Month: August 2019

Apparently gold traders hadn’t seen the steady rise in the USD since Monday, but that’s OK, humans are exuberant critters especially when they’re trading. Here’s the chart for the US Dollar index UUP showing the Dollar’s week. (credit Fidelity.com) US-China trade war news was mixed. There was a burst of news that new talks were starting,
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Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In lesson four, we learned that a share of a business is one unit of the overall business. For example, if
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Earlier this week, stocks rallied on encouraging comments from President Donald Trump about trade talks with China. Of course, the rally was nice, but it was accompanied by doubts, confirmed by some Chinese media, that the president hadn’t actually talked to anyone in China about cooling off the long-running tensions. Source: rafapress / Shutterstock.com Fortunately,
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It’s only been 3 months since gold broke up through 1200, and just this week gold popped up through 1500. And now here we are pushing up toward 1600 just 2 days later. Your friendly Gold Enthusiast feels like he’s given you all the reasons gold should go up.  In case you weren’t following closely, they
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The market continues to treat almost any stock with significant China exposure badly. As I explained in a recent article about Micron (NASDAQ:MU), you simply can’t invest in most of these stocks until the trade war concludes. This makes AMD (NASDAQ:AMD) stock all the more interesting. As one of the tiny number of semiconductor stocks still faring
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Here’s the good news on earnings: Despite much hand-wringing around tariffs and the global economic outlook, overall earnings for the S&P 500 in 2019 remain “flattish,” meaning they are likely to be little changed from 2018’s record pace. The bad news: Investors remain on edge because confidence in the estimates are not high. “The wild
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Nio Inc (NYSE:NIO) the Chinese electric vehicle (EV) company is faltering. Not only were its July deliveries disappointing (down 38% from June) but there is no indication of whether NIO stock has enough cash to survive its massive cash burn. Source: THINK A / Shutterstock.com Here is what we know about Nio’s cash position. Five
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Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In Unit 3, Lesson 2, we learned about psychology of the stock market and how most traders rely on instincts opposed
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