Our colleague Ben Morris has been keeping a close eye on gold. Back in April, he noted that gold was close to breaking out of a multiyear chart pattern that could send prices much higher. But it wasn't yet official, so Ben recommended being patient and waiting for confirmation before getting too bullish on gold and precious metals. That was good advice – gold reversed....More>>>
Large cap luxury accessories stock Tiffany & Co (NYSE: TIF) reported Q2 earnings before the market opened Thursday morning with a larger-than-expected quarterly profit and sales thanks in partto higher demand for its fashion and designer jewelry in Japan along with lower input costs. Worldwide net sales increased 3% to $960 million and comparable store sales declined 2% while on a constant-exchange-rate....More>>>
The U.S. stock market closed out another quiet week with small losses on Friday. The market opened the session lower and then climbed through mid-day. After an early afternoon selloff, the major averages closed near their best levels of the day.
Gainers included The GEO Group (NYSE: GEO), which jumped almost 22 percent a day after plunging nearly 40 percent on news that the U.S. government....More>>>
The Dow Jones Industrial Average came close to hitting 20,000, but fell short again…nearly four weeks after Barron’s wrote about the possibility in a cover story on Dec. 10.
The S&P 500 rose 0.4% to 2,276.98 today, a record high. The Nasdaq Composite, meanwhile, gained 0.6% to 5,521.06, also a record. The Dow Jones Industrial Average advanced 64.51....More>>>
Numerous pricing reports for the UK economy come out on Tuesday, April 12, 2016, at 4:30 AM ET. There is a strategy however, that works well for these kinds of news events. Using Nadex spreads, one can enter the night before at 11:00 PM ET for 7:00 AM ET expirations.
The Office For National Statistics for the UK will release six different pricing reports. The Consumer Pricing Index has....More>>>
MMC Norilsk Nickel PJSC (NILSY) is our first stock pick based on the Trump administration; it is a metal company run mostly by Russians in Londongrad, notes international investing expert Vivian Lewis, editor of Global Investing.
NILSY was cobbled together by a bunch of oligarchs who share the spoils through their shareholdings: 30.3% by Vladimir Potanin Roman, CEO via Interros; 27.l8%....More>>>
While the last two Fed rate hike decisions were largely expected, there are a lot of worrying details about this current Fed tightening cycle that are going unnoticed…
Three factors in particular make this rate hike environment so unprecedented:
The large amounts of quantitative easing (QE) after the housing bubble burst in 2008 The unparalleled amount of transparency....More>>>
Amazon stock is down 12.49% this month as the war of words between President-elect Donald Trump and CEO Jeff Bezos continues.
But despite the pullback in Amazon stock today, we remain bullish on AMZN.
Before we get into our bullish stance on Amazon.com Inc. (Nasdaq: AMZN), here are some details regarding the acrimonious exchange between Trump and Bezos.
Why Amazon Stock....More>>>
This REIT review is an update on CBL & Associates Properties Inc. (NYSE:CBL), a publicly traded REIT that is engaged in the ownership, acquisition, development, leasing, management and operation of regional shopping malls, retail centers, outlet centers and office properties. CBL owns 139 properties containing 81.1 million rentable square feet, of which 7.1 million rentable square feet....More>>>
Basically, all scams appeal to some combination of two emotions: greed and fear. By playing on these emotions, a good con artist can often convince even the most skeptical people to forgo their better judgement when asked to part with their hard-earned money.
The typical romance scam, though, is even more sinister: It plays on the victim’s lonely heart as well. People tend to think....More>>>