Stock Market

Sharing is Caring! by Frank Holmes, CEO, U.S. Global Investors For the past decade, citizens of Latin American countries have grown bolder in protesting their governments’ failed socialist policies. We’ve seen unrest in, among other states, Venezuela, Chile and Colombia, but until recently, we hadn’t heard a peep from Cuba, which has been under communist rule since Fidel Castro’s revolution
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The earnings season saga continues, and it isn’t always pretty. The Boston Beer Company, Inc. (SAM) reported missed consensus expectations last Friday, to the dismay of investors. Missing on earnings is one thing, but cutting guidance is another. The company downgraded its future outlook, and shares tumbled more than 26% on the news. (See Boston Beer
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Sharing is Caring! by Charles Hugh-Smith Corporate America sacrificed national interests in service of greed, and so did the U.S. government. As we all know, the source of Corporate America’s unprecedented explosion in profits in the 21st century is the offshoring of manufacturing to China. If you doubt this, please study the chart below of corporate
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Regulatory risk is something any pertinent investor should take into account when making decisions, especially when it comes to companies based in China. The world’s most populous country’s government frequently involves itself in the business happenings of several publicly traded companies. Most notable are the threats made against the ride-sharing company Didi Global Inc. (DIDI), causing share prices to dramatically
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Sharing is Caring! by confoundedinterest17 John Burns consulting has this interesting chart showing a slight slowdown in home price growth. But HPI growth is still growing strong. At 17% YoY in June. The Case-Shiller National home price index, growing at 14.6% Yo is lagged with reporting only as of April. But you can see the slowing M2
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Sharing is Caring! From Birch Gold Group If you were awake at all this week, you caught glimpses of the stock market drama. Maybe you tuned it out? Here’s a quick recap: Monday. Huge sell-off, the worst one-day decline since October 2020. Tuesday: Big rebound recaptured 80% of Monday’s losses. Wednesday: Rally continues, Monday’s losses fully
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In this article HON TWTR INTC SAM SNAP Pedestrians walk past Skechers shoes displayed outside of a store in San Francisco, California. Getty Images Check out the companies making headlines before the bell Friday: American Express – American Express gained 3.3% after reporting quarterly earnings of $2.80 per share. That beat the consensus estimate of
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Sharing is Caring! by confoundedinterest17 Talk about NIRP (negative interest rate policy). The Real 30-year mortgage rate (nominal rate – headline CPI YoY) has now fallen to -2.35%. While the REAL 30-year mortgage rate is at its lowest level since 1975 and President Gerald Ford, home price growth is at its highest in history and higher
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In this article AXP INTC SAM HON TWTR S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of Snap soared roughly 24% after better-than-expected second-quarter earnings results. The social media company reported strong growth of users, engagement and ads. Twitter — Twitter shares gained 3.4% after reporting its fastest revenue
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Sharing is Caring! by confoundedinterest17 Since the Covid outbreak of March 2020, The Federal Reserve entered markets in force, spiking their assets purchases and continually expanding their balance sheet. Consequently, stock and bond market volatility (as measured by VIX and MOVE) have been repressed. But commodities are a different story. Crude oil futures are tracking The
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In this article NTGR CROX LUV WHR ULVR-GB A customer selects bar of Dove soap, a Unilever product, at a Sainsbury’s supermarket in London, U.K. Bloomberg | Getty Images Check out the companies making headlines before the bell Thursday: Netgear – Netgear shares plummeted 14.2% after the computer equipment maker reported lower-than-expected sales and revenue
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Cassava Sciences (NASDAQ: SAVA) is a clinical-stage biopharmaceutical company that is focused on developing novel solutions for Alzheimer’s disease. The company currently has two clinical-stage biopharmaceutical assets that are under development. This includes the company’s lead therapeutic product, simufilam, a novel treatment for Alzheimer’s disease (AD), and SavaDx, an investigational diagnostic product to detect the
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Check out the companies making headlines before the bell: Johnson & Johnson – J&J shares rose roughly 1% in the premarket after the company beat quarterly forecasts and raised its earnings outlook amid strong sales of drugs and medical devices. J&J reported adjusted quarterly earnings of $2.48 per share, beating the $2.27 consensus estimate, with revenue
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Sharing is Caring! by Michael Snyder At a time when food prices are already rising aggressively, agricultural production in the United States is being absolutely devastated by a drought that many are calling “the worst” in American history.  Once again this week, the latest U.S. Drought Monitor map has extremely bad news for us.  In all the
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