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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 latest PCE report showed mixed results: the headline index fell to 2.5%, the lowest since February 2021, while the core component remained steady at 2.6%. Personal income and spending rose less than expected. Despite this, U.S. equity futures maintained gains, and several ETFs showed notable pre-market increases.

Portfolio Pulse from Piero Cingari

July 26, 2024 | 1:29 pm

On July 25th, U.S. stock markets closed mixed with the Dow Jones Industrial Average rising due to strong GDP data, while the S&P 500 and Nasdaq Composite fell. Initial jobless claims dropped, and the economy grew by 2.8% in Q2. Asian and European markets mostly advanced, and commodities showed mixed performance.

Portfolio Pulse from Akanksha Bakshi

July 26, 2024 | 10:27 am

The article discusses various market movements and economic indicators. Key points include a drop in QQQ due to speculative sentiment, a cooling AI frenzy affecting semiconductor stocks, and a stronger-than-expected Q2 GDP. The yen's rise is impacting gold, bitcoin, and oil prices. Notable stocks and ETFs mentioned include AAPL, ADI, AIQ, AMAT, AMZN, GOOG, IYW, MDB, META, MSFT, MU, NVDA, NXPI, PCG, PWR, QCOM, QQQ, SMH, SPY, TSLA, GLD, SLV, and USO.

Portfolio Pulse from The Arora Report

July 25, 2024 | 3:12 pm

The U.S. GDP grew by 2.8% in Q2, surpassing estimates, while inflation eased. Despite strong economic performance, market expectations for Federal Reserve rate cuts remain unchanged. U.S. equity futures turned positive, and several ETFs saw significant premarket moves.

Portfolio Pulse from Piero Cingari

July 25, 2024 | 1:27 pm

Global markets slumped following a significant decline in the S&P 500 and Nasdaq, driven by disappointing earnings from Alphabet and Tesla. The S&P 500 experienced its largest daily drop since December 2022, and the Nasdaq since October 2022. Commodities like crude oil and gold also saw declines.

Portfolio Pulse from Akanksha Bakshi

July 25, 2024 | 10:41 am

Investors are anticipating the release of Q2 GDP data, with forecasts suggesting a 2% growth rate. Key ETFs to monitor include DIA, IWM, XLF, TLT, and GLD, which previously reacted to GDP data. A lower-than-expected GDP could weaken growth stocks, while stronger figures might boost the U.S. dollar.

Portfolio Pulse from Piero Cingari

July 24, 2024 | 5:31 pm

The article discusses the current state of speculative sentiment in the stock market, focusing on Tesla's recent performance and its impact on the market. Tesla's stock fell after earnings, and its electric vehicle sales dropped by 7%. The article also mentions the negative money flows in major tech stocks and ETFs, as well as the economic contraction in Germany.

Portfolio Pulse from The Arora Report

July 24, 2024 | 3:40 pm

Global markets experienced declines with U.S. stock markets closing in the red. Alphabet (GOOG) and Tesla (TSLA) reported positive Q2 revenues. The U.S. Fifth District’s composite manufacturing index fell, and existing home sales decreased. Crude oil prices hit a six-week low but slightly rebounded. Asian and European markets also saw declines.

Portfolio Pulse from Akanksha Bakshi

July 24, 2024 | 10:46 am

The article discusses the speculative sentiment in the stock market, focusing on Tesla's upcoming earnings and the battle between its electric vehicle and humanoid robot/robotaxi segments. It also highlights the earnings reports of several major companies and the impact of India's new budget on its stock market. Additionally, it mentions the influence of money flows in key stocks and ETFs, and a rumor about Trump creating a national bitcoin strategic reserve.

Portfolio Pulse from The Arora Report

July 23, 2024 | 10:35 pm

The article discusses the stock market's reaction to Biden's withdrawal and Harris becoming the presumptive nominee. It highlights the positive money flows in major tech stocks and ETFs, and the potential impact on various assets including Bitcoin, gold, and oil.

Portfolio Pulse from The Arora Report

July 22, 2024 | 2:39 pm

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