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As tensions in the Middle East escalate, major Wall Street institutions have revised their gold price targets upward. Goldman Sachs is bullish with a target of $2,700, while Bank of America's expectation stands at $3,000. UBS is projecting an even more ambitious figure, calling for a remarkable $4,000 per ounce—a potential doubling of current prices.
$Gold Futures(JUN4)(GCmain.US$ have consistently been hitting new record high...
$Gold Futures(JUN4)(GCmain.US$ have consistently been hitting new record high...
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She is long not short
Buy the dip. The fear environment is being created to build position.
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This is the time to buy. Buy the dip when there is a fear in the market.
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Hi, mooers!![]()
A new year is here, and we're ready for new adventures! But first, let's look back at 2023. Happy with your investments? Learned something valuable? Let's talk about it.![]()
Last year, we shared a lot about investing. We got tips, reviewed our choices, and planned for the future. Every story from you made our investment trip feel less lonely.
Let's revisit the past year's highlights and toast to our collective s...
A new year is here, and we're ready for new adventures! But first, let's look back at 2023. Happy with your investments? Learned something valuable? Let's talk about it.
Last year, we shared a lot about investing. We got tips, reviewed our choices, and planned for the future. Every story from you made our investment trip feel less lonely.
Let's revisit the past year's highlights and toast to our collective s...
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ColumnsCathie Wood Buys Tesla Again after 2023 Sell-Off, Will Her Accurate Prediction History Continue?
At the beginning of 2024, $Tesla(TSLA.US$ continues to face bearish pressure from Wall Streets. The main reasons are attributed to an EV slowdown that is looming, phasing out subsidies from government, and the threat posed by BYD from China. During the first four trading days of this year, Tesla's stock price fell by 4.4%, closed at $237.49 on last Friday, causing the company's market value to shrin...
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Tesla's first quarter earnings triggered a near 10% sell-off Thursday, investors concerned about margins as the company continues to cut prices.
But that did not faze Ark Invest's Cathie Wood. She expected Tesla to hit $2000 a share by 2027 and bought over 256,000 shares of Tesla at an estimated valuation of over $41.7 million based on Thursday's closing price.
Tesla's prospective robotaxi business line is a key driver, contrib...
But that did not faze Ark Invest's Cathie Wood. She expected Tesla to hit $2000 a share by 2027 and bought over 256,000 shares of Tesla at an estimated valuation of over $41.7 million based on Thursday's closing price.
Tesla's prospective robotaxi business line is a key driver, contrib...
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Markets remain strong and the global economy is holding up better than expected. Yet, sentiment turns more bearish in April![]()
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CNBC surveyed 400 Chief Investment Officers, equity strategists, portfolio managers and contributors who manage money about where they stood on the markets for the second quarter and beyond. 68% of them anticipated there would be more room to fall for the $S&P 500 Index(.SPX.US$.
Likewise wit...
CNBC surveyed 400 Chief Investment Officers, equity strategists, portfolio managers and contributors who manage money about where they stood on the markets for the second quarter and beyond. 68% of them anticipated there would be more room to fall for the $S&P 500 Index(.SPX.US$.
Likewise wit...
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On Tuesday, the U.S. inflation data reported ran hotter than forecasts in August, which solidified traders' bets on a 75 basis-point rate hike by the Federal Reserve next week. The stock market was scared on the terrible CPI data.
The last few months have seen a wild journey for global stocks, with rallies spurred by low market positioning and expectations over peaked U.S. inflation, and declines driven by worries that central banks will remain hawkish...
The last few months have seen a wild journey for global stocks, with rallies spurred by low market positioning and expectations over peaked U.S. inflation, and declines driven by worries that central banks will remain hawkish...
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