Bitcoin is prone to price volatility, with wide swings to the upside and downside. The most recent upswing comes alongside growing institutional demand for the cryptocurrency as an attractive asset class. Bitcoin’s value has rallied over the last few quarters, increasing from about US$26,000 in mid-September 2023 to an all-time…
The world holds several hundred active gold mines, but not all are created equal. The world’s largest gold operation by production is Barrick Gold (TSX:ABX,NYSE:GOLD) and Newmont’s (TSX:NGT,NYSE:NEM) Nevada Gold Mines joint venture in the US. An important source of gold, the mining complex is comprised of 10 underground mines…
After a tumultuous 2023 that saw prices for lithium carbonate shed 80 percent from its January start value, Q1 2024 was much less volatile. Starting the year at US$13,377.44 per ton, lithium carbonate prices ended the three-month period in the US$14,874,31 price range, representing an 11 percent increase. Strong electric…
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow Jones Industrial Average slid 475.84 points, or 1.24%, closing at 37,983.24. The S&P 500 tumbled 1.46% at 5,123.41. The Nasdaq Composite pulled back by 1.62%…
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow Jones Industrial Average slid 475.84 points, or 1.24%, closing at 37,983.24. The S&P 500 tumbled 1.46% at 5,123.41. The Nasdaq Composite pulled back by 1.62%…
Stocks sold off Friday as inflation and geopolitical worries once again dented investor sentiment on Wall Street. A broad decline in major bank shares also weighed on the market. The Dow Jones Industrial Average slid 475.84 points, or 1.24%, closing at 37,983.24. The S&P 500 tumbled 1.46% at 5,123.41. The Nasdaq Composite pulled back by 1.62%…
Toward the bottom of my Mindful Investor LIVE ChartList, there is a series of charts that rarely generate signals. So why would I include things like the Hindenburg Omen and Coppock Curve, which are usually a nonfactor during my regular chart review, in my main list of macro charts? Because…
I’ve said for awhile that we could use some short-term selling to unwind overbought conditions and even negative divergences in some cases. I was looking for perhaps 4-5%, but it’s really difficult to predict the kind and depth of selling that we’ll see when secular bull markets face a downturn.…
The White House vowed Saturday that the United States’ support for Israel’s security is ‘ironclad,’ pledging to stand with the Jewish state and ‘support their defense’ after Iran launched an aerial drone attack towards the country Saturday afternoon. Iran launched drones from its own territory toward Israel late Saturday, days…
Lawmakers reacted after Iran launched drones from its own territory toward Israel late Saturday, calling for the White House to ‘stand firm’ and ‘stop coddling Iran.’ Speaker Mike Johnson pledged America’s ‘full resolve’ to stand with Israel. ‘As Israel faces this vicious attack from Iran, America must show our full…