Ether, the worlds second-most valuable cryptocurrency, has been tanking since hitting a peak in mid June, highlighting an extended selloff in buzzy, digital currencies that had been on a tear only a few short weeks ago.
Check out: How cryptocurrency ethereum looks set to overtake bitcoin
In late May, I wrote a DailyWealth showing you exactly what a dying bull market looks like. The idea was simple: In the last great "Melt Up" in stocks – from 1998 to 1999 – something interesting happened... While the main stock indexes were rising in 1999, most st
In a recent Seeking Alpha article comparing two upstream producers (see: EOG Resources Or ConocoPhillips?), there were several comments regarding Occidental Petroleum (NYSE:OXY). This article will take the winner of my first article, ConocoPhillips (NYSE:COP), and compare its valuation with that of OXY.
Before we look at some valuation metrics, it should be noted that this comparison is not....More>>>
Now that 2016 has come to an end, it is important to look forward and backwards for the new year. Many investment strategists have been issuing their top 2017 picks and favorites, and that was the same issue from Merrill Lynch to start the year. The firm issued 8 top picks with Buy ratings for the first quarter and most have an implied upside of 15% or more. Just keep in mind that some analyst price....More>>>
The ability to withstand economic ups and downs coupled with locked-in growth make utility stocks ideal for dividend reinvestment (DRIP) and direct stock purchase (DSPP) plans, asserts Tim Begany, income expert and editor of Investing Daily’s Utility Forecaster.
DRIPs allow investors to reinvest their cash dividends by purchasing additional shares or fractional shares on the....More>>>
As theMcDonald's (NYSE:MCD) comeback stalls, the fast-food chain just overhauled its management team, ousting three executives in a shakeup that suggests CEO Steve Easterbrook's initiatives to transform the chain into a "modern, progressive burger company" aren't moving as fast or as well as
Freeport-McMoRan Inc. (NYSE:FCX) and Barrick Gold (NYSE:ABX) rank among the largest gold and copper miners in the world. After years of retrenching, both are in better operational and financial shape than they were when commodity prices started to tumble in 2011. But now that metals prices a
In February, the shortest month of the year, copper, gold, and oil company Freeport-McMoRan Inc (NYSE:FCX) saw its shares tumble by nearly 20%. After a roughly 95% price gain in 2016, it was a painful reminder of years past, when Freeport-McMoRan was dealing with the aftermath of a
Shares of Nevsun Resources (NYSEMKT:NSU) declined sharply, after the Q4 2016 earnings release. On Friday, shortly after the markets opened, Nevsun's shares hit a low at $2.34. It is just shy of the multi-year low of $2.27, reached in January 2016. The share price managed to recover slightly
Freeport-McMoRan (FCX) soared to the top of the S&P 500 today as metal & mining stocks rallied sharply after President Donald J. Trump signed executive orders meant to increase spending on infrastructure.