US Markets, Quadruple Witching Day, Microsoft and Target News, and Oil
With US markets pushing higher to new highs on the back of a slightly more hawkish Fed there are some internals that need to be noted. Joel Elconin, Co-Host of the Benzinga Pre-Market Prep Show joins me for a couple comments on these market internals. We start with the quadruple witching day which is tomorrow and typically results in some noteworthy swings beforehand and possible trend changes. We also discuss Microsoft and Target which just announced share buybacks and an increase in dividends in Microsoft’s case.
Hour 1 – The Key Factors To Drive Market and Metals In Q2
We are now making the turn to Q2. In this hour we discuss the set up for the risk on and risk off trade that has dominated in Q1. Please keep in touch by emailing me at Fleck@kereport.com.
Segment 1 – Fund manager Dana Lyons kicks off the show with a look into the US markets and the fact that volatility remains high.
Segment 2 – David Brady, President of Global Pro Traders is back and has a warning for those in risk on assets. It’s all about liquidity and as we start next week there could be a serious shortage of cash flowing into stocks. Click here to visit the Global Pro Traders website.
Segment 3 – Lobo Tiggre, Editor of the Independent Speculator shares his thoughts on why China is key to future metals moves.
Segment 4 – We get an update on Auryn Resources from the Executive Chairman Ivan Bebek. After just closing an oversubscribed placement we hear how this money will be spent exploring in Peru.