August 7, 2020

Special Report: Second Stimulus Deadline Today

Special Report: Second Stimulus Deadline Today

Today is an important day for the Dow Jones Industrial Moving Average. Both the Dow Jones and S&P 500 futures are likely to remain highly volatile. The self-imposed deadline by Congress for the second stimulus package is today. Trump has vowed to take matters in his hands by using executive orders today. Trump wants to…

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August 7, 2020

Special Report: US NFP Data And Trump’s New Ban

Special Report: US NFP Data And Trump’s New Ban

Today, we learn about the health of the U.S. job market. The U.S. Non-farm Payrolls (NFP) data may fail to impress stock traders. If the number comes in weak, the dollar could tank, the Dow Jones, the S&P 500 and the Nasdaq could suffer massive losses. Stock traders are also on edge as Trump bans…

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August 6, 2020

Initial Jobless Claims Fall To 1.1 Million

Initial Jobless Claims Fall To 1.1 Million

The Dow Jones and S&P futures bounced off from their lows on the back of today’s U.S. Initial Jobless Claims data. The road ahead is full of obstacles, and the path to recovery is going to be long and hard. The U.S. economy is likely to continue to suffer as long as the Jobless Claims…

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August 6, 2020

Dow Futures Await US Jobless Claims, BOE Left Rates Unchanged

Dow Futures Await US Jobless Claims, BOE Left Rates Unchanged

Dow Jones Futures: U.S. Jobless Claims, Second Stimulus Deal Weigh On Coronavirus Stock Market Rally; Gold Price Up The Dow Jones Industrial Average futures are trading higher, as traders seem glad that the second stimulus talk is finally heading in the right direction. The U.S. Private Payroll number missed the forecast by a long shot…

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August 5, 2020

Gold, Bitcoin and the FOMC

Gold, Bitcoin and the FOMC

Gold has centuries of weight behind its reputation, and thus Bitcoin in comparison is the new kid on the block. Last week they both were under the technical radar of our Chief Market Analyst. Each week he brings the need-to-know information to our Trading Community watching AvaTradeTV, and the highlights of last week began with…

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August 5, 2020

Special Report: Gold Above $2,000

Special Report: Gold Above $2,000

Gold prices have crossed the $2,000 mark for the first time, and investors wonder where is the next stop for the gold price.  Are Gold Prices Going Up? The price of gold is up nearly 32 percent year-to-date. Gold has made a high of $2,044 per ounce. The $2,000 mark was a significant psychological resistance…

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August 5, 2020

Dow Jones: US-China Relation and Second Stimulus Bill

Dow Jones: US-China Relation and Second Stimulus Bill

The S&P 500 and Dow Jones industrial average futures maintain their gains for this week and trade higher today. Investors are quite hopeful about the progress being made for the next stimulus package. However, there is also a tone of caution among investors in terms of buying stocks because of the review of the phase-one…

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August 4, 2020

Special Report: TikTok, Trump And Microsoft

Special Report: TikTok, Trump And Microsoft

Donald Trump has given the final ultimatum to TikTok before he bans its operation in the U.S. Trump said on Monday that the U.S. government should get a sizable portion of the sales price. If the sale is not agreed by September 15, he will ban the TikTok service. Microsoft’s stock has rallied on the…

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August 3, 2020

Dow Jones: US-China Tensions Escalate

Dow Jones: US-China Tensions Escalate

The S&P 500 and Dow Jones industrial average futures are starting the month of August on the back foot as investors are concerned about the U.S.-China tensions and the continuous surge in coronavirus cases around the world. However, traders are somewhat optimistic about economic recovery in China. The Chinese July manufacturing activity printed a better…

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July 31, 2020

US GDP Crashed, Is the End Game Here?

US GDP Crashed, Is the End Game Here?

A full-blown U.S. stock market crash may not happen anytime soon or not for a few months as investors and traders are comfortable that the Federal Reserve supports the stock rally. Remember, the famous saying ‘Do not fight the Fed?’ Investors and traders have engraved this expression into their trading plan. The stock bubble could…

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July 30, 2020

Kodak Stock Rose over 300% Yesterday

Kodak Stock Rose over 300% Yesterday

Kodak stock is up over 300%. This activity triggered nearly 20 trading halts today. Kodak shares increased three-fold on Tuesday, and the stock is up over 1,450% approximately this week. At the beginning of the week, Kodak stock was trading at $2.77. Today, it reached a high of $60. Kodak won a government loan to…

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July 29, 2020

Gold Price: Is $3,000 Next?

Gold Price: Is $3,000 Next?

Are Gold Prices Going Up? Gold prices are likely to continue their upward journey as investors know that the gold price has broken significant resistance. This resistance level, formed in 2011, reached an all-time high at $1921. As of today, the gold price is trading at $1943 and has reached as far as $1981. The…

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July 28, 2020

Tesla and Stimulus packages made for interesting analysis

Tesla and Stimulus packages made for interesting analysis

Tesla earnings and Stimulus Packages were already hot topics for analysis, but when you throw in Bitcoin, interviews on CNBC and our regular Educational offerings in the mix, it was full steam ahead as usual at AvaTradeTV, bringing the savvy, insightful and inspiring to our Trading Community. To begin, CNBC Arabia wanted to know AvaTrade’s…

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July 28, 2020

Stock Market Awaits Mega-Tech Earnings And Fed Decision

Stock Market Awaits Mega-Tech Earnings And Fed Decision

The Dow Jones futures are trading higher as investors speculate about the Federal Reserve’s next possible action. Traders are a little hesitant to place any bigger bets as the Fed begin their two-day meeting today. The hope is that the Fed will continue their fight against coronavirus via its monetary policy.  The coronavirus infection rate…

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July 27, 2020

What Is Next For Gold Price

What Is Next For Gold Price

Good morning folks, this is Naeem Aslam, chief market analyst at AvaTrade and welcome to our daily technical analysis video. In today’s segment we are going to look at gold prices. Why? Because gold points is happening in a very strong uptrend and on friday the price closed above the critical level of 1902. This…

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July 27, 2020

Will the Gold Price Crash or Shine This Week?

Will the Gold Price Crash or Shine This Week?

Gold prices are within a whisker distance of touching the record high of $1,921, last witnessed in 2011. It is pretty clear that nothing can stop the precious metal reaching its record high. For investors, it is not about the record high, it’s about the $2,000 price level, and the question is whether the gold…

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July 24, 2020

Stock Market Crash: Stock Rally is Out of Gas

The current coronavirus stock market rally has been dubbed the most hated stock market rally in the history of financial trading. Despite the stellar rally we’ve seen from the U.S. stock market, speculators believe that this stock market rally will crash once it runs out of fuel; in other words, when it runs out of…

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July 23, 2020

Special Report: Gold Prices and A Record High

Special Report: Gold Prices and A Record High

Gold prices are extending their gains and currently trading at $1,875. Gold price is up nearly 23% year-to-date. The positive trend in the gold spot prices is chiefly due to the escalation in the geopolitical tensions and uncertainty over the second stimulus package. Investors aren’t afraid of the gold price reaching a record high, and…

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July 22, 2020

Dow Jones Futures: Investor Enthusiasm Fades

Dow Jones Futures:  Investor Enthusiasm Fades

The Dow Jones futures are trading modestly because traders have no clarity regarding when they will receive news about the second stimulus package. The U.S. stock market needs a new catalyst as the European stocks already have their stimulus. This is the reason that we are seeing European stocks outpacing U.S. stocks. Democrats and Republicans…

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