Stewart Thomson, Graceland Updates 1. Gold is majestically postured now, because America's government and central bank continues to borrow, spend, and print money with surreal intensity.2. The light at the end of the tunnel is a stagflationary freight train.3. Please click here now. Double-click to enlarge. A beautiful inverse H&S bull continuation pattern is in...Read More
By: Ira EpsteinI was warning for an end of the quarter volatility as we finish out the first quarter. Can't wait for gold to get out of this pattern. This is where I am concerned..Read More
Reduction or normalization in gap between spot gold and Comex gold June futures is the prime reason for gold price to fall. Delivery uncertainties are over the immediate term. I expect physical gold to be in short supply this quarter. USA, UK and Europe are in a pathetic state of corona virus. India will soon become a largest home of corona virus, thanks to a Muslim congregation where hundreds o...Read More
Analysts are expecting S&P 500 earnings growth to decline 5.2% in the first quarter, according to FactSet.Read full newsRead More
March 31, 2020 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / March 31, 2020 / First Mining Gold Corp. (Read full newsRead More
South Africa's stock market is set for its worst quarter on record as the coronavirus ravages global equities, but gold miners are at least shining amid the gloom.Read full newsRead More
This article about Warren Buffett Investment Strategy was written by Gabriel Plat, a Financial Analyst at I Know First. Credit: AP Photo / Nati Harnik Successful investing takes time, discipline and patience.Price is what you pay. Value is what you get.- Warren Buffett Summary Warren Buffett investment strategy consists of identifying undervalued stocks and holding...Read full newsRead More
Talisker Resources (CSE:TSK) (OTCQB:TSKFF) is pleased to announce partial results from the first drill hole at the Bralorne Gold Project. Read full newsRead More
Gold prices fell for the fourth straight sessionU.S. stocks began April with a grim tone, the Dow continuing its dramatic loss this afternoon to close 973 points lower, with American Express (AXP) and Boeing (BA) weighing heavy.The S&P 500 and Nasdaq also closed deep in the red, as pandemic fears continue and President Donald Trump warned of a "very, very painful two weeks" ahead, as the estimate...Read More
Celanese stock is coming off a free fall from its all-time-high in late 2019Celanese Group (NYSE:CE) just added a crucial company to its product portfolio with the acquisition of Elotex. The chemical and specialty materials company will take ownership of Elotex's facilities in Europe and Asia, which produce redispersible polymer powders, a key component for multiple growing applications. Despite t...Read More
NVDA's 200-day moving average has emerged as resistanceEarlier this week, we profiled the 25 best stocks since 2009, based on annualized returns. A quick glance at the list -- compiled by Schaeffer's Senior Quantitative Analyst Rocky White -- reveals it is heavily populated by one particular sector: semiconductors. Chip stocks have ruled the roost in the last decade, and leading the charge is Nvid...Read More
Aben Resources Ltd. (TSXV:ABN) (OTCQB:ABNAF) has implemented operational procedures across the company to protect the health of its office staff, field crews, contractors, stakeholders, and local communities during the COVID-19 global pandemic. Read full newsRead More
Walgreens stock tends to underperform during the second quarter Things aren't looking good for pharmacy bigwig and Dow member Walgreens Boots Alliance Inc (NASDAQ:WBA). The shares of WBA are down 3.4% at $44.20, bringing their year-to-date deficit to 24.6%, just ahead of the company's fiscal second-quarter earnings report, due out before the open tomorrow. Furthermore, tomorrow's earnings aren't t...Read More
"...McGlone said that (#gold) will be the asset to own as the spreading #COVID pushes the global economy into...recession. He added that (it) will outperform both oil and base metalsRead full newsRead More
The S&P 500 and Nasdaq are sharply lower as wellThe Dow Jones Industrial Average (DJI) is down over 600 points at midday,a bleak start for what could be another roller-coaster month and quarteramid the COVID-19 pandemic. President Donald Trump announced Tuesday that the next two weeks could be "very, very painful," as the White House projects between 100,000 and 240,000 coronavirus-related death...Read More
Put volume for AER is running in the 100th percentile of its annual range today Independent aircraft leasing name AerCap Holdings N.V. (NYSE:AER) hasn't been immune to the devastating effects the coronavirus has had on the flight space. The stock has been limping along with most of its sector peers, down 10.3% at $20.40 today, with any hope of a rebound now completely snuffed out. The stock is now...Read More
Home Depot stock received price target cuts after sharing in-store changesIn an effort to combat the COVID-19 outbreak, Home Depot Inc (NYSE:HD) implemented a few preventative measures to ensure the safety of its customers and employees. These changes include closing stores early, limiting the number of customers allowed inside at one time, and encouraging social distancing practicing in stores by...Read More
Carrier Global will replace Macy's on the S&P 500Macy's Inc (NYSE: M) is down 7.5% to trade at $4.54 this morning, following the S&P Dow Jones Indices decision to replace Macy's with Carrier Global (CARR) on the benchmark S&P 500 Index (SPX), and move M to a small-cap 600 index, effective April 6. Macy's has been hit hard by the global coronavirus pandemic, with an onslaught of store closures m...Read More
Caterpillar won't be giving out annual salary increases or bonuses amid COVID-19 headwindsCaterpillar Inc. (NYSE:CAT) stock's recent rally is reversing course this morning, down 3.7% at $116.04 at last check. The company said it would not give annual salary increases to employees this year in an effort to tighten costs and combat the economic hit it's taken during the coronavirus pandemic. CAT a...Read More
The Dow is fresh off its worst quarter everDow Jones Industrial Average (DJI) futures are starting off April on the wrong foot,eyeing an almost 800-point drop this morning. Fresh off its worst quarter ever,the blue-chip index is facing particularly stiff coronavirus headwinds today, after U.S. President Donald Trump warned Americans yesterday to get ready for a "very painful two weeks." Futures o...Read More