Today is the day we want to warn our followers that we expect the precious metals to continue to base with a fairly narrow price range for about 45 to 65 more days before upside pricing pressures start to take hold of the markets. There has been quite a bit of chatter about Gold breaking above $1300 recently. Many people...
On Wednesday of this week, the Federal Reserve will have an opportunity to change the nation's interest rates. Though for the better part of 2018 the chatter suggested three more rate hikes were in the cards for the current year, neither the Fed nor traders believe we'll see one this time around. Inflation has been too tame and borrowing has...
On Wednesday of this week, the Federal Reserve will have an opportunity to change the nation's interest rates. Though for the better part of 2018 the chatter suggested three more rate hikes were in the cards for the current year, neither the Fed nor traders believe we'll see one this time around. Inflation has been too tame and borrowing has...
Not surprisingly, after a monster-sized four-week rally, the bulls finally took a break. Even with last week's modest pullback though, it's difficult not to at least lean towards a bullish near-term future. We're seeing glimmers of political sanity again, and we ended the shortened-trading week on a bullish foot. That is, Friday – the only really bullish day of the...
Not surprisingly, after a monster-sized four-week rally, the bulls finally took a break. Even with last week's modest pullback though, it's difficult not to at least lean towards a bullish near-term future. We're seeing glimmers of political sanity again, and we ended the shortened-trading week on a bullish foot. That is, Friday – the only really bullish day of the...
By Annie Pei, CNBC Over the last few months, all that glitters has been gold. On Friday, gold went negative on the week, its first down week in five. However, the precious metal is up 10 percent since hitting 52-week low in August, and the chart is now flashing a secret buy sign: The "golden cross." The term refers to...
By Annie Pei, CNBC Over the last few months, all that glitters has been gold. On Friday, gold went negative on the week, its first down week in five. However, the precious metal is up 10 percent since hitting 52-week low in August, and the chart is now flashing a secret buy sign: The "golden cross." The term refers to...
By Nia Warfield, CNBC The new year rally now hangs in the balance as the S&P 500 sits right between its all-time high and December low. On Tuesday, all three major stock indexes notched their second-worst daily decline of the year after China, the world's second largest economy, posted its lowest annual growth rate in nearly three decades. At Tuesday's...
By Nia Warfield, CNBC The new year rally now hangs in the balance as the S&P 500 sits right between its all-time high and December low. On Tuesday, all three major stock indexes notched their second-worst daily decline of the year after China, the world's second largest economy, posted its lowest annual growth rate in nearly three decades. At Tuesday's...
For those that still believe the US markets are weak and poised for a total collapse, we want to bring something to your attention. Throughout weeks of uncertainty about China trade deals, the US government shutdown, continued Brexit issues and who knows what else… oh yeah US Q4 Earnings data, guess what has been taking place in some US sectors?...
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