Month: December 2019

Job growth should appear strong in November as striking GM workers returned to the workforce. Economists surveyed by Dow Jones expected 187,000 jobs were added in November, and Refinitiv’s consensus forecast was 180,000. Wages are expected to rise by 0.3% in the month, and unemployment is expected to remain at 3.6%. The government’s monthly employment
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After a rough start to the week, the markets are back in rebound territory. While recent economic data this week isn’t spurring on the bulls, it isn’t so bad as to encourage the bears to start selling off in earnest. The economy seems to be solid and while next-year growth may be slow, it doesn’t
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With 2019 coming to a close, it’s both a time to reflect and to ponder the future of hot stocks for 2020. If I had to summarize the markets this year in one word, it’d be China. Through much back-and-forth rhetoric, the U.S.-China trade war dominated the investment and political narrative. Unfortunately, based on recent
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Stocks moved modestly on a day in which Democratic leadership in the House confirmed articles of impeachment will be filed against President Trump, indicating the trade relationship with China is a bigger priority for markets than party politics. The S&P 500 rose 0.15% The Dow Jones Industrial Average climbed 0.10% today The Nasdaq Composite advanced 0.05% Supported
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The market expected a withdrawal of 41 bcf The price stopped falling Gaps on the January chart loom large  On the final trading session of November, the price of January natural gas futures on the NYMEX division of the CME fell to a low at $2.27 per MMBtu. When the energy commodity hit its low
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OPEC’s meetings appear to be in disarray even before they begin this week, but analysts see a growing chance the fractured group may ultimately agree to deeper production cuts. Members of the Organization of the Petroleum Exporting Countries meet Thursday in Vienna, and they will be joined by Russia and other non OPEC producers Friday. That
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What did that do for silver prices? Here is the “before” story as told by SLV, the unleveraged silver ETF that trades on US markets. (credit Fidelity.com) As you can see, silver has been trading in a very narrow band for the past several weeks. In this case the trading range – running between opening
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