runoffelections
2021 started off well for gold. It’s not surprising, as January is usually positive for the yellow metal, but the Georgia runoff results may constitute an additional bullish factor in the longer term. Q3 2020 hedge fund letters, conferences and more Gold Has Begun 2021 Very WellWhat a start to the new year! Gold has begun 2021 very well : as the chart below shows, the price of the yellow metal (London A.M. Fix) increased from $1,891 on December 31, 2020 to $1,947 on January 5, 2021. Should we be surprised? Not at all! Our readers are perfectly aware that January is historically a good month fo...
ValueWalk
Commenting on the ongoing runoff elections in Georgia and today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more The Runoff Elections In Georgia Are At The Center Of AttentionThe major indices are mixed and flat at midday following a choppy but active morning session on Wall Street. The ongoing runoff elections in Georgia are at the center of attention, and while expectations shifted slightly towards a Republican Senate majority, which is considered by most analysts to be more favorable for stocks, the race remains very tight. Global risk a...
ValueWalk
Commenting on the risks of tomorrow’s runoff elections and today’s trading Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more The Risks Of Tomorrow’s Runoff ElectionsEven though the New Year kicked off in a clearly bearish fashion on the street, today’s session hasn’t changed the positive outlook for the year. With the risks of tomorrow’s runoff elections suddenly being very real, a lot of investors reduced their positions today, and despite the Dow’s new all-time high, the year might kick off with a pullback. Real estate stocks, industrials, utilities,...
ValueWalk
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