The week long-awaited moment of excitement is finally going to unveil next week. So far for this week, corporate earnings reports provided nothing surprising. The latest update on corporate earnings reported for the second quarter 2019, out of the 218 companies listed in the S&P 500, 75.2% of them have topped estimate. It has further … Continue reading Critical Market Watch Next Week: July 29th, 2019
Recent Fed announcement to pause rate hike for 2019 has suddenly surprised market participants off guarded. The US dollar index (UUP) has immediately over reacted and dropped below its bullish uptrend line and threatened investors to go bearish. However gold price index did not dance with USD index. It was partly because gold price was … Continue reading Is it the Right Time to Focus on Gold?