International Investment firm, EXANTE’s senior analyst, Victor Argonov say that the Gold price could double in the next three years.…
Continue ReadingISM Manufacturing index Decreased to 55.4 in September
The ISM manufacturing index indicated expansion in September. The PMI was at 55.4% in September, down from 56.0% in August.…
Continue ReadingConstruction Spending Increased 1.4% in August
From the Census Bureau reported that overall construction spending decreased in June: Construction spending during August 2020 was estimated at…
Continue ReadingCoronavirus stimulus check: Wednesday was full of action, but Thursday may be decider
It was a pretty eventful Wednesday for those waiting for the next coronavirus relief package and stimulus checks. Wednesday was…
Continue ReadingPersonal Income decreased 2.7% in August, Spending increased 1.0%
The BEA released the Personal Income and Outlays report for August: Personal income decreased $543.5 billion (2.7 percent) in August…
Continue ReadingWeekly Initial Unemployment Claims decreased to 837,000
Special technical note this week on California (see release). The DOL reported: In the week ending September 26, the advance…
Continue ReadingADBE Setting Up For a New Rally
The chart above shows the daily price bars for ADBE in combination with the RRG-Lines and raw Relative Strength. Two…
Continue ReadingThursday: Unemployment Claims, Personal Income and Outlays, ISM Mfg, Construction Spending, Vehicle Sales
Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. Initial claims were 870 thousand the…
Continue ReadingUtilities Were the Only Sector to Close Higher This Month?
(This is an excerpt from today’s member only DecisionPoint Alert on DecisionPoint.com) The Utilities SPDR (XLU) is the only sector…
Continue ReadingTesla quality is ranked dead last among 31 brands, Stock Headed To zero: Shortseller
Excerpted from Stanphyl Capital’s September 2020 letter to investors. We remain short the biggest bubble in modern stock market history,…
Continue Reading