Gold holds steady amid tariffs, Fed rate cut bets, talks on Russia-Ukraine
- Gold does not see a material recovery at the start of the week despite tariffs being set to hit on Tuesday.
- Federal Reserve rate cut bets remain the second biggest driver for higher Gold prices.
- The precious metal holds near the daily Pivot Point and could recover further.
» Read more about: Gold holds steady amid tariffs, Fed rate cut bets, talks on Russia-Ukraine »
Read MoreSanctuary Advisors LLC Sells 6,461 Shares of Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD)
Sanctuary Advisors LLC cut its stake in Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD – Free Report) by 36.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,368 shares of the company’s stock after selling 6,461 shares during the quarter.
Read MoreInvestors Purchase Large Volume of Invesco Solar ETF Put Options (NYSEARCA:TAN)
Invesco Solar ETF (NYSEARCA:TAN – Get Free Report) was the target of some unusual options trading activity on Friday. Stock traders bought 40,849 put options on the stock. This is an increase of …
» Read more about: Investors Purchase Large Volume of Invesco Solar ETF Put Options (NYSEARCA:TAN) »
Read MoreStock Market Fall: Raamdeo Agrawal says we are 'very close to bottom' but recovery will not be vertical
In an exclusive interaction on CNBC-TV18 on Monday,
Ex-head of Social Security claimed DOGE actions could cause payment interruptions. Here's context
Only time will tell if the prediction by Martin O’Malley, the former Social Security commissioner, is accurate.
Image courtesy of Getty Images
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The Burst
The Ivy
1 Overlooked Stock Set to Rebound BIG
During its most recent earnings announcement, Lululemon reported a revenue increase 28% year-over-year to $1.9 billion while net income rose by 36% to $255 million. Same-store sales also increased by 22%. For the current quarter, the company expects revenue to rise 25%.
While many other retailers are struggling due to the challenging macroeconomic conditions of high inflation and interest rates,
» Read more about: 1 Overlooked Stock Set to Rebound BIG »
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