>>>ASK JEFFRY ANYTHING ABOUT GOLD — LIVE at 2 p.m. ET TODAY!<<<
The market got some juice this morning on the heels of the latest Retail Sales data, which was much better than expected.
Retail Sales — consumer spending makes up about two-thirds of the U.S. economy — rose 1.0% versus expectations of 0.3% for the month of July.
Jobless claims also fell about 7,000 to 227,000, but this number hasn’t changed much in a long time.
Along with strong retail sales, Walmart (WMT) is also surging, up over 8% on earnings.
For tech stocks, Cisco Systems (CSCO) is also up over 8% on the heels of strong earnings.
Crude oil is pinched between major moving averages, so I think it will be in the twilight zone for a while. I would be very careful here…
Gold is above its eight-day moving average, and I like how it’s building an ascending triangle — I even have a couple of stocks to share…
I’ll cover all that, my daily hitlist of longs and shorts and more in this morning’s “Premarket Must Watch” video!
Roger Scott
Roger Scott Trading
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P.S. Ask Jeffry ANYTHING About Gold!
Since gold has been going nuts lately and reaching all-time highs due to economic turmoil…
A lot of people are wondering what to expect going forward.
So, Jeffry Turnmire is going live at 2 pm ET TODAY, Aug. 15, to hold an “Ask Me Anything About Gold” live session…
And he’ll do his best to provide answers..
PLUS, he’ll reveal his No. 1 gold miner stock pick that’s currently up TRIPLE DIGITS…
Jeffry believes it could still be poised to outperform gold by five times or more!
Granted, we cannot promise future profits or shield against losses but…
You can attend his special “Ask Me Anything About Gold” session by following the link below!
