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(Kitco News) – World stock markets were mostly near steady to weaker Tuesday, after the long U.S. holiday weekend. U.S. stock indexes are pointed toward slightly lower openings when the U.S. day session begins.
Gold prices are modestly lower in pre-U.S. trading after poking to a four-week high overnight.
Insys Therapeutics – our "War on Pain" biotech play – has given us a profit of more than 10.7% since we recommended the stock a little less than two weeks ago.
I hope you like profits, because that's just for starters.
The U.S. Food and Drug Administration (FDA) last week approved the final "product label" for the company's new synthetic marijuana drug – which means Insys can bring this new therapy to market in August.
Investors who specialize in drug stocks are always trying to pull profits from trades based on the three-step FDA "phalanx" that up-and-coming biotechs must navigate to finally get a new drug to market.
But if you really want to cash in, commercialization is the "triggering event" that can make that happen.
And that's exactly where Insys is right now.
We will talk about energy markets another time. I have something else I need to share with you.
Today, we honor those who have made the supreme sacrifice to allow the rest of us to live the kind of lives we do.
For me, personally, this is a very tough time of the year. And it is all coming back to me this morning.
It's prompted me to think about my time on the front lines of the Cold War and its aftermath, while walking in what these days feel like another guy's shoes.
I was then playing "The Great Game" of geopolitical conflict as a profession; a game with some very high stakes. A game that helped make me who I am.
Thinking about those days brought back the faces of people who helped shape me. I owe them my life. For a few, that debt is a very literal one.
And that, you see, is what makes this time of year so difficult for me. Because this week, May 31, marks a bittersweet anniversary.
It is one of two dates on which I should have died...
Terror attacks and murder in the United Kingdom… constitutional crisis and intrigue in the United States… doubts over Europe's future, questions about China's ultimate global ambitions…
Headlines like the ones we've seen lately do not usually make for smooth sailing in the markets.
But… after some bouts of profit-taking, which gave us the opportunity to load up on great companies like Apple Inc., stocks are on track to finish the month of May with some modest net gains.
In light of the "unusual" conditions for such profits, FOX Business' Stuart Varney asked our Chief Investment Strategist Keith Fitz-Gerald to appear on "Varney & Co." (as he often does) to ask him a simple question that's on everyone's mind:
What the heck is going on here?
Here's what Keith thinks is changing to make these gains possible when the news is so unsettling...
by Shah Gilani
Earlier this week, Shah showed you how financialization of the U.S. economy could destroy the middle class.
Globalization is also an insidious contributor to the widening income gap and wealth inequality in the U.S. It's essentially another nail in the coffin of the middle class.
But it's still possible to stop both of these disasters before it really is too late...
Investors hoping to own shares of Aramco stock are anxious to learn what the Saudi Aramco IPO price will be.
With a potential valuation of over $2 trillion, investors across the world know Aramco is a hugely valuable company.
by Alex McGuire
Small-cap stocks are companies with market caps between $300 million and $2 billion.
Today, we're going to show you three industries where you can find the best small-cap stocks to buy.
by Casey Wilson
Amazon just opened up a brick-and-mortar retail store in NYC.
It's a complete 180 from traditional business models… and it's pure genius.
Here's how Amazon plans to pull it off...
In Dow Jones news today, the markets were mostly flat as investors wait to trade until after the long holiday weekend.
Oil prices and precious metal prices were able to climb today.
Today, we're bringing you one of the best Chinese stocks to buy now that will profit from the massive $1 trillion in spending expected from the new "One Belt, One Road" initiative.
While everyone is pointing to that $1 trillion estimate, we think that projection is way too conservative. This project could be worth as much as $5 trillion.
And this is one of the best Chinese stocks to buy now to profit from this massive project...
