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Now-Or-Never Monday

Now-Or-Never Monday

Image source: PixabayThe market really needs to cut this recent nonsense out, or my bearish ways are going to get vanquished. We are mashed right up against a major Fibonacci resistance level on the SPY, following the mega-rally on Friday.And on the S&P 500 cash index, we have reached a descending trendline of resistance.More By This Author:Like Water For […]
Macro: Consumer Sentiment – Six-Month Low

Macro: Consumer Sentiment – Six-Month Low

Image Source: PixabayThe trend for consumer sentiment is still higher off the lows in the summer of 2022. But I am concerned about that trend. This month’s preliminary number is 60.4. That is 4 monthly declines in a row and a new six-month low. Additionally, inflation expectations ticked up to 4.4% from 4.2%.  More By This […]
Gold Price Analysis: Hawkish Fed Pushed Gold Further Down, XAU/USD Tested $1,930

Gold Price Analysis: Hawkish Fed Pushed Gold Further Down, XAU/USD Tested $1,930

Photo by Dmitry Demidko on Unsplash Spot gold prices saw further downside on Friday as investors pivoted on Fed remarks. The Fed appeared to be more hawkish than market participants believed last week. The US dollar and US Treasury yields saw gains for the week while gold swooned. XAU/USD prices were seen testing towards the downside on Friday, edging towards the […]
What Could Go Wrong? – Saturday, Nov. 11

What Could Go Wrong? – Saturday, Nov. 11

Exploring federal budget data is a journey through endless rabbit holes, some of which are eerily close to Alice in Wonderland insanity. Countless variables interact in unexpected ways. Seemingly small changes can cascade into billions of dollars within a few years.Another problem is the “unknown unknowns,” as Don Rumsfeld famously dubbed wartime surprises. We don’t know what […]
The Stagflation Storm: A Comprehensive Look At The Emerging Signs Of Recession

The Stagflation Storm: A Comprehensive Look At The Emerging Signs Of Recession

Image Source: PixabayIn this short video, we discuss the dynamics of the current economic environment, focusing on the impact of oil market trends and global geopolitical tensions on market growth and inflation. We explore how robust labor markets and strong wages contribute to sustained high inflation, hindering the Federal Reserve’s ability to respond effectively.The conversation also delves […]
Optimize Your Portfolio Review

Optimize Your Portfolio Review

Image Source: PixabayI’ll grant you that reviewing one’s portfolio isn’t exciting. It can be tedious, honestly. However, if this process is skipped, you may be unaware of key events and information. You could end up with rock bottom stock prices, or dividend cuts could take you completely by surprise.I cannot stress enough that you should never make a trade based solely on short-term performance. While […]
Farfetch Turns Richemont Blessing Into A Curse

Farfetch Turns Richemont Blessing Into A Curse

For Compagnie Financiere Richemont, not all that glitters is gold. The $65 billion owner of jeweler Cartier finally agreed to sell a portion of its struggling digital arm, Yoox Net-A-Porter, to high-end online marketplace Farfetch in August 2022. At the time, it looked like a savvy fix. But now, Farfetch’s slumping performance means the bling conglomerate could […]
Week Ahead: Will Softer US Price Pressures And Weakness In Retail Sales Weigh On The US Dollar And Rates?

Week Ahead: Will Softer US Price Pressures And Weakness In Retail Sales Weigh On The US Dollar And Rates?

The recent dollar gyrations seem tightly linked to US rates. The FOMC meeting and October jobs report saw the two-year Treasury yield drop 17 bp, and the dollar was taken broadly lower. Indeed, against several currency pairs, it approached three standard deviations below its 20-day moving average.What seemed like a mild adjustment to the over-extended […]
3 Top-Ranked Stocks Suited For Growth Investors

3 Top-Ranked Stocks Suited For Growth Investors

Image: BigstockGrowth investing has made a big comeback this year among investors, with many high-flying names enjoying positive price action throughout the period. Still, it’s critical to note that growth investing is commonly volatile by nature, perhaps steering away those with a more conservative approach.The style is centered around targeting companies expected to grow their […]
Week In Review: Eccogen Out-Licenses GLP-1 Agonist To AstraZeneca In $2 Billion Deal

Week In Review: Eccogen Out-Licenses GLP-1 Agonist To AstraZeneca In $2 Billion Deal

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: Unsplash Deals and Financings Eccogene, a Shanghai-Boston biotech, out-licensed global rights (ex-China) for its novel small molecule GLP-1 agonist to AstraZeneca (AZN) in a $2 billion blockbuster deal (see story). Eccogene will receive $185 […]