|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||121.39 - 121.97|
|52 Week Range||107.00 - 128.32|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.40%|
Gold prices settle at a two-week low on Friday, suffering from their worst weekly performance in a month as the dollar strengthens after the Senate passes a budget blueprint.
At 7:20 AM EST on October 20, the WTI crude oil futures contracts for November 2017 delivery were trading at $50.81 per barrel—a fall of ~0.94%.
As governments, central banks, and CEOs continue to debate the viability of Bitcoin as an investment, the investment community is moving on. The future of the most well-known and largest cryptocurrency is more certain with a Bitcoin derivatives ecosystem in the works. The Commodity Futures Trading Commission or the CFTC recently offered its take with a primer on digital currencies.
At 7:00 AM EST on October 18, the WTI crude oil futures contracts for November 2017 delivery were trading at $52.08 per barrel—a gain of ~0.39%.
Much of the discussion surrounding another interest rate hike in December has been about how inflation numbers have remained low.
InvestorPlace advisers John Jagerson and S. Wade Hansen, both Chartered Market Technician (CMT) designees, are co-founders of LearningMarkets.com, as well as the co-editors of SlingShot Trader, a trading service designed to help you make options profits by trading the news. Most recently, John and Wade are co-options strategists of Turbo Trader Live — a live, interactive trading room service that runs two hours every trading day the market is open. Turbo Trader Live focuses on long call and put options, as well as long and short vertical spread strategies.
U.S. Secretary of State Rex Tillerson has said that diplomatic efforts with North Korea will continue 'until the first bomb drops'. Speaking on CNN's 'State of the Union', Tillerson said diplomacy is President Donald Trump's preferred route to rein in the nuclear ambitions of Kim Jong-un's rogue nation, despite the President's recent tweets that Tillerson was wasting his time trying to negotiate with North Korea: "The President has also made clear to me that he wants this solved diplomatically," Tillerson said. "He is not seeking to go to war." Asked if Trump's tweets undermined his diplomatic efforts, Tillerson said connections between US and Chinese leaders were close and that the Chinese "are not confused in any way" about US policy toward North Korea.
Among the miners that we're looking at in this part of the series, Sibanye Gold has the lowest correlation to gold on a YTD basis, while Gold Fields has the highest correlation to gold.
The go-to hedge in such situations is of course gold, with most traders naming the SPDR Gold Trust (ETF) (NYSEARCA:GLD) as their weapon of choice. For those traders looking for more than just a little action though — and for those traders who can stomach the extra risk — the Direxion Shares Exchange Traded Fund Trust (NYSEARCA:JNUG) may be the better choice. In the case of the Direxion Shares Exchange Traded Fund Trust, for every 1% junior gold mining stocks collectively rise, JNUG rises 3%.
At 7:30 AM EST on October 13, the WTI crude oil futures contracts for November 2017 delivery were trading at $51.62 per barrel—a gain of ~2.02%.
According to the employment data that came out last week, US employment fell in September for the first time in about seven years.
Forget the nauseating love missives to central bankers by other authors; David Kynaston's book is scholarly work at its best.