The retailer's fourth-quarter earnings and revenue reports fell well below analysts' expectationIt looks like the fun may be over for Party City Holdco (NYSE:PRTY) as it heads deeper into penny stock territory today, down 48.6% at $0.66 and earlier opened at a new record low of $0.54. This deepening spiral comes after the firm reported adjusted fourth-quarter earnings of 51 cents per share, well b...Read More
President Trump's temporary ban on travel from Europe is spooking investors this morning Today marks the second time this week that the major exchanges were stopped, after stock futures reach a "limit down" loss of over 5% before the open. Dow Jones Industrial Average (DJI) futures, once again, are pointing toward a loss of over 1,000 just one day after ending its longest bull market on record,...Read More
Jack ChanPosted Mar 11, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.Speculation on gold is at a new high, but what's more important is, a new speculative bottom is now established. That will...Read More
Dave KranzlerMake no mistake, the financial system is collapsing under one giant margin call being issued to banks and hedge funds. How big? No one knows. The Fed obviously was preparing for something when it commenced its money printing in September. But it had no idea of the scale of the underlying systemic problems. Coronavirus is not the cause of what's unfolding in the markets - it mere...Read More
David Haggith(March 11, 2020)The bear roared today, ripping the ears off everyone, as the Dow and Russel 2000 both landed more than 20% below their last peak. Their 19-session rampage landed a record as the, steepest, fastest downhill bear run in the history of the US stock market.The market's waterfall run over the cliffs now looks like El Capitan.Of course, the rise of the bear also means the...Read More
Today, after another devastating day in the markets we are going to stand back and take a "big picture" view of what is going on.This is not some ordinary run-of-the mill bearmarket that is starting here - it is the beginning of a devastating collapse that is necessary to clear the system of all the accumulated dross that has built over many years. A "reset" is an apt word to describe it.The rot...Read More
By: Ira EpsteinGold breaking below the 18-DMA with support coming in below at..Read More
Ron Struthers of Struthers' Resource Stock Report discusses the current market meltdown and the longer-term outlook for the markets and gold. Although I know of some great companies and stocks out there, it is best just to wait. Markets are going a lot lower and investors in the main indexes and techs won't have a recovery in their portfolios for many, many years. Gold is being sold down too at t...Read More
The highlights of Wesdome Gold Mines' 2019 are presented in an iA Securities report. In a March 11, 2020 research note, iA Securities analyst George Topping reported that Wesdome Gold Mines Ltd. (WDO:TSX) had "another strong year" in 2019.The analyst reviewed the highlights. Production in 2019 of 91,700 ounces (91.7 Koz) fell in the high end of guidance. Throughput was decreased but made up for b...Read More
Genesis Metals Corp. reported it has launched phase 1 of its 8,000m diamond drilling program at its Chevrier gold project in central Quebec. Stock photoIn a news release, gold exploration company Genesis Metals Corp. (GIS:TSX.V; GGISF:OTC) announced that "it has commenced phase 1 of a staged 2020 diamond drilling program its Chevrier Gold project in the eastern Abitibi Greenstone Belt of Central...Read More
Dave KranzlerMake no mistake, the financial system is collapsing under one giant margin call being issued to banks and hedge funds. How big? No one knows. The Fed obviously was preparing for something when it commenced its money printing in September. But it had no idea of the scale of the underlying systemic problems. Coronavirus is not the cause of what's unfolding in the markets - it mere...Read More
David Haggith(March 11, 2020)The bear roared today, ripping the ears off everyone, as the Dow and Russel 2000 both landed more than 20% below their last peak. Their 19-session rampage landed a record as the, steepest, fastest downhill bear run in the history of the US stock market.The market's waterfall run over the cliffs now looks like El Capitan.Of course, the rise of the bear also means the...Read More
Today, after another devastating day in the markets we are going to stand back and take a "big picture" view of what is going on.This is not some ordinary run-of-the mill bearmarket that is starting here - it is the beginning of a devastating collapse that is necessary to clear the system of all the accumulated dross that has built over many years. A "reset" is an apt word to describe it.The rot...Read More
By: Ira EpsteinGold breaking below the 18-DMA with support coming in below at..Read More
PRIVATE BLOG - The Panic in EverythingPrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
By Gary Savage$SPX in oversold conditions, this is not a new perma-bear market. The market will start pricing in the corona virus dying out. Still another 10-15 years in this bull market to go..https://blog.smartmoneytrackerpremium.com/Read More
By: Ira EpsteinGold 18-dma is $1636 level. Upper Bollinger is $1699Read More
It is just fear of recession and fear that a long term investing opportunity will be lost that is deciding investment strategy. Traders and find managers are booking profit in every investment (other than stocks) to invest for the long term in stocks. Most believe that stock markets are great long term investing opportunity. Every investment has crashed due to corona virus. Gold, silver, crude o...Read More
Oil prices remained under pressure as wellIt was another bloodbath on Wall Street today. The Dow, S&P 500, and Nasdaq all fell by 4.5% or more, with the blue-chip index closing in bear market territory. The latter two indexes briefly dipped into bear market territory, but ultimately did not close there. The global economy continues to struggle in the face of the spreading coronavirus outbreak, esp...Read More
The 80-day moving average has meant more downside for SFM in the past Grocery store concern Sprouts Farmers Market Inc (NASDAQ:SFM) has endured a choppy journey lower in the past 12 months, evidenced by its 26.2% year-over-year deficit and early February record low of $14.51. While the shares have since bounced from this region, the rally was short-lived, with SFM consolidating back below the $17....Read More