October 2023 - Page 46 of 71 -

Asia Open: There’s A Price To Pay For Strong Economic Data

Oct 25, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashMARKETSUS stocks are experiencing a clear downward trend on Wednesday due to lacklustre cloud results from GOOGL and a surge in interest rates, prompted by an unexpectedly robust housing report and a “tailing” five-year sale.For anyone seeking a break from the tumultuous roller coaster ride in the US bond market, Wednesday’s developments likely left […]

Markets Are Back To The Volatility Hurt Locker

Oct 25, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash1. The markets have returned to a state known as the “Volatility Hurt Locker”, characterized by intense fluctuations, as indicated by the S&P 500’s recent decline by about 53 handles. 2. A significant market level, 4211 in the S&P futures, is considered pivotal; trading below this number has historically resulted in high volatility and […]

Top 6 Nasdaq Short Squeeze Play Stocks

Oct 25, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay On May 11 of this year, I posted an article about NYSE short squeeze stocks and pointed out Carvana (CVNA). In less than a month after the article was posted, the stock doubled. The stock is still up over 145% since then.Another stock that was mentioned was Wayfair (W), which increased by almost 43% in […]

Is There Still Hope For Walgreens’ 9% Dividend Yield?

Oct 25, 2023 Jeremy Parkinson Finance 0

Walgreens Boots Alliance (Nasdaq: WBA) boasts an enormous 9% yield. But it’s not because management is overly generous with the dividend. It’s because the stock has gotten hammered over the past two years.On top of that, the company’s free cash flow has practically disappeared.So… can it maintain such an attractive dividend?During the pandemic, Walgreens’ free cash […]

Stocks And Precious Metals Charts – Stocks Took A Dive

Oct 25, 2023 Jeremy Parkinson Finance 0

Stocks took a dive today, finishing off near the lows.VIX rose.The Dollar climbed a little higher.Gold rallied a bit while silver flattened after a big intraday drop.The US apparently has persuaded Israel to hold off on their invasion of Gasa in order to allow the US to deploy more missile defense systems ‘to protect US […]

Good Data Isn’t Enough

Oct 25, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels Good economic data isn’t enough. You need a good economic framework for that data.Video Length: 00:00:57More By This Author:Are The Chinese Selling Dollars To Buy Gold? War Wakes Gold Up The Illusion Of Prosperity

New Home Sales Jump 12.3 Percent Smash Expectations

Oct 25, 2023 Jeremy Parkinson Finance 0

New Home Sales data from Commerce Department, chart by MishExpectations vs Reality The Econoday consensus was for new home sales for September to be 685,000 at a Seasonally Adjusted Annualized Rate (SAAR). That was an expected jump of 9,000 (about 1.3 Percent). The Commerce Department reports new home sales at 759,000 SAAR. That’s a jump of 12.3 […]

IBM Q3 Earnings Surpass Estimates

Oct 25, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash IBM (IBM – Free Report) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.77%. A quarter ago, it was expected […]

Market Talk – Wednesday, Oct. 25

Oct 25, 2023 Jeremy Parkinson Finance 0

ASIA:China plans to implement a new round of fiscal stimulus to support its economic recovery, utilizing a well-established strategy that relies heavily on debt and state spending. This approach lacks the more profound reforms suggested by a growing number of analysts. Some government advisers propose raising the 2024 budget deficit target beyond the current 3% […]

Meta Jumps After Beating Estimates, Cuts Expense & CapEx Guidance, Sees Metaverse Losses Rising “Meaningfully”

Oct 25, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Following up on our preview of hedge-fund darling Meta’s Q3 earnings, we note that the last few months have been quite positive for the company: last quarter Meta rebounded from a digital ad slump, beating expectations and hitting double-digit revenue growth for the first time in 18 months. Expectations will be high after the […]