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Bulls Stay In Charge
Article By: Bespoke Investment Group
Thursday, August 12, 2021 12:33 PM EDT
As equities have continued to trend higher in the past week, sentiment has modestly improved across various indicators.
In this article: SPX
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Real Wages And Inflation Or Where Here The Rubber Meets The Road
Article By: Norman Mogil
Thursday, August 12, 2021 12:21 PM EDT
The anticipated economic recovery is now facing one of its most severe tests as real wages confront the recent surge in consumer prices.
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Initial Claims Continue Rangebound, While Continuing Claims Continue Slow Decline
Article By: New Deal Democrat
Thursday, August 12, 2021 12:09 PM EDT
Initial jobless claims declined 12,000 this week to 375,000, still 7,000 above their best pandemic levels of 368,000 set on June 26 and July 10.
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CNC: This Leading Healthcare Stock Is Getting Attractive
Article By: Nick Santiago
Thursday, August 12, 2021 12:00 PM EDT
The next major support level for Centene Corp's stock will be around the $59.00 area. This support level is where the stock was defended in late April 2021 before surging to its July 2021 top.
In this article: CNC
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Turkey: No Change In Policy Rate Or Guidance
Article By: ING Economics
Thursday, August 12, 2021 11:49 AM EDT
Despite challenging inflation dynamics, the CBT did not make any changes to its policy guidance.
In this article: TUR
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More Greek Variants To Follow
Article By: Vivian Lewis
Thursday, August 12, 2021 11:38 AM EDT
Nokia will supply the Western Power District with private long-term evolution fast 5G grid for trials.
In this article: NIO, SLB, NPSNY, TCEHY, CSIQ, ABCL, AQN, PROSY, NOK, TSLA, SSEZY
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Gold: Recovering From A Food Coma
Article By: Przemyslaw Radomski, CFA
Thursday, August 12, 2021 11:29 AM EDT
No market moves in a straight line and neither does gold. We ate a delicious meal during the latest fall, now it’s time to rest a little.
In this article: GDX, GDXJ, GLD, SLV
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EUR/USD Defends March Low Despite Slew Of Hawkish Fed Rhetoric
Article By: David Song
Thursday, August 12, 2021 11:19 AM EDT
The IG Client Sentiment Report shows 67.80% of traders are currently net-long EUR/USD, with the ratio of traders long to short standing at 2.11 to 1.
In this article: FXE, UUP
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Weekly Unemployment Claims: Down 12K
Article By: Jill Mislinski
Thursday, August 12, 2021 11:10 AM EDT
This morning's seasonally adjusted 375K new claims, down 12K from the previous week's revised figure.
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Biden Says $3.5T Spending Plan Won't Stoke Inflation
Article By: Tyler Durden
Thursday, August 12, 2021 11:00 AM EDT
President Biden claims that the Democrats' $3.5 trillion spending plan won't trigger inflation - a key objection from Republicans.
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As Pressure On The Fed To Act Grows…
Article By: Monica Kingsley
Thursday, August 12, 2021 10:48 AM EDT
CPI banished the specter of rising inflation to the markets, coming in not too hot, not too cold.
In this article: HYG, NDX, SPX, GLD, JJC (RETIRED), OIL, SLV, XOI, BITCOMP, TLT
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July Consumer Inflation: The Spike Subsides Somewhat, But We Are Close To The Limit Of “Transitory”
Article By: New Deal Democrat
Thursday, August 12, 2021 10:39 AM EDT
While YoY inflation was 5.3%, typically it has not been a concern unless inflation ex-gas has been in excess of 3.0%.
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Code Red On "Climate Change" & How Weather Extremes Are Affecting Commodities
Video By: James Roemer
Thursday, August 12, 2021 10:30 AM EDT
Jim Roemer talks about how the South American drought and frosts created trading opportunities in coffee and sugar and how weather created the recent bullish move in natural gas and wheat.
In this video: N Also: N, JO (RETIRED), BOIL, CANE, CO, CORN, KOLD, SOYB, WEAT, DBA, GLD, NIB (RETIRED), SLV, UNG, SGG (RETIRED)
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How Do Baidu's Q2 Numbers Stack Up Against Google?
Article By: Benzinga
Thursday, August 12, 2021 10:20 AM EDT
Baidu, Inc reported second-quarter FY21 revenue growth of 20% year-on-year to $4.86 billion, beating the analyst consensus of $4.78 billion.
In this article: BIDU Also: GOOG, GOOGL
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Employment Looking Better But Labor Market Will Remain Tight
Article By: Bill Conerly
Thursday, August 12, 2021 10:17 AM EDT
Employment looks much better in the latest jobs report. Employers were able to hire and the unemployment rate dropped.
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Morgan Stanley Cuts Micron To Equal Weight, Says 'Winter Is Coming' In Memory
Article By: The Fly
Thursday, August 12, 2021 10:06 AM EDT
Morgan Stanley analyst Joseph Moore downgraded Micron to Equal Weight from Overweight with a price target of $75, down from $105, in a team note on the Global Semiconductor industry titled "Memory - Winter Is Coming."
In this article: MU
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