"I personally sold all my gold and gold stocks yesterday," I told a crowd of 500 gold bugs at the Sprott Natural Resource Symposium in Vancouver at the end of July. The crowd was shocked… But my timing was nearly perfect. Gold is down 12% since the beginning of August. And gold stocks – as measured by the VanEck Vectors Junior Gold Miners Fund (GDXJ) –....More>>>
Here we go again. Activist investor Bill Ackman is calling for another company breakup as a means of “unlocking value.” The target this time? Government contractor United Technologies Corporation (NYSE:UTX). Owners of UTX stock have a right to be worried, not so much because Ackman is wrong (he may well be right), but because the activist investor and hedge fund manager can cause more....More>>>
Lam Research (LRCX) soared to the top of the S&P 500 today after beating earnings forecasts and raising its fourth-quarter guidance.
Lam Researchgained 6.9% to $136.17 today, while the S&P 500 declined 0.2% to 2,338.17.
Credit Suisse analysts Farhan Ahmad and John Pitzer and argues that Lam Research’s “new trough is higher than [its] old peak.”....More>>>
AT&T (NYSE:T) could offer customers a streaming television package for the low, low price of $0 per month in the near future.
During AT&T CEO Randall Stephenson’s testimony in the Department of Justice’s case against his company, blocking its potential acquisition of Time Warner (NYSE:TWX), he noted the company is planning a $15 per month sports-free streaming bundle called....More>>>
For years, Toys “R” Us was an American success story.
Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys “R” Us told employees that it would close or sell all its stores in the United States.
It’s an ignominious end for the company that was once the toy industry’s powerhouse.....More>>>
Protect American jobs by getting tough on China.
That’s the underlying idea behind President-elect Donald Trump’s threat of a 45% tariff against China as a ploy to bring jobs back to America.
Before pursuing that strategy, however, Trump might want to check out what happened when his predecessor tried that.
President Obama slapped a stiff 35% tariff on Chinese....More>>>
Will innovative products and technologies continue to power AMD stock higher in 2017?
Advanced Micro Devices, Inc.(NSDQ:AMD)had been by far the best performer in 2016 among all the 413 Russell 3000 tech stocks. Its stock price appreciation of 295.1% in 2016 was significantly higher than the second ranked tech stock NVIDIA Corporation (NVIDIA (NSDQ:NVDA)which gained 223.8% and the third-ranked....More>>>