Analysts are taking a step back from HAS this morningToymaker Hasbro, Inc. (NASDAQ:HAS) is down 2.8% this morning, just off a fresh annual low of $80.22, after receiving multiple price-target cuts from covering analysts. J.P. Morgan Securities was the first to weigh in, slashing its price to $94 from $113. SunTrust Robinson and Monness Crespi Hardt followed shortly thereafter, lowering their pric...Read More
The company said it has booked roughly $14.1 million orders for its N-95 face mask Alpha Pro Tech, Ltd. (NYSE:APT) is surging in early trading after the firm updated the status of orders for its proprietary N-95 face mask in direct response to the COVID-19 outbreak. APT said it has booked roughly $14.1 million in orders since Jan. 27, an increase of $3.6 million since its previous report last week...Read More
Microsoft warned it's taking longer than expected for its supply chain to normalizeDow Jones Industrial Average (DJI) futures are signaling more losses for stocks this morning, as the coronavirus fears continue to sweep Wall Street. Reports this morning point to a possible "community spread" of the virus in California, suggesting it could begin spreading more widely in the U.S. Tech stocks look re...Read More
To Watch Update #32, CLICK HEREWithin and without China, the coronavirus continues to rage on. A leaked report claims that actual covid-19 cases within China are 52x higher than the 78K reported by authorities. Whether true or not, that estimate comports with the massive heavy-handed response the government has been pursuing there.Outside of China, more cases in more countries are being reported,...Read More
It's estimated that there are over 50 million pensioners?EURoin the United States alone, and like the United States, the United Kingdom, Japan, Italy, Germany and many other countries around the world are all in big trouble when it comes to the solvency of their pension funds. We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world.In...Read More
Why Jeff's indicators showed a global slowdown before the Coronavirus story emerged in the newsDollar-positive effects of the global Eurodollar system are in play, independent of the virus storyWhy dollar strength is a bad thing, not a good thing, and what to expect from hereJeff Snider Chartbook: http://bit.ly/2T1IZbBJeff Snider is head of global investment research for Alhambra Investment Partne...Read More
Wayne Jett is an accomplished lawyer who has argued cases in front of the U.S. Supreme Court. Jett is also an expert on the Federal Reserve. If the derivatives market blows up because of the China virus chaos, will people lose their money in the banks? Jett says, "That is correct. That is exactly what the design is. As a result of the tremendous amount of derivative risk big banks have taken on, i...Read More
Alasdair Macleod reports that very many of the world economic indicators are pointing to a slowing economy and the effects of the Coronavirus create a tipping point.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More
An Orlando cop arrests a 6-y.o. girl at school as she cries to be let go, body-cam footage released by the family shows.Kaia Rolle was arrested September 19 last year after school staff claimed she was kicking and punching people. The girl was handcuffed, fingerprinted, and had mugshots taken before being released from custody, Kaia's grandmother told media. The officer was fired shortly after the...Read More
Senior ABC Correspondent David Wright on Hidden Camera: How 'Bosses Don't See an Upside' for Reporting News; 'The Truth Suffers'; Says ABC Doesn't 'Give Trump Credit for What Things He Does Do'; ABC News Producer: New Yorkers Need to 'Cross the Hudson River' to Learn Why Voters Back TrumpDavid Wright, ABC News Political Correspondent: "We Also Don't Give Him [Trump] Credit for What Things He Does...Read More
Dave Collum talks about the coronavirus and life in general.David B. Collum is an economic commentator, chemist, Betty R. Miller Professor of Chemistry and Chemical Biology at Cornell University. He holds a PhD, Columbia University, MS, Columbia University, MA, Columbia University and BS, Cornell University.Read More
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career...Read More
An accomplished analyst, author, and speaker, Jeff Clark is a globally recognized authority on precious metals. The son of an award-winning gold panner, with family-owned mining claims in California, Arizona, and Nevada, Jeff has deep roots in the industry. An active investor, with a love of writing, Jeff eventually became a mining industry analyst, including 10 years as senior editor for the worl...Read More
The plot of one of Stephen King's novels is going to be right eventually - some ultra-lethal mutation will arise, spread insanely well, and wipe out a lot of the human race. The U.S. government has spent many Continue...Read More
"Although we see strong Windows demand in line with our expectations, the supply chain is returning to normal operations at a slower pace than anticipated at the time of our Q2 earnings call," Continue...Read More
"Almost 10% of our international footprint is in China, and we are doing everything we can to support our franchisees and our teams in that region," Lynch said.Continue...Read More
Hong Kong's Financial Secretary Paul Chan Mo-po is set to unveil a HK120 billion relief deal which includes 'helicopter money' - giving every Hong Kong permanent resident over the age of 18 a cash handout of Continue...Read More
Jordan Roy-Byrne looks at the monthly charts for gold, GDX and silver. Gold is setting up to have a very strong monthly close this month, however, silver and gold stocks still need to move higher to truly breakout for the end of the month. All are in bullish formations but there is some catch up still needed. Jordan also discusses the Fed's future actions and how that will help to drive gold stock...Read More
A slowdown in gold sales in India and China and extremely high levels of speculative longs in the gold market are contributing to a pullbackContinue...Read More
"David (Morales) said the Americans were desperate and had even suggested more extreme measures could be applied against the guest to put an end to the situation."Continue...Read More