euro

NASDAQ Hits Record High on Google Inc. (GOOG) Earnings, Economic Data

By Friday, July 17, 2015

NASDAQ Hits Record HighThe NASDAQ opened higher on Friday July 17th after strong earnings results from Google Inc. (NASDAQ/GOOG, GOOGL) and positive economic data. This could eventually give clues on the timing of an interest rate increase.The U.S. dollar is heading for its biggest gain since May after economic data increased the possibility of an interest rate hike. In China, the Shanghai Composite Index rose more than three percent as the government. Read More

NASDAQ Opens Higher on Strong Economic Data

By Thursday, July 16, 2015

NASDAQ Opens Higher Economic DataThe NASDAQ opened higher on Thursday, July 16th, as investors cheered a Greek bailout approval and strong corporate earnings. European stocks climbed and bond yields fell on Thursday after the Greek’s parliament approved a proposed bailout plan. Eurozone stocks rose 1.5% to 3,676 points and Germany’s DAX rose 1.6% to 11,722 points. Federal Reserve Chair Janet Yellen insisted the U.S. is on track to raise interest rates this year. Amid her. Read More

NASDAQ: Here’s Why Stocks Are Heading Higher Today

By Tuesday, July 14, 2015

Stocks Are Heading Higher TodayThe NASDAQ opened flat on Tuesday July 14th amid disappointing data in retail sales. Abroad, investors remain uneasy about talks surrounding Greece’s bailout package.European shares turned lower on Tuesday after a four-day rally due to uncertainty over whether the measures would be passed in Greece’s parliament. The yield 10-year German bond was at 0.87%, marginally higher on that day. Following the sharp drop on Monday, the euro was 0.21%. Read More

S&P 500: Here’s Why the Stock Market is Going Crazy This Morning

By Friday, July 10, 2015

Why the Stock Market is Going CrazyWall Street opened sharply higher on Friday July 10th, as investors cheered the Chinese rebound and felt optimistic over the new submitted proposal by Greece to creditors to win new funds and avert bankruptcy.Chinese stocks rose sharply for the second day on Friday, with the Shanghai Composite Index closing up 4.5% higher. International stock markets in Asia and Europe rose one percent and the euro rose sharply after the. Read More

Economic Collapse: Greeks Hoarding Hard Assets to Preserve Savings

By Friday, July 10, 2015

Economic CollapseGreeks are rushing to buy hard assets—from ovens, to refrigerators, and dishwashers—any hard assets that can hold their value to protect their savings, according to a recent report in The New York Times. (Source: Greeks Spend in Droves, Afraid of Losing Savings to a Bailout, July 9, 2015.)Greek banks have been shut down since June 29th, and are expected to remain closed until Friday. The government-imposed capital control of. Read More

Highest European Court Backs ECB Stimulus Program

By Wednesday, June 17, 2015

European Court Affirms Draghi’s Stimulus ProgramThe most important instrument in the European Central Bank’s (ECB) crisis-fighting tool chest has been approved by the EU’s highest court, giving authorities the equipment they need to fight a potential financial crisis in Europe.On Tuesday, June 16th, in a precedent setting decision, the EU’s highest court approved a sweeping monetary stimulus program from the European Central Bank. When European stocks were in freefall and bond yields were skyrocketing,. Read More

Why the Euro and Dollar Could Reach Parity Soon

By Thursday, May 21, 2015

ECBOn Tuesday, May 19, the euro fell almost one percent against the U.S. dollar. This was mainly due to a top-ranking executive at the European Central Bank (ECB) signaling that the central bank will increase the pace of its bond buying. (Source: Financial Times, May 19, 2015.)The ECB has embarked on quantitative easing (purchasing bonds) since March of this year. It plans to increase its bonds purchases in May. Read More

Euro vs. U.S. Dollar Forecast 2015

By Thursday, April 30, 2015

Euro vs. U.S. Dollar ForecastThe euro-to-U.S.-dollar value is headed in a downward direction, despite an improving European economy. Investors should follow the lead of the European Central Bank (ECB) and cease to let economic growth forecasts fool them.A year ago, the euro was worth US$1.38. As it currently stands, the euro is only worth US$1.10—or 20% less. My euro vs. U.S. dollar forecast calls for an even lower euro wherein parity or lower. Read More

The Nine-Month Check-Up

By Wednesday, October 1, 2014

Nine-Month Check-UpWith nine months behind us this year, today we look at how two popular forms of investment have done in 2014 and where I think they are headed for the remainder of the year.Starting with stocks, the Dow Jones Industrial Average closed yesterday up 2.8% for the year. Given the risk of the stock market, 2.8% is no big gain. I wrote at the beginning of 2014 that the. Read More

A Rational Look at Gold

By Wednesday, September 24, 2014

Rational Look at GoldThe fundamentals that drive gold prices higher are in full force and improving. Central banks are buying more of the precious metal (to add to their reserves), while countries that are known to be big consumers of gold bullion post increased demand.According to the India Bullion & Jewellers’ Association, India’s monthly gold bullion imports are expected to rise by as much as 50% in the coming few months—in the. Read More

Video: Here is why you should be Bullish on Gold | By: Michael Lombardi

Poll

Would you vote for Donald Trump if he was the Republican Nominee?

View Results

Loading ... Loading ...
Profit Confidential
×
54.159.11.9
From: Michael Lombardi, MBA
Subject: Gold: The Stock Contrarian Investors’ Best Play of the Decade

Read this message