It didn’t take long for Cummins (CMI) to get back into the good graces of its uptrend. Regular DailyWealth readers know we monitor shares of Cummins for an “instant read” on the global… Read More
Analyst Articles
In our July 8 edition, we noted how Apple, one of the generals of the stock market, was within “spitting distance” of a new 52-week high. Today’s edition shows how Apple… Read More
It’s still “trench warfare” in the XLF… and the sellers are winning. Regular DailyWealth readers know we monitor the big U.S. financial stock fund (XLF) to gauge the action in the banking sector. With large weightings in JPMorgan, Bank of America, Goldman Sachs, and Citigroup, XLF represents… Read More
Royal Gold isn’t the only royalty company “acting well” these days… Recently, we noted the big rise in shares of elite royalty company Royal Gold (RGLD). Riding on the back of the surging gold prices, RGLD just struck an… Read More
Bearish action in the commodity market to begin the week: Brazilian stocks are slumping. In mid-May, we noted the declining Brazilian stock market… Read More
Bearish action in the commodity market to begin the week: Brazilian stocks are slumping. In mid-May, we noted the declining Brazilian stock market… Read More
On Monday, European stock markets plummeted. Italy, the new poster child of the euro crisis, saw its benchmark stock index fall to its lowest level in two years. It’s the latest… Read More
This week, we take our euro “mythbusting” to a new level. After all, the euro just hit a new level… As we noted last month, one of the big myths in the marketplace is that despite the huge government debt problems plaguing Europe right now, its multi-nation… Read More
Most “experts” on financial television are saying gold’s recent action is weak. We say, sure, gold is off its high, but that’s just how bull markets work… As you can see from today’s chart, gold spent the end of 2010 trading in a range between $1,325 and… Read More
We kick off the second half of this year’s Market Notes series with a trading idea: Buy gold stocks. As we’ve noted several times in the past month, companies that produce gold are cheap by just about any metric… Read More
The trend is still down in small resource stocks… And we’re still on the sidelines. We track the trend here with the TSX Venture Index, the most widely followed gauge of tiny gold, silver, and energy firms that scour… Read More