A new hope for U.S. stocks… Gold gets smacked…
From the Stansberry NewsWire team:
In today’s MarketCast, Greg Diamond discusses divergence across global markets, how stocks in Europe and China have not bounced back from recent volatility, and why you need to pay attention to interest rates.
John Gillin talks about the correlation between stocks and bonds, the strength of earnings, and corporations returning cash to shareholders.
And Scott Garliss describes current support and resistance levels on the S&P that would trigger institutional traders to either buy or sell. He also covers the current “pain trade” and the impact of Federal Reserve speakers on the dollar, euro, and yen.
The trio also talks about Venezuela launching a cryptocurrency…
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