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When You Aren’t Actually A Central Bank, Part 2: The Stubborn Deflation
Article By: Jeffrey P. Snider
Thursday, June 3, 2021 7:20 AM EDT
Ever since March 2020, GFC2, Federal Reserve officials from Jay Powell on down have been busy patting themselves on the back for their splendid performance during last year’s big event.
In this article: IEF
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Russian Wealth Fund To Slash US Dollar Holdings To Zero - Reinvest In EUR, Gold, And Yuan
Article By: Nick Cawley
Thursday, June 3, 2021 7:13 AM EDT
Russia’s Finance Minister said today that the country’s wealth fund will slash its US dollar holdings to zero, in the latest move by Russia to reduce the country’s exposure to the greenback.
In this article: FXE, CYB, GLD
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GBP/JPY Bullish POC As The Price Is Going Up
Article By: Nenad Kerkez
Thursday, June 3, 2021 7:06 AM EDT
The GBP/JPY is in uptrend. I expect buying the dips scenario.
In this article: FXB, FXY
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USD: Shift In Technicals Backed By Cycle
Article By: Ivan Delgado
Thursday, June 3, 2021 7:03 AM EDT
The pieces of the puzzle as it relates to both technicals and cycle analysis appear to be coming together. Keep reading if you'd like to find out why we may be on the cusp of a cyclical shift in the US Dollar performance. 
In this article: UUP Also: SPX
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The Grief Pandemic Will Torment Americans For Years
Article By: Global Economic Intersection
Thursday, June 3, 2021 6:54 AM EDT
With nearly 600,000 in the U.S. lost to COVID-19 - now a leading cause of death - researchers estimate that more than 5 million Americans are in mourning, including more than 43,000 children who have lost a parent.
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NIO Stock Price Could Pass $50 According To Citi Analyst
Article By: InvestorsAlley
Thursday, June 3, 2021 6:23 AM EDT
Nio (NIO) could run well above $50 a share again. For one, EV sales like those from NIO show no sign of slowing. The U.S. just pledged to reduce emissions by up to 52% over the next several years.
In this article: AMD, NIO, TSN, BYND, FEYE Also: C
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How To Use Simple Risk Control For Stocks Like AMC
Article By: Michele Schneider
Thursday, June 3, 2021 6:08 AM EDT
Once a stock goes flying, it seems as though everyone wants a piece of the action. Of course, it might be fun to be a part of a big move, but it can also be extremely dangerous to take a trade in something going parabolic.
In this article: AMC Also: LIT, IBB, QQQ, DBA, DIA, GLD, IWM, JNK, KRE, SLV, SMH, SPY, TLT, UGA, USD, VBK, VXX, XLU, XOP, XRT, MJ
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Massive Supply Chain Issues
Article By: Upfina
Thursday, June 3, 2021 6:02 AM EDT
The May PMI report was one to remember because of the extreme supply chain issues.
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Why The PRO Act Is Critical
Article By: Robert Reich
Thursday, June 3, 2021 5:53 AM EDT
According to the Labor Department’s Occupational Safety and Health Administration, Amazon warehouse workers sustained nearly double the rate of serious injury incidents last year as did workers in non-Amazon warehouses.
In this article: AMZN
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How To Build A Recession-Proof Portfolio With Dividend Growth Stocks
Podcast By: The Dividend Guy
Thursday, June 3, 2021 5:49 AM EDT
Why you should know your strengths and weaknesses and how it will help you build or improve your portfolio?
Listen
Cannabis Stocks Tilray, Sundial Strike Major Gains Amid High Retail-Investor Interest
Article By: Benzinga
Thursday, June 3, 2021 5:42 AM EDT
Shares of Tilray Inc. and Sundial Growers Inc. recorded double-digit gains in Wednesday’s regular trading session amid high retail investor interest in the two Canada-based cannabis companies.
In this article: TLRY, SNDL Also: AMZN, GME, AMC, BE
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Natural Gas Forecast: Key Trendline In Focus As Strong Exports Provide Support
Article By: DailyFX
Thursday, June 3, 2021 5:36 AM EDT
Natural gas is on track to record a second weekly gain following bullish export figures from the US Energy Information Administration (EIA).
In this article: UNG
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BTC/USD Forecast: Bitcoin Continues To Build Potential Base
Article By: Christopher Lewis
Thursday, June 3, 2021 5:26 AM EDT
The Bitcoin markets rallied just a bit during the trading session on Wednesday to break above the top of the 200-day EMA yet again. At this point, the market is simply going back and forth and using the 200-day EMA as a bit of a magnet for price.
In this article: BITCOMP
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Relative Strength In Gold, Gold Stocks & Types Of Stocks To Buy
Podcast By: Jordan Roy-Byrne
Thursday, June 3, 2021 5:19 AM EDT
Jordan Roy-Byrne joins Cory Fleck for a look at how gold has performed compared to gold stocks, bonds, and the US markets.
In this podcast: GDX, GDXJ, GLD, IEF
Listen
Nvidia Hits Record High After CEO’s Statement On Acquisition Of ARM
Article By: InsideTrade
Thursday, June 3, 2021 5:16 AM EDT
The shares of Nvidia have increased to new record highs on Wednesday. The shares of the company were selling for $676 per share, which is the highest price ever for the stock.
In this article: NVDA
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Sensex Trades Over 200 Points Higher, Dow Futures Down By 39 Points
Article By: Equitymaster India
Thursday, June 3, 2021 5:07 AM EDT
Share markets in India are presently trading marginally higher. The BSE Sensex is trading up by 202 points, up 0.4% at 52,051 levels. Meanwhile, the NSE Nifty is trading up by 72 points.
In this article: INDY, EPI, PIN, INDA
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