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GLD

SPDR Gold Shares

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

Industry

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 article provides strategies to protect a portfolio from a potential market crash. These include diversifying investments, using hedging strategies such as buying VIX calls, GLD stock, Treasury bonds, and UUP ETF, rebalancing the portfolio regularly, and staying calm and invested. It also advises understanding risk tolerance, not investing more than one can afford to lose, doing thorough research, and seeking professional help if needed.

Portfolio Pulse from Sandra Stone

August 25, 2023 | 2:23 pm

Nvidia reported strong Q2 earnings, with revenues of $13.5B and Q2 data center revenues of $10.32B, up 141% from Q1. The company is guiding revenues of $16B for the current quarter and has authorized an additional $25B in share buyback. The Arora Report has raised its target on Nvidia to $565 - $615. However, investors should be mindful of a potential 'sell the news' reaction. Money flows in Nvidia were extremely positive after the earnings release, but turned negative in the premarket. Other stocks such as Amazon, Meta Platforms, Microsoft, and Tesla also saw positive money flows after hours, while Apple and Alphabet saw negative money flows.

Portfolio Pulse from The Arora Report

August 24, 2023 | 7:32 pm

Stephen Weiss of Short Hills Capital Partners recommended Freeport-McMoRan Inc. (FCX) which reported better than expected Q2 revenue for 2023. Joseph Terranova of Virtus Investment Partners recommended FLEETCOR Technologies, Inc. (FLT) which also reported better-than-expected Q2 results and issued FY23 revenue guidance above estimates. Liz Young of BNY Mellon Investment Management picked SPDR Gold Shares (GLD).

Portfolio Pulse from Lisa Levin

August 24, 2023 | 1:06 pm

Nvidia's earnings are expected to have a significant impact on the stock market, with the company being referred to as the 'king of AI' and the 'king of the stock market'. The technical setup for the stock market is positive going into Nvidia's earnings. Other stocks expected to be impacted include Advanced Micro Devices, Microsoft, and VanEck Semiconductor ETF. The article also mentions significant drops in the stocks of DICK'S Sporting Goods and Foot Locker, and a rise in Abercrombie & Fitch's stock following positive earnings. Peloton's stock is falling due to poor earnings and loss of subscribers.

Portfolio Pulse from The Arora Report

August 23, 2023 | 3:46 pm

Positive expectations for Nvidia Corp.'s Q2 earnings and the recent market pullback are expected to cushion the market on Wednesday. The market is also awaiting Fed Chair Jerome Powell’s speech at the Jackson Hole Symposium on Friday. Stocks closed mixed on Tuesday, with the Nasdaq Composite Index closing marginally higher, while the S&P 500 Index, Dow Industrials and Russell 2000 Index experienced losses. In premarket trading on Wednesday, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF gained. Several companies including Nvidia, Urban Outfitters, Advance Auto Parts, Peloton Interactive, Williams-Sonoma, Foot Locker, Analog Devices, and Kohl's Corp. are set to release their quarterly results.

Portfolio Pulse from Shanthi Rexaline

August 23, 2023 | 11:14 am

The stock market is experiencing positive sentiment due to several factors, including aggressive investor buying of NVIDIA Corp (NASDAQ:NVDA) ahead of earnings release, Wall Street positioning for another leg up in the artificial intelligence frenzy rally, and a 2% rise in Hong Kong stocks likely caused by the Chinese Plunge Protection Team (PPT) buying stocks. However, S&P has cut the credit ratings of several U.S. banks including Keycorp (NYSE:KEY) and Comerica Incorporated (NYSE:CMA). Macy’s Inc (NYSE: M), DICK'S Sporting Goods Inc (NYSE:DKS), and Lowe's Companies Inc (NYSE:LOW) have also released their earnings.

Portfolio Pulse from The Arora Report

August 22, 2023 | 3:09 pm

The future of the stock market is expected to be influenced by Nvidia's earnings and Powell’s speech at Jackson Hole. Nvidia's earnings are expected to be released on Wednesday, and Powell will be speaking on Friday. The demand for AI chips from Nvidia is exceeding supply, and Nvidia's current quarter sales are guided to $11B, but whisper numbers are around $12B. Money flows are positive in Apple, Amazon, Meta Platforms, Microsoft, Nvidia, and Tesla, but negative in Alphabet. Money flows are mixed in SPDR S&P 500 ETF Trust and Invesco QQQ Trust Series 1. Interest rate cuts in China were less than expected, causing a sell off in Shanghai and Hong Kong.

Portfolio Pulse from The Arora Report

August 21, 2023 | 2:28 pm

US stock futures suggest a potential rebound as traders anticipate Nvidia's earnings and the Jackson Hole Symposium. Last week, stocks closed lower due to fears of aggressive interest rate hikes. The S&P 500, Nasdaq Composite, and Dow Industrials all recorded losses. Analyst Quincy Crosby suggests that the market may wait for Jerome Powell's comments at the Jackson Hole conference before reentering. China's financial issues could also trigger a slide in financial markets, leading to increased investment in the US Treasury. In premarket trading, the SPDR S&P 500 ETF Trust and the Invesco QQQ ETF both saw gains. Stocks in focus include Palo Alto Networks, Tesla, Nvidia, and Nordson Corp.

Portfolio Pulse from Shanthi Rexaline

August 21, 2023 | 10:59 am

Hedge funds have been profiting from short selling long bonds, while asset allocators and their clients have been buying long term bonds, leading to a rise in the yield on 30 year Treasuries to 4.397%. This is reflected in the chart of iShares 20 Plus Year Treasury Bond ETF (NASDAQ:TLT). The Arora Report had advised its members to buy leveraged inverse ProShares UltraShort 20+ Year Treasury (NYSE:TBT), which has been highly profitable. Chinese bonds have recently been decimated and the yuan has been weakening against the dollar. Applied Materials, Inc. (NASDAQ:AMAT) reported strong earnings, but the stock is falling in the premarket due to general malaise about tech stocks. Money flows are negative in several tech stocks and ETFs, and Bitcoin (CRYPTO: BTC) has fallen close to $26,000.

Portfolio Pulse from The Arora Report

August 18, 2023 | 2:52 pm

US stock futures indicate a slow start for Friday, with no strong driving force to push the market. Economist David Rosenberg suggests a new bear phase may be entering the market. Strong economic data released on Thursday sent major averages lower. All S&P sector classes, except energy stocks, closed in negative terrain. The S&P 500 Index is down 4.8% from the late-July peak. In premarket trading on Friday, the SPDR S&P 500 ETF Trust (NYSE:SPY) moved down 0.10% and the Invesco QQQ ETF (NASDAQ:QQQ) fell 0.23%. Stocks in focus include Bill Holdings, Inc. (NYSE:BILL), Farfetch Ltd. (NYSE:FTCH), Ross Stores, Inc. (NASDAQ:ROST), and Applied Materials, Inc. (NASDAQ:AMAT).

Portfolio Pulse from Shanthi Rexaline

August 18, 2023 | 10:55 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.