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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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The upcoming July CPI inflation report is crucial for shaping investor expectations ahead of the Federal Reserve's September meeting. Depending on the data, markets may anticipate either a modest or substantial interest rate cut. The report will influence various assets, including stocks, bonds, and gold.

Portfolio Pulse from Piero Cingari

August 12, 2024 | 7:51 pm

Gold and Silver are trading higher amid Middle East tensions, which could be lifting some safe-haven assets.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 7:46 pm

This week, investors are focused on the U.S. Producer Price Index (PPI) and Consumer Price Index (CPI) reports. Economists expect a cooling in producer prices for July, which could signal easing price pressures. The PPI report is anticipated to show a 0.1% month-over-month increase, down from 0.2% in June. The core PPI is expected to rise by 0.2% monthly, cooling from 0.4% in June. Previous PPI data led to gains in the S&P 500, Nasdaq 100, and U.S. Treasury bonds, while gold and oil prices declined.

Portfolio Pulse from Piero Cingari

August 12, 2024 | 3:13 pm

The stock market is poised for a rally, but upcoming economic data and earnings from major companies like Home Depot and Walmart will be crucial. The market reaction function has shifted to 'good news is good news and bad news is bad news.' Money flows are positive in NVDA, MSFT, SPY, and QQQ, while neutral in AAPL, AMZN, GOOG, META, and TSLA. Bitcoin has dropped below $60,000 due to lack of whale activity.

Portfolio Pulse from The Arora Report

August 12, 2024 | 2:27 pm

The top 10 trending stocks on WallStreetBets as of August 12, 2024, include NVDA, WAY, MADE, INTC, LOT, AI, GLD, ASTS, QQQ, and DJT, according to data from Swaggy Stocks.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 1:17 pm

The stock market is experiencing a consolidation phase with mixed money flows in major tech stocks and ETFs. Despite a weak Treasury auction, the market saw a strong oversold bounce driven by short covering. Fed officials are not in favor of an emergency rate cut, and Bitcoin has surged above $60,000. Investors are advised to maintain a protection band and consider tactical positions in bonds.

Portfolio Pulse from The Arora Report

August 09, 2024 | 4:01 pm

U.S. stock markets closed higher on August 8, with the Nasdaq and S&P 500 gaining over 2% due to a drop in jobless claims. Eli Lilly shares surged 9.5% after raising its profit forecast. Asian markets were mixed, while European markets opened in green. Commodities saw minor changes, with gold trading near its all-time high.

Portfolio Pulse from Akanksha Bakshi

August 09, 2024 | 10:49 am

The article discusses the impact of a weak Treasury auction and jobless claims on the stock market. It highlights the importance of monitoring the S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ), as well as the Magnificent Seven stocks (AAPL, AMZN, GOOG, META, MSFT, NVDA, TSLA). The Bank of Japan's hawkish stance and the weak Treasury auction have led to market volatility. Investors are advised to consider protection bands and focus on high-quality bonds.

Portfolio Pulse from The Arora Report

August 08, 2024 | 4:25 pm

Meta Platforms Inc. (META) has successfully monetized AI, reporting strong earnings with a 22% increase in revenues and a 73% increase in earnings. In contrast, Microsoft Corp. (MSFT) and Alphabet Inc. (GOOG) are struggling to monetize AI. Nvidia Corp. (NVDA) benefits significantly from AI spending, adding over $300B in market cap in one day. Advanced Micro Devices, Inc. (AMD) is also making inroads in AI. Arm Holdings PLC (ARM) and Qualcomm Inc. (QCOM) gave tepid forecasts. Jobless claims are increasing, and the Bank of England cut its interest rate to 5%. Money flows are positive in AAPL, AMZN, META, MSFT, NVDA, SPY, and QQQ, neutral in GOOG, and negative in TSLA.

Portfolio Pulse from The Arora Report

August 08, 2024 | 1:37 pm

The article advises investors to raise cash and hedge positions, especially in AI and tech stocks, due to a weak jobs report and negative money flows in major tech stocks and ETFs. The jobs report indicates worsening employment conditions, contributing to market sell-offs. Earnings from Amazon and Intel were below expectations, while Apple's earnings were better but with disappointing growth in China. The article suggests a cautious approach with a protection band strategy.

Portfolio Pulse from The Arora Report

August 08, 2024 | 1:37 pm

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