On Wednesday, January 2nd, CEO Tim Cook halted Apple stock and stated that the company's earnings would fall well short of analysts' expectations. A key reason behind Continue...Read More
Yesterday, January 3rd 2019, US Congressman Thomas Massie http://www.thomasmassie.com/ of Kentucky https://en.wikipedia.org/wiki/Thomas_... went on Fox News with Shannon Bream for 4 minutes total but less than 2 minutes to talk about how he now has bipartisan support and a 2/3 majority in the US House of Representatives for another "Audit The Fed" bill.See the interview here: https://youtu.be/Z3_2...Read More
"It's important for what it does, it's important for the confidence it gives people that their voices, their concerns, are heard," Continue...Read More
Remember when it was a January ritual to fill in the new year on your blank checks? If you're under 50, probably not. That we can now avoid that chore is one of life's unsung Continue...Read More
President Trump is pulling troops out of Afghanistan and Syria. And frankly, it's about damn time. After all, the U.S. government has already wasted more than $1 trillion fightingContinue...Read More
Continue...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
Even people who don't follow the stock market closely are aware that the global economy is weakening and appears to be heading into recession.Continue...Read More
For the past two months, the sound of wailing and gnashing of teeth about the Fed's QE unwind has been deafening. The Fed started the QE unwind in October 2017. As I covered it Continue...Read More
Markets paced the floor this morning… like a man condemned awaiting word on his final appeal.For the December unemployment report was due out at 8:30.A poor jobs report would send stocks spiraling down the greasy pole - again.The market staggered into 2019 off its worst December since the Great Depression. It is also off to its worst start in 19 years.Could it absorb another blow?Economists...Read More
Vancouver, British Columbia (January 4, 2019) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to advise that the Alberta Securities Commission (the "ASC") filed a Notice of Application dated December 21, 2018 for an application on January 3, 2019 seeking an interim order pursuant to section 33 and 198 of the Securities Act (Alberta), whic...Read More
LONDON, 4 January 2019 - Analysis from BullionVault of gold's historic price patterns across the year features online today at France's leading personal finance magazine, Capital."The transition to the New Year is usually most promising for gold prices," Capital says. "The phenomenon is partly attributable to the demand coming from the asset managers," the magazine quotes "expert" Adrian Ash, r...Read More
- Gold acts as hedge in 2018 - up 2.7% and 3.8% in euros and pounds (see tables & charts)- Stocks fall sharply - S&P500, FTSE & Euro Stoxx 5o fall 6.25%, 12.5% & 15% respectively- Worst year for most international equity indices since 2008- Sharp falls in economically sensitive commodities: oil (WTI), gasoline and lumber down 24.2%, 27% & 23.8% respectively- Volatility surges as seen in VIX ris...Read More
Traders and investors are focused on a global slowdown. Economic data releases worldwide need to beat street expectation to change the negative sentiment. US December private ADP numbers need to beat street expectation for the US dollar to rise and gold and silver to correct. However political uncertainty in the UK and Eurozone will prevent a major collapse in gold and silver. I will prefer to u...Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
AAPL shares fell roughly 10% todayApple (AAPL) last night slashed its quarterly sales outlook, citing weak iPhone demand in China. The surprise announcement -- and AAPL's steepest one-day slide in nearly six years -- had a ripple effect on Wall Street, and fueled fears of a global economic slowdown; lackluster factory data out of the U.S. only exacerbated those concerns. Against this backdrop, the...Read More
The similarities are eerie, and Republicans could be facing a crisis.He's a successful businessman who never held public office before winning the Presidency...He's coming into power after an electoral college landslide...And he did it by beating an out-of-touch New Yorker opponent.Once in office, he launches a vast trade war, promising to stand up for America's heartland, with 890 increased tarif...Read More
Several Fed members will speakThe Fed's December meeting minutes will be released next Wednesday, with Wall Streetlooking for clues to the pace of future rate hikes. In addition, several Fed members will be speaking throughout the week, and traders will digest the latest inflation and international trade data. Earnings will begin to pick up, with Delta Air Lines (DAL) and weed names Constellation...Read More
BTAI is one of the best stocks on Nasdaq todayStocks are heading toward sharp losses today, as Apple's (AAPL) weak forecast puts a damper on the new year. Airliner Delta Air Lines, Inc. (NYSE:DAL) and auto stock General Motors Company (NYSE:GM) are lower, while drugmaker BioXcel Therapeutics Inc (NASDAQ:BTAI) is soaring. Below, we'll take a look at the news moving the shares of DAL, GM, and B...Read More
ISM's manufacturing index fell to 54.1 in December, its lowest level since November 2016."The manufacturing community continues to expand, but at much lower levels and at a sharp decline from November," says Timothy Fiore, chair of the Institute for Supply Management.Fred Imbert| @foimbertPublished 10 Hours AgoUpdated9 Hours AgoCNBC.com Luke Sharrett | Bloomberg | Getty ImagesA worker handles a...Read More
Mizuho slashed its SQ price target earlierThe shares of Square Inc (NYSE:SQ) are down 8% at $52.59, after Mizuho cut its price target on the stock to $75 from $95. But while the brokerage firm tapped blue-chip Visa (V) as its "top pick" among U.S. payment processors, it said Square was still attractive and the company's expansion into new markets will help drive revenue growth.This downside just e...Read More