The markets opened in the red this morning but have recovered after the ISM Manufacturing data favored very low growth rather than recession. There were a number of stocks getting a boost right…
This was no good week for stocks even if the markets have bounced off the lows numerous times on Friday. The low of the DJIA on Friday morning of 10,638 was down…
At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in…
Jon OggEach morning we review our top upgrades, downgrades, and initiations from Wall Street analysts. At the end of the week, we review these more closely along with other calls made throughout…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Boston Scientific Corporation (NYSE: BSX) Reiterated Buy as Value at Zacks;…
You have already seen how gold has gone through the roof almost daily to higher highs. The world of print money is dying compared to the hard asset of gold. What is…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Agrium Inc. (NYSE: AGU) Cut to Underperform at BofA/ML. Intrepid Potash,…
Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 are also…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AutoZone Inc. (NYSE: AZO) Raised to Buy at Citigroup. Cisco Systems,…
The new gold rush is the same as the ultimate flight to quality… Rather than chasing dollars and getting great income of the United States bond market, gold continues to move toward…
As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the…
Gold prices set a record high above $1,624/ounce in foreign trading this morning, and is remaining quite solid, trading above $1,617/ounce at around mid-day. Silver posted a solid gain this morning, at…
Since the beginning of July gold prices have risen nearly 7%, from around $1,500/ounce to today’s record high over $1,600/ounce. Risk is off the table in the equities markets as concerns over…
The number of stocks that made substantial gains for the week was limited. The great exception to that rule was Petrohawk Energy Corporation Co (NYSE: HK) which jumped 62.5% on Friday after…
There’s another case where supply of an alternative energy technology is very likely to overwhelm demand. There is plenty of evidence that such a situation is taking hold in the solar PV…
