Like something out of a Hollywood caper, the Green Vault in Dresden was robbed of the Saxon Royal Collection, one of the most valuable collects of jewelry in the word.
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| | Good morning, Like something out of a Hollywood caper, the Green Vault in Dresden was robbed of the Saxon Royal Collection, one of the most valuable collects of jewelry in the word. It's the biggest museum theft in Germany since World War II, and uncharacteristic of a German museum, the collection was uninsured.
Police say that thieves, who simply smashed a display case and grabbed the jewels, may have also set a nearby fire as a distraction. Besides the value of their minerals themselves, many items are excellent examples of 18th century craftsmanship, and the vale of the stolen pieces are valued at over $1 billion.
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| Announcing: Alex Green's '10X' Project (By clicking this link you will be registered — FREE — for the first-ever, the Microcap Millionaire Summit on December 3.)
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There are three ways you could make returns of 10X your money in the stock market without using options or leverage of any kind.
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(By clicking this link you will be registered — FREE — for the first-ever, the Microcap Millionaire Summit on December 3.)
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| DOW 28,164.00 | +0.15% | | |
| S&P 3,153.63 | +0.42% | | |
| NASDAQ 8,705.17 | +0.66% | | |
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*As of market close |
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• | U.S. markets were closed yesterday for Thanksgiving. | | |
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Two Companies With a Surprising Reason to Rally | |
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There's an old investment saying: Don't catch a falling knife. Yet time and again, companies that have big drops will often see a big rally.
Even if it doesn't get original investors back to break-even, these rallies happen, and there's one key piece of data that can give you an indication of what happens and why.
In essence, a company sees a big rally after a decline simply because those betting on a decline have gotten what they wanted.
» FULL STORY |
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| Insider Trading Reports: Kinder Morgan (KMI) | |
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Richard Kinder, CEO and founder of Kinder Morgan (KMI), bought another 300,000 shares recently. At current prices, the buy cost $5.9 million.
Kinder, who already has a large stake in the firm, saw his holdings increase by a mere 0.12 percent.
Insider buying data for the past few years shows all buys in 2017 and 2018, but this year has had a number of sales from a few insiders, even as total buys have accelerated.
» FULL STORY |
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| Unusual Options Activity: iQIYI (IQ) | |
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Call options expiring on December 20th with a $21 strike price on iQIYI (IQ) saw a 73-fold rise in volume, going from 115 open contracts to nearly 8,500 contracts trading hands.
With the trade expiring in 21 days, and as shares of IQ trader just under $20, it's a bet that shares will rally about 6 percent in the next few weeks. Given that shares have traded as high as $29 in the last year, a move higher is likely.
» FULL STORY |
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TOP | | HP | 6.558% | | | UA | 6.193% | | | UAA | 6.17% | | | ADSK | 5.492% | | | WDC | 3.49% | | | BOTTOM | | DE | 4.297% | | | PVH | 2.599% | | | CME | 2.375% | | | DLTR | 2.341% | | | IRM | 1.902% | | | |
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We still need to address and, more importantly, correct inadequate levels of inventory across the country. There is no shortage of buyers seeking homes, but a lack of available units continues to drag down the nation's housing market and overall economy. |
- Lawrence Yun, chief economist at the NAR, on how a shortage of housing is leading to a drop in pending home sales. |
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