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A Look Into Gold’s Move Higher and Walmart’s Earnings Beat

Cory
February 19, 2019

Joel Elconin, Co-Host of the Benzinga Pre-Market Show joins me with a look into the gold price and earnings out of Walmart. Gold up over $11 today without any major headlined driving the move. It just goes to show that gold continues to ride this uptrend. As for Walmart, after a weak US retail sales number Walmart beat expectations. Just goes to show it is a stock pickers market.

Click here to visit the Benzinga Pre-Market Show website.

Discussion
8 Comments
    Feb 19, 2019 19:16 AM

    More and more sheeple are forced to buy at the discounter Walmart,
    Middle class….is just sliding down hill….and good old Wally Mart now fills the bill for the time.
    Following is a post from yesterday, which I think is applicable to this commentary.

    The 400 richest Americans – the top 0.00025% of the population – have tripled their share of the nation’s wealth since the early 1980s. Those 400 Americans own more of the country’s riches than the 150 million adults in the bottom 60% of the wealth distribution, who saw their share of the nation’s wealth fall from 5.7% in 1987 to 2.1% in 2014.

    U.S. small business optimism tumbled last month to its lowest level since President Donald Trump’s election more than two years ago amid growing uncertainty over the economic outlook.

    The outlook for Wall Street earnings has deteriorated significantly in recent months, data shows, raising the risk that companies in the United States may slip into recession before its economy does
    The 400 richest Americans – the top 0.00025% of the population – have tripled their share of the nation’s wealth since the early 1980s. Those 400 Americans own more of the country’s riches than the 150 million adults in the bottom 60% of the wealth distribution, who saw their share of the nation’s wealth fall from 5.7% in 1987 to 2.1% in 2014.

    U.S. small business optimism tumbled last month to its lowest level since President Donald Trump’s election more than two years ago amid growing uncertainty over the economic outlook.

    The outlook for Wall Street earnings has deteriorated significantly in recent months, data shows, raising the risk that companies in the United States may slip into recession before its economy does

      Feb 19, 2019 19:03 PM

      I’m OCEANFRONT in Anarchapulco Acapulco for 3 weeks ( The Grand Mayan Resort) not the Princesse, but I’m thankful for the local WALMART

    Feb 19, 2019 19:58 AM

    Here is a good one……….Puzzled……they are…..lol
    https://www.zerohedge.com/news/2019-02-19/traders-puzzled-after-gold-surges-10-month-highs

      Feb 19, 2019 19:00 AM

      Just think,…..if ,just one of the 400 riches tries to corner the market…..what the price of gold will do………..wondering minds what to know…….lol

        Feb 19, 2019 19:01 AM

        You know one of those guys is a greedy little bast*** and wants to be NO.1…… 🙂

          Feb 19, 2019 19:03 AM

          Gold going a LOT HIGHER,….hand on to your SHORTS (play)….. 🙂

    Feb 19, 2019 19:28 AM
      Feb 19, 2019 19:31 AM

      Bezo……is going to get busted……Trump will put the Sherman Anti Trust Act on the guy, ….just to tick off the CIA…MyWAG…. 🙂