Setup News Ticker
Searching for 'trade Week'. (Return)

Yahoo BusinessAug 04, 2020
How To Play Gold's Recent Surge Right Now: Don't Buy Gold?
Gold managed to break above a nine-year base and completed its best monthly gain since 2016. So what's the best way to play the surging commodity?Wheaton Precious Idea: The VanEck Vectors Gold Miners ETF (NYSE: GDX) has outperformed the physical commodity but has since become "a little bit overbought," Piper Sandler senior technical research analyst Craig Johnson said on CNBC. If the ETF pulls back, it might be good to buy on the dip and investors may want to consider diversifying to other names.One idea is Wheaton Precious Metals Corp (NYSE: WPM), Johnson said. The stock remains in an uptrend from March lows and showing no signs of breaking down. The relative strength has also been "nicely improving.""As I go through our entire work that we got where we basically break down the entire marketplace into relative strength rankings, the gold, mining [and] silver groups are all making 26-week relative strength new highs and absolute new highs inside of our work," he said. "I think as a technician and investors, you can't really ignore that.Related Link: Gold Just Hit An All-Time (Nominal) High--How To Play The Trade With ETFsWhat About Copper? Gold has not proven to be a good hedge against inflation compared to stocks, Laffer Tengler Chief Investment Officer Nancy Tengler also said. Gold is more akin to a "safety play" but metals like copper is a "leading indicator on the economy.""We think this is bullish for the economy and we also think it's bullish for stocks," she said.But as the political calendar start to take over, Tengler
EarningsCall Transcript Q2 Inc Corp
CoronavirusVaccine Novavax White Deal latest
PandemicDisney during Coronavirus nearly amid
COVID-19Vaccine positive Novavax Results Matthew
Stockearnings Market Futures Stimulus beat
TikTokMicrosoft Trump China Ban sale
CallEarnings Transcript Q2 Inc Corp
ChinaTikTok US-China Tensions Taiwan Microsoft
TranscriptEarnings Call Q2 Inc Corp
dealWhite House week Kodak agree

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News Analysis Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News - China, Economy & Trade - Financial Markets - Hedge Funds - Telecoms - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC