Content
Europe Points Lower As Second Wave Fears Increase
Article By:
Fiona Cincotta
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Monday, June 22, 2020 4:50 AM EDT
European bourses are pointing to a weaker start as fears of rising coronavirus cases drag on sentiment.
SPX Targets
Article By:
Candy Matheson
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Monday, June 22, 2020 4:35 AM EDT
The SPX closed on Friday just above the upper-most moving average of the Alligator.
In this article: SPX
WTI Crude Oil Forecast: Reaching Towards The Top Of Gap
Article By:
Christopher Lewis
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Monday, June 22, 2020 4:28 AM EDT
The West Texas Intermediate Crude Oil market looks as if it is trying to rally towards the $41 level, which is the top of the gap.
In this article: OIL
China Keeps Loan Prime Rates Unchanged For Another Month, Sparking Confusion Over Beijing's Intentions
Article By:
Tyler Durden
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Monday, June 22, 2020 4:09 AM EDT
One month after unexpectedly keeping its 1 and 5-year Loan Prime Rates unchanged at 3.85% and 4.65% respectively following the April 19 rate cut, Beijing did it again and kept China's so-called Libor flat.
Bearish Finish To Week
Article By:
Declan Fallon
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Monday, June 22, 2020 3:49 AM EDT
Bulls weren't able to close out the week on a high as Friday's candlestick was a mix of a bearish engulfing pattern or black candlestick. In the case of the Nasdaq, the gap closed but the 'bull trap' remains unchallenged.
Crypto Markets: Bitcoin Poised For Sustained Bounce
Article By:
Richard Cox
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Monday, June 22, 2020 3:40 AM EDT
Cryptocurrency markets have shown evidence of relative strength when compared to the recent performances of most other major asset classes.
Altbet.io: A New Way To Bet In A Secure And Transparent Environment
Article By:
Crypto Adventure
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Monday, June 22, 2020 3:39 AM EDT
Thanks to technological advancements, the gambling industry has survived several generations to become one of the most profitable and fastest-growing sectors. The internet revolution was a major turning point for the industry.
Health Insurance Dysfunction
Article By:
Roger Nusbaum
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Monday, June 22, 2020 3:05 AM EDT
Someone who bought a house ten years ago factoring $500/mo for health insurance to determine how much house they could afford might be in real trouble today having to pay $1500 or $2000 every month for health insurance.
A Stealth Double Dip Or Bear Market Has Started
Article By:
Chris Vermeulen
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Monday, June 22, 2020 2:07 AM EDT
The stock market has gone through many cycles since the 2000 tech bubble. The tech bubble was the last significant time the stock market’s popularity among individuals piqued their interest in such a big way similar to what we see now in the markets.
China: Rate Cut On Hold Even As COVID-19 Cases Have Increased
Article By:
ING Economics
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Monday, June 22, 2020 1:51 AM EDT
China's central bank, PBoC, has kept interest rates on hold. The decision came in the middle of an increase of COVID-19 cases. Central bank easing may be saved for later.
In this article: CYB
Money-Market Funds Drop But Fail To Move Into Equities, Even As S&P 500 Suffers Technical Setback
Article By:
Paban Pandey
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Monday, June 22, 2020 1:44 AM EDT
In the last few weeks, money has moved out of money-market funds which ballooned to just under $5 trillion, but not into stocks. Equity bulls are hoping the so-called cash-on-the-sidelines will find a home in stocks.
Right Now There Is A “Mad Rush” To Get Out Of The Cities
Article By:
Michael Snyder
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Monday, June 22, 2020 1:30 AM EDT
So many wealthy people are rushing to move away from the big cities that it is creating a bit of a “real estate boom” in many suburban areas, small towns and rural communities.
Economic Data Forecasts For The Weeks Of June 22 And 29
Article By:
Peter Morici
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Monday, June 22, 2020 1:30 AM EDT
My projections for upcoming data, including some big changes to the various manufacturing indices.