The price of crude oil topped out in June 2014, then bottomed in February 2016 and has since partially recovered. During this period, the price of oil plunged by 76% and reached historic proportions, even in relation to other energy boom and bust cycles of the past. Let’s update the energy sector’s present status and use historical trends to anticipate what the future holds for investors.....More>>>
Stocks fought off weakness to end marginally higher on Tuesday as energy shares rebounded in concert with oil prices. But market sentiment remained cautious ahead of a meeting later this week between President Donald Trump and his Chinese counterpart Xi Jinping.
Investors also are awaiting Fridays jobs report.
The S&P 500 index
U.S. equities mostly finished lower on Monday as volatility continues to ramp up, led by deepening weakness in big-cap tech stocks. Known as the “FAANGs,” these were the stocks that have captivated the attention of investors in recent months for their seemingly relentless upward momentum.
But after some disappointing results/guidance from Amazon.com, Inc. (NASDAQ:AMZN) and....More>>>
The Dow Jones Industrial Average (DIA) crossing 25,000 for the first time on Thursday reinforced the major issue value investors have had for virtually all of 2017 and look set to continue grappling with: the lack of attractively priced investments in the market. One of the better ways to solve this problem has been to look at which stocks have received little coverage on Seeking Alpha, as they....More>>>
Gold prices hit a four-month low yesterday (Tuesday) after languishing near $1,275 since the start of October. Despite the pullback, there are three major gold catalysts everyone is overlooking.
That’s why Money Morning Resource Specialist Peter Krauth just released a shocking new gold price forecast for 2020.
Krauth believes gold prices could rise another 6.7%, to $1,350,....More>>>