BY FRANK GREGORY May 14, 2024 Hey Influence Traders, The foundation for all AI technology is chip manufacturing. Big names like Taiwan Semiconductor (Ticker: TSM) and Advanced Micro Devices (Ticker: AMD) often grab headlines. But there are some other big and small names that are making moves in the chip space: Analog Devices (Ticker: ADI)Global semiconductor leader.ADI bridges the physical…
BY FRANK GREGORY April 30, 2024 Hey Influence Traders, In November 2023, the price of gold was floundering. But we noted that many countries were dumping U.S. treasuries over concern about the U.S. economy. In the place of treasuries, those countries ramped up gold purchases. That was a bullish indicator for gold. Gold tends to bounce when demand from central banks…
BY FRANK GREGORY April 25, 2024 Hey Influence Traders, The $95 billion foreign aid bill passed the Senate on an overwhelming 79-18 vote. The President immediately signed it. The $61 billion package for Ukraine will send air defense weapons and artillery. To get the package across the finish line, some interesting stipulations were put in place: A bill to ban the…
BY FRANK GREGORY April 20, 2024 Hey Influence Traders, The Iron Dome defense system worked like a charm. Israel’s almost universal defeat of Iran’s attack showed the effectiveness of Israel air defense systems. But counter drone and missile technology, as it stands today, is expensive. It is estimated to have cost Israel around $500mm to repel the Iranian barrage. That is…