close of 2019The shares of Activision Blizzard, Inc. (NASDAQ:ATVI) popped higher today, after the video game maker launched "World of Warcraft Classic." Players are reportedly facing lengthy queues just to get into the game. ATVI shares are now pacing for their highest close of 2019, and bullish options bets are flying off the shelves at nine times the average intrada...Read More
The shares have pulled back to their 80-day moving averageA sharp bounce off its 320-day moving average in late December sent Microsoft Corporation (NASDAQ:MSFT) scaling the charts, with the Dow stock topping out at a record high of $141.67 on July 26. Since then, the shares have pulled back to familiar support at a key trendline, and history suggests MSFT stock could be headed back into uncharted...Read More
J.P. Morgan Securities cut its rating on the printing stockJ.P. Morgan Securities downgraded Xerox Holdings Corp (NYSE:XRX) to "underweight" from "neutral," citing declining revenues. The brokerage firm also said Xerox's possible sale of its financing unit and its current capital allocation plan create short-term risk for XRX bondholders.The skepticism toward XRX has picked up elsewhere on Wall St...Read More
This weekend we thought we would share some really important data and charts with all of you precious metals bugs/traders (like us). You probably remember our October 5th, 2018 call in Gold that has set off an incredible series of events for all of us. We made a prediction that day that Gold would rotate higher from the $1200 level targeting the $1300 level, then stall and move lower t...Read More
Stewart Thomson 1. A year ago, I predicted that any US stock market sell-off would be accompanied by a dramatic surge in the price of GDX an GDXJ.2. That's exactly what happened; the stock market tanked and key gold stocks soared.3. This year, I'm predicting that any major US stock market crash will again be accompanied by the soaring price of the gold producers...4....Read More
By: Ira EpsteinGold hit the upper bolinger band and retreated yesterday, some of the pros took some off the table. Big US holiday coming too. Gold Market overbought..Read More