Finance

Money Managers Leaving Gold Behind

The best bets are now being laid by bears. You’ve no doubt noticed gold’s recent tumble. Bullion prices have plunged through key support levels to reach five-year lows at the $1,100 level. It shouldn’t have come as a surprise. Money managers have been climbing aboard the short gold train for several weeks, breaking down speculative…

NQ Support Zone

As delighted as I am to see the NQ getting wrecked, I want to caution any bears out there (in case there are still any left besides me) that this drop is really just wiping the foam off the beer. We are falling back toward what is fairly strong support, pointed out below at the…

Illinois Tool Works Beats Q2 Earnings, Raises 2015 Outlook

Industrial tool maker Illinois Tool Works Inc. (ITW – Analyst Report) reported impressive results for second-quarter 2015. The company’s earnings came in at $1.30 per share, surpassing the Zacks Consensus Estimate of $1.28 as well as the year-ago tally of $1.21. Also, the bottom line scaled the higher end of Illinois Tool Works’ projected range of $1.22−$1.30 per share….

Interview Of Mark Papendieck, Of Orinoco Gold

TM Editors’ Note: This article discusses a microcap penny stock. Such stocks are very easily manipulated; do your own careful due diligence. The following interview of Managing Director Mark Papendieck of Orinoco Gold was conducted by Peter Epstein, CFA, MBA over the week ended July 20th. Orinoco Gold is an interesting gold junior with a soon-to-be-producing mine in the Brazilian State of Goias….