Category Archive: Finance, No picture
US Stocks Enjoy Highest Post-Midterm Gains Since 1982: 5 Picks
On Nov 7, Wall Street posted its biggest gains after a midterm election since 1982. As was widely expected, Republicans held on to their Senate majority, even extending it by a slim margin. Meanwhile, Democrats gained a majority in the House of Representatives for the first time in a decade. A large swathe of market […]
High Yield Dividend Champion Portfolio November Update
The High Yield Dividend Champion Portfolio is a publicly tracked stock portfolio on Scott’s Investments. The goal is to capture quality high yield stocks with a history of raising dividends. The screening process for this portfolio starts with the “Dividend Champions” as compiled by DRIP Investing. The list is comprised of stocks that have increased their dividend payout for […]
Monster Beverage Slides As It Fights To Stop Potential Coca-Cola Competition
Shares of Monster Beverage (MNST) are sliding following the company’s quarterly report, along with which the company revealed an energy drink dispute with Coca-Cola (KO). This morning, Morgan Stanley analyst Dara Mohsenian downgraded Monster to Equal Weight, citing possible Coke competition, while his peer at Stifel reiterated a Buy rating on the stock and recommended […]
Oil Price Outlook Mired By Ongoing Oversold RSI Signal
CRUDE OIL TALKING POINTS Crude remains under pressure as the United States grants waivers on the Iran sanctions in an effort to curb energy prices, and oil remains vulnerable ahead of the weekend as the Relative Strength Index (RSI) stubbornly sits in oversold territory for the first time since 2017. OIL PRICE OUTLOOK MIRED BY ONGOING OVERSOLD RSI SIGNAL […]
Prices When Gold Is Money
We are getting ahead of ourselves here. Gold does not circulate as money – yet. It might never do so. Perhaps the end of government currency, fiat money imposed on us by government laws, may never be replaced by what for millennia has been the people’s money, gold. Do we even wish it? Given what […]
What To Expect As The Fed Meets Today
Today, the Federal Reserve will release its monetary policy statement for the month. This is a highly anticipated release although no major announcement is expected to be made. The Fed will likely leave interest rates unchanged. Traders will, however, pay close attention to the accompanying statement that will give an indication of the December decision. […]
Market Internals Continue To Tell Us A Worrisome Story
Mike Larson, Editor of the Safe Money Report shares his thoughts on the US markets and how money has been shifting to safer investments. The election results are not going to change this trend which is why Mike thinks we could be in this topping pattern for a while. We also discuss the strategy for […]
Both Parties Won. And Gold?
US mid-term elections are behind us. Surprisingly, both parties won! How is it possible? Let’s read our article and find out! We will also explain what the election results imply for the world and the gold market. Democrats Win The elections were very interesting. We provide you with the key takeaways, focusing on the possible […]
Weekly Unemployment Claims – Thursday, Nov. 8
Here is the opening statement from the Department of Labor: In the week ending November 3, the advance figure for seasonally adjusted initial claims was 214,000, a decrease of 1,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 214,000 to 215,000. The 4-week moving average was 213,750, […]
AUD/USD Long In Good Shape, Profit Taken On GBP/USD Trade
When the Fed does raise its target rate by another 25bp, most probably in December, it will most likely lift the interest on excess reserves by less than 25bp in order to push the effective fed funds rate back to the middle of the target band; the same approach it used in June. There is […]
