By Louis Basenese (Wall Street Daily | Original Link) It’s Friday in the Wall Street Daily Nation! For the newbies in the group, once a week I embrace the adage that a picture is worth a thousand words. And I select a handful of graphics to convey important economic or investment insights. This week, I’m confirming the source of the next ...
Consol Energy, Inc. is a producer of coal and natural gas for global energy and raw material markets, which include the electric power generation industry and the steelmaking industry. During 2011, the company produced 62.6 million tons of high-British thermal unit bituminous coal from 12 mining complexes in the United States. In addition, it provides ...
By Carl Delfeld (InvestmentU | Original Link) No question, having a small amount of precious metals in your global portfolio serves as sort of a “shock absorber” in times of crisis and uncertainty. Obviously, the most logical strategy is to be a buyer of gold when prices dip and the opposite when prices are surging. And with gold prices ...
It’s an old cliché… but it’s often true… Sell in May and go away. The idea is investors should avoid the stock market from May through September. Stocks tend to underperform during this time frame. This year, the indicator has been dead-on. But I think it’s about to change… Stocks are down about 5% in May – declining 11 ...
If you know what to look for, it quickly becomes obvious that the elite of the world are not even trying to hide their insidious plans for the planet. They hope to unite the entire globe under their leadership, and they don’t think that we are strong enough or smart enough to stop them. They ...
Money is being pulled out of Greek banks at an alarming rate, and if something dramatic is not done quickly Greek banks are going to start dropping like flies. As I detailed yesterday, people do not want to be stuck with euros in Greek banks when Greece leaves the euro and converts back to the drachma. ...
It will be interesting to see if today’s basket of favorable domestic reports will be enough to offset continuing Greece-inspired worries. But the market’s performance over the last few days in the face of similar numbers does not inspire much confidence about today’s trading action either. Wal-Mart’s (WMT - Analyst Report) positive earnings surprise is not the only favorable ...
By Louis Basenese (Wall Street Daily | Original Link) Earlier this week, Apple’s (Nasdaq: AAPL) co-founder, Steve Wozniak, told Bloomberg Television he would buy Facebook’s IPO – which is scheduled to start trading on Friday – regardless of its valuation. “I would invest in Facebook,” said Wozniak. “I don’t care what the opening price is.” Really, Steve? I can guarantee you that a “buy ...
