When most investors think of precious metal investments, they immediately think of gold. Silver tends to take a backseat to gold and platinum, but that is understandable. Gold is trading for $1,965 an ounce and platinum is over $982 an ounce. Silver is trading at $27 an ounce and that’s after a pretty sizable rally. […]
Investors that bought Vipshop Holdings (VIPS) one year ago have experienced some very impressive gains, even after a recent brutal decline. The stock was trading below $7 at the beginning of August 2019. By January of this year the stock was trading above $14, giving investors a gain of 100% in less than six months. […]
The global economic slowdown has caused demand for oil and natural gas to fall. A recent report from the U.S. Energy Information Administration shows that the demand for various natural gas products will decline by 3% in 2020 and the demand is expected to remain low in 2021. This isn’t the news natural gas producers […]
There have been a great number of articles written about gold and its huge rally from the March low. I wrote a piece two weeks ago about how investors should watch the Commitment of Traders (COT) report to see when large speculators have become too bullish. I am still keeping an eye on those reports […]
Many analysts predict that gold is going to increase dramatically and is ripe for buying. Some are saying that it can go as high as $5,000 per ounce. Gold is often bought as a hedge to inflation and prevent loss of purchasing power. In the midst of the uncertainty in the markets, it is highly likely […]
Expenditures among back-to-school households are estimated to be $769.49 in 2020, up from $696.70 in 2019. This projection seems unlikely for several reasons: As it is being reported in the news, the United States is likely to head into a recession due to higher unemployment in 2020 brought on by reoccurring COVID shutdowns. Additionally, […]
Online retailer eBay (EBAY) went on an incredible run from March through July. The stock gained over 135% from its low to its July high. The company reported earnings on July 28 and the stock slipped a little after the earnings report. The earnings weren’t bad. In fact the company surpassed both the EPS estimate […]
Citrix Systems (CTXS) reported fiscal first quarter earnings on July 23. The company beat estimates on both the top and bottom line. The company reported earnings of $1.53 per share and that was considerably better than the $1.23 that was estimated. The $1.23 mark was also what the company earned in the first quarter of […]
There is considerable hype surrounding Tesla (TSLA) stock. The price has skyrocketed to almost $1,800 from $357 in mid-March. The stock has had a history of being heavily shorted. One of the main reasons that Tesla has risen so much is that there is a huge amount of shorting selling. This added even more fuel to […]
Investor interest in gold has been high during the last few months, driven by the global healthcare crisis, low interest rates and U.S. equity markets lofty valuations. Accordingly, gold prices have sharply increased in the last few weeks and now stand at historical highs. A popular way of investing in gold is the SPDR Gold […]
