Category Trading

Gold ETF’s Won’t Lose Their Luster This Year; A Bond Bear’s Views On Credit, Stocks, & Gold; Goldman Sachs Turns Negative On Stocks; Best Strategy For Emerging Markets Old.”

Gold ETF’s Won’t Lose Their Luster This Year; A Bond Bear’s Views On Credit, Stocks, & Gold;  Goldman Sachs Turns Negative On Stocks; Best Strategy For Emerging Markets Old.”     www.fortunascorner       Lewis Braham had an article in this weekend’s (August 1, 2016) Barron’s, discussing gold’s stellar performance thus far in 2016; […]

The Bulls Are Running In Pamplona And On Wall Street; June Jobs Report Calms U.S. Recession Fears; Silver Takes Gold; 1st Stab At Day-Trading Yields A 5.6% Portfolio Gain Last Week — +$21K

The Bulls Are Running In Pamplona And On Wall Street; June Jobs Report Calms U.S. Recession Fears; Silver Takes Gold; 1st Stab At Day-Trading Yields A 5.6% Portfolio Gain Last Week — +$21K   www.fortunascorner.com        First, I want to express my sorrow for the tragedies that occurred in Dallas, Minnesota, Baton Rouge, […]

Stocks End 1st Half Of 2016 On a High Note; Best/Worst Performers So Far; Where To Invest For Second Half Of 2016

Stocks End 1st Half Of 2016 On a High Note; Best/Worst Performers So Far; Where To Invest For Second Half Of 2016   https://fortunascorner.com        First, I want to wish everyone a great July 4th, as we celebrate America’s independence from Great Britain.  And this 4th of July has even more meaning, as […]

Oil And Precious Metals Outshine Stocks; Top Firms Turning Bearish On Stocks

Oil And Precious Metals Outshine Stocks; Top Firms Turning Bearish .com www.fortunascorner      As CNBC’s website this evening notes, “U.S. oil ends at fresh 2016 highs on Nigeria sabotage and crude stockpile draw-down.  West Texas Crude (WTI) closed above the $50 mark, up 87 cents, or +1.73 percent, to $51.53 — its third straight […]

Shockingly Low May Jobs Number; BREXIT Vote Later This Month To Overshadow Fed; Some Speculative Bio-Pharma Stocks

Shockingly Low May Jobs Number; BREXIT Vote Later This Month To Overshadow Fed; Some Speculative Bio-Pharma Stocks         The number of net new jobs created in the U.S. in the month of May came in at an anemic — 38K — well below consensus expectations of a number between 160K – 180K. […]

Non-Farm Payrolls At 0830 Tomorrow (Fri.); How To Beat The June Swoon

Non-Farm Payrolls At 0830 Tomorrow (Fri.); How To Beat The June Swoon   www.fortunascorner.com       Tomorrow morning, we will get the Non-Farm Payrolls number on the net new jobs created in the U.S. for the month of May.  Consensus is for a number somewhere in the neighborhood of 160K-180K.  Anything above 200K is […]

Saudi Financial Crisis ‘Could Leave Oil At $25’ As Contractors Face Being Paid In IOUs

http://www.telegraph.co.uk/business/2016/05/22/saudi-financial-crisis-could-leave-oil-at-25-as-contractors-face/ Saudi Financial Crisis ‘Could Leave Oil At $25’ As Contractors Face Being Paid In IOUs While crude prices have rallied 80pc to almost $50 a barrel since mid-February, this has not yet been enough to ease Saudi Arabia’s financial crunch Ambrose Evans-Pritchard 22 May 2016 • 8:40pm Saudi Arabia faces a vicious liquidity squeeze as […]

Stocks In A Tug Of War Last Week, As Federal Reserve Hints At A June Rate Hike; Why Stocks Will Make New Highs This Year, Or Maybe Not; Sarepta Theraputics (SRPT) & A Big FDA Decision Looms

Stocks In A Tug Of War Last Week, As Federal Reserve Hints At A June Rate Hike; Why Stocks Will Make New Highs This Year, Or Maybe Not; Sarepta Theraputics (SRPT) & A Big FDA Decision Looms https://fortunascorner.com      Vito Racanelli writes in this weekend’s Barron’s that “two big surprises pushed investors first one […]

Anemic Jobs Report For April; Time To Bail On Stocks?

Anemic Jobs Report For April; Time To Bail On Stocks? www.fortunascorner.com         “Stocks fell for the third week in a row last week, as the consumer-discretionary sector in the S&P 500 — especially the retail sector — led the decline.  In addition to weak retail sales numbers, renewed weakness in oil, concern over […]

Stocks Close Out The Week Down 1.2 Percent; Rise In Yen Confounds; Sarepta Theraputics (SRPT); Marathon Oil; Seagate Technology’s Enticing 7.6 Percent Yield; Palto Alto Networks (PANW); Horizon Pharma (HZNP;) CellDex Theraputics (CLDX); 1st Quarter 2016 Winners & Losers

Stocks Close Out The Week Down 1.2 Percent; Rise In Yen Confounds; Sarepta Theraputics (SRPT); Marathon Oil; Seagate Technology’s Enticing 7.6 Percent Yield; Palto Alto Networks (PANW); Horizon Pharma (HZNP;) CellDex Theraputics (CLDX); 1st Quarter 2016 Winners & Losers   www.fortunascorner.com        Stocks closed out the week last week down 1.2 percent, as […]