Bullish sentiment for gold finished at 95% Monday, and the sentiment moving average is at a level it’s reached only three other times in the past decade.  While these sentiment readings led to higher prices over the next six to twelve months in two of three occasions, they led to a long-term top in the
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Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is one of the largest, most widely followed companies in the market. Year-to-date, Alphabet stock is up about 12%. And following the recent earnings result, many investors are quite upbeat about the internet giant’s fundamentals. Yet with August, the mood in the broader markets has changed and the GOOGL stock price has
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Gold rises to the highest price since 2013 Silver trades north of $17 per ounce A pullback is possible, but the trend is your friend After gold and silver reached highs in 1980, the prices took a back seat for almost one-quarter of one century when it comes fiat currency instruments. The dollar, euro, yen,
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It hasn’t been a smooth ride for Dow (NYSE:DOW) on its recent spinoff. The hope was the entity would be a low-valuation, high-yield stock that appealed to investors for obvious reasons. Unfortunately, Dow stock is a low valuation, high yield stock. But it’s not appealing to investors at the moment. Source: Shutterstock For those who
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Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters A trade organization that oversees the dissemination of trades at the NYSE said Monday’s trading glitch was due to a “network component failure” at the the exchange’s data center in Mahwah, New Jersey. The Consolidated Tape Association (CTA) said the
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Whenever JD.Com (NASDAQ:JD) is examined it’s compared to bigger rival Alibaba Group Holding (NYSE:BABA), and for the most part, that’s not an unreasonable comparison. Both are e-commerce players. Both are in China, primarily taking aim at China’s consumers.But JD stock is materially different from BABA stock. Source: Shutterstock There’s a paradigm shift underway, however, that’s
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There’s nothing better than getting paid for just holding on to an asset. Except if those dividends are paid monthly. Stocks that pay their dividends every month can provide faster compounding when those payouts are reinvested, not to mention budget simplification. After all, mortgage payments, car loans and utility bills are due every month. The
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U.S. stock futures are aiming for their third lower open in a row. Ahead of the bell, futures on the Dow Jones Industrial Average are down 0.19%, and S&P 500 futures are lower by 0.19%. Nasdaq-100 futures have lost 0.25%. Source: Shutterstock In the options pits, put volume took the lead during yesterday’s stock drop.
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A new low in natural gas last week Inventories do not support the current price action in the energy commodity A test of the $2 level is on the horizon Natural gas has been in a bear market since the price fell below the critical levels of support at the 2018 and 2017 lows at
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Panoramic Images | Getty Images Many global investors are turning toward Silicon Valley instead of Wall Street in search of returns. The total invested in private markets hit all-time highs last year and continues to break multi-decade records this year. In the first half of the year, total investments in venture capital hit a 19-year
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It has been a rough year for the Chinese automaker Nio (NYSE:NIO). After reaching its 52-week high in February, the company’s shares tumbled to an all-time low in July. Nio stock has trailed around $3 per share ever since and is down more than 50% in 2019.  Source: Shutterstock Many Chinese stocks have taken a
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