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Best Stocks Of The Top-Performing ETF Of The Past Month

Best Stocks Of The Top-Performing ETF Of The Past Month

Image Source: Pixabay iShares MSCI Global Silver and Metals Miners ETF (SLVP – Free Report) topped the list of best-performing ETFs in the past month, gaining 27.4%. Being a leveraged play, metal miners tend to experience more gains than their bullion cousins in a rising metal market.Though most of the stocks in the fund’s portfolio delivered strong returns, a […]
Streaks Of The S&P 500

Streaks Of The S&P 500

In last Thursday’s Closer, we spotlighted how the S&P 500 has consistently traded at overbought levels this year. Through early afternoon on Tuesday, the S&P 500 was on pace for its 52nd straight trading day of closing at least a full standard deviation above its 50-DMA which ranks as the longest streak since April 1998 […]
What Is Gold Telling Us?

What Is Gold Telling Us?

Image Source: Pixabay Gold started this week at an all-time high. It’s up about 10% since the start of the year. That’s roughly on par with the S&P 500. All of this while inflation is trending down (with some bumps). Source: StockChartsDemand for gold is not coming from individuals but from central banks. Money flows from […]
Is The Gold Miners ETF Ready To Blast Off Higher?

Is The Gold Miners ETF Ready To Blast Off Higher?

Image Source: Unsplash Just as everyone is fawning over Bitcoin and stocks at all-time highs, Gold has quietly made all-time highs. And, just as we wrote earlier this week, that may be a good thing for Gold bulls.Today we turn our attention to the gold miners ETF (GDX) and look at a “monthly” chart.As you can see, the gold miners […]
Investor Memo Q1 2024: The Market Throws Caution To The Wind

Investor Memo Q1 2024: The Market Throws Caution To The Wind

The S&P 500 ended the year 2023 at 4,769. During December, several leading financial firms were asked for their forecasts for the year-end 2024. The results are shown below. The most optimistic forecasts were by Fundstrat (a well-known bullish firm), Oppenheimer, and Yardeni. Considering the strong returns during 2023, four major firms, including Morgan Stanley […]
Silver Lake To Buy Endeavor Group For $13 Billion

Silver Lake To Buy Endeavor Group For $13 Billion

Image Source: Unsplash Silver Lake just announced plans of buying Endeavor Group Holdings Inc (NYSE: EDR) for $13 billion (equity value). Shares of the entertainment company were halted before the announcement. Endeavor stock valued at a 10% premium The private equity firm is willing to pay $27.50 a share for $EDR which translates to a near […]
Prepare For S&P 6000 (And Higher) In The Coming Years-Long Bull Market

Prepare For S&P 6000 (And Higher) In The Coming Years-Long Bull Market

Image Source: Pexels Stocks have delivered a great ride over the past year and a half.That has attracted retail investors back into the markets with a vengeance. Household equity ownership is currently near an all-time high.Does this bull market still have plenty of room left to run?And if so, what are the skeptics misunderstanding?For insight, we […]
Three Travel Stocks To Pay For Your Next Trip

Three Travel Stocks To Pay For Your Next Trip

Greetings from rainy Baltimore Maryland… (Do you know the “Raining in Baltimore” Counting Crows song?)I’m in “Charm City” for a couple of days to meet up with colleagues and chat about trade ideas and long-term investment opportunities. It’s always nice to get in-person time with my coworkers!Yesterday I had a middle seat in the back […]
This Buffet-Backed Stock Cannot Compete With Tesla In The U.S. But Can Threaten It Globally

This Buffet-Backed Stock Cannot Compete With Tesla In The U.S. But Can Threaten It Globally

Image courtesy of 123rf.com During the earnings call in January 2023, Elon Musk had no qualms about Tesla’s challengers. Noting that Chinese automakers work the “hardest and they work they smartest,” Musk correctly identified the unfolding global EV landscape: “If I were to guess, it would probably be some company out of China as the most likely to […]
Sinking Canoe

Sinking Canoe

Among the wreckage of Tesla-wanna-be “new green deal” companies out there, each of which is a flaming dumpster fire of cow dung, one particularly bad one is Canoo (which has the oh-so-clever symbol of GOEV – like GO Electric Vehicle……..get it?) It has lost approximately 99.6% of its value, which is an abysmal performance by any standard. Now, I’m much more of a chartist than a […]