Good Morning. Thereâs a good reason why gold and silver are moving. All of the talk about Federal..
[Trading Tips]
Good morning. Thereâs a good reason why gold and silver are moving. All of the talk about Federal stimulus and mounting fiscal deficits is a clear sign of two things: the weakness of the recovery and the desire to inflate. The Federal Reserve stands at the ready for more QE and COVID policies will keep inflation in check. With silverâs undervaluation to gold, itâs like a breeding ground for a resurgence in precious metals.
Now hereâs the rest of the news:
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MARKETS
DOW 27,005.84 +0.62%
S&P 3,276.08 +0.58%
NASDAQ 10,706.13 +0.24%
*As of market close
⢠Stocks rose on Wednesday, as stimulus becomes the order of the day for equities
⢠Oil fell 0.21%, as oil inventories build.
⢠Gold rose 1.27%, as the U.S. dollar fueled precious metals gains.
⢠Cryptocurrencies traded higher, with Bitcoin trading 0.32% higher, closing at $9420.
Todayâs TOP TIPS
[7 High Beta Discretionary Names for Another Bullish Run](
Over the past two weeks, there has been a potential shift in the leadership in the market. The shift has favored value stocks over growth stocks. This can be reflected by the outperformance in the Dow and S&P 500 over the Nasdaq 100. As we enter earnings season, who will assume the leadership role. Certainly, the largest of the mega caps have to participate to some degree, but more volatile Consumer Discretionary companies that are heavily discounted with high short interest may be âsqueezedâ into the lead.
» [FULL STORY](
[Option Traders See a Golden Future for Silver: iShares Silver Trust ETF (NYSEARCA: SLV)](
If you havenât been following the precious metals market, youâve been missing out as gold and silver have been rocketing higher this week. Silver finished Wednesday over 8% higher and gold finishing nearly 1.5% higher. Many times, traders look at the movement and think that theyâve missed it and may even want to short it. Wednesdayâs option activity was definitely skewed more bullish.
» [FULL STORY](
[Largest Fund Holder Just Reduced Holdings by 20%: Ping Identity Holding Corp Stock (NYSE: PING)](
Ping Identity Holding Corp (NYSE: PING) is a global enterprise level intelligent identity solutions company. The company on July 8 announced a follow-on offering of 8.9 million shares at a $32 share price. The offering was from existing shareholders desiring to sell the stock and doesnât dilute the shares. The large shareholder wanting to sell its shares was Vista Equity partners, a 10% owner in the company and the largest single shareholder.
» [FULL STORY](
IN OTHER NEWS
â¢
[Stock market news live updates: Stocks mostly higher despite US-China tensions; Pfizer leads Dow higher](
â¢
[Dow books first close above 27,000 in 6 weeks as investors set to parse Tesla, Microsoft quarterly results](
â¢
[U.S. oil futures end little changed, pressured by the rise in U.S. supplies, but supported by dollar weakness](
â¢
[Fear factor: Investors rush into gold and other havens as stocks near highs](
â¢
[PRECIOUS-Gold rallies on Sino-U.S. woes, silver soars to 7-year peak](
⢠[Teslaâs Stock Diverges From How Earnings Consensus Has Trended](
â¢
[Apple digs in over its App Store fees](
â¢
[TREASURIES-Underwhelming 20-year bond auction brings long yields off session lows](
⢠[Visa, Microsoft, Pfizer top list of most profitable companies in coronavirus](
â¢
[Microsoft reports record revenue to wrap up a record-breaking fiscal year](
S&P 500 MOVERS
TOP
HCA 11.973%
NVR 10.682%
AMD 8.404%
BBY 7.842%
UHS 5.798%
BOTTOM
FE 20.905%
NTRS 5.274%
M 5%
UAL 4.233%
WYNN 3.902%
Quote of the Day
The attention of equities right now is on what another stimulus bill will look like and the underlying health of the economy in terms of employment and housing.
- Willie Delwiche, investment strategist at Baird, quoted by Reuters
Sponsored Content
[You Could Make 843% in Your Sleep From 24-Hour Trades](
The disgusting TRUTH that allows investors to collect 24-hour windfalls right under the noses of ordinary Americans.
But a Florida man in his 30âs just âhackedâ an [institutional level scanner.](
There are reports of massive gains like the 1,360% just earned on KHC.
YOU could tap into these 24-hour windfalls and earn up to 843% per trade.
This mysterious trading signal could âmarket proofâ your trade.
And all from just [3 clicks of a button.](
Lance says thereâs even ONE specific trade on his radar now.
[Click HERE to see the next trade the âBlitz Trackerâ is after (that could pay you in 24 hours)](
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