The Dow Jones Industrial Average made history this past Thursday, reaching the 40,000-point mark for the first time ever. It broke over 40,000 at about 10:30 a.m. Eastern but closed on Thursday just below that mark at 39,869. On Friday, the Dow managed to close just above 40,000, and it remained above that key level in early trading on Monday.…
Gold has experienced a considerable surge in its value recently. The yellow metal rose past $2,400 per ounce, setting a new record, driven by safe-haven demand, central bank purchases, growing anticipation of interest rate cuts by the Fed, and ongoing geopolitical tensions. Given the industry’s shiny prospects, investors could consider buying these three fundamentally sound gold stocks for exciting returns in…
Biotechnology is an interesting place to look if you’re looking for growth and are not put off by severe levels of volatility. Undoubtedly, there’s a bit of speculative zest regarding some of the smaller biotech stocks out there, many of whom depend on just a handful of pipeline candidates. While the level of growth is more sizeable with small- and mid-cap biotech…
“Sell in May and go away.” Craig Hemke from Sprott Money and I discuss whether there is any truth to this common seasonality saying or whether the indexes and precious metals will continue to hit new highs, keeping traders glued to their seats. Our discussion covered the following topics and questions: Starting with the US equity markets, how is it…
Investing doesn’t need to be hard. Just a couple of well-chosen exchange-traded funds (ETFs) can make it easy — and lucrative. Read on to learn about two great ETFs that can help you safely profit from the growth of the global economy and instantly diversify your portfolio with exposure to thousands of stocks. This post originally appeared at The Motley…
Is climate change real? I do not know, but not because I have ignored it or refused to examine the evidence. In fact, I have meticulously absorbed tons of evidence, engaged in conversations with actual scientists on both sides of the debate, endured demagoguery from advocates of both sides of the question, and painstakingly sorted through piles of data until…
American retirees are gingerly making their way through their golden years, treading forward as all sorts of economic minefields surround them. Maybe that’s why 63% of Americans are more worried about running out of cash in retirement than dying, according to a new Allianz Life study. That’s where being disciplined and creative about low-risk but potentially high-return investments can help, even…
Looking at the S&P 500 E-mini Futures chart, the Fibonacci extension has reached its 100% fully measured move. So, where are we going from here? Another leg up, or will a deeper correction take place? A brief synopsis of topics and charts I cover include: Will the Nasdaq reach its 100% measured move? For major trends, which index do I…
Investing in dividend stocks is one of the surest paths to building long-term wealth. Those who reinvest dividends compound their returns, building sustainable wealth in the long run. However, dividend stocks can be pricey, creating an initial entry barrier for investors simply lacking the funds. The good news is that not all dividend stocks are pricey. That’s the point of this article…
The oil and gas sector prospects appear promising, owing to the heightened geopolitical tensions, anticipated output cuts, and rising demand for crude oil and natural gas. Amid this backdrop, investors could consider buying these fundamentally strong oil and gas stocks. Before diving deeper into the fundamentals of these stocks, let’s discuss what’s shaping the oil and gas industry’s prospects. This…