The Top Reasons Gold Prices Could Be Heading Higher

Analysts remain bullish on gold. UBS for example believes gold could run even further and remain high “for longer than expected” on global uncertainty, as noted by CNBC. The analyst added the firm raised its forecast for gold next year from $1,850 to $2,100.  “An environment of negative real interest rates and global uncertainties, such … Continue reading “The Top Reasons Gold Prices Could Be Heading Higher”

Teleconferencing Creating $90 Billion Opportunity

Thanks to the pandemic, demand for video teleconferencing stocks have gone from relative obscurity to center stage in a matter of weeks.  All as people around the world greatly limit face to face contact meetings to help stop the spread of the virus for school, for work, and for play. Grandview Research says the global … Continue reading “Teleconferencing Creating $90 Billion Opportunity”

The S&P 500 is a Strong Predictor of Election Results

Election results won’t be easy to predict in 2020. However, history says the incumbent has the advantage when the market rallies in the months leading up to the big day.  Going back to 1928, incumbent presidents have won 90% of elections when the S&P 500 is positive in the previous three months, as reported by … Continue reading “The S&P 500 is a Strong Predictor of Election Results”

With the Pandemic, Thermal Imaging Demand is Soaring

Without a pandemic vaccine in hand, companies, airports, schools, and hospitals are turning to temperature scanning technology, such as infrared thermal cameras, in an effort to help reduce the spread of the virus. “Thermal imaging and sensing technology will certainly be among the lines of defense against the virus, according to market research firm Yole … Continue reading “With the Pandemic, Thermal Imaging Demand is Soaring”

The White House is Strongly Supporting the Growth of Telehealth

The Trump Administration is asking private insurers to expand telehealth benefits to its members. In fact, at a virtual “Roundtable Discussion on Embracing Technology and Telehealth,” the White House launched the Pledge to Embrace Technology to Advance America’s Health to assure people that “telehealth is here to stay,” according to a White House release.  In … Continue reading “The White House is Strongly Supporting the Growth of Telehealth”

Here’s Why Microgrid Demand Will Only Increase

Microgrid stocks, like CleanSpark (CLSK) are gaining attention with heat and blackouts hitting California. For one, utilities are realizing they can’t guarantee energy supply to their customers, especially in vulnerable areas. Two, power outages are becoming commonplace with wildfires, storms, earthquakes, and other natural disasters across the U.S. Three, as the latest virus pandemic wreaks … Continue reading “Here’s Why Microgrid Demand Will Only Increase”

This is Why Eastman Kodak Just Plunged 30%

Eastman Kodak (KODK) plunged 30% after a $765 million loan from the U.S. government  to help make drug ingredients was put on hold. Regulators are also looking into allegations of insider trading.  “Recent allegations of wrongdoing raise serious concerns,” the US International Development Finance Corporation said. “We will not proceed any further unless these allegations … Continue reading “This is Why Eastman Kodak Just Plunged 30%”

Microsoft in Talks to Buy TikTok After Meeting with President Trump

There’s a chance Microsoft could buy TikTok. While talks between the two hit a snag after President Trump said he had plans to ban TikTok in the U.S., a possible deal may be back on the table.  All after Microsoft CEO Satya Nadella spoke to President Trump. “Microsoft fully appreciates the importance of addressing the … Continue reading “Microsoft in Talks to Buy TikTok After Meeting with President Trump”

Why Gold Could Hit $3,000 this Year

Gold could hit $2,000, even $3,000 this year. At the moment, the metal is up to $1,941 after gaining $40 on the day. From here, we could see $2,000, says Goldman Sachs.  Meanwhile, analysts at Citi say gold, “is expected to climb to an all-time high in the next six-to-nine months, and there’s a 30% … Continue reading “Why Gold Could Hit $3,000 this Year”

This is Why Moderna (MRNA) Was Just Downgraded

Just this morning, Moderna (MRNA) was downgraded by JP Morgan on valuation concerns. In fact, analyst Cory Kasimov said that while he is bullish on the stock, MRNA can no longer support the stock’s valuation. On that news, MRNA fell $10.  However, the pullback may not last long thanks to strong COVID-19 study results.  Remember, … Continue reading “This is Why Moderna (MRNA) Was Just Downgraded”