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Can US ISM Manufacturing PMI Bring Back Market Optimism?
Article By: Orbex
Monday, August 2, 2021 11:01 AM EDT
Manufacturing PMI has been slipping since hitting a post-pandemic high in April. Taken in conjunction with the cautious optimism of corporate CEOs, a slight improvement in PMI might be enough to push risk sentiment into the positive.
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Good Assets To Profit On Now
Article By: Monica Kingsley
Monday, August 2, 2021 10:40 AM EDT
As volatility looks to be picking up, expect quite a few buying opportunities in the days and weeks ahead.
In this article: HYG, LQD, TLT, USO, XLK, NDX, SPX, VIX, HUI Also: COPX, CPER, GLD, SLV, BITCOMP
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Void If Vague
Article By: Scott Sumner
Monday, August 2, 2021 10:20 AM EDT
Should companies obey the law as it existed at the time they made decisions on company policy, or should they look into crystal balls and attempt to obey the law as it will be reinterpreted by unelected future bureaucrats?
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Euro Still Holds A Strong Position
Article By: Dmitriy Gurkovskiy
Monday, August 2, 2021 10:14 AM EDT
The major currency pair is stable at the beginning of August, growing slightly. EUR/USD is rising to 1.1870.
In this article: FXE, UUP
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The Canadian Cannabis Report - Monday, Aug. 2
Article By: James Coleman
Monday, August 2, 2021 10:00 AM EDT
The past, present and future of the Canadian cannabis sector based on the performance of our proprietary index of 23 stocks.
In this article: HEXO, VLNCF Also: MJ, THCX, CNBS
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Some Jaw-Droppers From The CBO
Article By: Tim Knight
Monday, August 2, 2021 9:45 AM EDT
Federal debt held by the public is projected to equal 202 percent of gross domestic product (GDP) in 2051, and the deficit is projected to equal 13 percent of GDP.
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S&P 500 Technical Analysis For Monday, Aug. 2
Video By: Peter Mathers
Monday, August 2, 2021 9:29 AM EDT
The 4400 as support is required, then 4430 as tested support as this will cut any ties with the 4400 and send the market to 4500 the next level.
In this video: SPX Also: AAPL, AMZN, GOOG, TSLA, META, SQ
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How Professional Traders Are Playing The Next Round Of The COVID-19 Crisis
Article By: Graham Summers
Monday, August 2, 2021 9:14 AM EDT
For investors, given the market impact of another round of shutdowns, the wisest move is to ignore all the news and focus on price levels. Put another way, don’t try to be psychic… let the market show you what’s going on.
In this article: SPY, SPX
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Major Asset Classes - July 2021 - Performance Review
Article By: James Picerno
Monday, August 2, 2021 9:07 AM EDT
Most of the major asset classes continued to rise in July, led by US real estate investment trusts (REITs). Only stocks in emerging markets lost ground last month.
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GBPJPY Has Cycle Wave Y Ended?
Article By: Orbex
Monday, August 2, 2021 8:55 AM EDT
The formation of the GBPJPY currency pair suggests the development of the final part of the cycle wave Y. This wave takes the form of a double zigzag consisting of primary degree sub-waves Ⓦ-Ⓧ-Ⓨ. The last wave Ⓨ is currently under development.
In this article: FXB, FXY
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Appropriate Response
Article By: Phil Flynn
Monday, August 2, 2021 8:49 AM EDT
Oil prices are pulling back a bit this Monday morning on questions about what is an appropriate response to the alleged drone attack on an Israeli ship by Iran and the appropriate response to the delta variant of the COVID-19 virus.
In this article: UGA, UNG
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The U.S. Remained The World’s Top Oil Producer In 2020
Article By: Robert Rapier
Monday, August 2, 2021 8:41 AM EDT
The United States remains the world’s top oil consumer, averaging 17.2 million BPD in 2020. China was second at 14.2 million BPD, and was the only country in the Top 10 to report an increase in oil consumption in 2020.
In this article: OIL
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Can Bloated U.S. Large Caps Make Room For Small Caps?
Article By: WisdomTree
Monday, August 2, 2021 8:23 AM EDT
Over the last few weeks, U.S. equities have staged a reversal within the very markets that have been this year’s most reliable trade.
In this article: SPY, SPX, IWM
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Intraday Market Analysis – Euro Gains Momentum
Article By: Orbex
Monday, August 2, 2021 8:04 AM EDT
The Canadian dollar rallies as Canada’s GDP showed a smaller contraction in May. The US dollar’s break below 1.2430, indicates that sentiment still favors its northern neighbor. Silver extends the rally as the US dollar weakens across the board.
In this article: FXE, FXC, SLV, UDN
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SafeMoon/USD: To The Moon Or A Future Explosion Of Debris?
Article By: Daily Forex
Monday, August 2, 2021 7:49 AM EDT
SafeMoon/USD is another ‘new’ cryptocurrency coin which began trading in March and has enjoyed speculative results.
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Scholastic Corporation - A Fair Value Report
Article By: Scott Waxler
Monday, August 2, 2021 7:30 AM EDT
Is Scholastic a family investment?
In this article: SCHL Also: PSORF, HMHC
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