Tag Archives: Silver

[unable to retrieve full-text content]Gold has been hitting record highs — why there’s a bullish case for silver too  Yahoo Finance Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 14, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Let’s look at the bright side of the FTX-driven crypto crash to kick off what will likely be another long week for the… Source link

If there is any tiny positive from Apple’s fresh iPhone production warning, it’s that recession fears haven’t stopped people from wanting $1,000 plus new models and waiting weeks to get them. “Supply chain challenges have been frequent the last couple of years, and there is limited evidence that delays in shipping devices have had any impact on overall volumes for a product cycle (example: iPhone 12 or iPhone 13) over a multi-quarter period.” JP Morgan analyst Samik Chatterjee wrote in a note… Source link

The breakdown in S&P 500 with spike of volume on 13 June 2022 followed by a weak rally up after the Fed’s FOMC pointed to the bearish scenario. The current market development is similar to the global financial crisis in 2008 in terms of both price structure and the market rotation sequence as explained in the video at the bottom of this post. Using Wyckoff Method to Spot the Silver Lining After a more than 10% drop in 6 trading sessions, S&P 500 is right at a vulnerable spot where a stock… Source link

The 82-game NBA season has been in place since 1967-68, but has come under scrutiny recently, with the flames being stoked most notably by commissioner Adam Silver. Silver is pushing for an in-season tournament to generate more interest and certainly more revenue. The tournament would lead to shortening the season. But it seems he could be running the risk of devaluing the regular season by pressing for more incentivized games before the playoffs. “I recognize that could always be a concern… Source link

Last year’s 72-game season was created out of COVID-19 necessity, but it seemed to confirm Adam Silver’s belief about changing the regular season model and integrating an in-season tournament. “It was far from a perfect experiment,” Silver said during an interview with Yahoo Sports on a variety of topics in the days leading to All-Star weekend in Cleveland. “[But] the fact there were fewer games was quickly forgotten.” Silver corrected himself to not put an exact approximation on… Source link

James Harden and Ben Simmons put on their best faces for the public following messy exits in their trade deadline swap. One person who watched with great interest was NBA commissioner Adam Silver, who’s prepping for All-Star weekend in Cleveland. In a conversation with Yahoo Sports, Silver noted this has been part of the NBA’s fabric for some time, and not just this generation of players. “Players forcing their way out of situations is not new in this league. It’s important to have that… Source link

Facebook (FB) shares took a hit Tuesday following news Monday that it’s seeing headwinds from Apple’s (AAPL) recent iOS privacy changes and waning interest among younger consumers. The news came after Facebook reported earnings that beat on profit but missed on revenue. While the company’s stock was down nearly 5% just before 2:30 p.m. Wednesday, MKM Partners analyst Rohit Kulkarni told Yahoo Finance Live that the social media giant’s earnings were actually better than feared. During… Source link

(Bloomberg) — Gold extended its slump, and silver tumbled, after a stronger-than-expected U.S. jobs report fueled bets that the Federal Reserve may start paring back its massive monetary stimulus soon. Spot bullion fell more than 4% and silver slumped as much as 7% as the selloff following Friday’s employment figures initially accelerated at the start of Asian trading. Dallas Fed President Robert Kaplan said the central bank should start tapering its asset purchases sooner rather than… Source link

Dalian Wanda, which acquired AMC Entertainment in 2012, surrendered control of the struggling exhibitor as it issued and sold tranches of new stock to raise cash — diluting the stake of the Chinese conglomerate. CEO Adam Aron confirmed the Wanda era was over although the company continues to be AMC largest single largest shareholder. Wanda holds less than 10% of the world’s biggest cinema chain. “They have been absolutely delightful,” he said on a post-earnings conference call… Source link