Today's Markets

Daily Markets Broadcast 2019-08-21

Daily Markets Broadcast 2019-08-21 Stocks rebound is short-lived The Wall Street rebound came to a halt yesterday after a three-day rally as lower yields pressured the financial sector. European shares slid after Italian PM Conte announced his resignation. Hong Kong faces transport disruptions tod ...

TFMR Podcast - Tuesday, August 20

With TF 9 Comments | 5 Likes Tuesday was a much better day than Monday and it even yielded a report of another Banker conviction for manipulating the prices of Comex gold and silver. All in all, a great day! But that manipulation news is so humdrum now that it's not even worth discussing. If y ...

The Korelin Economics Report with OANDA discussing US markets, the upcoming Jackson Hole meeting and G7 summit

Ed Moya, Senior Market Analyst at OANDA joins Cory Fleck to share his thoughts on the US markets and all the recession fears that are on investors minds. Most importantly for this week we look ahead to major events that could drive markets, these include the Jackson Hole meeting and the G7 summit ...

Q: Pat: What do you think about Auxly Cannabis Group? The Imperial Brands investment looks good. Thanks.

A: Auxly Cannabis Group Inc., $0.90, symbol XLY on the Toronto Venture Exchange (Shares outstanding: 606.7 million; Market cap: $551.2 million; www.auxly.com), develops, produces, and sells cannabis products to the medical, wellness, and recreational markets. The company was founded in 2017 and is ...

US Dollar Retreats Awaiting FOMC Minutes

The US dollar fell across the board against major pairs on Tuesday ahead of the central bank summit hosted by the Fed. The U.S. Federal Reserve will be releasing the minutes from the July Federal Open Market Committee (FOMC) meeting where it cut the benchmark rate by 25 basis points. The minutes wi ...

The Outlook For COMEX Silver Improves - Craig Hemke (20/08/2019)

August 20, 2019 While we've been on the record since January in predicting that 2019 would see the best annualized gains for the precious metals since 2010, we've also been concerned that COMEX gold might pull away from COMEX silver in the short term. Now? Maybe not so much. Two posts from earlie ...

Dow falls for the first time in four days

Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week. The Dow Jones Industrial Average traded 50 points lower, or 0.2%. The S&P 500 and Nasdaq Composite pulled back 0.3% and 0.2%, respectively. The Dow was on pace to snap a three-session winning streak. ...

This Is Still A “Sellable Rally”

In last Tuesday’s “Technical Update,” I wrote that on a very short-term basis the market had reversed the previously overbought condition, to oversold. This oversold condition is why we took on a leveraged long position on the S&P 500. ...

Can a Growth Scare Benefit Tech Stocks?

Given the recent volatility, investors may be wary of tech. Not so fast, Russ explains. ...

2Q Corporate Results: 2% Earnings Growth Expected in 2019

Analysts' expectations for 10% earnings growth in 2019 have been revised down to just 2%. This estimate will be about right if margins can be maintained at the current level and the dollar doesn't further appreciate. For 2020, analysts currently expect growth of 5% to sales and 11% to earnings. This ...