Trump may be facing an uphill battle he can't win in 2020.The much-anticipated "Blue Wave" washed over America on November 6. But it didn't hit all states equally.Some states, like California and New Jersey, were electoral graveyards for Republicans. In a few states, Republicans actually picked up a seat or two.But overall, Democrats saw their biggest gains in Congress since Watergate. They picked...Read More
by John Mauldin via Forbes.comA Worldwide Debt Default Is A Real PossibilityIs debt good or bad? The answer is "Yes."Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don't have cash yet.Whether it's wise or not depends on what you buy. Debt to educate yourself so you can get a better job may be a good idea. Borrowing money to finance your vac...Read More
Most investors are cautious. Nothing is rising, be it stocks, commodities or bonds. Sitting on cash is the favorite pastime of traders and investors. There will be short term certain direction after the G20 meeting and US November nonfarm payrolls on 7th December. It is just keeping a hawk eye and making the right investment. Do invest with the herd. Herd trading can result in more losses than p...Read More
Gold suffers the worst decline in 2 weeks after losing a key level. Move lower was triggered by a stronger US dollar. The yellow metal dropped sharply today and lost more than $10 from daily highs. Gold bottomed at $1,211.80, the lowest since November 15. From the lows bounced to the upside, but the recovery was capped by $1,215. As of writing, trades at $1,214, headed toward the low...Read More
Early investors could see a windfall as this invention unlocks $15.7 trillion in revenue.It's been called humanity's last invention...The "king of disrupters."And "the most important conversation of our time."Insiders are already predicting it will have a bigger economic impact than the steam engine, electricity and the internet...The World Economic Forum claims it will usher in the "4th industria...Read More
The TSX Venture Exchange has accepted for filing the following share purchase agreements. A share purchase agreement dated Aug. 12, 2018, between the company and Jayden Resources Inc., whereby the company will acquire an 80-per-cent interest in the Silver Coin property located in British Columbia.The purchase is through the acquisition of the issued shares of Jayden Resources (Canada) Inc. Conside...Read More
Gold Trading Opportunity: Gold on daily chart currently trading at 1213 fell from 1228, as shown in the chart technically forming a inverse head and shoulder pattern where currently forming a right shoulder which the base should be around 1212-1214., If the day holds or close above 1213 can see a sharp rise till 1233 upside which the pattern will complete. A break can see a rise till 1260 a...Read More
December is historically a bullish month for stocksDecember is known to be a bullish month for stocks. The table below comparing monthly returns of the S&P 500 Index since 1950 confirms this, with the last month of the year showing both the highest average return and percent positive. Another interesting stat for December is that since 1929 -- as far back as we have data on the index -- it has nev...Read More
Mr. Akiko Levinson reports IRVING RESOURCES COMPLETES NON-BROKERED PRIVATE PLACEMENTIrving Resources Inc. has closed the non-brokered private placement announced on Nov. 20, 2018. The company raised $2,083,802 by the issuance of 1,894,365 units at a price of $1.10 per unit.Each unit consists of one common share of the company and one-half of a share purchase warrant.Each whole warrant is exercisab...Read More
Oil and gold both finished lower, however, as the U.S. dollar ticked higherThe Dow opened lower today -- pressured in part by losses for tariff target Apple (AAPL) ahead of this weekend's much-anticipated G-20 meeting -- but the index eventually clawed higher after exploring a 334-point range on both sides of breakeven. Traders showed some cautious interest in defensive names after Fed Vice Chair...Read More
Stronger US dollar pushed gold prices to the downside. XUA/USD broke key short-term support and tumbled to the lowest since November 16. Gold turned to the downside and accelerated after breaking a relevant technical level and amid a broad-based US dollar strength. The greenback rose after a report signaled that US President Trump could impose as soon as next week, a 25% tariff in al...Read More
A free tool can help traders bank big this earnings season.We are in middle of Earnings season, which means the time to bank some big wins is now.Tech stocks (AAPL, FB and BIDU) just released Earnings few days ago, and you need to position yourself now in order to make maximum profit from it.One company can help any investor do just that.They've developed a tool that predicts volatility based on...Read More
The stock has historically struggled in DecemberApple (AAPL) is in the news today, after President Donald Trump threatened a 10% tariff on iPhones and laptops imported from China. As a result, Apple suppliers such as Qorvo Inc (NASDAQ:QRVO) are lower today, down 0.5% to trade at $65.34, at last check. What's more, the worst could be yet to come for QRVO heading into December. According to Sc...Read More
Bearish traders are targeting X ahead of the G-20 summitThe U.S. stock market has made amove higher in the last hour of trading. A number of individual stocks are making notable moves, too, including cardiovascular disease specialist Amarin Corporation (NASDAQ:AMRN), steelmaker United States Steel Corporation (NYSE:X), and alternative energy stock Vivint Solar Inc (NYSE:VSLR). Here's a quick look...Read More
Economists polled by Refinitiv expected the consumer confidence index to slip to 135.9 in November from 137.9 in October."Consumers' assessment of current conditions increased slightly, with job growth the main driver of improvement. Expectations, on the other hand, weakened somewhat in November," The Conference Board's Lynn Franco says.The decline in business, income and labor expectations comes...Read More
RACE shares have struggled since their June peakFerrari N.V. (NYSE:RACE) call volume running wild today, with more than 4,800 contracts crossing, compared to a daily average of just 667. Trade-Alert notes that more than half the volume has taken place at the February 2019 105-strike call, where one speculator loaded on more than $2 million worth of options -- almost 2,800 contacts in total -- via...Read More
Mr. Dan Stuart reportsJUGGERNAUT ARRANGES $1,650,000 FUNDING Juggernaut Exploration Ltd. has arranged a non-brokered private placement forgross proceeds totalling $1.65-million. The offering has strong support from both institutions andaccredited investors alike in both the Americas and Europe. Upon closing, Juggernaut Exploratoin will be firmlypositioned to meet its 2019 exploration commitments o...Read More
Gold has been a little quite over the past week and a half or so. Last week's entire range was under $12, as it traded between $1218 and $1230. The precious metal is yet to break outside of this range so far this week. After a positive start yesterday, the metal ended lower as the dollar rose again while yields rebounded. It has started today's session on the front foot again, but let'...Read More
UTX has ended December higher nine times over the past 10 yearsIt's been a rough day for blue chip United Technologies Corporation (NYSE:UTX) down 5.7% to trade at $120.56. Driving the stock lower is the announcement that the company will split into three separate entities: aerospace, elevators, and building divisions. It is one of the biggest companies ever to pursue such a split, and has been u...Read More
The S&P and Nasdaq have both traded in positive territory todayAfter starting the day in negative territory on new tariff threats from U.S. President Donald Trump, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have tested positive territory, though the former was last seen in the red once again. Meanwhile, a sharp sell-off from United Technologies (UTX) is keeping pressure on the Dow Jones I...Read More