Amazon.com, Inc. (NASDAQ:AMZN) has been flying high in 2017, with the shares boasting a 50.9% year-to-date lead. This momentum is continuing today, too, with AMZNup 0.4% at $1,131.75 -- within striking distance of Monday's record peak of $1,139.90 -- and if history is any guide, the FAANG stock could be carving out new highs for the Thanksgiving holiday.According to Schaeffer's Senior Quantitative...Read More

The U.S. dollar got hammered in the first nine months of 2017, but has rebounded off its September lows, as evidenced by the price action in the U.S. Dollar Index (DXY). As such, large speculators are finally net long the greenback for the first time in 15 weeks, per recent Commitment of Traders (CoT) data, breaking the longest stretch in six years. Below, we'll take a look at how the buck and the...Read More

U.S. stocks are trading higher this morning, thanks to positive blue-chip earnings. Among the stocks making moves today are retail giant Wal-Mart Stores Inc (NYSE:WMT), electronics retailer Best Buy Co Inc (NYSE:BBY), and media content company Time Inc (NYSE:TIME). Here's a closer look at what's moving shares of WMT, BBY, and TIME.Wal-Mart Soars on Earnings BeatShares of Wal-Mart are soaring afte...Read More

Analysts are weighing in on drug stocks Bristol-Myers Squibb Co (NYSE:BMY), Merck & Co., Inc. (NYSE:MRK), and Valeant Pharmaceuticals Intl Inc (NYSE:VRX). Here's a quick roundup of today's bearish brokerage notes on shares of BMY, MRK, and VRX.Jefferies Lowers BMY Stock Price TargetJefferies cut its price target on Bristol-Myers Squibb stock to $68, though this still sits above the equity's Oct....Read More

Analysts are weighing in on data storage stock NetApp Inc. (NASDAQ:NTAP), home furnishings retailer RH (NYSE:RH), and music streaming service Pandora Media Inc (NYSE:P). Here's a quick roundup of today's bullish brokerage notes on shares of NTAP, RH, and P. NTAP Ready to Rally After EarningsNetApp last night posted better-than-expected fiscal second-quarter results and an impressive current-quar...Read More

Dow Jones Industrial Average (DJIA) futures appear ready to bounce back, after the index closed yesterday's session down triple digits. A flurry of upbeat earnings reports are helping the index, withWal-Mart (WMT) and Cisco Systems (CSCO) stocks pointed higher after earnings. All eyes will be on Washington, D.C., later, as the House of Representatives is poised to vote on their tax-overhaul bill....Read More

Next week is a short one on Wall Street, with U.S. markets closed Thursday for the Thanksgiving Day holiday, and trading ending early on Friday. Nevertheless, there's plenty of action on both the economic and earnings dockets to hold traders' attention. The marquee event will be the release of the minutes from the latest Federal Open Market Committee (FOMC) meeting -- which could potentially hold...Read More

Dear Antifa,Look, aside from a very small number of psychopaths, everyone agrees that fascism is not an ideal form of government.But you need to rethink your anti-capitalism position.Fact is, capitalism does not breed the conditions to create fascism.Capitalism works to prevent fascism.The core component of capitalism is the private ownership of property - the most important to this discussion be...Read More

The comments above & below is an edited and abridged synopsis of an article by Mark O'ByrneThe Bank of England has raised interest rates for the first time in a decade. Alerts have been coming thick and fast for Britons, warning them to prepare for tough financial times ahead.How will North America cope if such a correction is headed its way? Aside from the fact that central banks are beginning to...Read More

The comments above & below is an edited and abridged synopsis of an article by David StockmanRising debt (the black swan) is in plain sight. The artificial cash flow from unsustainable borrowing is keeping the illusion of growth and prosperity alive. Yet the debt madness ($225 trillion outstanding globally) is heading for a financial and economic dead end that will crush today's fiscally profligat...Read More

The comments above & below is an edited and abridged synopsis of an article by Chris MartensonGigantic waves of change are sweeping across the Middle East. The magnitude is such that the effect on the global price of oil, as well as world markets, is likely to be enormous.A dramatic geopolitical realignment by Saudi Arabia is in full swing, and it is upending many decades of established strategic...Read More

The comments above & below is an edited and abridged synopsis of an article by Mike ShedlockShedlock shares Guillermo Barba's post on a debate in the Mexican Congress to monetize the Libertad silver 1-ounce coin. Barba recently took part in the forum for The Promotion of Savings by Mexicans in the Mexican Federal Congress. There, he presented a proposal to give stable value to the Libertad.The cen...Read More

The comments above & below is an edited and abridged synopsis of an article by Everett MillmanThere has been more than one incident this year involving bullion that has been proven counterfeit after being sold in North America.A jeweler in Ottawa purchased a gold bar from the Royal Bank of Canada in October only to find that the bar was counterfeit. The purchase price of US$1,320 was eventually re...Read More

The comments above & below is an edited and abridged synopsis of an article by Steve St. AngeloWhen the next market crash occurs, global gold investment demand will likely overwhelm supply, and gold will surpass its previous high of $1,900. This has happened before. Two of the highest quarters of gold ETF demand occurred when the broader markets crashed in 2009, and the 10% correction occurred in...Read More

Major market events have occurred on average every 6.5 yearsSource: BMG Group Inc.; MeasuringWorth.comRead More

Not in other commodities, and not in other precious metals. Only in silver has it reached this level. Here's more...by Craig Hemke via Sprott Money NewsWith total Comex silver open interest near the 200,000 contract level, we thought it would be enlightening to once again discuss the total volume of physical mine supply versus digital metal supply on this futures exchange.We've written on countles...Read More

India's silver demand has grown exponentially over the last ten years, and the September imports show massive increases in demand. Here's more...by Louis Cammarosano of SmaulgldSeptember 2017 Indian silver imports were up 152% from 225 tons in September 2016.Indian silver demand has increased exponentially over the past ten years. India, however, has historically been known as a nation with a penc...Read More

Here's a breakdown of the numbers fresh off the presses...from the Silver Institute:(November 15, 2017 - New York City) At the Annual Silver Industry Dinner hosted by the Silver Institute, Johann Wiebe, Lead Analyst in the GFMS team at Thomson Reuters presented the GFMS / Silver Institute Interim Silver Market Review, which includes provisional supply and demand forecasts for 2017. The following a...Read More

Why are governments so interested in breaking up monopolies? To protect the biggest monopoly of all, the government.The American people are skilled mental gymnasts. They can totally agree that monopolies in the private sector are bad. But monopolies on defense, law enforcement, courts, education, roads, and so on are perfectly fine, even necessary!This comes down to the myth of the process. People...Read More

Why are governments so interested in breaking up monopolies? To protect the biggest monopoly of all, the government.The American people are skilled mental gymnasts. They can totally agree that monopolies in the private sector are bad. But monopolies on defense, law enforcement, courts, education, roads, and so on are perfectly fine, even necessary!This comes down to the myth of the process. People...Read More