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GLD

SPDR Gold Shares

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

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Asset Management

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 Arora Report suggests that the 40-year bull market in bonds and stocks has ended due to the end of four megatrends. Fed Chair Powell and President Biden confirmed the end of two of these megatrends. The report also mentions positive early trade money flows in Meta Platforms Inc and Microsoft Corp, and negative flows in Apple Inc, Amazon.com, Inc., Alphabet Inc Class C, NVIDIA Corp, Tesla Inc, SPDR S&P 500 ETF Trust, and Invesco QQQ Trust Series 1. The report also mentions buying trends in gold, oil, and Bitcoin.

Portfolio Pulse from The Arora Report

October 20, 2023 | 3:36 pm

The ongoing conflict between Israel and Hamas has led to a 0.4% decline in the Israeli shekel and a 1.8% decrease in Israeli stocks as tracked by the iShares MSCI Israel ETF (NYSE:EIS). Gold, as measured by the SPDR Gold Trust (NYSE:GLD), continued its positive trend, trading at $1,975 per ounce. European stocks, particularly Germany’s DAX Index, which is tracked by the iShares MSCI Germany ETF (NYSE:EWG), were nearly 1% down.

Portfolio Pulse from Piero Cingari

October 20, 2023 | 1:47 pm

The article lists the top 10 trending stocks on WallStreetBets as of October 20, 2023. The stocks mentioned are Tesla (TSLA), Teucrium Corn Fund (CORN), NVIDIA Corporation (NVDA), Netflix (NFLX), iShares 20+ Year Treasury Bond ETF (TLT), SPDR Gold Shares (GLD), Spotify Technology (SPOT), Apple Inc. (AAPL), Invesco QQQ Trust (QQQ), and Wendy's Company (WEN).

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 1:17 pm

The market sentiment remains negative due to mixed earnings and rate worries. Crude oil continues to rise, questioning the U.S. government's decision to buy oil. The Nasdaq Composite and the S&P 500 indices closed lower for the third straight session. Netflix shares rallied following its quarterly results. The SPDR S&P 500 ETF Trust and the Invesco QQQ ETF slipped in premarket trading. Stocks of Knight-Swift Transportation soared following their quarterly results, while SolarEdge Technologies plunged after warning of a Q3 shortfall.

Portfolio Pulse from Shanthi Rexaline

October 20, 2023 | 11:26 am

Global markets are showing signs of pessimism with Asia and Europe markets dipping, crude oil prices touching $90, and gold hovering near $2,000. The U.S. stock markets ended lower on October 19 due to rising treasury yields. The Dow Jones, S&P 500, and Nasdaq Composite all declined. Asian markets also closed lower, with Japan's Nikkei 225, Australia's S&P/ASX 200, China's Shanghai Composite, and Hong Kong's Hang Seng Index all experiencing declines. European markets were also down, with the STOXX 600, DAX, CAC, and FTSE 100 all trading lower.

Portfolio Pulse from Akanksha Bakshi

October 20, 2023 | 11:09 am

Stock volatility reached a six-month peak and bond yields hit an 18-year low due to the escalating Israel-Hamas conflict and mixed messages from Fed Chair Jerome Powell. The iShares 20+ Year Treasury Bond ETF (TLT) closed 2% lower, while the SPDR S&P 500 ETF Trust (SPY), the Invesco QQQ Trust (QQQ), and the iShares Russell 2000 ETF (IWM) also saw notable drops. The SPDR Gold Trust (GLD) increased by 1.2%.

Portfolio Pulse from Piero Cingari

October 19, 2023 | 8:56 pm

The Israeli military has been given the 'green light' to enter Gaza, potentially leading to a ground invasion. This has caused a rise in the CBOE Volatility Index, a drop in the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust, and an increase in the SPDR Gold Trust and the United States Oil Fund. The iShares 20+ Year Treasury ETF has also fallen. The US State Department has issued a global travel warning due to increased tensions.

Portfolio Pulse from Piero Cingari

October 19, 2023 | 8:37 pm

Tesla's stock is in a downtrend due to rising interest rates, despite the company's strong product lineup and competitive pricing. Taiwan Semiconductor's profits fell by 25%, but the company predicts a drop in industry inventory levels, indicating a potential buying opportunity in semiconductors. Two ETFs, Global X Artificial Intelligence & Technology ETF and VanEck Semiconductor ETF, are of special interest. The market is awaiting Fed Chair Powell's speech for clues on monetary policy. Jobless claims are lower than expected, indicating a strong job market. Nokia is laying off 14,000 employees. Money flows are positive in Amazon, Alphabet, Meta Platforms, Microsoft, and NVIDIA, neutral in Apple, and negative in Tesla.

Portfolio Pulse from The Arora Report

October 19, 2023 | 3:29 pm

The ongoing Israel-Hamas conflict has led to geopolitical chaos in the Middle East. Egypt has approved aid convoys to Gaza, and the European Union has welcomed Israel's commitment to allow some humanitarian aid. The Biden administration is considering a $10 billion support package for Israel. The Israeli shekel and the Israeli stock market (TA-125 index) have declined, while gold has appreciated. The U.S. dollar weakened, and oil prices fell.

Portfolio Pulse from Piero Cingari

October 19, 2023 | 1:28 pm

On October 18, U.S. stock markets ended lower due to rising Treasury yields and investor assessments of recent corporate earnings and forecasts. The Dow Jones Industrial Average declined by 0.98%, the S&P 500 dipped 1.34%, and the Nasdaq Composite fell by 1.62%. Asian and European markets also experienced declines, with Japan's Nikkei 225, Australia's S&P/ASX 200, China's Shanghai Composite, and the European STOXX 600 index all closing lower. Crude Oil WTI was trading lower by 1.65% at $85.83/bbl, and Brent was down 1.81% at $89.84/bbl.

Portfolio Pulse from Akanksha Bakshi

October 19, 2023 | 10:39 am

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