If positive trade comments are not moving markets are investors finally exhausted by headlines?

August 25, 2020

Joel Elconin joins me today to comment on the optimistic comments out of the US and China regarding the Phase 1 trade deal and it’s progress. Although China is seriously lagging on it’s commitments in the deal both parties said it is still in tact. While these are just comments the markets don;t seem to care. This is part of a bigger narrative for the markets.

We also discuss the Dow vs S&P in terms of how they are composed and why one is better to follow than the other. As well as the continued lack of breadth for the markets.

Click here to visit the Benzinga website and listen to the recordings of Joel’s Pre-Market Prep Show.

    Aug 25, 2020 25:43 AM

    China NEEDS the grain imports after their loss due to floods.

    Aug 25, 2020 25:36 PM

    (MQR) (MRQRF) Monarch Gold Corporation Announces Upsize to Previously Announced Bought Deal Private Placement of Flow-Through Units to C$10 Million

    by @newswire on 25 Aug 2020

    Aug 25, 2020 25:31 PM

    I haven’t seen this much financing of mining in the last 30 years…..there must be 20 companies a day raising money. A pity so many stupidly give warrants.

      Aug 25, 2020 25:03 PM

      Yes, most mining companies now give away warrants with their financing raises now. One of the few that didn’t recently was (MAI) Minera Alamos, and President Doug Ramshaw said he “was ready to die on that hill…” of not having warrants attached.

        Aug 26, 2020 26:28 AM

        Good details ………JMO