Gold: Overview
EXPECTED MORE US STIMULUS TO DEVALUE THE US DOLLAR, POSITIVELY SUPPORT GOLD: The Trump
administration created the Lost Wages Assistance program in early August after a $600 weekly boost in
unemployment benefits lapsed in July. The new program, which offered $300 a week for up to six weeks, is nearing
its end in many states. The latest development...
● Amazon is the king of e-commerce. It continues to benefit from ongoing lockdowns and a fundamental shift
in how consumers shop. Amazon’s Prime Day is an annual 48-hour retail event where Amazon Prime members
can get deals on laptops, TVs, smartphones, wearables, and more.
● This year’s Prime Day will start 1 minute after midnight on October 13th, 2020.
●...
Apple has announced that its iPhone (on line) event will take place on October 13.
The iPhone 12 lineup, in four different models/sizes, is expected to have a new design with squared-off
edges, four cameras and support for 5G networks. It is supposed to include a new 5.4-inch size and a 6.7-
inch size, the biggest screen ever on iPhones.
Historically speaking,...
● Boeing stock price has been trading for a few months in a sideways channel with a price range of $145 to $180
primarily due to uncertainties over the Coronavirus crisis and issues with its new 737 MAX plane which has
been grounded since early 2019.
● Since last week Boeing stock price started to increase after the US FAA (Federal Aviation Administration)...
American Airlines tried to recover above the mark of 13.00 on Wednesday (October 7) after a revival of hopes
over a potential aid for the airlines despite the recent decision by US President Donald Trump to halt stimulus talks
with the Democrats. After his call to end the stimulus talks with the Democrats, President Trump urged Congress
to extend $25 billion...
Market Opportunity/ Special Report: Tesla Inc. (#TSLA)
Date: October 7, 2020
MID- TERM TREND: UP
Company: Tesla Inc. designs, manufactures and sells high-performance electric vehicles and electric vehicle powertrain
components. Tesla sells more than five fully electric cars, among others, the Model S sedan and the Model X SUV, and the
Model 3 sedan, which is among...
