Harris Or Trump – Defense Stocks Are Winning, Tech Battle, Personal Income Drops, Trump Crypto Push

The market is reaching a consensus that defense stocks are winners irrespective of Trump or Harris winning the election. The consensus is that defense spending is going to go up irrespective of who wins. Trump is good for small caps but Harris is not. The new personal income and spending data for the U.S. Is expected to be positive.

Fed's Favorite Inflation Gauge Falls To 2.5%, Lowest Since February 2021, But Core Remains Sticky: 10 ETFs To Monitor Thursday

U.S. PCE price index falls to 2.5% year-on-year in June, as expected. The Bureau of Economic Analysis also reported lower-than-expected monthly increases in personal spending and personal income. The latest Fed's favorite inflation report showed mixed results for market participants.

Why to Add Safe Haven ETFs to Your Portfolio?

Commodity Roundup: UBS's Marcelli sees higher prices ahead despite demand concerns

The Glitter Of Gold And What Drives Its Price

AI Frenzy Cools, Yen Hammers Gold And Bitcoin, First Ever Joint Air Threat From Russia And China

Stronger than expected Q2 GDP data is bringing buying into the stock market. The yen is experiencing a stunning rise against the U.S. Dollar. The Arora Report says investors should not buy on strong GDP data as it is a lagging indicator. The Japanese yen is hammering gold, bitcoin, and oil.

Surprise Q2 GDP Growth, Inflation Eases — 'Economy Is Much Stronger Than People Realize': 7 ETFs On The Move

U.S. Gross domestic product grew 2.8% in the second quarter, surpassing the 2% estimate. Inflation pressures eased to 2.6%. U.S equity futures turned positive following the GDP report, reflecting a resurgence in risk sentiment. In the secondquarter, the U.s. Saw a robust real growth of 2.7%.

Commodity Roundup: Gold, oil fall as investors turn cautious ahead of U.S. economic data

Morgan Stanley analysts see positive Gold outlook by 4Q2024

Commodities Morgan Stanley analysts see positive Gold outlook by 4Q2024. Gold is up 50% from the 2022 lows and up 25% since mid-February. Physical selling of gold has driven the metal up. Morgan Stanley U.S. Economists believe the Fed cutting cycle will begin in September.

GDP Q2 Preview: 5 ETFs To Monitor Thursday As Economic Data Unfolds

U.S. Economy is expected to grow by 2% in the second quarter of 2024. The advance estimates for second quarter’s gross domestic product will be released on Thursday. The Atlanta Fed has raised its second-quarter real GDP growth forecast to 2.7%. The first-quarter GDP grew at 1.4% in 2024.

3 Gold ETFs That Could Surge Higher on a September Rate Cut

Gold and silver prices are up 15% since the beginning of the year. The precious metal has hit an all-time high of $2,481 per ounce. The Federal Reserve is expected to cut interest rates in September. Three funds offer unique strategies to ride the potential upside of gold and silver.

Electric Vehicles Win The Battle With Humanoid Robots And Robotaxis, The Economy Contracts In Germany

Tesla Inc (NASDAQ:TSLA) stock fell after earnings. The movement in TSLA stock plays a big role in speculative sentiment. Speculative sentiment is taking a hit in the early trade as Tesla stock falls. Investors can gain an edge by knowing when smart money is buying stocks, gold and oil.

The Myth Of Central Bank Gold Buying

Gold recently surged to a new all-time high of $2,488 and 47% since October 2022. Central bank buying of gold has been cited as a key reason for the rally. Data shows their purchases have had a negligible impact on the market. Central banks have not proven to be smart money with respect to gold's direction.

Has An Age-Old Relationship Changed?

Commodity Roundup: India slashes import tax on gold and silver; copper extends slump

Battle Of Humanoid Robots And Robotaxis Vs. Electric Vehicles, Trump Rumor To Drive Bitcoin To The Moon

Tesla will release earnings after the close today. The battle of humanoid robots and robotaxis vs. Electric vehicles will be the major determinant of the stock after Tesla’s earnings release. Money flows are positive in Tesla Inc (NASDAQ:TSLA) in the early trade. 25% of S&P 500 companies are reporting earnings this week.

Are There Canadian Market Opportunities Hiding In Plain Sight?

Michael O'Brien, Managing Director and Head of the Core Canadian Equity Team at TD Asset Management says some Canadian stocks may be ripe for the picking. He says the Canadian market has been overshadowed by the excitement around AI and tech stocks. O’Brien says Canadian stocks are having a solid year and are not overvalued.

The Top We Strike Could Be A Very Long Term Market Top - Avi Gilburt

China's Third Plenum Provides Little Support To Metals

SPDR Gold Steady to Start Week -- Market Talk