Trader Robert Arciero works on the floor of the New York Stock Exchange. The Dow Jones Industrial Average tumbled 425 points amid a broad sell-off triggered by industrials including 3M and Caterpillar. The S&P 500 and the Nasdaq also dropped sharply. The yield on the US 10-year, which briefly breached the 3 per cent mark in early trading, …
April 24, 2018 Share This Chris Ratcliffe/Bloomberg via Getty Images Merrill Lynch has fired Bruce K. Lee, a star broker whose second-in-command at the Chicago Private Banking and Investment Group office is the niece of Merrill Lynch Wealth head Andy Sieg. Lee was dismissed last week over allegations that he had an assistant complete a …
A worker of China National Offshore Oil Co (CNOOC) cuts steel structure for an offshore oil platform in Qingdao, Shandong province, China January 31, 2018. Reuters/China Daily CDIC Is the commodity supercycle coming back from the dead? For now, such a claim could perhaps be considered both bold and premature – but there does seem …
A global market crash is coming, and investors should prepare accordingly. The stock market, bond market, and real estate market are all in bubbles. None of these asset classes will be protected from the crash that is likely to come. The writing is already on the wall, too. For example, we can see massive levels …
By now, the average investor has heard that the U.S. 10-year government bond yield hit 3% early Tuesday for the first time in about four years. So, what does that mean? Is it just a psychological barrier or a key threshold that could augur ill for the broader market? There are a number of ways …
U.S. Global Investors Commodities Are Flashing a Once-in-a-Generation Buy Signal Since the commodities supercycle began unwinding 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices. I believe those conditions are either firmly in place right now or, at the very least, in their early stages. …
Market value: $101.3 million TipRanks consensus price target: $8.75 (129% upside potential) TipRanks consensus rating: Strong Buy Small-cap tech stock Resonant (RESN, $3.82) is a designer of filters for radio frequency (RF) front-ends for smartphones. This is basically the circuitry in a mobile device responsible for analog signal processing. Right now, the stock is buzzing …
The Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action on April 23, 2018, in the U.S. District Court for the Eastern District of New York charging Defendant Kevin Scott Antonovich of Woodside, New York, with misappropriation of customer funds and fraudulent solicitation in connection with investments in a commodity pool. The CFTC …
Ford Motor Company (NYSE:F) will be the first car company to step up to the plate this earnings season, with the Detroit-based automaker scheduled to report first-quarter earnings after the close Wednesday, April 25. Ahead of the event, options activity has been bullish, despite the stock’s troubling post-earnings history. Ford stock has produced a negative …