A Six-Figure Bearish Bet on Gold

The White House has reportedly excluded hundreds of Chinese goods from tariffs

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9/20/2019

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Stock Futures Inch Up After Trump Issues Tariff Exemptions

By Karee Venema

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Futures on the Dow Jones Industrial Average (DJI) are modestly above fair value this morning, with the blue-chip index poised to bounce back after Thursday's bearish reversal. Wall Street is eyeing the latest U.S.-China trade news, with Politico reporting President Donald Trump is excluding hundreds of Chinese goods from tariffs, including dog leashes and Christmas tree lights. Plus, deputy negotiators from both countries will hold a second day of talks in Washington, ahead of high-level discussions expected in early October. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are higher, too, in what's poised to be an up day for the U.S. stock market.

Continue reading for more on today's market, including: 

  • A six-figure bearish bet on gold.
  • Oil stock rally triggers technical sell signal.
  • Plus, Evercore ISI issues a dire Netflix warning; an oil stock booming on buyout buzz; and Roku sinks on scathing Pivotal Research note.
>> Continue reading...
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Former Lehman Brothers executive reveals one of Wall Street's best kept secrets. A proven system for turning $50 into $65,000 (or more)-without touching the stock market.

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