$Endeavour Silver(EXK)$ $iShares Gold Trust(IAU)$ $FedEx(FDX)$ $General Mills(GIS)$ 

πŸŽ―πŸ“‰πŸŽ―πŸ“ˆ FED Week Frenzy: Gold, Silver & Miners Soar Amid Key Earnings!πŸŽ―πŸ“‰πŸŽ―πŸ“ˆπŸŽ―

Kia ora Tiger traders!

It’s Fed Week, and the markets are heating up! With Gold and Silver surging, plus some major earnings reports on deck, there’s no better time to get ready for action. β˜•πŸ“ˆ

Key Events This Week:

πŸ“… Tuesday – August Retail Sales Data

πŸ—οΈ Wednesday – August Building Consents Data

πŸ’Έ Wednesday – Fed Interest Rate Decision

πŸ“’ Wednesday – Fed Press Conference

🏭 Thursday – Philly Fed Manufacturing Index

🏘️ Thursday – August Existing Home Sales Data

🟑 Gold Update: Rally Before the Fed Decision

πŸ”₯ Gold futures (GCmain) are currently at 2606.2, climbing 0.99%, as traders flock to the safe-haven metal ahead of the Fed’s decision. Concerns over geopolitical tensions and inflation continue to push gold higher.

πŸ’‘ Silver Surge: China Demand, Weak Dollar & Fed Speculation

πŸ”₯ Silver futures (SIMAIN) have jumped to 31.065, a 3.18% increase for the day.

This is powered by:

   β€’   China’s increased silver consumption for solar panels and EV production.

   β€’   A weaker US dollar as expectations grow for a larger Fed rate cut this month.

πŸ’₯ Reuters reports that silver miners are also tracking this rise:

   β€’   Endeavour Silver Corporation (EXK) rose by 2.54%

   β€’   Spot silver climbed to 30.68/oz amid these bullish trends.

πŸ“ˆ Chart Check: Silver & EXK Bullish Momentum

πŸ“Š Silver is aiming for 31.50 and could potentially break through to 32.00 if momentum continues.

πŸ’‘ Endeavour Silver (EXK) is currently trading at 3.60, showing strong bullish momentum on the 4-hour chart. The expanding Keltner Channels and Bollinger Bands signal further upside. Keep an eye on resistance at $3.80.

Earnings to Watch This Week πŸ“Š:

Here’s the lineup of key earnings releases you don’t want to miss:

Monday:

      β€’   IPA 🧬 (ImmunoPrecise Antibodies)

      β€’   HITI πŸƒ (High Tide)

      β€’   RFIL πŸ“‘ (RF Industries)

      β€’   VNCE πŸ‘— (Vince Holding)

Tuesday:

      β€’   FERG πŸ› οΈ (Ferguson)

Wednesday:

      β€’   GIS πŸ₯£ (General Mills)

      β€’   SCS πŸͺ‘ (Steelcase)

      β€’   SANG πŸ“ž (Sangoma Technologies)

Thursday:

      β€’   DRI 🍽️ (Darden Restaurants)

      β€’   FDX 🚚 (FedEx)

      β€’   FDS πŸ’» (FactSet Research Systems)

      β€’   LEN 🏑 (Lennar)

      β€’   CBRL πŸ₯ž (Cracker Barrel)

      β€’   MLKN πŸͺ‘ (MillerKnoll)

Friday:

      β€’   TBN β›½ (Tamboran Resources)

πŸ’Ό Key Focus:

   β€’   FedEx (FDX) πŸš› will be a major watch, especially with rising fuel costs impacting shipping margins.

   β€’   General Mills (GIS) πŸ₯£ may face challenges with inflation hitting commodity prices, will they manage to maintain their profit margins?

🧐 Tiger Traders, What’s Your Play?

Are you riding the silver wave 🌊 with me in $EXK?Share your trading strategies below! πŸ’¬πŸ‘‡

What’s the best strategy for trading silver miners like EXK and silver futures during volatile weeks like this? Should we expect silver to continue its rally post-Fed@TigerGPT 

Happy trading ahead. Cheers, BC πŸ€

@Tiger_comments @TigerStars @TigerPicks @Daily_Discussion

# How Will Fed's Rate Cut Affect Your Life?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • TigerGPT
    Β·09-16
    TOP

    Here is the latest information for the stocks you mentioned:

    Endeavour Silver (EXK):

    Stock Price: $3.69 USD  

    Trading Volume: 8.47 million shares  

    Analyst Recommendation: 4 buy, 1 hold  

    52-Week Range: $1.42 - $5.02 USD  

    Market Cap: $907.81 million USD  

    Earnings per Share (TTM): -$0.07 USD  

    More information: Endeavour Silver Stock Overview  

      

    iShares Gold Trust (IAU):

    Stock Price: $48.80 USD  

    Trading Volume: 4.38 million shares  

    Analyst Recommendation: Not available  

    52-Week Range: $34.35 - $48.85 USD  

    Market Cap: $30.60 billion USD  

    Earnings per Share (TTM): $7.63 USD  

    More information: iShares Gold Trust Stock Overview  

      

    FedEx (FDX):

    Stock Price: $286.38 USD  

    Trading Volume: 1.14 million shares  

    Analyst Recommendation: 7 recommend, 16 buy, 8 hold, 1 underperform  

    52-Week Range: $224.69 - $313.84 USD  

    Market Cap: $70.15 billion USD  

    Earnings per Share (TTM): $17.21 USD  

    More information: FedEx Stock Overview  

      

    General Mills (GIS):

    Stock Price: $73.71 USD  

    Trading Volume: 3.01 million shares  

    Analyst Recommendation: 1 recommend, 2 buy, 18 hold  

    52-Week Range: $60.33 - $75.90 USD  

    Market Cap: $41.03 billion USD  

    Earnings per Share (TTM): $4.31 USD  

    More information: General Mills Stock Overview  

      

    Please note that the stock prices and other indicators are subject to change as the market fluctuates. It's important to conduct thorough research and consider your investment goals before making any trading decisions.

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    • Barcode:Β 
      Thanks TigerGPT, any recent news for Silver or $EXK? Cheers, BC πŸ€
      09-16
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    • TigerGPTReplying toBarcode:Β 

      Here are some recent news articles related to Silver and Endeavour Silver (EXK):

      MCX Live Silver Prices | MCX Silver Live Charts | MCX Silver Live Rates: This website provides live silver prices, charts, and information about the MCX (Multi Commodity Exchange) Silver market.

        

      Silver Prices: How Much Is Silver Bullion Per Troy Ounce/KG?: This article discusses the current silver prices and the main factors that influence silver prices, including natural and economic factors.

        

      Please note that the news articles mentioned above provide general information about silver and might not be specific to Endeavour Silver. For more detailed news and updates on Endeavour Silver, I recommend checking financial news platforms or the company's official website.

      Happy trading!

      09-16
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  • Tui Jude
    Β·09-16
    TOP

    A great line up and update for key events, earnings and the Fed. Silver and Gold look like the Golden Tickets! Thanks BC πŸ’•

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    • Barcode:Β 
      Thanks TJ! I’m hope AG & AU are winners! Cheers, BC πŸ€
      09-16
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  • Kiwi Tigress
    Β·09-16
    TOP

    Great write up BC! All eyes on Gerome! Yay for $Endeavour Silver(EXK)$ Silver is Gold! πŸ”₯πŸ’š

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    • Barcode:Β 
      Thanks KT, yes everyone is waiting in anticipation for the Fed announcement on Wednesday! Meanwhile I’m excited to see how Silver and Gold track. Cheers, BC πŸ€
      09-16
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    • Barcode:Β 
      Thanks KT, yes everyone is waiting in anticipation for the Fed announcement on Wednesday! Meanwhile I’m excited to see how Silver and Gold track. Cheers, BC πŸ€
      09-16
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  • Tui Jude
    Β·09-16
    TOP

    Great write up BC!

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    • Barcode:Β 
      Thanks TJ, it’s a huge week! Cheers, BC πŸ€
      09-16
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