Since the start of the year, the markets have taken quite a hit. The Dow Jones Industrials (DJIA) lost up to 1,805 points. The NASDAQ lost 685, as the S&P 500 fell more than 200 points. Billions of dollars were wiped out. Investors ran to the exits. And good sectors were left in ruin for…
DetailsThe banks which were edging towards the brink of collapse just last week and bringing stocks around the world down with them are now bouncing back. The price of gold fell 4% from it’s highs last week and Wall Street is naturally extrapolating the current three day trend indefinitely into the future. Something odd happened…
DetailsOne of the single best stocks to own over the last two years had nothing to do with oil, biotech… or really anything revolutionary. The company – LightPath Technologies (LPTH) wasn’t really anything special at all. It designs, manufactures and distributes optical and infrared components – like molded glass aspheric lenses and assemblies, infrared lenses…
DetailsIf you own gold or are considering buying it, please take the next few minutes and read this. What I’m about to tell you changed is the truth about gold. This simple truth was quite unconventional when I first started exposing it a few years ago. Since it was new, the reception to it was…
DetailsJust 31 days into the New Year, investors are panicking… More than $1.78 trillion has been wiped off U.S. markets… or just over $57.4 billion a day. The entire market cap of Apple ($515.6 billion), Amazon.com ($243.5 billion), Alphabet Inc. ($475 billion), WalMart ($210.3 billion), Exxon Mobil ($336.5 billion), and Chevron ($160 billion) all wiped…
Details“The impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained.” That’s what Fed chairman Ben Bernanke told Congress in March 2007. He was trying to instill confidence in the markets. And it worked…for awhile. The subprime debt wasn’t “contained” though. Not even close. Stocks…
DetailsIn recent weeks, oil prices rallied well off $27.87 lows to more than $34 a barrel. But it’s likely to have been nothing more than a short-lived rally, as the International Energy Agency (IEA) says oversupply is about to get a bit worse… The IEA now expects for oil stocks to grow by two million…
DetailsGoldman Sachs is calling for a major recovery in stocks. It’s reasoning isn’t something you should be banking on though. In fact, it’s something I actively recommend betting against.
DetailsWorld stock markets lost more than $8 trillion this year, as investors fear the global community could dip into recession. Volatility is continuing in 2016, as the Dow loses 1,575 points. The NASDAQ is nearing bear market territory, as former high-flying stocks like Apple, Twitter, Tesla and Amazon.com fall from lofty valuations. Oil has plunged…
DetailsWe’ve been up more than 4,000% on our ACADIA Pharmaceuticals positions… In fact, we have liked and followed the stock for quite some time, recommending it at a low of $1.24 and $2.05 in 2010. It moved as high as $52. That’s a potential profit of +4,094% and +2,437% respectively. Over the last few weeks,…
DetailsIt’s easy in life to make things harder than they are. Even the best of us do it from time to time. The financial industry, from the analysts to the media, is pretty much based on making everything as complex as possible. They focus almost exclusively on the inconsequential, unimportant, and utterly useless. You saw…
DetailsIt’s only expected to get worse… U.S. officials are warning about the spread of the Zika virus days after the State of Florida’s Governor declared a state of emergency where nine people had been diagnosed. The World Health Organization (WHO) called it nothing short of a global health emergency, “spreading explosively” through the Americas… with…
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