3 Reasons Why Gold Just Crashed

Gold experienced a ‘flash crash’ on Tuesday after several weeks of massive gains. The metal is under pressure as the pandemic situation normalizes and stimulus negotiations fall through. While gold investors face near-term pain, the metal’s bullish long term thesis remains intact. On Tuesday, gold plunged 4.6% to $1,946–its biggest single-day decline in seven years. …

Kylie Jenner, Not COVID-19, Is to Blame for the S&P 500’s Weakest Stock

The worst-performing stock in the entire S&P 500 is Coty Inc. Despite a massive recovery in rivals like Estee Lauder and L’Oreal, the beauty company has hugely unperformed the U.S. stock market. Controversy surrounding Kylie Jenner is likely the cause; can a partnership with Kim Kardashian-West save the day? After tumbling 60% from its open …

‘Nifty-Fifty’ All Over Again? Why Investors Should Fear Big Tech Rally

Apple, Microsoft, Google, Amazon, and Facebook have added a staggering $2.7 trillion to their combined market caps since March lows. High expectations and the Fed’s interventions drove the stock market’s rally, led by these giants. These stocks could face the same fate as the ‘Nifty-Fifty’ of the 1970s. Following the U.S. stock market crash of …

William & Harry’s Rift Just Confirmed My Kate Middleton Suspicions

Kate Middleton was revealed to be a key player in the ongoing saga between Princes William and Harry. Though the rift was caused by Prince William’s snide remarks against Meghan Markle, Middleton could have played a huge part in healing the brothers’ rift. She, instead, chose not to — and chose, instead, to not only …

Just One Stock Saved the Dow from Collapsing Today

The Dow Jones struggled toward a loss on Friday, though the Nasdaq shot higher. Consumer sentiment and income both missed forecasts. Apple’s earnings release and subsequent share price rally propped up the Dow as other DJIA stocks suffered woeful quarters. The Dow Jones endured a rough close to the week, as an earnings deluge dragged …