GoldStockData.com's Don Durrett told Investing News Network that the gold $Gold - main 2306(GCmain)$ and silver $Silver - main 2307(SImain)$ rally is now running into resistance, but he thinks the last sell-off on Wall Street will clear the way for precious metals prices.He explained, "What we are waiting for is that the headwinds in the market are basically cleared. I mean, we need to see a sell-off in the stock market, and then gold prices can finally go higher." In his view, when the stock market capitulates At that time, basically investors would no longer put money into stocks, and would stay away from the bond market.Durrett sees $2,080 an ounce as the first target for an upward breakout in
As per my post on 1/5, $Apple(AAPL)$ met my 🐂-ish expectations for earnings despite all the bad🗞🗞🗞 about 🍎 possibly reporting an earning miss. 🍎 on 4/5 reported earnings that beat Wall Street's targets for its fiscal 2nd quarter on strong sales in iPhones & services. ⭐️ Earnings of $1.52 a share on sales of $94.8 billion for the quarter ended April 1. Analysts polled by FactSet had predicted Apple earnings of $1.43 a share on sales of $92.9 billion🐂🐂🐂 ⭐️ On a year-over-year basis, Apple earnings were unchanged while sales fell 3%. It was the 2nd consecutive quarter of sales declines for 🍎 ⭐️ APPL’s revenue for the quarter ending April 1 was $94.8 billion, a decrease of 3% from the same period a year earlie
Welcome to review：Buffett's 10 Key Events of the Past YearWelcome to reserve the live about #2023 BRK Shareholder Meeting interpretation (Chinese) and(English) by @TBliveIn
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
Are you concerned about the US Debt Limit saga that is bubbling stronger each passing day and is threatening to overflow ? I am concerned because US stock market may be affected in the process. Once Upon A Time… In Jan 2023, US Treasury Secretary Ms Janet Yellen has announced that the US government has hit its legal $31.4 Trillion debt limit. The US Treasury dept is expected to continue to use its cash balance and apply “extraordinary measures” as long as it can to meet its payment obligations. Unfortunately, the “extraordinary measures” will not last forever. US Treasury dept is expected to run out of money by 01 Jun 2023 and will not be able to meet its financial obligations after that. In the meantime, US Congress is faced with overcoming political gridlock to address the Limit before t
Selling covered call options (sell covered call) is a strategy adopted by many large funds. It can also be used by retail investors in the US stock market.You can get income while holding it. This strategy is very suitable for stocks that have long-term positions, but they have not moved but they are not in a bearish position recently or are in a bearish position recently. It can be a good strategy for mature investors to roll over when holding some targets for a long time. Income comparison Assume that investors hold 200 shares of Amazon from January 1 to December 17, 2021 If there is no operation during the holding period, the final total assets will be USD 675,484 If the covered call strategy is carried out, it will be operated once a week; if 100 shares are sold after the exercise, ano
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