Market News Money Market Funds 

Money Market Funds Foretell Punishing Reversal for Stocks Mirroring 2008 Financial Crisis

The Dow and broader U.S. stock market are surging once again after the United States and China secured a partial trade deal that avoids the escalation of further hostilities between the two superpowers. For all the hype surrounding “phase one” trade agreement, the U.S. and China remain far apart on most of the hotly debated issues that have prolonged the tariff war for the past 15 months. If we follow the money, we can quickly see that investors are preparing for the worst. Activity in one segment of the financial…

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Halloween Hershey Market News Tootsie Roll 

Three Candy Stocks With Breakout Potential Ahead of Halloween

Investors on the prowl for a dividend-paying income stock in a company with a respected brand, solid management and strong fundamentals needn’t look any further than what Halloween has to offer. These three candy stocks might make a welcomed addition to your stock portfolio just in time for the holiday: The Hershey Company, Tootsie Roll Industries, and Rocky Mountain Chocolate Factory. 1. One Hot Candy Stock: The Hershey Company (NYSE: HSY) On Jun. 12, Jim Cramer said: “The company’s relatively new management team has been executing a very smart turn around…

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Art Cashin david rosenberg Donald Trump josh brown Market News 

Trump Defends China Trade Pact as ‘Greatest & Biggest Deal Ever’

It’s only been one day since the US and China struck a partial trade agreement that President Donald Trump said was “phase one” of the larger trade deal that he has long teased, and Wall Street is already beginning to have its doubts. ‘The Greatest and Biggest Deal Ever Made’ Now unexpectedly on the defensive, Trump took to Twitter this morning to brag about the merits of the trade agreement, which he boasts is the “greatest and biggest deal ever made,” at least for one group: US farmers. “The deal…

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Dow Jones Market News Trade War 

Dow Futures Wobble as U.S.-China Trade War Escalates Ahead of Critical Talks

Futures on the Dow Jones Industrial Average (DJIA) posted narrow gains in aftermarket trading Wednesday, as the threat of an escalating trade war between the United States and China continued to weigh. Dow Futures Rise; S&P 500, Nasdaq Follow Futures contracts on all three major U.S. indexes rose slightly in overnight trading, with the Dow Jones mini climbing 57 points, or 0.2%. S&P 500 futures added 0.3% and the Nasdaq 100 contract climbed 0.3%. Dow Jones futures point to modest open for U.S. stocks on Wednesday. | Chart: Bloomberg Equities…

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Market News recession 

‘Definitely Not a Recession’ says Economist Stocks Plow Through Slump

According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are actually more likely to be discounting more easing, but definitely not a recession,” he said. Calls for a full-blown correction intensified in recent months as the U.S. manufacturing sector entered into a recession due to a build up of surplus and the lack of progress in the trade talks with…

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Market News Opinion S&P 500 tom lee 

Weak US Economy Flashes ‘Risk On’ Signal for Stock Market Bulls

The S&P 500 extended its recovery on Friday, adding to Thursday’s solid bounce following an intense two-day stock market correction. The bullish price action prompted many traders to predict that the market’s bellwether index had already bottomed out. A professional trader believes that the SPX is bound to rally soon | Source: Twitter These traders are not alone in their optimistic outlook. Fundstrat co-founder Thomas Lee remains mighty bullish on the stock market. He believes that the S&P 500 will print new highs despite faltering economic data published earlier in…

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Dow Jones Market News Op-ed S&P 500 

This Dow Rebound Is Just Another Step Towards the Big Crash

The media and stock market analysts are all aflutter today following the stock market’s dramatic rebound. Thirty minutes after today’s open, the Dow cratered 300 points in a matter of minutes, only then claw its way back and finish up 122 points. The stock market has been caught in a trading range for a number of months, as news oscillates between bullish and bearish. On the one hand, the market is jittery about the ongoing trade war with China, the cratering of the manufacturing index, and the threat of presidential…

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Gold Price Market News United States 

Gold Price Attracts More Bids as U.S. Services Downturn Adds to Recession Fears

The price of gold rallied Thursday, extending its winning streak to three days after another batch of soft data sparked a fresh wave of haven buying in the market. Gold Extends Rally December gold futures climbed all the way to a session high of $1,525.80 a troy ounce on the Comex division of the New York Mercantile Exchange. That would have marked the highest settlement since Sept. 24. Bullion was last seen hovering at $1,513.00 a troy ounce, having gained $5.00, or 0.3%. December gold futures continue to rise on…

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gold Market News 

Global Stocks Slump as Analysts Forecast 30% Gold Rally in 2020

As global stocks continue to slip fueled by the correction of Asian markets, analysts expect the gold price to surge by 30 percent heading into 2020. The Nikkei 225, a stock market index for the Tokyo stock exchange, plummeted by over two percent on the day alongside South Korea’s Kospi and China’s SSE Composite, which recorded a 1.95 percent and 9.2 percent drop respectively. The steep pullback of Asian stocks in recent months have led strategists like David Roche, president at Independent Strategy, to anticipate a renewed rally for gold…

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Donald Trump Dow Jones Market News 

Dow Crashes 500 Points – Here’s Who Trump’s Blaming Today

As the Dow Jones Industrial Average’s losses snowballed on Wednesday, President Donald Trump scrambled to identify a scapegoat. Today’s stock market antagonist? Congressional Democrats and their “impeachment nonsense.” Dow’s October Massacre Accelerates on Wednesday Trump made the revelation on Twitter, as the Dow spiraled toward a 500-point meltdown and the S&P 500 cratered below its 100-day moving average (DMA). At last check, the Dow Jones Industrial Average had plummeted 485.01 points or 1.83%, reducing the DJIA to 26,088.03. At its session low, the Dow came within 35.18 points of breaching…

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