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Gold Mining Stocks Soared Friday in Bleak Macro Hedge

Gold mining stocks were some of Friday’s biggest gainers. Dismal economic data drove share prices higher along with spot gold. Finance stocks continued to plummet during gold’s rally. Friday trading revealed an ominous macro hedge in global equity markets. Gold mining stocks were among the top gainers for the day. Meanwhile, the most considerable losses…




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Coronavirus Could Squander the Housing Market’s Best Months

May and June are traditionally the best months to sell a home. This year will be an entirely different story. With the coronavirus wreaking havoc on the housing market, it can ill afford to miss out on the late-spring jolt. Whether the coronavirus pandemic causes a housing market crash or not, it will, at the…



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Dow Futures Plunge as Warren Buffett, Corporate Earnings Spook Markets

Dow Jones futures declined by as much as 362 points Sunday night. Berkshire Hathaway’s annual shareholder meeting has cast a dark shadow over the equities market. Meanwhile, U.S. corporate earnings are heading for their biggest decline since the financial crisis. Futures on the Dow and broader U.S. stock market declined sharply Sunday evening, setting the stage…


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Shell Stock Is Reeling From Dividend Cut & Looming Oil Disaster

Shell stock took a 13% spill Thursday after slashing its dividend. Oil stocks face a monumental “crisis of uncertainty” in this recession. But an even bigger existential threat to oil is looming ahead. The oil price collapse just obliterated Shell’s dividend. It’s alarming news for oil stock investors because even the 2018 and 2014 oil…


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Why Tesla Stock Bulls Are About to Get Absolutely Wrecked

Tesla stock continues its exuberant rally ahead of earnings. It’s now trading near February levels that led analysts to warn of a bubble. Valuing the carmaker like a software tech company is a mistake. Tesla stock (NASDAQ:TSLA) was tops in the NASDAQ on Monday. Shares in the electric carmaker soared 10.15% to close the session…


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WHO Coronavirus Warning Could Wreck Stock Market Risk Rally

The WHO recently warned re-infection by coronavirus is possible. The CDC remains confident a second wave will hit later this year. The exuberant stock market rally could suddenly unravel. The World Health Organization warned Friday that COVID-19 patients might not be immune to a coronavirus “second infection.” Consequently, the extraordinary stock market risk rally since…