Month: October 2019

Central Banks are gold’s leading proponents The Dutch central bank explains why Central bank buying provides support for the precious metal The dollar is the world’s reserve currency. Meanwhile, gold is an asset that central banks around the world hold, but rarely talk about. The International Monetary Fund reports on central bank’s reserve holdings each
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This is a reply out our members market wrap from October 22, 2019. We have been selling covered calls and our members asked that Bob review his method for selling covered calls. ✅Take our online survey https://www.surveymonkey.com/r/HW3YH2W ================================================ ✅ Listen to replays on our Podcast using Itunes, Google Play and Spotify https://contrariantrader.podbean.com/ ============================================= ✅14 Day
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A customer pulls into a McDonald’s restaurant in Shepherdsville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Generally, profits are topping expectations by a large margin this earnings season, but there were some notable misses on Tuesday. Some of the largest and most well-known companies in the U.S. — including McDonald’s, UPS and Lockheed Martin
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It was mostly a listless-to-negative day for U.S. stocks as the technology sector faltered, weighing on the major benchmarks. Another delay in the Brexit vote, seemingly a regular occurrence, and data indicating that sales of previously owned U.S. homes fell 2.2% last month were among the headlines hampering equities today. Source: Venturelli Luca / Shutterstock.com
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Last year’s price action was ugly $50 keeps holding I am bullish on oil with a stop below $49 per barrel The price of crude oil continues to bounce off the $50 per barrel level on the active month NYMEX futures contract. Bullish and bearish factors have been pulling the energy commodity in opposite directions
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United Technologies Brendan McDermid | Reuters United Technologies shares rose in trading Tuesday after the top industrials analyst on Wall Street said on CNBC’s “Halftime Report” that he likes the conglomerate’s upside from here. “This is in my view one of the best-of-both-world stocks,” J.P. Morgan analyst Stephen Tusa. Shares of United Technologies were higher
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McDonald’s (NYSE:MCD) has been one of the most consistent stocks in the market. Shares continue to chug higher, as growth is steady and business is consistent. Gone are the worries about McDonald’s impending doom amid a generational shift in eaters’ preferences. MCD stock is not only surviving in the current environment but thriving. Source: 8th.creator
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Bullish sentiment on silver is down significantly from its highs at 97% bulls. While this is a step in the right direction, sentiment readings are high considering a 14% correction in the metal. It’s possible we saw the lows at $16.95/oz, but the possibility remains for an undercut of these lows. It’s been a busy
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