China Slowdown Continues
China just released two more readings on their economy very early Saturday morning, Dallas time. Both reports showed that the China slowdown continues. Continue reading
Tag Archives for " NEM "
Stock Market Gave it all Back
Attached below is the very condensed version of what I provide to the Insider Members in their Weekend Market Analysis.
In this video I review the stock market’s price action by reviewing the NYSE Composite Index (NYA) and the Russell 2000 (RUT). I also review oil and gold and check in on Newmont Mining (NEM) and Goldcorp (GG).
Waiting for the Jobs Report
The stock market paused today as it waits for the Jobs Report due out at 7:30am CT tomorrow. The consensus according to Econoday, is for 190,000 new jobs created. Oil pulled back again today and gold continued down.
In tonight’s video I look to see what the High Yield Bond ETF (HYG) is telling us. I also look at Las Vegas Sands (LVS), Transocean (RIG) and Newmont Mining (NEM). Today we closed a trade idea on Chevron (CVX) with a 77% gain in 5 trading days. Continue reading