Gold continues its correction from extremely overbought conditions / this as real rates ticked slightly up to now have “less real negative rates” Now at $1894.30 a Troy Ounce in futures contract trading at 7:15pm PST
The May 20 contract expires today for Oil which has caused Oil today to fall and settle at negative to -$37.63 a barrel down over 200%. The June contract which start Wednesday is around $21 a barrel which is causing a huge contango spread. ~Updated as fell even more while just posting alert~
The stock of Tesla (TSLA) gains 11% in todays trading session on news they are producing all Chinese Model 3s in China therefore not having to pay import tax.
After the Trump Administration announced a further $200 Billion in Tariffs on China and possibly an additional $200 Billion if China retaliates with tariffs on the US, Global Markets have fallen in futures trading. Asia Markets are lower in cash trading. The US Market Futures are all down around 1% at 9:00pm (PST). The implied open for DOW is down … Continue reading
Bitcoin under US Justice Department investigation, criminal probe into traders, for price manipulation
Markets worldwide are under pressure due to the developing trade war. China strikes back with tariffs and we have further White House shakeups ahead of key talks with North Korea. USA Index Futures (11:00pm PST): DOW down -178 points (-0.74%) at 23,785 S&P 500 down -16.75 points (-0.63%) at 2,626.50 NASDAQ down 67.75 points (-1.01%) … Continue reading
Both Canadian recreational pot stocks APHQF and TWMJF are filling their gaps in the charts. Key levels they need to hold are $15.50 for APHQF and $26.50 for TWMJF. The next levels if those are broke are $14.50 for APHQF and $26 for TWMJF. 10 day chart for APHQF: 10 day chart for TWMJF