Call Put Strike Financial News & Insights gives listeners a weekday digest of the financial markets along with key insights into a daily topic of interest across business, financial markets, and other relevant investing and personal finance topics.
The team at Call Put Strike digs deep into the numbers behind global business, Wall Street, and the financial markets of the world each day to deliver the news and stories that matter most. Curating leading publications and developing our own hard-hitting Journalism, we strive to be the world’s source of business and financial markets news.
Tauros.io Partners With Dash To Launch First Visa Cryptocurrency Debit Card In México | Markets Brace For Jobs Report & Tech Continues 5-Day Rally – Daily Financial News Summary For August 6, 2020
Markets Brace For Jobs Report & Tech Continues 5-Day Rally – Daily Financial News Summary For August 6, 2020
Thursday saw a late surge in tech, which we’ll get to in a minute, but first, the Dow Jones rose 0.7%, the Nasdaq climbed 1%, and the S&P 500 was up 0.6%. The Stoxx Europe 600 Index lost 0.7%.
The tech industry continued to charge today with Apple reaching another record high and being up 3.5%, while Facebook rallied 6.5% higher, Netflix and Alphabet both closed 1% higher. Microsoft also saw a 1.6% gain.
Gold climbed above $2,050 an ounce in a fifth straight day of gains and finished the day 1.2% higher to settle at $2,061.90 an ounce. Meanwhile, the West Texas Intermediate crude fell 0.4% to $42.03 a barrel. Copper fell 0.1% to $2.9135 per pound.
The first major professional golf tournament of the year kicked off in San Francisco at TPC Harding Park. It is the PGA Championship and as we publish Thursday evening, Jason Day sits alone atop the leaderboard at -5, while nine players are tied at -4 in second place. A few players were still out on the course.
The big news for Friday is the July U.S. jobs reports which are expected.
https://callputstrike.com/2020/08/06/markets-brace-for-jobs-report-tech-continues-5-day-rally-daily-financial-news-summary-for-august-6-2020/ (https://callputstrike.com/2020/08/06/markets-brace-for-jobs-report-tech-continues-5-day-rally-daily-financial-news-summary-for-august-6-2020/?utm_source=mailpoet&utm_medium=email&utm_campaign=markets-brace-for-jobs-report-and-crypto-s-first-visa-debit-card_49)
Crypto Exchange Tauros.io Partners With Dash To Launch First Visa Crypto Debit Card In México
There is good news for Latin America crypto users following Tauros.io cryptocurrency exchange’s partnership with Dash (https://www.cryptonewspoint.com/dash-partners-with-tauros-to-release-the-first-crypto-visa-debit-card-in-latin-america/) to launch Visa cryptocurrency debit cards. Initially, the Visa crypto debit cards will be available to Mexican users only.
New crypto Visa debit card in Mexico
Latin America has been leading in championing the adoption of cryptocurrency, and it seems the efforts are bearing fruits. Dash and Tauros, which operate in digital asset services, have partnered to facilitate the launch of the first-ever crypto debit card in the region. For Tauro’s customers in Mexico, they can now spend Bitcoin, Dash, or any other cryptocurrency in various stores across the country that accept Visa cards.
https://callputstrike.com/2020/08/06/crypto-exchange-tauros-io-partners-with-dash-to-launch-first-visa-crypto-debit-card-in-mexico/ (https://callputstrike.com/2020/08/06/crypto-exchange-tauros-io-partners-with-dash-to-launch-first-visa-crypto-debit-card-in-mexico/?utm_source=mailpoet&utm_medium=email&utm_campaign=markets-brace-for-jobs-report-and-crypto-s-first-visa-debit-card_49)
5 Aug 2020
ETFs To Watch In Biotech And Healthcare Sectors | ADP Private Payroll Report Disappoints & Disney Climbs – Daily Financial News Summary For August 5, 2020
ADP Private Payroll Report Disappoints & Disney Climbs – Daily Financial News Summary For August 5, 2020
Wednesday kept things in the green as the Nasdaq advanced 0.4%, the S&P 500 was up 0.6%, and the Dow Jones rose 1.4% and hit a 4-day winning streak. The Stoxx Europe 600 Index gained 0.5%. The yield on 10-year Treasuries added four basis points to 0.54%.
While our after-hours reporting showed Disney remaining flat, today, the shares saw a 8.8% gains.
Another gainer for Wednesday was Novavax, whose shares popped 10.4% after the company reported phase one vaccine trial results that demonstrated a positive immune response among patients.
More good news on the fight against COVID-19 came from Johnson & Johnson when they announced they struck a $1 billion deal with the U.S. government to manufacture 100 million doses of its coronavirus vaccine candidate if it proves successful. As a result, their shares rose 0.8%.
https://callputstrike.com/2020/08/05/adp-private-payroll-report-disappoints-disney-climbs-daily-financial-news-summary-for-august-5-2020/ (https://callputstrike.com/2020/08/05/adp-private-payroll-report-disappoints-disney-climbs-daily-financial-news-summary-for-august-5-2020/?utm_source=mailpoet&utm_medium=email&utm_campaign=biotech-etfs-to-watch-and-adp-payroll-report-disappoints_48)
Defiance Nasdaq Junior Biotechnology ETF And ALPS Medical Breakthroughs ETF: ETFs To Watch In Biotech And Healthcare Sectors
Defiance Nasdaq Junior Biotechnology ETF (NASDAQ:IBBJ) is the latest addition as Exchange Traded Funds continue to elicit strong demand, given the strong bullish momentum in the equity market. With investments in the equity market edging high amid growing concerns over an extended stock market, the ETF seeks to provide targeted exposure to the biotech space that has been doing exceedingly well amid the disruptions fuelled by COVID-19 pandemic.
https://callputstrike.com/2020/08/05/defiance-nasdaq-junior-biotechnology-etf-and-alps-medical-breakthroughs-etf-etfs-to-watch-in-biotech-and-healthcare-sectors/ (https://callputstrike.com/2020/08/05/defiance-nasdaq-junior-biotechnology-etf-and-alps-medical-breakthroughs-etf-etfs-to-watch-in-biotech-and-healthcare-sectors/?utm_source=mailpoet&utm_medium=email&utm_campaign=biotech-etfs-to-watch-and-adp-payroll-report-disappoints_48)
4 Aug 2020
JPMorgan Strategists Warn Of Imminent Stock Market Correction | Disney Reports Results & Markets Optimistic On COVID-19 Stimulus - Daily Financial News & Insights For Tuesday, August, 4, 2020
How to Choose A Student Credit Card: https://callputstrike.com/2020/08/04/how-to-choose-a-student-credit-card/ (https://callputstrike.com/2020/08/04/how-to-choose-a-student-credit-card/)
Market Optimism On Second COVID-19 Stimulus Plan – Daily Financial News Summary for August 4, 2020
The winds are howling on Wall Street today as Tropical Storm Isaias made its way up the east coast today. Unrelated, but the markets did blow higher with the Dow Jones up 0.6%, the S&P 500 up 0.36%, while the Nasdaq climbed 0.35% to another record close. Stoxx Europe 600 Index fell 0.1%. The euro rose 0.3% to $1.1801.
Some of the positivity in the markets came from developments in the next stages of COVID-19 stimulus packages. Mitch McConnell is supposedly “prepared to support” a coronavirus relief agreement when one is reached between the White House and the dems. The $600 per week federal unemployment benefits and a moratorium on federally backed housing have both expired, as we reported on yesterday (https://callputstrike.com/2020/08/03/u-s-households-staring-at-harsh-times-as-600-unemployment-benefit-expires/).
Disney announced earnings after the bell Tuesday, and earnings per share outperformed at 8 cents compared to the expected loss of 64 cents, according to Refinitiv. Additionally, they announced that they now have over 100 million paid subscribers on their streaming services, which include Disney+, Hulu, and ESPN+. As many expected, park closures impacted revenues significantly. Shares saw little movement on the results.
What would Tuesday be without tech? Apple climbed 0.6%, but Netflix gained 2.2% and Amazon was up 0.87%. Alphabet fell 0.6% and Facebook slipped 0.85%.
https://callputstrike.com/2020/08/04/market-optimism-on-second-covid-19-stimulus-plan-daily-financial-news-summary-for-august-4-2020/ (https://callputstrike.com/2020/08/04/market-optimism-on-second-covid-19-stimulus-plan-daily-financial-news-summary-for-august-4-2020/)
JPMorgan Strategists Warn Of Imminent Stock Market Correction
A stock market correction is imminent.
Those are sentiments shared by strategists at JPMorgan.
According to the strategists, the correction could come calling in the next few weeks as a plethora of weak economic data, continue to raise concerns. Payroll data, employment reports, and retail sales in the coming days are some of the releases that could trigger the correction.
“Some misgivings are justified given a macro backdrop that is becoming muddied, but not muddied enough to justify bearish targets or a defensive investment strategy,” say, strategists, led by John Normand, in a note.
https://callputstrike.com/2020/08/04/jpmorgan-strategists-warn-of-imminent-stock-market-correction/ (https://callputstrike.com/2020/08/04/jpmorgan-strategists-warn-of-imminent-stock-market-correction/)
Reach and audience
Public platform figures. Ratings count people who left a rating, not total listeners.
Apple Podcasts (US)
5.0 / 5
3 ratings
Contact Call Put Strike - Financial News & Insights
Guest appearances
Does not typically book guests
Based on episode analysis; this does not confirm that the show is currently accepting guests.
Host of Call Put Strike - Financial News & Insights?
Claim your podcast to manage its listing and keep your show details accurate.
Pod Engine is an independent podcast discovery and analytics service and is not affiliated with or endorsed by this podcast. Artwork and show content belong to their owners. Full legal notice.
Explore this show Podcast research with Pod Engine
