Tuesday, October 22, 2019
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 […]
Last week, House Speaker Nancy Pelosi announced a formal impeachment inquiry into President Trump. According to The New York Times, the inquiry will look at “charging him with betraying his oath of office and the nation’s security by seeking to enlist a foreign power to tarnish a rival for his own political gain.” I won’t discuss […]
Why are investors so fixated on interest rates? If you follow the financial markets regularly, you’ll notice how laser-focused the investment community is on what the Federal Reserve is doing, how bond markets react, and what it all means for interest rates. But why are interest rates so important? What does a change of a […]
Former Fed Chairs, Janet Yellen and Ben Bernanke took great credit for steering the world recovery from the great recession. When something good happens, it’s a result of their masterful strategic planning. Why are they totally surprised when negative news gets reported? The Business Insider headline blared, “A record 7 million Americans have stopped paying their […]
Despite the volatility and heavy stock selling in October, many analysts are expecting the remainder of 2018 to be bullish. The S&P 500 was only up 3% year-to-date after the October bloodbath (prior to mid-term elections), so it stands to reason that stocks are more likely to go up in the final two months of […]
The $5.1 billion deal to buy the Costa Coffee chain by Coca-Cola (NYSE: KO) is just the latest example highlighting the great lengths to which food and drinks companies are trying to keep pace with rapidly changing consumer habits that are upending traditional business models across the sector. The former owner, Britain’s Whitbread, had said […]
I always find it fascinating to see what kind of big trades are being made in the options markets. Some of the smartest strategists in the world use options markets as their playground, so generally speaking, you can assume a lot of research went into these blockbuster type trades. It’s also interesting to guess what […]
On June 29, 2017, meal-delivery firm Blue Apron Holdings Inc. (Nasdaq: APRN) IPO’d at $10 per share. Today, shares have collapsed to just $2. What gives? The company’s business is simple: It delivers pre-portioned, ready-to-cook ingredients (with recipes) to customers’ homes. And if you like a tipple with your meals, it offers Blue Apron Wine […]
A comprehensive lists of the most active stocks, the biggest gainers, and the market’s biggest decliners. Get a quick snapshot of where the market is right now.
After the 2016 election I wrote about Calexit, a movement urging Californians to sign a petition allowing for a secession referendum. In April 2017, they pulled the plug on the initiative when it was discovered the leader of the campaign, Louis J. Marinelli, had Russian connections. He’s now seeking permanent residence in Russia. It didn’t take long […]
