Wednesday, April 1, 2020
Investors are on the hunt for bargain stocks with Congress reaching a deal on a $2 trillion stimulus package to fight the economic damage done by COVID-19. For instance, on the day the stimulus package seemed likely to pass, the S&P 500 index shot up over 9%. That same day, gold futures soared, up nearly […]
The financial markets are in high volatility mode as the fears of the coronavirus and the ensuing actions by the government are driving huge price swings. We’ve gone from some of our biggest down days in history (in terms of points, not percentages) to one our biggest up days ever, to back down again. To […]
When the stock market does its best impression of a swan dive, it tends to come from an unexpected catalyst. It’s generally not something about interest rates or corporate earnings or jobless numbers. Those factors matter over time, but they don’t usually cause sudden, severe moves in the market. No, very large selloffs often come […]
When Everyone Panics, Alpha Pro Tech Shines Whenever there’s a virus outbreak like we’re having now, the stock to look at is Alpha Pro Tech (APT). Honestly, the company isn’t that impressive except for one important fact. When panic spreads, their stock soars. So what do they do? According to Hoover’s Alpha Pro Tech “makes […]
In recent days, there has been unusual options activity in iShares Silver Trust ETF (SLV). SLV is the one of the most popular ways for investors to trade silver. Precious metals have become a popular investment lately as interest rates return to ultra-low levels. Gold has seen quite the run higher, and as it gets […]
There has recently been unusual options activity in SPDR Gold Shares ETF (GLD). GLD is a popular method for trading gold as the ETF is based on physical gold holdings. Gold prices are moving higher due to the potential conflict between the US and Iran. Gold is often used as a hedge against uncertainty, and […]
Although the stock market has had its share of ups and downs over the last couple of months, the price of gold has been surprisingly stable. In August, the gold futures reached $1,500 an ounce. Fast forward to mid-October, and futures are still right around that $1,500 level. Why have gold prices remained elevated despite […]
The price of gold is soaring for the first time in over 5 years as investors have begun stockpiling safe-haven investment vehicles. Bonds, gold, and other precious metals are seeing a significant uptick in demand as the global economic picture becomes murkier by the day. Gold futures are trading for over $1,550 an ounce. The […]
Gold prices could be set to move at least 15% in either direction by the start of next year. A trader purchased over 1,000 GDX straddles which is an options strategy used to bet on movement in an underlying asset without trying to guess direction. This particular straddle suggests a big move could be coming […]
With all the talk of interest rates, inflation, and recessions, it’s no surprise that gold has become a popular topic in the financial media. Gold tends to gain popularity among investors when there is uncertainty regarding the economy. More specifically, when there is concern the US dollar is going to become less valuable, gold starts […]
