There’s a lady who’s sure all that glitters is gold, so why doesn’t she have it in her portfolio? Yes, there are two paths you can go by… The world’s most precious metal is not only a safe haven when stocks are falling, it is also a classic hedge when inflation expectations are rising. Yesterday’s update from the Federal Reserve…
While Amazon (Nasdaq:AMZN) and Apple Inc. (Nasdaq:AAPL) have undeniably eclipsed the headlines this week, I took to the Street to shine the spotlight on other large-cap stocks ready for take-off. Now let’s unravel what makes these 3 trending stocks so exciting right now: Netflix (Nasdaq:NFLX) Streaming giant Netflix is soaring right now. The company- which…
Tesla may be a great company that builds exciting cars, but we wonder if investors are being compensated enough to lend Tesla money. Given its current state of production, Tesla burns mountains of cash and has routinely undershot guidance on delivering cars to eager customers. As a result, free cash flow has been negative since the inception…
The euro bounced after being drilled to support in the $1.1930 area post-FOMC yesterday. The recovery has not been derailed by a shocking miss on the preliminary April CPI. Headline CPI slipped to 1.2% from 1.3%, but the more meaningful miss was the slump in the core rate to 0.7% from 1.0%. Recall that the…
In the quest for a GARP stock with room to run, low short interest, positive free cash flow, a surprising find dropped out of the screener. Regeneron meets all of these prerequisites, plus delivers on high margins, steady top- and bottom-line growth, great management ratios, and an expanding drug portfolio. The C-suite continues to invest…
I am joined by bond and options expert Bill Addiss to discuss the current state of bond markets. Video Length: 00:46:57
Asian stocks indexes struggled on Thursday after a rough day on Wall Street on Wednesday which culminated in losses in all three major indexes. Leading Wall Street’s losses was Snap which tanked 15 percent on Wednesday after reporting disappointing revenue. Tesla shares also plummeted 5 percent after the company’s Chief Executive, Elon Musk, refused to…
The EUR/USD made attempts to recover after the Fed but does not go too far. A busy day with euro-zone inflation and the US ISM Non-Manufacturing PMI. The technical picture remains bearish but oversold conditions may provide room for recovery. The EUR/USD is trading below $1.2000 as the dust settles after the Federal Reserve left the…
Once again, spot gold ($1,305.60/ounce) is testing crucial support. The US dollar can help, at least near-term. The yellow metal has pretty much been range-bound for two years now – between $1,300 and $1,360-70. Most recently, the upper bound was tested on April 11. Subsequently, it lost the 50-day moving average, on its way…
Gold prices attempted a short-lived recovery but failed to sustain momentum yesterday. The metal probed higher as a reserved tone from the Fed cooled hawkish exuberance, as expected. A reversal wasn’t far behind however as traders digested language signaling greater scope for tightening beyond 2018. That steepened the yield curve and sent the US Dollar higher, tarnishing the…
