The 2020 U.S. election is taking place on Nov. 3 with President Donald Trump and former VIce President Joe Biden battling for the lead position.Gold Price Analysis: The U.S. presidential election will play a huge role in shaping the global economy and gold prices are expected to react in the run up to the election […]
Markets are down, but not collapsing. Investors remain worried about the coronavirus, and Tuesday’s election remains up in the air. Uncertainty rules the day, exacerbated by recent market losses. Wall Street, however, expects that the bulls will start running again after next week’s results – who wins will be less important than having a result.In […]
(Bloomberg) — Gold headed for a third monthly drop — the longest run since 2019 — as investors favored the dollar as a haven in the final days before next week’s pivotal U.S. presidential election, a contest that coincides with a wave of coronavirus cases that’s ripping through the top economy and Europe.Uncertainty remains high […]
(Bloomberg) — Fresh concerns about the outlook for technology giants fueled a decline in stocks and U.S. equity-index futures on Friday. The yen strengthened.European shares opened lower, with miners among the biggest losers after Glencore Plc, the world’s biggest shipper of coal, reduced its production target for the third time this year. Nasdaq 100 contracts […]
(Bloomberg) — Central banks became gold sellers for the first time since 2010 as some producing nations exploited near-record prices to soften the blow from the coronavirus pandemic.Net sales totaled 12.1 tons of bullion in the third quarter, compared with purchases of 141.9 tons a year earlier, according to a report by the World Gold […]
(Bloomberg) — U.S. and European futures rebounded from the worst of Wednesday’s declines, though Asian shares retreated as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from the pandemic.Losses were more modest across Asia than in the American session, with shares in Australia faring worst and those in China rising. […]
It is hard to get excited after looking at Alamos Gold's (TSE:AGI) recent performance, when its stock has declined 21…
In this article we are going to use hedge fund sentiment as a tool and determine whether Barrick Gold Corporation (NYSE:GOLD) is a good investment right now. We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, […]
Investors are always on the lookout for the best stock purchase, but the signs that indicate the ‘right’ stocks are an inconsistent lot. A high or rising share price, upside potential, or dividend payment have all been used – but all have their exceptions. Some investors say to keep away from low-cost stocks, as a […]
Spot gold fell 0.2% to $1,897.71 per ounce by 0908 GMT, after hitting $1,890.19, its lowest since Oct. 15. U.S. gold futures fell 0.3% to $1,900.50. “There seems to be a lack of impetus to find extra buyers (for gold)… A lot of it is because we’re trading in the looming shadow of the U.S. […]
(Bloomberg) — European stocks and U.S. futures dropped as coronavirus infections continued to climb and investors doubted that Washington lawmakers will reach an economic stimulus package anytime soon. German software maker SAP SE plunged 20% after cutting its revenue forecast, saying that pandemic will continue to hurt business. Investors sought protection in haven assets. Treasuries […]
Prices edge higher for the week
Hardware is becoming software, so investors are dumping hardware. At the same time, software is moving to the world of the cloud. These trends undeniably shape what tech stocks you should be buying. Most computer chip companies today are “fab-less,” based not on manufacturing, but designs written in software. That is why Nvidia (NASDAQ:NVDA) today […]
Gold markets initially tried to rally during the week but gave back the gains to form a bit of a shooting star. We are dancing around the $1900 level.
(Bloomberg) — Polyus PJSC, Russia’s largest gold producer, said its untapped Sukhoi Log deposit in Siberia holds the world’s biggest reserves.An audit showed Sukhoi Log has 40 million ounces of proven reserves as measured by international JORC standards, with an average gold content of 2.3 grams per ton, Chief Executive Officer Pavel Grachev said. That […]
(Bloomberg) — Global stocks and S&P 500 equity futures slumped as investors worried about delays to U.S. economic stimulus, the impact about surging virus cases across Europe and the possibility of American election interference. The Stoxx Europe 600 Index lost 0.9% and reached the lowest level in a month. The MSCI Asia Pacific Index fell […]
We’ve talked a lot about the economic downturn of this past spring and summer, and that’s a real story. The sequel, of course, is the remarkably fast recovery we’ve been experiencing, as first the stock market and then the general economy began bouncing back.The addendum to all of this, of course, is that there are […]
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to…
(Bloomberg) — Asian stocks, U.S. and European futures advanced Monday amid optimism about some progress on stimulus talks in Washington. Treasuries dipped.S&P 500 Index futures gained after the gauge closed higher for a third week on Friday. Stocks climbed across Asia with those in Japan outperforming. Speaker of the House Nancy Pelosi set a Tuesday […]
Novavax (NASDAQ:NVAX) stock has surged in 2020, but is it ready to take off again? It’s hard to tell. Source: Ascannio/Shutterstock.com On one hand, the company’s Covid-19 vaccine candidate, NVX-CoV2373, remains a contender. And, with a secondary catalyst in NanoFlu, there’s plenty in motion that could send shares rallying yet again. But it’s no slam […]