6/19 Closing Bell: COVID-19 Woes Trigger Rocky Trading Day
Part of the volatility can be attributed to the S&P 500’s first rebalancing of the year, scheduled to happen after Friday’s close.
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Author: Chad Stone
Low Interest Rates Will Send Gold Soaring Past $1,920 Again
Brian Christopher: “Every time the Fed or Congress launches another plan to stimulate the economy, they fund it with money we don’t have. That’s good for the price of gold.”
A 35% Dollar Crash Is Coming. Watch These Overseas Warning Signs
Luongo: “What we’re seeing now is a false move down in the dollar which will get everyone on the wrong side of the trade once it becomes clear Europe has no answers.”
How to Invest in a Fed-Fueled, Sentiment-Driven Stock Market
Bauman: “Positive sentiment is based on the Fed’s support for capital markets. Negative sentiment is created whenever there are a few headlines reminding people of reality.”
Analysts’ Downgrade of Tesla Stock Raises 1 Question: Who Cares?
Shoop: “When you read the analysis and the reasoning, it is just the same old story — capital needs, near term demand issues, competition.”
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