Content
Silver’s Three Legged Bull-Run Stool
Article By:
David H. Smith
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Wednesday, October 30, 2019 11:57 AM EDT
A case can be made that silver's current price “stability” – believed by many to be well below where it "should" be – is the result of at least three interlocking factors.
In this article: SLV
Investors Should Be Scared
Article By:
Monty Pelerin
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Wednesday, October 30, 2019 11:53 AM EDT
Optimism based on the Federal Reserve lowering interest rates or administering more QE may provide some with comfort, but it should not.
Taking The Discretion Out Of Factor Selection: The S&P Economic Cycle Factor Rotator Index
Article By:
S&P Dow Jones Indices
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Wednesday, October 30, 2019 11:48 AM EDT
Amid the turbulent markets of 2019, the S&P Economic Cycle Factor Rotator Index has been holding steady. Despite the market-wide sell-off at the end of 2018, the index has recovered most of the lost value throughout 2019.
In this article: SPX
3rd-Quarter Real GDP Rises 1.9%, Near Top Of Consensus Range
Article By:
Mish Shedlock
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Wednesday, October 30, 2019 11:44 AM EDT
The BEA reported real GDP rose 1.9% for the quarter in a consensus range of 1.2% to 2.0%.
Cannabis 2.0: Canopy Growth Introduces 16 New Ways To Get High - Stock Remains Subdued
Article By:
Lorimer Wilson
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Wednesday, October 30, 2019 11:39 AM EDT
Canopy Growth unveiled a list of 16 new marijuana-infused drink and edible products yesterday (Tuesday) as its initial foray into the Canadian Cannabis 2.0 marketplace.
Attractive Market Opportunities
Article By:
David Vomund
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Wednesday, October 30, 2019 11:34 AM EDT
Investors can buy the market as it hits new highs using passive mutual funds or ETFs, or if they don’t want to chase strength they can look to the healthcare sector. There are opportunities for investors, both to buy breakouts and buy laggards.
WTI Tumbles On Bigger Than Expected Crude Build
Article By:
Tyler Durden
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Wednesday, October 30, 2019 11:23 AM EDT
Oil prices are lower this morning following API's reported build at Cushing and not sustainably helped by stronger than expected US GDP data.
In this article: OIL
Small Caps Push Higher; GOOGL Weighs On Nasdaq
Article By:
Joshua Hayes
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Wednesday, October 30, 2019 11:17 AM EDT
A solid day of gains for small cap stocks as measured by IWM, but QQQ stumbles after GOOGL falls post-earnings. Volume was mixed on the session with Nasdaq volume ending lower while NYSE inched higher.
BEA Reports That Third Quarter 2019 GDP Grew At A 1.93% Rate
Article By:
Rick Davis
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Wednesday, October 30, 2019 11:12 AM EDT
In their first (preliminary) estimate of the US GDP for the third quarter of 2019, the Bureau of Economic Analysis reported that the US economy was growing at a +1.93% annual rate, down -0.08 percentage points (pp) from the prior quarter.
S&P 500 Index Testing 11-Year Fibonacci Breakout Level
Article By:
Chris Kimble
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Wednesday, October 30, 2019 11:07 AM EDT
Stock market bulls are cheering for a breakout, while bears are looking for a pullback off resistance.
In this article: SPX
French Domestic Demand Remains Strong
Article By:
ING Economics
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Wednesday, October 30, 2019 11:02 AM EDT
In France, GDP growth (0.26% quarter-on-quarter) was disappointing in 3Q19. The rebound in private consumption was not entirely on track, but business investments continued their upward trajectory.
Losing A Day
Article By:
Mati Greenspan
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Wednesday, October 30, 2019 10:57 AM EDT
With the US stock markets near all-time highs, unemployment near all-time lows, and inflation more or less stable it’s difficult to see why the Fed would need to be cutting rates so rapidly.
In this article: BITCOMP
Warning! No Lifeguards On Duty
Article By:
Michael Lebowitz
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Wednesday, October 30, 2019 10:52 AM EDT
Today, similar to the months leading up to the Financial Crisis, irrational behavioral biases are the mindset of the market.
Guidance Trends Lower
Article By:
Bespoke Investment Group
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Wednesday, October 30, 2019 10:48 AM EDT
The guidance spread completely tanked in the first quarter of 2019 before stabilizing and rallying back during the summer.
October 2019 ADP Job Growth Is 125,000
Article By:
Steven Hansen
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Wednesday, October 30, 2019 10:42 AM EDT
ADP reported non-farm private jobs growth at 125,000 which was within expectations.