Ed Moya - Senior Market Analyst at OANDA – Fri 14 Aug, 2020

The balance between investor worries of another economic shutdown vs hope for a vaccine

Ed Moya joins me today to assess the mentality of investors in today’s markets. We need to balance out the hope for a vaccine and quick economic restart vs the worries that continued spikes in COVID cases would hamper the overall economy and could lead to another shutdown.

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Comments:
  1. On August 14, 2020 at 11:48 am,
    CFS says:

    Fauci actually knows better, but he is apparently bought and paid for by Bill Gates and Big Pharma. Any covid-19 vaccine can theoretically be little better than natural immunity gained from having already had an alternative strain of a corona virus, which most of us HAVE HAD. Besides we HAVE KNOWN “cures” for covid-19, which ARE MORE EFFECTIVE than any vaccine could be.

    • On August 14, 2020 at 5:37 pm,
      OOTB Jerry says:

      ShadowGate…………makes Fauci a Con Job…..as assumed….months ago.

  2. On August 14, 2020 at 12:11 pm,
    CFS says:

    http://www.321gold.com/editorials/moriarty/moriarty081420.html

    I disagree with Monsieur Robert M.

    First, Dr. Fauci should be stripped of his medical license for violating the Hippocratic Oath.
    Corruptive use of office to push phony medical vaccinations in which he holds financial interests.
    Then charged with malpractice of medicine, taking bribes from Bill Gates and Big Pharma.
    Then fraudulent misrepresentation and perjurious testimony to Congress.
    Then we might consider conspiracy to aissist in mass manslaughter.

    Then how about some civil suits against Fauci and Gates seeking compensation for damages caused by RICO style dissemination of known false medical information.

    There are a lot of covid-19 victims THAT DID NOT HAVE TO DIE.

  3. On August 14, 2020 at 12:56 pm,
    Chartster says:

    Tore Says just dropped ShadowGate on you tube live.
    A real eye-opener!
    Won’t let me post the link.

    • On August 14, 2020 at 2:35 pm,
      CFS says:

      You mean THIS ONE ?

      https://www.youtube.com/watch?v=9HFxVvrXjCg

      • On August 14, 2020 at 6:18 pm,
        Chartster says:

        Yep, that’s the one!!
        What a truth MOAB!
        Tore is awesome! That girl knows her stuff. So does Burgie.

    • On August 14, 2020 at 4:53 pm,
      OOTB Jerry says:

      OK……….What Now…………..

    • On August 14, 2020 at 4:55 pm,
      OOTB Jerry says:

      THIS WOULD MAKE A GOOD REPOST FOR THE WEEK END SHOW>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
      JIMMY>>>>>>>>>>>>>>YOU NEED TO SPEAK UP ON THIS ONE>….

      • On August 14, 2020 at 5:00 pm,
        OOTB Jerry says:

        Should make it easy………For Durham and Barr……

        • On August 14, 2020 at 5:02 pm,
          OOTB Jerry says:

          One scapegoat down…..humm….already to plead guilty ….
          https://www.zerohedge.com/political/durham

          • On August 14, 2020 at 5:27 pm,
            cfs says:

            Barr is not trying hard for justice…..He’s going through the motions….minimum effort.

            https://youtu.be/Tp3TKp6QWxU

          • On August 14, 2020 at 5:31 pm,
            OOTB Jerry says:

            Professor…………did you watch the video…..supplied by Chartster……

          • On August 14, 2020 at 5:33 pm,
            OOTB Jerry says:

            Actually, supplied by you…..

      • On August 14, 2020 at 7:19 pm,
        Chartster says:

        Jim M,
        I want to hear your thoughts about ShadowGate.

        • On August 15, 2020 at 4:20 am,
          OOTB Jerry says:

          Ditto…..hummm might be too much to handle…..

          • On August 15, 2020 at 4:26 am,
            OOTB Jerry says:

            Hope you saw, my above note in HUGE LETTERS…. :)…. TO JIMMY
            Wasn’t Jimmy Intel…. 🙂

    • On August 14, 2020 at 5:30 pm,
      OOTB Jerry says:

      HEY CHARTSTER……….better put this one on a hard file, before it is taken down….

      • On August 14, 2020 at 6:51 pm,
        Chartster says:

        There is no way they can stop the info from flowing now.

        I just got through listening to Tore and Patrick on the Pete Santilli show. F’in unbelievable!
        Millie Weaver (the girl that did the interview) was arrested this morning.

        https://youtu.be/bvx65EtVYv

        • On August 14, 2020 at 6:58 pm,
          Chartster says:

          https://youtu.be/bvx65EtVYvM

        • On August 15, 2020 at 4:22 am,
          OOTB Jerry says:

          I heard , over at Farmer Jones, (George Webb connection)…..she was arrested, on some bs charges…

  4. On August 14, 2020 at 12:57 pm,
    Excelsior says:

    Gold wraps ‘insane’ week, worst since mid-March, with loss

    Aug. 14, 2020 3:30 PM ET|By: Carl Surran, SA News Editor

    Gold prices (XAUUSD:CUR) slumped to their first weekly loss in 10 weeks, as strength in U.S. Treasury yields for the week dulled demand for the yellow metal.

    December Comex gold settled -1.1% to $1,949.80/oz., wrapping up a 3.9% decline for the week based on the most-active contract’s settlement last Friday.

    Even more volatile, September silver (XAGUSD:CUR) closed -5.9%, negating yesterday’s 6.7% surge, to $26.09/oz., ending with a 5.3% weekly loss.

    “If one word could be used to describe gold’s price action this week, the best fit would be ‘insane’,” says Lukman Otunuga, senior market analyst at FXTM.

    “We might have gone a little too far too fast, and we believe the market is in need of a pause, a consolidation,” says David Meger, director of metals trading at High Ridge Futures.

    https://seekingalpha.com/news/3605906-gold-wraps-insane-week-worst-since-mid-march-loss?utm_medium=email&utm_source=seeking_alpha&mail_subject=gdxj-gold-wraps-insane-week-worst-since-mid-march-with-loss&utm_campaign=rta-stock-news&utm_content=link-3

  5. On August 14, 2020 at 1:48 pm,
    CFS says:

    London closes and hedge funds close out some long precious metal positions for the weekend….scaredy cats.

    Pento on the general market….
    https://youtu.be/f5wRDx3YGV8?t=53

    Market overpriced…..can Fed afford to keep propping it up ?
    Probably not in the long run……but timing is everything.
    and the Dollar is the key.

  6. On August 14, 2020 at 1:50 pm,
    Matthew says:

    Warren Buffett’s Berkshire Hathaway snapped up Barrick Gold in Q2, sold Goldman Sachs
    https://ca.finance.yahoo.com/news/warren-buffett-buy-barrick-gold-201428776.html

    • On August 14, 2020 at 2:12 pm,
      OOTB Jerry says:

      Beat me….just saw that at kitco….
      https://www.kitco.com/news/2020-08-14/Berkshire-reduces-Wells-Fargo-JPMorgan-Goldman-stakes-adds-Barrick-Gold.html

    • On August 14, 2020 at 2:13 pm,
      OOTB Jerry says:

      Very Interesting…..20.9 million shares……
      Now fireworks will start Monday I bet……..JMO

      • On August 14, 2020 at 2:34 pm,
        Matthew says:

        Barrick is up about 7% in after hours trading so this is probably the news that goes with my very bullish outlook that is based on the charts. It always happens that a story appears to explain away the action that was foretold by the charts.

        • On August 14, 2020 at 2:45 pm,
          OOTB Jerry says:

          Good job……good call…….Just adds fuel to the Bull…..

          • On August 14, 2020 at 3:04 pm,
            Matthew says:

            I’m not yet right about my latest expectations but we will know soon. Millions of people care what Buffett says and does so Monday’s action could get interesting.

            GDXJ:GLD closed the last 6 sessions below “P” but I bet that changes on Monday:
            https://stockcharts.com/h-sc/ui?s=GDXJ%3AGLD&p=D&yr=0&mn=11&dy=0&id=p56191663259

            The miners are finally going to regain their leverage to the metals and it is happening as I said it might a couple of weeks ago: as the metals stall.
            There was evidence of it today as SILJ bottomed versus SLV more than 3 hours before SLV bottomed versus the USD.

          • On August 14, 2020 at 3:20 pm,
            OOTB Jerry says:

            Ditto……..I said…..Monday should be interesting……

          • On August 14, 2020 at 3:22 pm,
            OOTB Jerry says:

            Wait…..I said …Now fireworks will start Monday I bet……..JMO
            I want to make sure I have stated things correctly, the monitors are watching… 🙂

          • On August 17, 2020 at 6:28 am,
            OOTB Jerry says:

            Well, it is Monday…..and gold up a little…..Up. $20 plus

          • On August 17, 2020 at 7:34 am,
            OOTB Jerry says:

            Monday again…..gold up $41…..retract…..

  7. On August 14, 2020 at 2:13 pm,
    cfs says:

    https://www.barchart.com/story/news/89900/us-productivity-rises-73-as-hours-worked-are-nearly-halved

  8. On August 14, 2020 at 4:21 pm,
    cfs says:

    https://gizmodo.com/trump-hints-hes-open-to-pardoning-edward-snowden-1844729546

  9. On August 14, 2020 at 5:35 pm,
    OOTB Jerry says:

    EBO..IRISH…………YOU OUT THERE………if, so……go up and watch the video ShadowGate…
    up under chartster’s and cfs post….

    • On August 17, 2020 at 6:26 am,
      OOTB Jerry says:

      Note…cfs….thinks millie is not a good journalist……

  10. On August 14, 2020 at 5:41 pm,
    CFS says:

    https://pbs.twimg.com/media/Ee7vkoEXoAAXvTT?format=jpg&name=small

  11. On August 14, 2020 at 6:34 pm,
    cfs says:

    How many wats does one need to effectively treat and cure covid-19 ?
    Well, there’s at least THREE the media are NOT talking about……

    https://www.youtube.com/watch?v=6xklE0jTgaw

  12. On August 14, 2020 at 6:34 pm,
    cfs says:

    oops……ways not wats

  13. On August 14, 2020 at 7:57 pm,
    CFS says:

    MAYOR LIGHTWEIGHT FINALLY GETS IT….

    https://news.yahoo.com/42-felony-charges-approved-chicago-223217350.html

  14. On August 14, 2020 at 8:02 pm,
    CFS says:

    https://news.yahoo.com/us-said-federal-agents-seized-183850482.html

    Now Soros ?

  15. On August 14, 2020 at 8:12 pm,
    cfs says:

    https://www.mail.com/news/politics/10105224-trump-endorsement-nyc-police-union.html#.23140-stage-hero1-3

    • On August 14, 2020 at 10:51 pm,
      buzz says:

      Wow, nice to see the motive behind AM Joe’s HO