The latest small business stimulus is expected to pass the House tomorrowThe Dow Jones Industrial Average (DJI) is cruising at midday -- up more than 400 points at last check -- boosted by theadditional stimulus measures making their way through Washington. The Senate-approved package is expected to pass the House of Representatives tomorrow, featuring $100 billion for healthcare and roughly $32...Read More
No less than have 16 analysts raised their price targets on NFLXNetflix Inc (NASDAQ:NFLX) has been one of the few stocks to consistently thrive during the pandemic, it's up 30% this year amid the "stay-at-home" consumer environment. After last night's close, Netflix reported first-quarter earnings of $1.57 per share, lower than Wall Street's anticipated $1.65. However, the 16 million new subscribe...Read More
Chevron was ordered to cease operations in Venezuela Chevron (NYSE:CVX), the last major U.S oil company still operating in Venezuela, is higher this morning after the U.S. Treasury Department issued the oil giant a new license, giving the company until Dec. 1 to end its joint ventures in the Organization of the Petroleum Exporting Country (OPEC). This will bar Chevron from drilling wells, selling...Read More
The medical device maker said its fiscal fourth-quarter results would be significantly impacted Medical device manufacturer Medtronic PLC (NYSE:MDT) announced last night that its global revenue has taken a hit in recent weeks, while hospitals delay elective procedures utilizing its devices in order to prioritize patients with COVID-19. The firm expects this to significantly impact its upcoming fis...Read More
Netflix's earnings report toppled estimates thanks to huge streaming numbersDow Jones Industrial Average (DJI) futures are signaling a rally this morning, taking cues from stabilizing oil prices. With the May contract now expired, June-dated crude futures have come off their 21-year low of $6.50, and were last seen at $11.25 per barrel. There's also optimism out of Washington D.C., after Congress...Read More
Breaking down the best and worst stocks since the S&P 500's all-time-high in February It's now been over two months since the S&P 500 Index (SPX) hit its last all-time high, and to say stocks have been on a wild ride ever since is an understatement. This week, however, I'm focusing on individual stocks. Below, I listed the best and worst stocks by their return since that February top, as well as a...Read More
The VIX may have settled on new support last weekAs we know, the CBOE Volatility Index (VIX), or the stock market's "fear gauge," is one of the most widely tracked gauges of U.S. stock-market volatility. This volatility index, as compiled by the Chicago Board Options Exchange (CBOE), is meant to reflect investors' expectations for short-term (30-day) volatility in the stock market. It accomplishes...Read More
"Remember, gold and silver cannot be quantitatively eased."Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in...Read More
Gold is the best money for this unfolding global hyperinflationary depression, but soon, physical gold will only be available at much higher prices. Egon von Greyerz sits down with Silver Doctors today to explain that and a whole lot more. Egon says the current situation in the world is the catalyst, but not the cause, which kicks off the global hyperinflationary depression, and the current situat...Read More
New research shows that even those who recover from a relatively mild cases of covid-19 appear to have permanent lung damage. As we've been saying: you DON'T want to get this virus if you can at all avoid it. Also, covid-19 has hit group nursing homes particularly hard. They're sort of land-based cruise ships, except worse - because everyone inside is in the highest at-risk category. The news is f...Read More
TOPICS IN THIS INTERVIEW:The unbelievable is happening, Covid 19 false narrative and tyrannical ruleHistorical day in the oil marketsFederal Reserve dollarizing the world to no endGold, silver and bitcoin the place to beGregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Stre...Read More
Some of today's questions:Alan C: Can the Fed reflate this everything bubble one more time?Yves B: Why is physical Gold beholden to the spot price if the cost of mining them is higher? Why can't miners ask whatever they want or need for their metal?Ericka E: Recently, she said she foresees a "transaction-based economy" in our future. Can she explain this?Andrew G: Why isn't silver moving higher li...Read More
What can the average person do to protect themselves from the unfolding economic crisis? Join Mike Maloney as he reveals what he is doing personally to protect himself from the hidden forces at work in the oil, gold, silver, currency, and stock markets.Michael Maloney is a precious metals investment expert and historian. He is the founder and owner of GoldSilver.com, a global leader in gold and si...Read More
Harry explains why the coronavirus is NOT the issue, it is the black swan that exposes the real issue of debt, and we're at a point where several difficult cycles in the markets converge.Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demograph...Read More
John Williams who has long been a believer in hyperinflation tells host Jay Taylor that he projects GDP to be down by 8% in Q-1 and 30% to 40% in Q-2. At the same time, unemployment will rise to levels greater than during the Great Depression. Yet he continues to project a hyperinflationary scenario.Walter J. "John" Williams has been a private consulting economist and a specialist in government ec...Read More
The price of oil hit negative numbers, a first. If you go to your local gas station will they pay you to fill your tank up. The first wave of major retail bankruptcies has started. Neiman Marcus (a/k/a needless mark-up) is expected to file shortly. The first of many. And commercial real estate is in the dumps. With bankruptcies and the shut down, no one is renting office space and companies will n...Read More
Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More
Lockdowns and stay-at-home orders mean much more time spent online. Agencies such as the Federal Trade Commission (FTC) are warning the public about scammers and deceitful ads. RT America's Rick Sanchez has the story. Read More
"Many thousands more people have died in Europe this year compared with a normal year. But deaths officially attributed to Covid-19 account for just a fraction of the increase, suggesting manyContinue...Read More
As the financialized system continues to disintegrate and we see negative commodity prices following on last year's negative interest rates, DOUBLE DOWN asks Craig Hemke of TFMetalsReport.com Continue...Read More