It’s been a rollercoaster ride to start the month of June for precious metals investors, as silver (SLV) started off June by vaulting back to its pre-correction levels, only to endure a sharp 7% correction over the following three days. Thus far, the bulls have come in and bought up the dip near $17.00/oz, which
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There’s no other way to put it: the stock market was crushed on Thursday. That said, let’s look at a few top stock trades amid the carnage. Top Stock Trades for Tomorrow No. 1: Dow Jones (DIA) The indices were hammered with relentless force on Thursday. Downside volume was very heavy and does not bode
Tonight on Thursday Night Stock Charts Live we discuss if wiser to short China or the US stock market. We’ll discuss negative rates and when we will see gold hit new all time highs. We will also discuss if we are seeing the large cap stock market names getting ready to break down. So, is
Shares of industrial chip-maker Microchip Technology (NASDAQ:MCHP) cratered during the novel coronavirus sell-off. Yet, since then, MCHP stock has bounced back to prior price levels, partially due to the stock market’s rapid reversal and also thanks to the company’s recent guidance boost. Source: ©iStock.com/MADDRAT However, is there still value left on the table? That’s the
Years from now, it’s likely our history books will see the oil industry as the poster child for the economic crisis caused by the novel coronavirus. Shocking everyone, crude oil prices slipped below zero for the first time ever, suggesting that it was more practical to pay to not take delivery. And unsurprisingly, companies such
CNBC’s Jim Cramer said Thursday that the stock market’s recent rip higher was not reflective of actual conditions in the U.S. during the coronavirus pandemic. “There’s just been a happiness trade that has been out of sync with everything, whether it be hot spots in Arizona, or whether it be unemployment, or whether it be
People walk on Wall St. outside the New York Stock Exchange, August 7, 2019. Brendan McDermid | Reuters Bubbly price moves in the stocks of bankrupt companies, a jump in the number of bullish investors and surging activity by small investors in stock options are all signs that the stock market may have run too
One of the best reasons to hold Bank of America (NYSE:BAC) stock these days is the generous dividend. But it’s those dividends that are catching the attention of federal regulators during the novel coronavirus. So Bank of America stock now warrants some new scrutiny by investors. Source: 4kclips / Shutterstock.com Bank of America, as well
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After some wide swings thanks to the FOMC announcement, the broader stock market was down just slightly on Wednesday. With that in mind, let’s look at a few key top stock trades ahead of Thursday’s session. Top Stock Trades for Tomorrow No. 1: Gold ETF (GLD) Like seemingly every other asset, gold sold off in
[Editor’s Note: “10 of the Best Long-Term Stocks to Buy When the Market’s Down” was originally published in March 2020. It is regularly updated to include the most relevant information.] The time to find the best long-term stocks to buy is when the market is falling, and so long as time is on your side,
Facebook (NASDAQ:FB) is either currently facing or is likely to soon face strong opposition from the Federal Trade Commission, all 50 states, the president of the United States, left-wing activists, and the world’s largest digital advertising company. That’s a pretty long list of extremely powerful adversaries. The uncertainty is likely to prevent FB stock from generating
The Federal Reserve Bank building Kevin Lamarque | Reuters In addition to signaling a possible turn in the economy, the big job gains in May give the Federal Reserve some more wiggle room before its next policy move. Markets will be watching this week’s Federal Open Market Committee meeting more for what the central bankers
Federal Reserve Chairman Jerome Powell speaks at his news conference following the two-day meeting of the Federal Open Market Committee (FOMC) meeting on interest rate policy in Washington, January 29, 2020. Yuri Gripas | Reuters The Federal Reserve’s forecast of a slowly recovery economy and its commitment to heavy asset purchases and zero interest rates
It’s been a tough couple of weeks for the Gold Miners Index (GDX) as the sector has plunged nearly 20%, despite a less than 5% drop in the gold (GLD) price. Many investors have thrown their arms up in the air claiming manipulation given the downside leverage we’ve seen in the GDX, but they are
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Elon Musk is a widely renowned investor, inventor, innovator, and engineer with a net worth of $20.2 billion, according to the latest report from Forbes. He is the founder and CEO of Space Exploration Technologies Corporation (SpaceX), where he is also the company’s chief product designer.
As the world strives to return to something resembling normalcy, people are seeking entertainment to escape from the reality of the pandemic. Many entertainment stocks collapsed during the Covid-19 outbreak, but low prices could provide opportunities for value-focused investors. Profiting on this means picking the best entertainment companies and analyzing the data. If you’d like
Most of the time, a company’s CEO is supposed to serve as a cheerleader. In the case of General Electric (NYSE:GE) CEO Larry Culp, however, he’s not giving holders of GE stock much to cheer about lately. Source: testing / Shutterstock.com Honesty is supposed to be the best policy in life, but is it possible
Jeff Bezos, founder and CEO of Amazon, smiles as he speaks during the Economic Club of Washington’s Milestone Celebration event in Washington, DC, on September 13, 2018. Saul Loeb | AFP | Getty Images Amazon is introducing a new digital credit line for U.S.-based merchants with partner bank Goldman Sachs, CNBC has learned exclusively. Small
Take a look at some of the biggest movers in the premarket: Chewy (CHWY) – Chewy posted a loss of 12 cents per share, smaller than the 16 cents a share loss that Wall Street had anticipated. The pet products retailer also reported better-than-expected revenue and gave an upbeat revenue forecast. Active customers now stand