AAPL is struggling to hold above a crucial 'Hidden Pivot' support at $170, but if it gives way expect the broad averages to take another nasty leg down in sympathy. The stock is sufficiently oversold to be primed for a bear rally of perhaps 8-10%. But who would do the buying? Ordinarily, short-covering is the only source of bidding strong enough to excavate a stock from a trough as deep as the o...Read More
Any news of a deal between the USA and China on the trade war front will result in copper, zinc, lead, nickel and aluminum to rise five percent anytime. The Trump-Xi meeting is on Saturday. Before Saturday, all the speculation will move silver and industrial metals. How to trade in invest in 2019The year 2018 is not yet over. Each day till 31st December, a new economic data release or news/spe...Read More
My 14-year-old daughter has taken it upon herself to help me with my holiday shopping.She’s been sending me links to everything from clothes to stocking stuffers to electronics that she wants under the tree for herself or her siblings.This week, she’s been joined by her brothers and sisters too!At this point I’m getting requests at all hours of the day. It’s like these kids...Read More
Nov 29, 2018 Guest(s): Edward Egilinsky Managing Director, Head of Alternative Investments, Direxion Copper has the best potential of all the metals to outperform in 2019 based on fundamentals, said Edward Egilinsky, managing director of Alternative Investments at Direxion. "I think it would be copper on the standpoint of a deal with China, and also Chinese stimulus within their economy to boost...Read More
Nov 29, 2018 Guest(s): Bart Jaworski CEO & Director, Group Eleven Resources A little known fact is that Ireland is ripe with zinc and is a prime mining ground for the metal, this according to Bart Jaworski, CEO and director of Group Eleven Resources. "A lot of people don't know this but Ireland is actually number one in terms of zinc found per square kilometer, so there's a lot of deposits that...Read More
Looks like we just hit an inflection point. So far this morning:U.S. new home sales drop to more than 2-1/2-year low(Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.The Commerce Department said on Wednesday new home sales dropp...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
The following story's been on my radar for a while, but it wasn't until I read the fictional-sounding article published in The Nation yesterday that I finally turned my focus on the issue.Continue...Read More
Jason talks about his research into GE and how there's a much larger problem in corporate bonds and corporate debt than just General Electric (GE).1) When Blue Chip Companies Pile on Debt, It's Time to Worry https://www.nytimes.com/2018/11/26/op...2) Lawmakers consider multibillion-dollar bailout for troubled pensions, retirees https://www.washingtonpost.com/amphtm...Read More
Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.Read More
Jordan Roy-Byrne, Founder of The Daily Gold joins me today to share his thoughts on the strategy of holding cash and deciding when to start buying. During tax loss selling there are a number of people who say it is a great time to start buying. However there are many factors to consider and right now holding cash is a preferable position to be in. We also dive into the silver chart.Jordan Roy-Byrn...Read More
This is of course just the first step in a long dance that will progress through:1)The end of rate increases sometime in early 20192)The beginning of rate cuts soon thereafterContinue...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWeek, Time...Read More
Tascent developed a face recognition device that passengers will be asked to use in order to board the ship, move around on the ship and buy and sell items on the ship.Continue...Read More
Trump may be facing an uphill battle he can't win in 2020.The much-anticipated "Blue Wave" washed over America on November 6. But it didn't hit all states equally.Some states, like California and New Jersey, were electoral graveyards for Republicans. In a few states, Republicans actually picked up a seat or two.But overall, Democrats saw their biggest gains in Congress since Watergate. They picked...Read More
by John Mauldin via Forbes.comA Worldwide Debt Default Is A Real PossibilityIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash yet.Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may be a good idea. Borrowing money to finance your vac...Read More
Most investors are cautious. Nothing is rising, be it stocks, commodities or bonds. Sitting on cash is the favorite pastime of traders and investors. There will be short term certain direction after the G20 meeting and US November nonfarm payrolls on 7th December. It is just keeping a hawk eye and making the right investment. Do invest with the herd. Herd trading can result in more losses than p...Read More
Gold suffers the worst decline in 2 weeks after losing a key level. Move lower was triggered by a stronger US dollar. The yellow metal dropped sharply today and lost more than $10 from daily highs. Gold bottomed at $1,211.80, the lowest since November 15. From the lows bounced to the upside, but the recovery was capped by $1,215. As of writing, trades at $1,214, headed toward the low...Read More
Early investors could see a windfall as this invention unlocks $15.7 trillion in revenue.It's been called humanity's last invention...The "king of disrupters."And "the most important conversation of our time."Insiders are already predicting it will have a bigger economic impact than the steam engine, electricity and the internet...The World Economic Forum claims it will usher in the "4th industria...Read More