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Euro Area Treading Water

Euro Area Treading Water

EuroCoin in October indicates a quarterly growth rate of -0.67 (q/q). The Q3 flash estimate for Euro Area GDP was -0.1%. Figure 1: Euro Area GDP growth rate (not AR) (red circle), and EuroCoin (blue line), both q/q (not AR). Source: Banca d’Italia. From CEPR release: In October, €-coin dropped significantly (to -0.67, from -0.18 inSeptember), confirming the […]
“Sell The Rally”

“Sell The Rally”

The sword of Damocles is already starting to fall on the bulls.On September 26, 2023, I published a serious warning on TalkMarkets entitled: “DJIA Trouble Ahead As Thirty-Year T Bond Yield Breaks Above Modified 4.5% Minimum”. On September 21, 2023, the 30-year T bond yield had moved above 4.5% for the first time since 2011. At 4.57% the DDV […]
AUD/USD Price Analysis: Bears Step In After RBA Decision

AUD/USD Price Analysis: Bears Step In After RBA Decision

Image Source: Unsplash The AUD/USD suffered significant losses in Tuesday’s session, reaching a daily low near 0.6400 with a decline of 1.05% and then stabilising around 0.6420. The Reserve Bank of Australia (RBA) hiked rates by 25 bps to 4.35% and left the door open to further increases, but the USD strength is pushing the pair […]
Dell Stock Eyes September Record High As Bullish Bets Grow Ahead Of Quarter Earnings

Dell Stock Eyes September Record High As Bullish Bets Grow Ahead Of Quarter Earnings

Image Source: Unsplash Dell Technologies Inc. (NYSE: DELL) gained more than 3% on Tuesday to trade slightly below $72. The level is a 2-month high from the record $72.16 on September 11, 2023. Dell has been rising amid expectations that recoveries in computer hardware will boost stock.Analysts, including Credit Suisse and Evercore ISI, also expect AI […]
Stellar 3Y Auction Sends Rates To Session Lows

Stellar 3Y Auction Sends Rates To Session Lows

Image Source: Pixabay After last month’s dismal 3Y auction, which priced with one of the highest tails on record, some rates traders had a foreboding sense of deja vu ahead of today’s $48 billion sale of 3-year paper dreading a repeat of October. Luckily, it was not meant to be because after last week’s bondgasm which […]
Even American Consumers Are Driving The Reshoring Trend

Even American Consumers Are Driving The Reshoring Trend

American consumers have spoken.A recent Harris Poll survey found that most people prefer to buy stuff that’s “Made in America.” Even if it costs a bit more. In fact, more than 70% of consumers said they intentionally look for American-made products. And half said they’re willing to pay 10-20% more.Businesses are noticing.And they’re moving their […]
SPY’s Next Big Move: Critical Levels And Cup And Handle Analysis

SPY’s Next Big Move: Critical Levels And Cup And Handle Analysis

Image Source: Pixabay Technical analysis of the chart for SPY.Video Length: 00:02:26More By This Author:LUV Stock On Sale – How To Profit From This Incredible Buying Opportunity ENPH Got Crushed Meta Platforms: An Interesting Opportunity
Updating Airbnb, Fortinet, And Atlassian

Updating Airbnb, Fortinet, And Atlassian

Quarterly reports are rolling in fast and furious. Let’s take a look at 3 more in this article, from Airbnb, Fortinet, and Atlassian.Airbnb (ABNB)There’s been a fair bit of press around New York City’s recently passed “Airbnb Law” that effectively outlaws the business inside city limits. It has certainly affected the stock price some, and […]
Gold’s Roller Coaster: Surprises, Signals, And Speculation In The Precious Metal Market

Gold’s Roller Coaster: Surprises, Signals, And Speculation In The Precious Metal Market

gold monthly (TOS) Fundamentals Gold prices showed relative stability in Friday’s (Nov. 3) trading, following a flurry of activity in response to the morning’s labor market data. This comes at the end of a positive week for the precious metal. The market’s focus had largely been on Wednesday’s Fed Day and the October Jobs Report on […]
5 Hottest ETFs Of The Best Week Of 2023

5 Hottest ETFs Of The Best Week Of 2023

Image Source: Pixabay Overall, ETFs pulled in $16.8 billion in capital last week, taking year-to-date inflows to $361.1 billion. U.S. fixed-income ETFs led the way higher with $13.7 billion in inflows, followed by $4.4 billion in U.S. equity ETFs and $744 million in international ETFs, per etf.com.SPDR Bloomberg 1-3 Month T-Bill ETF (BIL – Free Report), iShares iBoxx USD High […]