The latest posts from TalkMarkets
Did Bitcoin Kill Gold’s Monetary Utility?
Today 19:30 EDT
Gold is absolutely money – a medium of exchange. But gold isn’t a good form of money because it’s an antiquated type of monetary alternative in a digital economy.
A look at Netflix's earnings along with upcoming earnings in other key stocks including Tesla tomorrow, and review of key levels in the main equity indexes along with the new lows trading in bonds.
FANG+ Hits a New High With Mixed Relative Strength
Today 18:42 EDT
After rallying 6.44% in the past five days, the index of FANG+ stocks is now back at a 52-week high.
Stocks And Precious Metals Charts - Because They Can
Today 18:29 EDT
Gold and silver made a rally attempt and managed to hang on to some of it into the close, silver a little more so than gold.
Market Talk - Tuesday, Oct. 19
Today 18:03 EDT
Yellen described the debt ceiling stall as a “temporary reprieve” and claims the Treasury will continue to take “extraordinary measures” before the December 3 deadline.
S&P 500, Nasdaq Nab 5th-Straight Wins as Earnings Impress
Today 17:38 EDT
Another round of well-received earnings helped boost markets today, with the Dow adding 198 points, while the Nasdaq and S&P 500 both nabbed their fifth-consecutive daily wins.
Recession before the Leaves Fall?
Today 17:25 EDT
The Michigan sentiment indicator certainly covaries and precedes recession dates, although the probit model does not do a particularly good job at detecting big changes in probability.
5 Consumer Discretionary ETFs Rising to New Highs
Today 17:13 EDT
Bitcoin Futures Arrive
Today 17:00 EDT
While the cap-weighted indexes have surged to new highs as recently as early September, the equal-weight and small-cap indexes have been trading sideways since March.
Twitter is trading above the eight-day and 21-day exponential moving averages (EMAs), with the eight-day EMA trending above the 21-day, both of which are bullish indicators.
The First US Bitcoin ETF is Here
Today 15:47 EDT
ProShares Bitcoin Strategy ETF, the first US-listed bitcoin ETF has started trading today, making the world’s biggest cryptocurrency available in a tax-efficient wrapper to investors via any brokerage...
Gold Stocks Massive Buy Signals In Play
Today 15:34 EDT
Softs Report - Tuesday, Oct. 19
Today 15:21 EDT
Cotton futures were mixed in consolidation trading. Demand for US Cotton remains very strong and that is good news for sellers as the strong demand implies strong prices should continue.
Oil, Copper Outlook: US Crude (WTI) Oil Tests 2014 Levels as The Energy Crisis Intensifies
Today 15:09 EDT
Supply chain disruptions in the commodity market continue to weigh on energy prices, exacerbating the effects of the global Covid-19 pandemic.
Goldman Slashes Its Forecast Of "Build Back Better" Package Again, Now Sees Only $2 Trillion
Today 14:56 EDT
Weekly Gasoline Prices: WTIC Highest Since 2014
Today 14:43 EDT
As of October 18, the price of Regular and Premium were up six and five cents each, respectively, from the previous week.
Shadow Inflation Could Be A Bigger Problem Than You Realize
Today 14:31 EDT
We are all familiar with inflation. But did you know there’s another form of inflation? Some economists call it “shadow inflation”, and it refers to instances when...
New housing construction for September shows a big decline on the surface, but underneath shows stabilization
Today 14:05 EDT
Housing starts decreased -1.6% m/m, and total permits decreased a whopping 7.7%, but only after a downwardly revised 5.6% increase in August.
Most Active Equity Options For Midday - Tuesday, Oct. 19
Today 13:53 EDT
Top Tickers: AAPL, TSLA, AMD, FB, AMC, NIO, FCEL, BABA, PLTR, CCJ, DKNG, NVDA, MSFT, CEI, COIN, PROG, AMZN, RIOT, SOFI, MARA.
Grains Report - Tuesday, Oct. 19
Today 13:42 EDT
Wheat in Chicago was mostly a little higher, with Minneapolis closing a little lower. The US and Canada have reduced production this year and so do most exporters around the world.
Stocks Move Higher, Sentiment Boosted by Strong Earnings
Today 13:31 EDT
Stock are extending their leads this afternoon, as strong third-quarter earnings reports continue to roll in.
The Pandemic Sharply Reduced Canadian Household Formation
Today 13:19 EDT
The pandemic sharply reduced Canadian household formation in 2020. With immigration projected to rebound, household growth should surge in 2021 and 2022.
Gold Price Forecast: XAU Coil Continues After 1800 Res Rejection
Today 13:08 EDT
Gold prices put in a flicker of strength last week, but soon found resistance at the 1800 psychological level.
Bitcoin: Higher And Higher Into Year-End
Today 12:55 EDT
Bitcoin has been on a rampage since the triple bottom got put in last summer. Prices are up by over 100% and for a good reason.
Consumer Discretionary Ripping
Today 12:43 EDT
Some of the biggest members of the Consumer Discretionary sector by market cap have been pulling more than their fair share for the S&P 500’s gains recently.