Gold: The commodity continues to threaten further upside on correction. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level. Further down, a cut through here will open the door
June 1, 2016
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW + 2 = 17,789 SPX + 2 = 2099 NAS + 4 = 4952 10 Y + .01 = 1.84% OIL – .22 = 48.88 GOLD – 2.30 =
Government Intervention is Making Things Worse Our good friend and frequent contributor Claudio Grass, the CEO of Global Gold, has recently interviewed legendary Swiss fund manager Felix Zulauf. A wide range of topics was discussed, including monetary policy, the market
Government Intervention is Making Things Worse Our good friend and frequent contributor Claudio Grass, the CEO of Global Gold, has recently interviewed legendary Swiss fund manager Felix Zulauf. A wide range of topics was discussed, including monetary policy, the market
With price-to-sales at it highest ever for US equities, we thought the following three simple charts may provide some cynical, skeptical, fiction-peddling facts as everyone waits for payrolls this week… Earnings expectations remain entirely decoupled from equity index price ‘reality’… And While Industrial
Photo Credit: Gareth Halfacree Broadcom Limited (AVGO) Information Technology – Semiconductors | Reports June 2, After Market Closes Key Takeaways The Estimize consensus is calling for earnings per share of $2.43 on $3.56 billion in revenue, 5 cents higher than Wall Street
I often include charts in my weekly missives for a number of reasons, but the truth of the matter is that they add a little color to what would normally be a pretty drab bombardment of opinion delivered via text.
Shares of Box (BOX) slumped Wednesday after the cloud file-storage company reported first quarter results. Though loss per share of 18c on revenue of $90M was ahead of analyst expectations, billings grew just 9% year-over-year to $76M, a deceleration from
The Dow Jones Industrial Average today (Wednesday, June 1) recovered in the afternoon as improving U.S. factory data helped fuel optimism. However, markets were sliding earlier in the session after negative reports emerged from China on the health of the nation’s manufacturing
Here’s your swing-trading watch-list: Long Builders FirstSource (BLDR) Long Superior Energy Services (SPN) Long AmTrust Financial Services (AFSI) Long Ingersoll-Rand (IR) Short Six Flags Entertainment (SIX)
