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Gold Breaks Out To 5+ Year High
Article By: Bespoke Investment Group
Thursday, June 20, 2019 2:14 PM EDT
We’re seeing GLD break above $130 today as the yellow metal makes a new 5+ year high.
In this article: GLD
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Eurozone Consumer Confidence Drops Amid Global Growth Concerns
Article By: ING Economics
Thursday, June 20, 2019 1:36 PM EDT
Consumer confidence falls from -6.5 to -7.2. Even though the household income situation is moving in the right direction, growth concerns seem to be the cause of increased pessimism.
In this article: EZU
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FANG, S&P 500, Danaher
Article By: Todd Sullivan
Thursday, June 20, 2019 1:00 PM EDT
Every investment cycle becomes distorted by Momentum Investors. This cycle it is FANG-type issues, Facebook, Amazon, Netflix, Google.
In this article: META, AMZN, NFLX, GOOGL, SPX, DHR
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Eagle Point Credit: Don’t Speculate On This 14% Yielder
Article By: SureDividend
Thursday, June 20, 2019 12:48 PM EDT
Eagle Point Credit’s high dividend yield and monthly dividend payments make it an intriguing stock for dividend investors, even though its dividend payment has been stagnant in recent years.
In this article: ECC
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Bullish Sentiment Very Low For A Market At New Highs
Article By: Bespoke Investment Group
Thursday, June 20, 2019 11:36 AM EDT
The market may be reaching all-time highs today, but sentiment is hardly reflective of that. The AAII weekly sentiment survey continues to see modest improvements in bullish sentiment.
In this article: SPX
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Caution Creeps In At Bank Of England As 'No Deal' Fears Resurface
Article By: ING Economics
Thursday, June 20, 2019 10:21 AM EDT
The fact that Bank of England policymakers are flagging that the perceived risk of a 'no deal' Brexit is rising suggests that interest rates are unlikely to rise this year, despite recent signals that markets may be underestimating future tightening.
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Gold Miners Waiting On This Chart
Article By: Gary Tanashian
Thursday, June 20, 2019 10:12 AM EDT
Do you think that maybe gold stocks would benefit if gold manages to turn up vs. the US stock market?
In this article: SPX, GLD, HUI
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Student Loan Debt Climbs To Record High $1.4 Trillion In 2019
Article By: Mish Shedlock
Thursday, June 20, 2019 10:02 AM EDT
Want to know what's holding back housing and family formation? Look no further than student loans.
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The 3-Big Lies About Tax Cuts & The Economic Impact
Article By: Lance Roberts
Thursday, June 20, 2019 9:30 AM EDT
While well-designed tax reforms can certainly provide for better economic growth, those tax cuts must also be combined with responsible spending in Washington.
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Tesla Price Target Lowered To $158 From $200 At Goldman Sachs
Article By: The Fly
Thursday, June 20, 2019 9:22 AM EDT
Goldman Sachs analyst David Tamberrino noted that Tesla shares have recently been bouncing back amid optimism about near-term deliveries.
In this article: TSLA
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New Highs
Article By: Bespoke Investment Group
Thursday, June 20, 2019 9:14 AM EDT
Markets slept on yesterday’s Fed-fest and decided they liked it. The S&P 500 has its sight set on record highs, while the Nasdaq isn’t far behind.
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Taiwan Central Bank Stays Put As Expected
Article By: ING Economics
Thursday, June 20, 2019 8:57 AM EDT
The central bank left policy unchanged in June.
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Norges Bank Hikes Rates And Hints At Another Later This Year
Article By: ING Economics
Thursday, June 20, 2019 8:03 AM EDT
The Norges Bank has lived up to its status as the hawkish outlier in the developed market central bank space.
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OI Flashes Bullish Signs
Article By: Mati Greenspan
Thursday, June 20, 2019 7:54 AM EDT
Gold, Oil, Stocks, and Bonds are all up since the speech.
In this article: BITCOMP, GLD, OIL, TLT, DJI
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Doves Rules The Roost Except In Oslo
Article By: Marc Chandler
Thursday, June 20, 2019 7:43 AM EDT
The prospect of "lower for longer" continues to fuel the bond and stock rally. The initial US equity response to the Fed was positive but not strong and closed about 0.3% higher.
In this article: FXE, FXY, FXC, UDN
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Deutsche Bank, Fearing 2019 IPhone Cycle 'Lull', Starts Apple At Hold
Article By: The Fly
Thursday, June 20, 2019 7:34 AM EDT
Deutsche Bank analyst Jeriel Ong last night initiated coverage of Apple with a Hold rating and $205 price target.
In this article: AAPL
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