In the summer of 1992, my wife and I lived in Dallas. I had just turned 26 and had two years of marriage under my belt. My career was moving along, but I wasn’t making much money. And I was in grad school. This is the point at which my wife informed me that we…
Market futures are up big again to start the week before Christmas, following 4 straight weeks in the green amidst a bona fide Santa Claus rally and indexes that continue to price in the likelihood of the massive tax cut passage through Congress this week. All three major indexes are up at this hour, none…
Shares of CSX (CSX) are off their worst levels of the session and trading fractionally higher following the death of the company’s CEO over the weekend. While the news prompted a stock downgrade to Hold at TD Securities, JPMorgan analyst Brian Ossenbeck argued that Hunter Harrison’s legacy will continue at CSX and that he sees…
Since the beginning of December, gold and bitcoin have drastically diverged. For the first 11 months of this year, gold and bitcoin were largely positively correlated (albeit low at 0.25). That changed at the start of December… As it seems gold’s relative tranquility was shunned in favor of Bitcoin’s chaos… And hedge fund managers dumping their gold…
With tax reform looking closer to a done deal I chat with Doc about the follow through the impact on precious metals. Although Doc thinks it will be a slow start to the year for PMs there could a bit of a bounce ahead. He also outlines his strategy for continuing to purchase on dips….
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Canadian cannabis stocks have been one of the most attractive places to invest as the country prepares to legalize recreational marijuana before July 2018.This has made the Canadian cannabis market one of the…
The retail sector got a boost with the Commerce Department issuing a report last week on retail and food services sales for the month of November. The data showed that November sales increased 0.8% sequentially to $492.7 billion, surpassing expectations. Sales increased 5.8% from the year-ago period. Meanwhile, total sales for the September 2017 –…
The Chart of the Day belongs to Global Telcom and Technology (GTT). I found the telecommunications stock by using Barchart to review the Top Stocks to Own list, using the Flipchart feature to find a stock with consistent price appreciation. Since the Trend Spotter signaled a buy on 9/1 the stock gained 48.58%. GTT Communications, Inc. offers cloud networking; high bandwidth…
It’s that time of year again … and I love it. We get to take out our crystal balls and predict what 2018 has in store for us. I’m taking an easy one today. Easy, but a highly profitable prediction that will undoubtedly come true. That’s because the market has a natural ebb and flow…
Today marks the seventh day of Hanukkah, and in only seven days, many families across the world will be celebrating Christmas. Not only is it the season of giving, but it’s also time to reflect back on the past 12 months and look ahead to 2018. Below are five questions to help guide your thinking…
