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Executing Our Vision, Achieving Our Global Potential: A Letter to Shareholders

Dear Fellow Legible Shareholders, I want to thank you for your continued support, faith, and trust in the Legible team to execute on our vision to revolutionize the global eBook marketplace for readers, publishers, and authors through our innovative eBook entertainment pl...
Featured Submission | April 13, 2022 |

Gold Price Trend Forecast 2020 - Part1

The gold bull market ended 2019 with a strong gain of 19%. The first half the year was marked with uncertainty as the price after an early year surge to $1350 gave up all of it's gains to drift lower to trade down on the year by early May. However, this was the calm before the...
Nadeem Walayat | January 24, 2020 |

Coronavirus China Infection Statistics Analysis, Probability Forecasts 1/2 Million Infected

We in the West are in still the CALM before the Coronavirus STORM stage, both in terms of infections and in terms of economic impact as we witness China's economy effectively grind to a halt, a harbinger of what to expect to come that the financial markets are STILL NOT disc...
Nadeem Walayat | February 24, 2020 |

Will CoronaVirus Pandemic Trigger a Stocks Bear Market 2020? Part1

The stock market is confounding growing Coronavirus fears by recovering all of the late January's drop in the wake of Coronavirus news out of China that started global alarm bells ringing of what could transpire right across the world. The Dow retraced all of its drop from 2...
Nadeem Walayat | February 12, 2020 |

What Do These Three Charts Have in Common?

Bob Moriarty of 321gold provides three charts for readers. Hint: That's what massive tops look like. Don't tell anyone else, I want to keep it a secret between you and me. Bob Moriarty founded 321gold.com , with his late wife, Barbara Moriarty, more...
Streetwise Reports | February 5, 2020 |

Gold Is Due a Correction

All markets go up. All markets go down. No market ever goes straight up unless it's the end of the world and in that case why would you care? Gold hit bottom in early 2016. Smart money was buying then. Gradually gold rose and fell with the tide until lately when it we...
Streetwise Reports | August 13, 2019 |

Q2 Earnings Beat Boosts Caleres Stock 24%, But Is There Room to Run in This Rally?

Investors responded favorably to this footwear stock's Q2/19 results, elevating the stock price 24% on Tuesday. However, the stock is still down quite a bit from its 6-month and 1-year highs. Footwear company Caleres Inc. (CAL:NYSE) reported an assortment of positiv...
Streetwise Reports | August 28, 2019 |

Energy Firm Reacts to Oil Price Weakening with 2019 Budget Decrease

The company's revised estimates, the reasons for and repercussions of them are addressed in a CIBC report. In an Aug. 26 research note, analyst Dave Popowich reported that his firm CIBC reduced its price target on Whitecap Resources Inc. (WCP:TSX) to CA$7.25 per sha...
Streetwise Reports | September 3, 2019 |

Silver, Gold and Platinum Are Due a Break

When you are climbing the steepest of mountains, especially at high altitudes, it can be tiring. If you start getting a nosebleed, you are simply working too hard and need a break. The DSI (Daily Sentiment Index) on gold hit 97 four weeks ago and while it has struggled ...
Streetwise Reports | September 6, 2019 |

Silver's Sharp Reaction Back

Technical analyst Clive Maund charts silver and explains why he believes it hasn't hit a final top. Silver reacted back sharply on Thursday and Friday after a parabolic blowoff top. This was not a final top, but it does indicate that silver needs to take a rest and co...
Streetwise Reports | September 10, 2019 |
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