Thursday, January 29, 2015
When the printing press stops working I wonder what governments will do for money? I think they will avoid mining stocks and take over Apple or Microsoft. Sorry, I have to make jokes because although mining stock MAY seem like a good investment for the long run, I think they are only good for trading in and out of to make some cash, in my humble opinion. I think mining stocks will be good after the collapse when things are much more clear.
Labels: Rick Rule
Wednesday, January 28, 2015
Crude Prices Drop as U.S. Stockpiles Hit Their Highest on Record
Stocks fluctuated and turned lower at Wednesday's midday trading on dropping oil prices. Traders are focusing on U.S. crude stockpiles being at their highest on record over positive corporate earnings results. Energy stocks were leading the blue chips lower. Chevron (CVX) is the worst performing Dow component. Exxon Mobil (XOM) is also down more than 1%. On the flipside, Boeing (BA) is by far the Dow's best performer. The stock is soaring almost 5% after surpassing forecasts by $0.20. Sales of commercial planes rose 15% in the fourth quarter. Tupperware (TUP) is also gaining in the session, up nearly 12%. The household products maker beat Q4 estimates on both the top and bottom lines.
Tuesday, January 27, 2015
Jan 28 – Jim welcomes back James Bianco, president of Bianco Research. They cover an array of issues, starting with the divergence between global stock markets and the U.S. stock market over the last few years.
Labels: James Bianco