National Security Hinges On Weapons Detection - The Next Big Gold Discovery

Jul 9, 2020

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01:13 PM PST

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Now if that wasn't a sharp late day reversal, then I don't know what is. Trump comes out and warns North Korean and stocks run for the hills. But, like we've seen on so many prior occasions, the markets are trying to work their way back now. All pretty normal considering this has happened countless times over the last few years.


It is a little bit of a concern to see the S&P 500 make a new all-time high yesterday, only to tank itself on that high, however, volatility clearly continues to be the name of the game lately. It's not just volatility to the sell side, it's been volatility to the buy side as well. So while so many investors and traders think volatility is always a negative thing, it's not.


Is the Natural Gas Price Disaster About to End Soon?

Jul 9, 2020

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01:13 PM PST

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And another big day to the upside for stocks. There's no slowing a freight train until the freight train decides it's going to slow. That's been the theme all along with the S&P 500 making another new all-time high today.


Can it get past 2,500? Anything is possible these days, as many investors continue to sit on the sidelines in awe. Just goes to show the buy and hold mentality is one worth exercising in a long standing bull market. Sure, it's going to end at some point, but anyone who says they know when it's going to end probably needs to have their head examined.


SNAP Gaps and SPYR Settles Down - Small Caps Lag While the DOW Leads

Jul 9, 2020

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01:13 PM PST

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Another day another dollar. Equities are once again clawing their way back, and the Big DOW is leading the charge for the 10th consecutive day in a row. Pretty novel considering the last eight years of tech leading, while everything else takes a back seat.


Is this a long-term trend developing? Actually, I hope so, but I'm not sure that's going to end up being the case. I say I hope so, because it would be nice to see the tangible take precedence over the intangible. But, the reality is we live in a technology world now - one that's literally going to be the ultimate demise for the blue collar American - or one that's going to help support their families and goals in an ever changing business world and society.


Honestly, that's a little personal op-ed, however, the truth is balance will likely prevail. In other words, our economy here at home has become too technologically centric, so a modest return back to the more tangible is probably inevitable. Industrials, transportation and many other similar sectors are finally starting to get some love, so the bottom line is it's all good to see in the grand scheme of things.

SNAP - A Social Problem Or Big Investment Opportunity Right Now?

Jul 9, 2020

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01:13 PM PST

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Another volatile week for many stocks, and Snap Inc. (SNAP) is no exception. The younger generations' favorite toy and social media tool has gotten clobbered for the good part of a five months now, but just in the last few days the stock has made a comeback. Not a big one yet, but one worth considering now that the weak hands have been blown out of it.


I also remember John Monroe from our Elite Opportunity Pro saying a few weeks ago, "When SNAP gets down around $12 it's a buy around that level". Well, it hit just under $12 and has come right back for two consecutive days now. So, is it a buy now or not?


CVE Quietly Gains - How To Protect Gains Or Losses On Any Trade

Jul 9, 2020

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01:13 PM PST

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Getting dizzy yet? The intra-day moves of the major averages don't even seem like they can be trusted at all these days. The major averages gap up, then implode and then come right back to close flat on the day yesterday. Then, this morning, the markets open flat, selloff and then are already fighting back on the day so far.



That's the markets around historical highs though. And, this is precisely why the average Joe should never try and day trade. It's been my experience most people who think they're going to become day traders only end up ever getting chewed up and spit out. I've been around a long time, but even I don't attempt to ever day trade anything.

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