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Large-Cap Stocks Continue To Lead US Equity Factors In 2023

Large-Cap Stocks Continue To Lead US Equity Factors In 2023

Large-cap shares remains on track to dominate US equity factor performance for 2023, based on a set of ETFs through Wednesday’s close (Oct. 25). Within the large-cap space, technology shares are the driving force behind the outperformance.FreepikYear-to-date factor results are currently led by two upside outliers: large-cap growth (IVW) and quality (QUAL). Each fund is currently […]
Profit, Politics, And Petroleum: Making Sense Of The Oil Industry

Profit, Politics, And Petroleum: Making Sense Of The Oil Industry

Good energy policy starts with a good understanding of energy issues. But both major political parties have glaring blind spots when it comes to understanding the energy sector.FreepikLet me preface this column by noting that I am a registered Independent. I have major disagreements with both political parties, and I strive to approach issues from […]
New Home Market Cap Closing In On Housing Bubble Peak

New Home Market Cap Closing In On Housing Bubble Peak

Political Calculations’ initial estimate of the market capitalization of new homes sold during the month of September 2023 is $30.62 billion. That figure is less than half a billion away from the nominal (non-inflation adjusted) peak of $31.05 billion that was reached in August 2005.FreepikWhile this figure will be revised over the next several months, […]
Bitcoin Commentary, Thursday, Oct. 26

Bitcoin Commentary, Thursday, Oct. 26

Freepik ETF FeverBitcoin (BITCOMP) prices continue to push higher this week with BTC futures now trading at 17-month highs. The driver behind the move is the ongoing speculation regarding potential SEC ETF approval. BTC bulls have been bolstered recently by the SEC’s decision not to appeal against a court ruling in favor of Grayscale’s ETF application. […]
The Commodities Feed: Operational Issues Tighten Copper Supply

The Commodities Feed: Operational Issues Tighten Copper Supply

Some of the major copper producers in the Americas have downgraded their copper production target for this year and next due to operational issues. Lower supply along with optimism around a revival in Chinese demand could support copper prices although broader economic concerns persist.Freepik Energy: EIA reports inventory gain for the weekICE Brent has been trading […]
Eurozone Commentary, Thursday, Oct. 26

Eurozone Commentary, Thursday, Oct. 26

FreepikECB In FocusThe Euro is trading lower today ahead of the October ECB meeting in a few hours’ time. The market is widely expecting the bank to keep rates on hold though, on the back of recent stickiness in inflation, the bank is expected to retain a hawkish tone its guidance. Indeed, speaking in Greece […]
Day Chart Elliott Wave Technical Analysis: Australian Dollar / Japanese Yen, Thursday, Oct. 26

Day Chart Elliott Wave Technical Analysis: Australian Dollar / Japanese Yen, Thursday, Oct. 26

AUDJPY Elliott Wave Analysis Trading Lounge Day Chart, Thursday, Oct. 26UnsplashAustralian Dollar / Japanese Yen (AUDJPY) Day ChartAUDJPY Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsiveStructure: blue wave 3 of CPosition:  Black wave CDirection Next Higher Degrees: blue wave 4 of C  Details: red wave 2 of 3 completed between fib level 61.80 to 78.60. Now red […]
4 Hour Chart, Elliott Wave Technical Analysis: Australian Dollar / Japanese Yen, Thursday, Oct. 26

4 Hour Chart, Elliott Wave Technical Analysis: Australian Dollar / Japanese Yen, Thursday, Oct. 26

AUDJPY Elliott Wave Analysis Trading Lounge 4 Hour Chart, Thursday, Oct. 26UnsplashAustralian Dollar / Japanese Yen(AUDJPY) 4 Hour ChartAUDJPY Elliott Wave Technical AnalysisFunction: Counter TrendMode: impulsiveStructure: red wave 3 of blue wave 3Position:  Black wave CDirection Next lower Degrees: wave (3 of C) started  Details: red wave 2 of 3 completed between fib level 61.80 to […]
Daily Market Outlook, Thursday, Oct. 26 
                    
 
 
 
 
 

Daily Market Outlook, Thursday, Oct. 26          

FreepikAsiaAsian stocks experienced a decline, reaching 11-month lows, while U.S. futures also dropped. The surge in the dollar and rising Treasury yields contributed to the downturn, amidst concerns that U.S. interest rates will remain high. The MSCI’s broadest index of Asia-Pacific shares outside Japan fell by 1.5%, and Japan’s Nikkei saw a 2% decline, with […]
Market Briefing For Thursday, October 26

Market Briefing For Thursday, October 26

A French payment payer, plunging. That was a big financial story today and of course then the META results after the Close, which beat expectations. The shares were up and then some profit-taking but holding gains.FreepikIt matters as a key component of the modern version of the ‘nifty 50’ (FANG or ‘Mag. Seven). Meta did talk […]