Here are 3 Hot Things to Know About Stocks Right Now Sectors leading the sharp declines Thursday included industrials, financials and technology.The Dow finished lower for the fourth time in five days, and is down more than 2,700 points from its record high of 26,616.71 on Jan. 26.The Nasdaq finished lower for the ninth time in 11 sessions; the S&P 500 has fallen for the seventh time in the...Read More
Wall Street futures weakened again Thursday, as bond yields rose and the dollar strengthened, in a cautious session for global stocks that saw markets fall in Europe and Asia that suggests investors aren't quite ready to return to equities following three days of intense volatility that has rocked markets around the world. Contracts tied to the Dow Jones Industrial Average were marked 79 po...Read More
He has risen from the grave... with a thirst for blood.The scourge of Washington, the fiend of Wall Street, this boogeyman's return has markets wriggling in exquisite torture...Rumors of his return were at least partly responsible for Monday's record 1,175 point bloodletting.His stomping footsteps were heard again yesterday afternoon... and stocks sold off violently.The footsteps grew louder today...Read More
The crypto market took some massive hits this week, mirroring action we've seen in the stock market.On Tuesday 99% of the top 100 coins by market cap were in the red.Stories about banks cutting off services to companies and individuals who work with crypto, shutting down their bank accounts, turning off their crypto-loaded credit cards, shutting down their merchant accounts and even freezing their...Read More
The stock market has settled down after Monday's big drop.The Dow Jones Industrial Average finished Wednesday trading just in the red after a volatile start to the week. Meanwhile, the Nasdaq Composite was yesterday's biggest loser. The tech-heavy index slipped late in Wednesday's session to finish the day down almost 1%.We have a chance to take a step back and survey the damage now that stocks ha...Read More
Do you have a brain?If so, then I am very confident you are going to have a major edge investing over the next five years.I know that sounds like a ridiculous thing to say. You're thinking that it's obvious having a brain is a requirement for successful investing.But for the past five years it hasn't been. In fact, thinking has been quite detrimental to stock market performance.But that's going to...Read More
Gold does not capture any safe-haven bids.Speculators turn bearish on gold for the first time in seven weeks, the CFTC shows.ETF investors cut their gold holdings for the first time in three weeks, according to FastMarkets' estimates.Gold is not dead, but its macro backdrop is not as friendly as one would expect, for now.I am long IAU over the long term (12m). I am sorry, but I don't pay attention...Read More
As market turmoil hits both equities and cryptocurrencies, the heightened volatility in these assets underscores gold's unique role as a safe haven, store of value and portfolio diversifier.Stock Market SelloffsWith major US stock indices falling again sharply on Thursday (DJIA - 4.02%, NASDAQ - 4.08%, S&P -3.41%), last Monday's equity market selloff and spike in volatility looks set to be a m...Read More
CloseGain/LossOn WeekGold $1314.80-$2.40-1.28%Silver$16.32-$0.06-1.69%XAU78.35-1.90%-6.59%HUI174.55-2.15%-7.17%GDM596.91-1.61%-7.11%JSE Gold1131.89-10.58-7.89%USD90.43+0.10+1.42%Euro122.38-0.09-1.77%Yen92.09+0.14+1.36%Oil$59.20-$1.95-9.55%10-Year2.855%+0.026+0.60%Bond143.71875-0.75-0.88%Dow24190.90+1.38%-5.21%Nasdaq6874.49+1.44%-5.06%S&P2619.55+1.49%-5.16% The Metals: Gold gained $3.20 to...Read More
By Ira EpsteinGold stable as stock indices have wild trade day.https://www.iraepstein.com/ Read More
Click Here to Listen to the Interview - *the interview begins at 6:18Axel gives a wonderful explanation of what's behind this week's wild market action, weighs in on gold's role as a safe haven in the midst of potential chaos and tells us why he believes volatility his here to stay.Click Here to Listen to the Interview - *the interview begins at 6:18Axel Merk is the Founder, President, Portfolio M...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort273,82882,95160,557158,650364,101493,035507,609Change from Prior Reporting Period -24,499-8,1142,9093,960-15,665-17,630-20,870Traders17091814857260192 Small Speculators LongShortOpen Interest 42,28627,712535,321 -6,381-3,141-24,011 non reportable positionsChange from the previo...Read More
Listen to the Podcast Audio: Click HereMike Gleason: It is my privilege now to welcome in Axel Merk, President and Chief Investment Officer of Merk Investments and author of the book Sustainable Wealth. Axel is a highly sought-after guest at financial conferences and on news outlets throughout the world, and it's great to have him back on with us.Axel, it's a real pleasure to speak with you agai...Read More
Click Here to Listen to the Interview - *the interview begins at 25:00"When we have a bear market again, and we are going to have a bear market again, it will be the worst in our lifetime. Debt is everywhere, and it's much, much higher now."Click Here to Listen to the Interview - *the interview begins at 25:00Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fu...Read More
By Marin KatusaOn Monday, February 5th, 2018 we experienced 'Volmageddon' (Volume Armageddon) where the low volatility indexes got crushed.During Volmageddon, we experienced the largest one-day point drop ever for the S&P 500 at 113.19 points, but an overall drop of 124.21 points within 24 hours.February 5th was the largest one-day point drop, it was nowhere near the all-time largest decline in...Read More
Is this the beginning of a major crash? Join Mike Maloney for his latest update where he analyzes the stock market, gold & silver, and bitcoin. Links:'2018: Things To Come' video: https://www.youtube.com/watch?v=98eDt...What Happens To Gold & Silver If the Stock market Crashes? https://goldsilver.com/blog/if-the-st...Clive Maund: https://www.clivemaund.com/article.ph...Michael Maloney is a preciou...Read More
The unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don't rally forever. With stock selling unleashed again, herd psychology will start shifting back to...Read More
By Market AnthropologyBesides death and taxes - whose ultimatums we continue to try and cheat - the only two things you can truly depend on showing up on a regular basis are gravity and greed. Over the past week, the two collided in the equity markets in rather spectacular fashion, with gravity taking the day. Granted, it's been a while since equity traders felt the strange sensation of gravity....Read More
By Gary ChristensonGlobal stock and bond markets: Watch out below!I discussed over-priced markets here and here and here.2017 was an outstanding year in many markets. DOW up 24.7%NASDAQ 100 up 31% (Wow!)Nikkei up 19%DAX up 12%Gold up 13.6%Silver up 7.1%XAU (gold mining stocks) Index up 8%Dollar Index DOWN 10%We can be certain of the following:Death, Taxes and Politics.When markets move too far a...Read More
By BullionStarhttps://www.bullionstar.com/As market turmoil hits both equities and cryptocurrencies, the heightened volatility in these assets underscores gold's unique role as a safe haven, store of value and portfolio diversifier.Stock Market SelloffsWith major US stock indices falling again sharply on Thursday (DJIA - 4.02%, NASDAQ - 4.08%, S&P -3.41%), last Monday's equity market selloff and...Read More