Dennis Gartman discusses which commodities will go higher into the new year.Dennis Gartman has been publishing his daily commentary, The Gartman Letter, since 1987. Over the years, he has also conducted numerous presentations and courses on issues relating to the capital markets and derivatives for various brokerage firms, central banks, and U.S. government entities. In recent years, Mr. Gartman h...Read More
Editor's note: In today's end-of-year issue, you'll find four big investment ides we wrote about in 2017. But this is no bland "retrospective" list. These ideas couldContinue...Read More
Doubtless, that is what this year-end rally would be called in Trumpian lingo, and the "bigliest" of squeezes is in silver, where shorts have been closing moreContinue...Read More
I love the gold bugs!They're steadfast in warning that you can't live on perpetually-expanding debt... or money printing... or zero interest policies. Mainstream economists have been lulled into believing Continue...Read More
Where will it go from here? Today is another down-day for the US dollar, the third in a row, capping a nasty year for the dollar, the worst sinceContinue...Read More
Huma Abedin's first cousin, Omar Amanat, 44 and an associate were convicted of Fraud on Tuesday for deceiving shareholders in their tech company by Continue...Read More
Of major nations, only Japan, Greece, Italy, and Portugal have debt-to-GDP ratios higher than the US. With the new tax overhaul, U.S. government debt will rise by oneContinue...Read More
With gold moving above $1,300 on the last day of trading in 2017 there are a number of encouraging signs that developed in the last 2 and a half weeks. Jordan Roy-Byrne, Founder of The Daily Gold shares his insights on the price action and what it means for 2018. We look at the recent shift in sentiment in the COT reports as well as the put/call ration in GLD.Read More
Low default rates, a lack of investment alternatives and continued strong foreign demand will support high-yield bonds in 2018. Continue...Read More
Continue...Nomi Prins is an American author, journalist, and Senior Fellow at Demos. She has worked as a managing director at Goldman-Sachs and as a Senior Managing Director at Bear Stearns, as well as having worked as a senior strategist at Lehman Brothers and analyst at the Chase Manhattan Bank. Prins is known for her book All the Presidents' Bankers: The Hidden Alliances that Drive American Pow...Read More
LONDON, 29 December 2017 - BullionVault's Adrian Ash is quoted today alongside other financial experts in a 2018 outlook for women savers in top-selling UK newspaper the Daily Mail's Femail section online.Calling gold "a safety net", research director Adrian warns how "those who forget history are doomed to repeat it, and investors seem to have forgotten both the global financial crisis and the Do...Read More
The Dow Jones Industrial Average (DJIA) finished higher today, securing a historic 71st record close of 2017 -- the most ever in a calendar year. Meanwhile, both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC)finished higher as well, boosted by a strong day for financial and tech stocks. Elsewhere,gold and copper futures extended their recent hot streaks, while bitcoin stirred up controversy...Read More
U.S. stocks are holding higher this afternoon amid low trading volumes. Some names making big moves today are Chinese pipe company ZK International Group (NASDAQ:ZKIN), mobile marketing specialist Live Ventures Inc (NASDAQ:LIVE), and forex concern Gain Capital Holdings Inc (NYSE:GCAP). Let's see what's moving shares of ZKIN, LIVE, and GCAP. ZKIN Stock Explodes On New InvestmentsZK International...Read More
Subscribers to Schaeffer's Option Advisor service won big on our Phillips 66 (NYSE:PSX) February 87.50 call recommendation. Here's a closer look at what initially drew us to PSX, and how the successful options trade unfolded.When we recommended the call option in mid-November, Phillips 66 stock sported a year-over-year lead of 11.4%. PSX had recently pulled back from record high levels, but the...Read More
The"Dogs of the Dow" investing theory generally posits that the highest dividend-yielding stocks on the Dow Jones Industrial Average (DJIA) at the end of the year often net the biggest reward over the next year. However, Schaeffer's Senior Quantitative Analyst Rocky White crunched the numbers on the "dogs" of recent years, and examined what blue-chip stocks' 2017 performance could mean for 2018. D...Read More
Much of the energy sector has outperformed this month thanks to rising oil prices. In fact, data from Schaeffer's Quantitative Analyst Chris Prybal shows oil exchange-traded funds (ETFs) are having an unusually strong December, compared to their historical returns, as seen in the table below. But many energy stocks are still facing seasonal headwinds, including Chesapeake Energy Corporation (NYSE:...Read More
The shares of Netflix, Inc. (NASDAQ:NFLX) are muscling higher today, though the specific catalyst is unclear. Meanwhile, fellow FAANG stock Facebook Inc (NASDAQ:FB) is also in the black, after a rough start to the short holiday week. What's more, both NFLX and FB stocks could extend today's upside momentum to start 2018, if recent history is any guide.Netflix the Best Stock to Own in JanuaryNFLX h...Read More
The trading week again will be shortened due to New Year's Day on Monday. However, the market action should pick up substantially after that, with a number of notable economic updates set to hit the Street. Leading the way is the nonfarm payrolls report for December, which will come out on Friday. The Federal Open Market Committee's (FOMC) December meeting minutes should attract plenty of attentio...Read More
U.S. stocks are trading higher at midday, led by a rally in tech stocks. Elsewhere, the market still digesting bitcoin buzz following South Korea's new regulations on cryptocurrency trading, and commodities remain in focus, with natural gas prices soaring, copper extending its quest for new highs, and gold eyeing a ninth straight win. At last check, front-month gold futures were 0.4% higher at $1,...Read More
Copper futures have been red-hot lately, flirting with three-year highs on signs of solid demand from China. Further, the front-month copper contract is on pace for a sixteenth straight up day. Rallying with the metal have been shares of Freeport-McMoRan Inc (NYSE:FCX) and Southern Copper Corp (NYSE:SCCO), and one of the stocks is sending up a signal to buy short-term options right now.FCX Stock E...Read More