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GLD

SPDR Gold Shares

https://www.spdrgoldshares.com/usa/

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The Trust holds gold bars and from time to time, issues Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Sponsor believes that, for many investors, the Shares represent a cost-effective investment in gold.

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U.S. stocks rose with the S&P 500 and Dow Jones hitting record highs, driven by anticipation of Nvidia's earnings. Asian markets were mixed, while European markets gained. Crude oil prices fell due to concerns over Chinese demand. The U.S. dollar index rose as markets awaited potential interest rate cuts.

Portfolio Pulse from Akanksha Bakshi

August 28, 2024 | 10:38 am

The Dow Jones Industrial Average (DJIA) reached an all-time high due to a rotation into cyclical and interest rate-sensitive stocks, while AI and semiconductor stocks, including Nvidia, faced selling pressure ahead of Nvidia's earnings report. The options market anticipates a 9% move post-earnings, with the momo crowd expecting a significant upside. Money flows are negative in major tech stocks and ETFs like SPY and QQQ.

Portfolio Pulse from The Arora Report

August 27, 2024 | 4:45 pm

U.S. markets closed mixed with the S&P 500 and Nasdaq declining, while the Dow rose. Nvidia's stock fell ahead of its earnings report. Durable goods orders in the U.S. increased by 9.9% in July. Asian markets showed mixed results, and European markets edged up. Commodities like crude oil and gold retreated.

Portfolio Pulse from Akanksha Bakshi

August 27, 2024 | 10:46 am

The article discusses the impact of geopolitical tensions in Libya on oil prices and the U.S. economy, emphasizing the importance of protecting wealth amid potential dollar weakening. It highlights mixed money flows in major tech stocks and ETFs, and suggests strategic investment adjustments.

Portfolio Pulse from The Arora Report

August 26, 2024 | 5:36 pm

U.S. stocks closed higher as Fed Chair Jerome Powell hinted at a potential rate cut in September, boosting major indexes like the S&P 500, Dow Jones, and Nasdaq. Financial stocks reached an all-time high, and all 11 major sectors of the S&P 500 ended in positive territory. Oil prices rose due to geopolitical tensions, while gold hit a record high as the dollar weakened.

Portfolio Pulse from Akanksha Bakshi

August 26, 2024 | 11:05 am

Jerome Powell's remarks on potential interest rate cuts led to a rally in small-cap stocks, gold reaching record highs, and a decline in the US dollar. Several ETFs, including IWM, GLD, VNQ, KRE, ITB, XME, and UUP, experienced significant movements in response to the news.

Portfolio Pulse from Piero Cingari

August 23, 2024 | 3:25 pm

The article discusses the potential impact of Powell's speech at Jackson Hole and Nvidia's upcoming earnings on the stock market. It highlights the current resistance zone in the S&P 500 and the influence of the Bank of Japan's interest rate decisions on carry trades. Positive money flows are noted in major tech stocks and ETFs, while investors are advised to maintain a protection band strategy.

Portfolio Pulse from The Arora Report

August 23, 2024 | 3:16 pm

Federal Reserve Chair Jerome Powell indicated that interest rate cuts are on the horizon, as inflation appears to be on a sustainable path back to 2%. Powell emphasized that the timing and pace of rate cuts will depend on incoming data. The labor market is cooling, with job gains decelerating and unemployment rising due to an increased supply of workers. Market reactions included a rise in Treasury bond prices, a drop in the dollar, and increases in gold and stock prices.

Portfolio Pulse from Piero Cingari

August 23, 2024 | 2:27 pm

U.S. stocks closed lower due to economic slowdown concerns, with major indexes like the Dow, S&P 500, and Nasdaq declining. Technology stocks led the fall, while financials and real estate gained. Gold hit a new all-time high, and U.S. futures showed positive movement.

Portfolio Pulse from Akanksha Bakshi

August 23, 2024 | 11:03 am

Investors are aggressively buying semiconductors ahead of Nvidia's earnings, despite technical indicators suggesting overbought conditions. Money flows are positive in major tech stocks like Apple, Amazon, and Nvidia. The U.S. payroll revision and dovish FOMC minutes suggest potential rate cuts, influencing market sentiment.

Portfolio Pulse from The Arora Report

August 22, 2024 | 3:07 pm

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