Experienced investors know that commodities and equities move in cycles, and understanding where copper, iron ore, nickel and zinc are in the cycle can result in much smarter decisions than blindly following the pack. In this interview with The Gold Report, Salman Partners Vice President of Commodity Economics Raymond Goldie brings some perspective to the charts and…
But the recovery… demand… growth… front-month WTI Crude just broke below $50 for the first time since April… What’s driving the weakness? “unequivocally good” right? Charts: Bloomberg
The rally for the S&P 500 Index (SPX) that started in earnest on July 10th isn’t inspiring traders on Twitter. The daily sentiment reading on the 10th was a healthy +20, but since that time the readings have been at moderate levels in the low teens. 7 Day momentum has turned up from an oversold…
Sprott Asset Management’s Rick Rule is one of the smartest guys in the resource investing world — and one of the most reasonable — which has made his interviews of the past few years a little disconcerting. Along with the obligatory positive thoughts on the long-term value of gold and silver and the resulting bright…
IBM is expected to release second-quarter 2015 results on July 20, after the market closes. Last quarter, IBM posted earnings of $2.91, decreasing from $5.81 the quarter prior. The Estimize consensus, pulling estimates from 68 different analysts, is the same as the Wall Street consensus at $3.80. Estimize is calling for a revenue of $20.970B, just…
WTI oil is the world’s most actively traded commodity and its price is highly volatile. Volatility is the amount a price fluctuates with no regard for direction. For example, if oil volatility is 10% and the current oil price is $50 per barrel, it means within the next year traders expect oil price to change…
The U.S. stock market is finally soaking in the summer sun as the major hurdle to the stock market rally has been cleared up. This is especially true as Greek lawmakers have passed a bailout agreement easing the fears of a debt crisis and the China stocks are showing an impressive rebound from the recent…
This morning, as I returned to my office from my family summer vacation, I was greeted with an email from a good friend and fellow colleague asking if I had read the following in USA Today. To wit: “Giddy up! The Four Horsemen of Tech — Google, Apple, Amazon, and Facebook — helped push the Nasdaq…
Yesterday, just before the Chinese market opened, precious metals but mostly gold, flash crashed in milliseconds with a violent urgency never before seen. We documented the unprecedented event last night, but for those who missed it, the following chart from Nanex clearly lays out just how sudden the “out of nowhere” selling was, which led to…
