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Stocks Point Mildly Higher On Stimulus Hopes
Article By: Fiona Cincotta
Friday, July 17, 2020 3:52 AM EDT
Asian markets edged higher overnight and European bourses are pointing to a mildly higher open as hopes of further stimulus from governments across the globe overshadow rising global coronavirus cases.
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AUDUSD Daily Analysis – Friday, July 17
Article By: ForexCycle
Friday, July 17, 2020 3:46 AM EDT
AUDUSD remains in the uptrend from 0.6832, the pullback from 0.7037 is likely consolidation for the uptrend.
In this article: FXA, UUP
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Summertime Sizzle For Gold And Silver
Article By: Stefan Gleason
Friday, July 17, 2020 3:35 AM EDT
In early July, gold and silver each broke out to fresh multi-year highs. The yellow metal is within striking distance of new all-time highs and the headline worthy figure of $2,000/oz.
In this article: GLD, SLV
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Intraday Analysis For EURUSD, Friday, July 17
Article By: Frano Grgic
Friday, July 17, 2020 3:29 AM EDT
The EURUSD price reacted to yesterday’s trading session when the London and New York trading sessions were active.
In this article: FXE, UUP
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EU Meeting In Focus On Friday
Video By: LMAX Group
Friday, July 17, 2020 3:20 AM EDT
The combination of a more distressing read from Thursday’s US initial jobless claims, and another soft session for Chinese equities, is weighing on markets into Friday.
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S&P 500 Technical Analysis For Friday, July 17
Video By: Peter Mathers
Friday, July 17, 2020 2:30 AM EDT
Today's trade setups for the SP500.
In this video: SPX
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USD/CAD Price Outlook: Dollar Builds A Base, Loonie Eyes Oil
Article By: DailyFX
Friday, July 17, 2020 1:30 AM EDT
USD/CAD price action has fluctuated within a rough 300-pip trading range since mid-June. This major currency pair has drifted sideways alongside several other rangebound markets.
In this article: FXC, OIL, UUP, UCO
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The Great Reset Part. 3: How Does One Tell A Story?
Article By: James Altucher
Friday, July 17, 2020 1:08 AM EDT
In the Great Reset, all the degrees and credentials in the world will no longer help you.
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The Big Four Economic Indicators: June Real Retail Sales
Article By: Jill Mislinski
Friday, July 17, 2020 12:30 AM EDT
Month-over-month nominal sales in June increased by 7.5%. Real Retail Sales, calculated with the seasonally adjusted Consumer Price Index, increased by 6.9%.
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Monthly Dividend Stock In Focus: Eagle Point Income Company
Article By: SureDividend
Thursday, July 16, 2020 11:42 PM EDT
High yielding stocks often come with high risks and that is true for Eagle Point. The company specializes in CLOs, which is risky on its own, but even more so when the debt is rated below investment grade.
In this article: EIC
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These Are The Top Volatility Events Of The Second Half
Article By: Tyler Durden
Thursday, July 16, 2020 11:01 PM EDT
Markets have never been more broken - but that is to be expected for the following three reasons.
In this article: ACWI, SPX
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Philly Fed Continues To Rebound
Article By: Bespoke Investment Group
Thursday, July 16, 2020 10:21 PM EDT
Similar to the Empire Fed’s reading for six months out, the Philly Fed’s index for General Business Conditions pulled back a bit in July falling to 24.1 from 27.5 in June.
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OPEX Trading Strategy; Best Trades For Friday
Video By: Joseph James
Thursday, July 16, 2020 10:18 PM EDT
We’re headed into Options Expiration, better known as OPEX Friday tomorrow morning, which usually means lower volume and unpredictable price-action.
In this video: GLD, OIL, SPX
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Did China’s GDP Growth 3.2% Or 60%?
Article By: Scott Sumner
Thursday, July 16, 2020 9:38 PM EDT
China’s GDP data shows year-over-year growth. Thus Q2 GDP in China was 3.2% above 2019:Q2. But how much did it grow relative to last quarter?
In this article: GSX
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Netflix May Have Just Killed The Big Stock Market Rally
Article By: Michael J. Kramer
Thursday, July 16, 2020 9:27 PM EDT
Stocks fell today with the S&P 500 dropping by about 35 basis points, while the QQQ ETF dropped by around 70 bps.
In this article: AMD, QQQ, AMZN, NVDA, ADBE
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Bet On Quality ETFs For A Volatile Market
Article By: Sweta Killa
Thursday, July 16, 2020 9:00 PM EDT
Here are five ETFs that could enjoy smooth trading and generate market-beating returns in the current market environment.
In this article: QUAL, SPHQ, BFOR, QDF, QUS
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