Sometimes it pays to sound like a broken record.
For quite some time, we’ve been telling investors that if you want to transform your wealth, keep your eye on the political process. Look at defense spending, for example where Donald Trump has plans to increase spending by $54 billion in the 2018 Department of Defense budget.Read More
Gold is a fickle beast.
There’s a great fear that Federal Reserve policy on rates will remove the shine from the metal. But that’s really never the case. In fact, when interest rates rose to 0.5% from 0.25% in December 2015 followed by a promise of four hikes in 2016, gold bottomed out and ran from $1,050 to $1,375.Read More
Well, this could be embarrassing.
Analysts, traders, hedge funds have all been largely optimistic about the sustainability of the oil rally months after OPEC agreed to curb production.Read More
The best opportunities lay in ruin.
That’s what we noted last week with regards to UPS, which is beginning to bottom.
But as we all know, ruin happens all the time. Yet, even the smartest traders in the room still have a tendency to ignore them, especially if they just hit a 52-week low.Read More