Archives by Month:

Archives by Year:

Real Estate Faces Major Resistance, Posing Questions On The Continued Ascent

Real Estate Faces Major Resistance, Posing Questions On The Continued Ascent

Image Source: UnsplashHow much longer can this beast fly higher? I’m thinking not much longer. Look at the trendlines I’ve drawn on the symbol below, IYR. Major resistance is coming up quickly.More By This Author:Diverging Paths: Dow Hits Record High, While China’s Equity Market CrumblesGeneral Motors: A Second Chance For Shorting Opportunity Amid Overhead Supply UiPath About […]
This Range Reversal Could Be Your Biggest Win Of The Month

This Range Reversal Could Be Your Biggest Win Of The Month

Image Source: PexelsOne day left of November, let’s finish strong!Markets are bullish overall, but this “range rotation” tells us to look for BULL TRAPS ahead of a reversal tomorrow!Emini and Nasdaq are still bullish overall, but this “pendulum swing” off weekly highs is hard to ignore!Let’s use this **Pop & Grind* Channel to find some bull […]
GBP/USD Attracts Some Buyers Near 1.2700, US PCE Data Looms

GBP/USD Attracts Some Buyers Near 1.2700, US PCE Data Looms

Image Source: Unsplash GBP trades in a positive territory for the third consecutive week under 1.2700. US economy grew to 5.2% in Q3 from the previous reading of 4.9%, above the market consensus of 5.0%. BoE Governor Bailey said the central bank will do what it takes to bring inflation down to its 2% target. US […]
Metals Report For Wednesday, November 29

Metals Report For Wednesday, November 29

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:08:15More By This Author:SPDR ETF Report For Tuesday, November 28Financial Markets Report For Tuesday, November 28Metals Report For Tuesday, November 28
Interest Rate Cuts On The Horizon: 3 Stocks Primed To Benefit

Interest Rate Cuts On The Horizon: 3 Stocks Primed To Benefit

Image Source: UnsplashWith inflation easing, and both the economy and labor market remaining robust, the macroeconomic picture is enjoying some long-awaited clarity. Now that economists are beginning to expect a more regular economic picture, investors can soon expect interest rates to regulate as well.The Federal Reserve pushed interest rates up by 500 basis points, in the […]
Markets Mixed As November Trading Nearly Over; CRM, SNOW Beat; PVH Mixed

Markets Mixed As November Trading Nearly Over; CRM, SNOW Beat; PVH Mixed

Image Source: PixabayMarket indices closed at or near session lows today, in what was a mixed overall day. We looked good in the morning hours, but slowly saw gains erode away by late afternoon. The Dow closed higher, +13 points or +0.04%, while the S&P 500 slipped a mere 4 points, -0.095%. The Nasdaq was the […]
Blackstone Is Buying Rover Group At A Big Premium

Blackstone Is Buying Rover Group At A Big Premium

Image Source: Nick Youngson CC BY-SA 3.0 Alpha Stock Images Blackstone Inc values each share of Rover Group at $11. It expects the deal to complete in the first quarter of 2024. Rover Group stock jumped a whopping 30% on Wednesday. Rover Group Inc. (ROVR) jumped nearly 30% on Wednesday after Blackstone Inc. (BX) said it will buy […]
Diverging Paths: Dow Hits Record High, While China’s Equity Market Crumbles

Diverging Paths: Dow Hits Record High, While China’s Equity Market Crumbles

Image Source: PixabayWell here’s quite the contrast. Below is the DIA (the Dow Industrials), which is at the highest price level in the history of the universe.And here is China, by way of the symbol FXI, which continues to crumble and is worth HALF, yes HALF, what it was at the start of last year.China’s economy, by the way, has blown […]
Current Analysis: Northwest Bancshares

Current Analysis: Northwest Bancshares

Image Source: UnsplashNorthwest Bancshares Inc. (NWBI) is a stockholding company for Northwest Bank.Northwest Bank is a stock savings bank and a community-oriented financial institution offering personal and banking business solutions, investment management, trust services, and insurance products.It also offers consumer finance loans through a wholly-owned subsidiary. The bank’s loan portfolio segment consists of personal banking and […]
Sentiment Down 46%, Confidence Down 25% Relative To Pandemic Eve

Sentiment Down 46%, Confidence Down 25% Relative To Pandemic Eve

And sentiment down 21% relative to Biden’s start, confidence up 13%.Figure 1: University of Michigan Sentiment Index (blue), and Conference Board Confidence Index (tan). NBER defined peak-to-trough recession dates shaded gray. Source: University of Michigan via FRED, Conference Board via investing.com, and NBER. Why do the two series differ? As shown in this post, in a mechanical sense, […]