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By Sean Brodrick On August 4, 202003:00 PM Eastern
Boom! Gold prices jumped right through overhead resistance at $2,000 today, hitting a new record. Silver prices are also sharply up and are poised to close at a seven-year high.
Driving the move...
By Jon D. Markman On August 4, 202011:30 AM Eastern
Welcome to the first edition of the Weiss Technology Portfolio, an upgrade and improvement of our already successful Tech Trend Trader. I thought now would be a good time to write about what I’m...
By Jon D. Markman On August 4, 202006:28 AM Eastern
Stocks ripped higher on Monday with tech shares at the tip of the spear amid buoyant merger news, positive developments on the hunt for a COVID-19 vaccine, and better data on manufacturing.
The...
By Jon D. Markman On August 3, 202003:00 PM Eastern
Stocks advanced Monday, as Microsoft (MSFT) shares helped draw the tech sector higher and data showed improvement in the manufacturing industry even as the pandemic rages.
Through 2:30 p.m....
By Martin D. Weiss, Ph.D. On August 3, 202002:03 PM Eastern
U.S. consumer spending, which accounts of two-thirds of the economy, plunged at an annual rate of 34.6% in the second quarter.
It was, by far, the worst in history.
U.S. auto sales are also...
By Jon D. Markman On August 3, 202006:28 AM Eastern
Equities flung themselves higher at the last minute on Friday as surging technology shares more than offset falling energy issues, while federal lawmakers failed to agree on a new package of...
By Tony Sagami On July 31, 202006:03 PM Eastern
A “V”-shaped recovery? That’s what Wall Street keeps telling us is coming.
So how come governments around the world keep coming up with multi-trillion-currency stimulus plans?
Last week, the...
By Jon D. Markman On July 31, 202002:15 PM Eastern
Technology shares are outpacing the broader equity market on Friday, as investors close July with strong financial results from top Nasdaq 100 companies and no pandemic relief package from the...
Wealth Megatrends
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By Sean Brodrick On July 31, 202012:00 PM Eastern
The past couple weeks have seen gold and silver rally, with gold reaching record highs near $2,000 an ounce and silver reaching multi-year highs near $26 an ounce.
No sooner do they touch those...
In your last issue, I recommended you lock down income on your August McDonald’s Corp. (NYSE: MCD, Rated “C+”) put spread. Guess what? You should have been able to exit that trade at a net cost of...