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Market Talk – Thursday, August 22
Article By: Martin Armstrong
Thursday, August 22, 2019 6:00 PM EDT
America’s labor growth is strong, but not as strong as previous data suggested. The Labor Department adjusted their original payroll data from April 2018 through March 2019.
In this article: FXE, AAXJ, CNY, FXA, FXB, OIL, UUP, INDA, NDX, SPX, DAX
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Globant Stock Is Positioned For Attractive Returns
Article By: Andres Cardenal
Thursday, August 22, 2019 5:55 PM EDT
The stock can be volatile in the short term, but the business fundamentals are clearly evolving well, and the stock is reasonably valued at current prices.
In this article: GLOB
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Gap Reports Q2 Earnings Beat, Reaffirms Guidance
Article By: Benzinga
Thursday, August 22, 2019 5:50 PM EDT
Adjusted earnings came in at 63 cents per share, beating estimates by 10 cents. Sales came in at $4 billion, missing estimates by $20 million.
In this article: GPS
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Getting Ready For The Breakout Volatility Friday
Video By: TheoTrade
Thursday, August 22, 2019 5:44 PM EDT
Are you ready for some volatility? The Federal Reserve will announce its annual meeting policy information and that could be a catalyst for a big move across all markets.
In this video: IEF, SPX, GLD, OIL
Watch
Precious Metals Report - Thursday, August 22
Video By: Ira Epstein
Thursday, August 22, 2019 5:36 PM EDT
A review of today's commodities market.
In this video: PALL, GDX, GLD, JJC (RETIRED), PPLT, SLV, UUP
Watch
Curve Inverts As Traders Brace For J-Hole Surprise; Boeing Propels Dow Higher
Article By: Tyler Durden
Thursday, August 22, 2019 5:30 PM EDT
In what was mostly a very quiet day, with traders refusing to trade in size ahead of tomorrow's main event, J-Powell's J-Hole speech, we got a glimpse of what will happen if the Fed chair disappoints the market's expectations.
In this article: VIX Also: ITB, XLE, NDX, SPX, FXB, BA, FXE
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HP Inc Falls After Q3 Earnings; CEO To Step Down
Article By: Benzinga
Thursday, August 22, 2019 5:18 PM EDT
Earnings came in at 58 cents per share, beating estimates by 3 cents. Sales came in at $14.6 billion, missing estimates by $20 million.
In this article: HPQ
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Fed Baby Steps Coming: What's Powell Up To?
Article By: Mish Shedlock
Thursday, August 22, 2019 5:12 PM EDT
The odds of a double rate cut in September plunged from 40% recently to 31% last week then to 0% today.
In this article: IEF, TYX, FVX
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Gold Price Forecast: Rally To Receive Boost From Massive ETF Holdings
Article By: DailyFX
Thursday, August 22, 2019 5:00 PM EDT
Total holdings of gold and silver have exploded in 2019 as investors grasp for safety amid slowing global growth, trade war uncertainty and a multitude of recessionary warning signs.
In this article: GLD, SLV
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S&P 500 Stocks Breaking Out
Article By: Bespoke Investment Group
Thursday, August 22, 2019 4:54 PM EDT
A highlight of some recent breakouts or potential breakouts of the individual stocks within the S&P 500 index.
In this article: ACN, CE, DUK, HD, TSN, XEL, ANSS, KLAC, QCOM, NCLH, AEE, AEP, SRE
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Stocks And Precious Metals Charts - Waiting For Godot In Jackson Hole
Article By: Jesse's Cafe Americain
Thursday, August 22, 2019 4:48 PM EDT
The markets are waiting to see what Jay Powell is going to be saying at Jackson Hole.
In this article: GLD, SLV, UUP, NDX, SPX, VIX
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Salesforce Stock Jumps On Q2 Beat, Higher Full-Year Revenue Guidance
Article By: Benzinga
Thursday, August 22, 2019 4:42 PM EDT
Software company salesforce.com, inc. posted second-quarter revenue of $4 billion, beating a $3.95-billion Street estimate, and EPS of 66 cents, 19 cents ahead of the consensus estimate.
In this article: CRM Also: DATA
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Hot Options Report For End Of Day - Thursday, August 22
Article By: The Options Insider
Thursday, August 22, 2019 4:36 PM EDT
Top tickers for end of day: GLW, AAPL, BAC, BBBY, GPS, MO, SNAP.
In this article: BAC, GLW, GPS, MO, AAPL, BBBY, SNAP
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Euro Outlook & The Fed Is Sending An Interesting Message
Article By: Kathy Lien
Thursday, August 22, 2019 4:24 PM EDT
No one is buying euros because they are worried about the political situation in Italy, the possibility of a recession in Germany, the prospect of aggressive easing from the European Central Bank and the ongoing risk of more tariffs from the US.
In this article: FXE, UUP
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Tariffs To Hurt Consumers More Than The Tax Cuts Helped Them
Article By: TheoTrade
Thursday, August 22, 2019 4:12 PM EDT
Redbook same-store sales growth in the week of August 17th was 4.9% which was a jump from 4.4%. This means August’s retail sales growth is tracking at a slightly lower, but still strong pace, as compared to July.
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Asia Week Ahead: Will India’s 2Q GDP Validate Rapid Rate Cuts?
Article By: ING Economics
Thursday, August 22, 2019 4:00 PM EDT
July industrial production releases crowd next week’s Asian economic calendar, though India’s 2Q GDP and Korea’s central bank policy will steal the focus.
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