Month: September 2019

Here’s the 3-month chart of GLD.  Quite a run-up there! (credit Fidelity.com) And here’s the 5-day chart of GLD, showing the action on US markets for both intraday and extended hour trading. (credit Fidelity.com) The sudden drop followed directly on the “announcement” of trade talks between the US and China. We use the term announcement loosely here,
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(Photo by Mark Schiefelbein- Pool/Getty Images) Chinese corporations are all over Africa.  In June 2017 a McKinsey & Company report estimated that there are more than 10,000 Chinese-owned firms operating in Africa. What are Chinese corporations doing in Africa? That’s a highly controversial issue. The reason Chinese corporations are in Africa is simple; to exploit the
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Adobe Stock Has the “free lunch” of investing been over-sold to investors? YCharts.com The financial advice industry has been on a sugar-high…that has lasted decades.  Since the 1980s, claims of “Nobel Prize-winning theories” and the virtues of “diversification – the free lunch of investing” have been force-fed to investors ad nauseum.  I have heard it
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An activist investor with a penchant for bold calls about companies losing value spoke to CNBC’s “Squawk Box” on Monday about his latest position, which bets that household products company Church & Dwight will lose half its value. Spruce Point Capital founder Ben Axler published a report last week expressing “significant concerns” about Church &
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What exactly is a stock? Get my latest course : Save time learning to trade at: http://tradersfly.com -If you purchase stock in Google, you own a small fraction of Google. -When you purchase stock, you’re buying a piece of the company. -People buy stock in order to invest -Companies sell stock in order to gain
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Technically, we have yet to reach a point where the markets have entered bearish territory. Despite the Dow Jones Industrial Average shedding nearly 300 points to officially kick off September, the major indices are still up double digits. However, that might change soon, which is why you should consider contrarian investments like entertainment stocks to
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If you were thinking about investing in it, IBM (NYSE:IBM) stock looks fairly cheap right now. Its dividend yield is now very high at 4.6%, assuming its $6.48 annual rate stays unchanged. And now that IBM’s $34 billion purchase of Red Hat has closed, the dividend is looking even more secure. Source: JHVEPhoto / Shutterstock.com
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Hurricane Dorian lit a fuse Seasonality takes over- No significant reaction to the latest inventory report Watch the critical level on the upside When a market has every reason to move lower, and it does not, it is often a sign that the path of least resistance of the price is higher. The price of
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Share to facebook Share to twitter Share to linkedin Shutterstock These 14 funds are the cheapest to own for a brief stint. The usual reason for buying a dividend-rich fund is to get income for retirement. But exchange-traded funds can also be used for speculation. One way to bet on a downward blip in interest rates,
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