Here Are 4 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished down slightly on Friday after three days of gains. Amazon.com Inc. rose 3.6% and opened at an all-time high on Friday. Microsoft Corp. rose 1.6% Friday after earnings topped Wall Street forecasts.For the week the Dow declined 0.62%, the S&P 500 dropped 0.01% and the Nasdaq slid...Read More
Adam HamiltonArchivesApr 27, 2018 The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May...Read More
Global stocks marched higher Friday, following a tech-led rebound on Wall Street, helping set European stocks up for solid early gains as investors cheer a robust week of corporate earnings and an easing of political tensions on the Korean peninsula. Europe's Stoxx 600 index, the broadest measure of share prices, was marked 0.12% higher in early trading as Germany's benchmarks DAX index gained 0...Read More
Investing.com - Gold prices held steady in early morning European trade on Friday as investors looked ahead to U.S. data on first quarter economic growth.Comex gold futures slipped $0.80, or 0.06%, at $1,317.100 a troy ounce by 3:33AM ET (7:34GMT). The preliminary reading of first-quarter U.S. GDP at 8:30AM ET (12:30GMT) is expected to show the economy expanded 2.0%, down from the fourth quarter g...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for June delivery lost nine cents to $68.10 on the New York Merc, while Brent for June lost 10 cents to $74.64 (all figures in this para U.S.). Western Canadian Select traded at a discount of $18.85 to WT...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Friday was a ho-hum 74-79-141. The TSX Venture Exchange rose fractionally to 783 while polished diamond prices fell 0.1 per cent. Sheldon Inwentash's Gratomic Inc. (GRAT) gained 1.5 cents to 18 c...Read More
Investing.com - Gold prices held steady in early morning European trade on Friday as investors looked ahead to U.S. data on first quarter economic growth.Comex gold futures slipped $0.80, or 0.06%, at $1,317.100 a troy ounce by 3:33AM ET (7:34GMT). The preliminary reading of first-quarter U.S. GDP at 8:30AM ET (12:30GMT) is expected to show the economy expanded 2.0%, down from the fourth quarter g...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold rose $6.30 to $1,322.60 on Friday. The TSX Venture Exchange rose 0.71 point to 783.76 while the TSX Gold Index lost 0.06 point to 191.83. Endeavour Mining Corp. (EDV) led Canadian gold miners higher today, adding 29...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange closed up a fraction to 783.76 Friday, but it ended the week down 21.20 points. Mitchell Smith's suspended capital pool shell, Sceptre Ventures Inc. (SVP), has received conditional TSX-V approval for its qualif...Read More
Silver is selling off as bulls are weak.Speculators covered massively their shorts over April 10-17, the CFTC shows.ETF investors took advantage of the rally to exit their long positions, FastMarkets estimate.The rally is delayed but it is still coming.I continue to consider a long position in SIVR. Home Alone Introduction Welcome to my Silver Weekly. In this brief report, I wish to discuss my vie...Read More
Following a conciliation process between Andes Iron and Chile's Ministry of Environment, Antofagasta's First Environmental Tribunal decided to reverse a decision that forbade the Dominga copper and iron ore project from going forward.The new development means that the Environmental Assessment Commision of the central Coquimbo region now has to reassess the $2.5-billion initiative.In a press releas...Read More
Canada's largest diversified miner Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) continues to perform strongly; its stock surged by 10% over the last year. That can be attributed to commodities, notably steel-making coal, copper, and zinc, breaking out of their prolonged slump at the end of 2016 and rallying strongly because of greater demand sparked by an upswing in the globally economy. Much of t...Read More
Every evening, I walk through a steep, narrow road from McLeod Ganj, where Mr. Dalai Lama lives, to my home down the hill.A large dog runs madly around his house like a wild animal, trying to jump over the fence whenever he sees me. I find this strange because I am no threat to him. If he wants to socialize with me, he could have politely negotiated with his Buddhist human. I think he is being v...Read More
Meandering PricesPrices rise and prices fall. So, too, they fall and rise. This is how the supply and demand sweet spot is continually discovered - and rediscovered. When supply exceeds demand for a good or service, prices fall. Conversely, when demand exceeds supply, prices rise. Supply and demand (the curves usually shown in such charts are unrealistic, as bids and offers in the market are...Read More
Mike Gleason: It is my privilege now to be joined by a man who needs little introduction,Marc Faber, editor of The Gloom, Boom andDoom Report. Dr. Faber has been a long-time guest on financial showsthroughout the world, and is a well-known Austrian economist and investmentadvisor, and it's a tremendous honor to have him on with us today.Dr. Faber, thanks so muchfor joining us again, and, how are y...Read More
The gold miners’ stockshave mostly been consolidating low this year, exacerbating bearishsentiment. Even with gold grindinghigher in a solid uptrend and nearing a major upside breakout, the gold stocksjust can’t get any love. But that may beabout to change, with gold and its miners’ stocks in the midst of their springrally. Strong seasonal tailwinds makeMay one...Read More
As the yield on the 10Y US Treasury note broke above the 3.00% Maginot Line this week (for the first time since Jan 2014), traders piled on - pushing net Continue...Read More
Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-...Read More
"We have to keep the House because if we listen to Maxine Waters, she's going around saying 'We will impeach him,' " Trump said at a recent rally in Michigan Continue...Read More
"We have not seen anything like this since the Presidency of John F. Kennedy (JFK), when CIA Director Allen Dulles attacked him, and we saw what happened there. There is crystal clear evidence that the CIA was, at least, involved with the cover-up of the JFK assassination. Now, we have the same thing happening again."Read More