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Hang Seng Index: Bulls Stumble On Recent Gains As Global Risk Appetite Recedes
Article By: DailyFX
Thursday, June 11, 2020 6:30 PM EDT
Global risk appetite is receding, allowing bears to wreck recent gains in the Hang Seng. Future price direction appears susceptible to broader macro themes.
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Precious Metals Report For Thursday, June 11
Video By: Ira Epstein
Thursday, June 11, 2020 6:21 PM EDT
Reviewing the day's trading in the metal markets.
In this video: PALL, GDX, GLD, JJC (RETIRED), PPLT, SLV
Watch
Markets Snap Back Hard To Gravity
Video By: TheoTrade
Thursday, June 11, 2020 5:52 PM EDT
Stocks across the board - in fact, all 500 S&P 500 index components - were negative today with most losing over 5%.
In this video: DAL, HTZZ, UAL, IWM, TLT, XLE, XLF, XLK, XLY, NDX, SPX, VIX, DJI
Watch
Stocks And Precious Metals Charts - And No One Could Have Seen It Coming
Article By: Jesse's Cafe Americain
Thursday, June 11, 2020 5:38 PM EDT
Gold and silver were sold off as liquidation was the general rule of the day.
In this article: GLD, SLV, UUP, NDX, SPX, VIX
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Recap: Adobe Q2 Earnings
Article By: Benzinga
Thursday, June 11, 2020 5:24 PM EDT
Earnings per share were up 33.88% year over year to $2.45, which beat the estimate of $2.33.
In this article: ADBE
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Market Talk – Thursday, June 11
Article By: Martin Armstrong
Thursday, June 11, 2020 5:10 PM EDT
India’s fuel demand nearly doubled in May from the previous month as the country eased coronavirus-led restrictions, Oil Ministry data showed on Wednesday, signaling a slow revival of economic activity.
In this article: AAXJ, FXB, FXY, OIL, UUP, MRNA, INDA, NDX, SPX, DJI, DAX
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Dave & Buster's (PLAY) Reports Q1 Loss, Lags Revenue Estimates
Article By: Zacks Investment Research
Thursday, June 11, 2020 5:07 PM EDT
Dave & Buster's came out with a quarterly loss of $1.37 per share versus the Zacks Consensus Estimate of a loss of $0.79.
In this article: PLAY
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Short-Term Forecast For Thursday, June 11
Article By: Jason M
Thursday, June 11, 2020 4:52 PM EDT
The S&P 500 index closed sharply lower today, retreating further from recent highs of the uptrend from March. Technical indicators are neutral overall, suggesting that direction is in question.
In this article: SPX
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Lululemon Reports Q1 Earnings Miss
Article By: Benzinga
Thursday, June 11, 2020 4:39 PM EDT
Lululemon Athletica reported quarterly earnings of 22 cents per share, which missed the analyst consensus estimate of 25 cents by 12%.
In this article: LULU
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Gold Price Outlook: Gold Grapples At Fibonacci Resistance...Again
Article By: DailyFX
Thursday, June 11, 2020 4:28 PM EDT
Since setting a fresh seven-year-high in May, Gold prices have shown back-and-forth price action with little discernible long-term bias.
In this article: GLD
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Stocks Crash, Euro Cracks & Risk Currencies Tumble
Article By: Kathy Lien
Thursday, June 11, 2020 4:14 PM EDT
US stocks sold off for the third day in a row and today’s losses were the sharpest. The Dow Jones Industrial Average tumbled 6.9% or 1,800 points the biggest one day drop in 3 months.
In this article: FXA, FXC, FXF, FXY, UUP, DJI, FXE, FXB
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Lingering Strains In The US Jobs Market
Article By: ING Economics
Thursday, June 11, 2020 4:00 PM EDT
This week’s jobless claims numbers provide a bit of a mixed picture of what is happening in the jobs market.
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May 2020 Producer Price Final Demand Year-over-Year Growth Remains In Contraction
Article By: Steven Hansen
Thursday, June 11, 2020 3:30 PM EDT
The Producer Price Index (PPI) year-over-year inflation grew from -1.2 % to -0.8 %.
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Bulls Coming Back In Favor
Article By: Bespoke Investment Group
Thursday, June 11, 2020 3:01 PM EDT
Although the weekly sentiment survey would not have captured equities’ sharp decline today, bullish sentiment through AAII’s weekly survey was lower by 0.27 percentage points to 34.28% this week.
In this article: SPX
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Dow Dumps $1500 As Pool Of Greater Fools Runs Out
Article By: Mish Shedlock
Thursday, June 11, 2020 2:50 PM EDT
The Fed is a serial asset bubble blower with huge long-term consequences. Don't blame day-to-day things for bubbles the Fed fostered for decades.
In this article: DJI
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Time To Hedge Tesla
Article By: David Pinsen
Thursday, June 11, 2020 2:39 PM EDT
It's time to hedge Tesla again. Here's how.
In this article: TSLA
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