Article By:
Michael J. Kramer
Thursday, August 13, 2020 4:09 AM EDT
Stocks managed to regain today, what they lost in the final hour of trading yesterday. I’m not sure that much changed though from the recent trends. It just seems as if the weaker dollar may have added some fuel back to the risk-on trade.
In this article: AMD, CSCO, SPY, XLK, SQ, ZM
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Article By:
Frano Grgic
Thursday, August 13, 2020 3:59 AM EDT
The range from $1.17094 to $1.19030 is still holding the price. EUR/USD has formed a bullish engulfing bar on the daily time frame right on the lower level of the range area.
In this article: FXE, UUP
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Article By:
FXTechstrategy Team
Thursday, August 13, 2020 3:50 AM EDT
USD/JPY saw more gain to close higher for a third day in a row on Wednesday.
In this article: FXY
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Article By:
Florian Grummes
Thursday, August 13, 2020 3:46 AM EDT
Gold had an unbelievable run over the last few weeks and rushed towards new all-time highs at US$2,075. By clearly outbidding the old high of US$1,920 gold is officially back in a bull-market!
In this article: GLD, BITCOMP Also: FXE, SLV
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Article By:
Peter Morici
Thursday, August 13, 2020 3:20 AM EDT
Washington is Brigadoon: It reawakens every two years for politicians to campaign on the same tired ideas. Republicans preach tax cuts and deregulation, and Democrats soak the rich and more government spending.
In this article: ERIXF, NOKBF, AMZN, AAL, AMC
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Article By:
Tim Ord
Thursday, August 13, 2020 3:03 AM EDT
The SPY was up 7 days in a row going into yesterday. Such momentum suggests a higher high will be seen in the next 5 days. Therefore if the tick and trim reach extreme levels, a bullish short term setup could form for a rally above the February high.
In this article: GDX, SPY, SPX, VIX Also: GLD
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Article By:
Gene Inger
Thursday, August 13, 2020 2:49 AM EDT
Strength begets strength for the S&P, as even skeptics acknowledge it's highly probable we 'eek-out' an historic high. In the past I've mentioned that I have never seen such a strong market with so many it seems 'up in arms' protesting the move.
In this article: SRNE Also: NVAX, COMP, SPX, VIX, NYA
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Article By:
Zacks Investment Research
Thursday, August 13, 2020 2:00 AM EDT
Kohl's Corporation is likely to post a declinein the top and bottom lines when it reports second-quarter fiscal 2020 numbers on Aug 18.
In this article: KSS
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Article By:
Eric De Groot
Thursday, August 13, 2020 12:49 AM EDT
The US and global economy is not doing well. The Economic Activity Composite's Intermediate Oscillator has fallen below 0 again.
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Article By:
Mises Institute
Wednesday, August 12, 2020 11:54 PM EDT
Negative interest rates have long since become a reality. But we are not talking about negative real interest rates.
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Like a pack of cigarettes, the economy of the 2020s should come with a boldly labeled warning: The economy may be hazardous to your wealth.
China’s leading performance has unfolded amid rising tension with the US this year.
US interest rates are the fulcrum of the global financial system. Almost the entirety of this fulcrum, from 3-months out to 30-years, is below 1%. How much further can this trend go?
Market news from late Tuesday and Wednesday with a clutter of results.
Trulieve has provided a straight-forward comparison of its Q2 performance with Q1 compared to the more common sleight-of-hand method deployed by under-performers.
Though Edwards Lifesciences looks like a long-term investment pick, its near-term price action on the charts suggests that it is weakening. Option chain data also suggest the upside is capped.
