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DE Double Bottom; Bullish Ladder Entry Point For Nat Gas

DE Double Bottom; Bullish Ladder Entry Point For Nat Gas

Image Source: Unsplash Deere & Company (DE) is gapping down into a double bottom and gap fill which should cause a bounce where you can profit.Natural gas retraces to the scene of the crime and pierces that level – Gareth shows where he will be laddering in on a long position as natural gas is poised […]
Durable Goods New Orders Dive 5.4 Percent On Top Of Big Negative Revision

Durable Goods New Orders Dive 5.4 Percent On Top Of Big Negative Revision

Durable Goods data from the commerce department, chart by Mish. Understanding the Big SwingsBig swings in durable goods are due to wild swings in aircraft orders.I don’t show aircraft orders because they would dwarf everything else. For example, nondefense aircraft orders fell nearly 50 percent this month after rising nearly 100 percent last month.It’s best […]
Nvidia Reports 34% Increase In Q3 Revenue; Expects Trend To Continue In Q4

Nvidia Reports 34% Increase In Q3 Revenue; Expects Trend To Continue In Q4

Image Source: Pixabay Nvidia Corporation (NVDA) released its financial results yesterday for the third quarter ended October 29th, 2023. Q3 Financial Highlights (The information below compares Q3 2024 with Q2 2024 and all figures are in U.S. dollars.) Revenue: UP 34% to $18,120M Gross Margin: UP to 74.0% from 70.1% Operating Expenses: UP 12% to $2,983M […]
Viewing Lumber As An Economic Indicator

Viewing Lumber As An Economic Indicator

Image Source: Pixabay Lumber is a key economic indicator that typically doesn’t get as much attention as it should. Housing and lumber demand are leading factors that can help determine what is going on in the broader economic picture.Kyle Little, Chief Operating Officer of Sherwood Lumber, is an expert on this topic. His whole career has […]
Gold: Resistance Is…Finite

Gold: Resistance Is…Finite

Image Source: Pixabay The human mind likes big round numbers. Which is why, when a tradable asset is rising, sell orders tend to cluster in predictable spots. The frequent result is a repeating pattern of strong gains running into waves of selling that knock the price back down. Traders refer to this as “resistance,” and it’s […]
Score One For The Options Traders On Nvidia (So Far)

Score One For The Options Traders On Nvidia (So Far)

Image Source: Pixabay As I write this at 10:30 EDT, Nvidia is trading at $483. We have no idea where it will close – and I can come up with all sorts of potential scenarios for a pre-holiday session when traders’ minds increasingly turn to family, food, and football (not necessarily in that order) over markets […]
Binance Outflows Surpass $1.0 Billion ‘Countdown To Insolvency Has Begun’

Binance Outflows Surpass $1.0 Billion ‘Countdown To Insolvency Has Begun’

Image Source: Pexels Binance remains in focus today after data from Nansen confirmed that its users have already pulled more than $1.0 billion from the crypto exchange in the past 24 hours. Binance hit with a $4.3 billion fine Note that the said data doesn’t even include Bitcoin-related outflows.The news follows Changpeng Zhao pleading guilty to charges of money […]
Food Stocks: Are They Good Investments?

Food Stocks: Are They Good Investments?

Investing In Food StocksIn this video, Chuck Carnevale will be discussing the potential of food stocks as investments. He will cover more than 25 food stocks and provide a high-level analysis of their performance and potential. While this video is not meant to replace thorough research and due diligence, it will give you a starting […]
3 Top Vanguard Mutual Funds To Buy For Long-Term Gains

3 Top Vanguard Mutual Funds To Buy For Long-Term Gains

Image Source: Pexels Founded by John C. Bogle in 1975, it is one of the world’s largest investment management firms. Headquartered in Vally Forge, PN, Vanguard had $7.7 trillion of assets under management globally as of Apr 30, 2023. It had more than 20,000 employees globally on Dec 31, 2022, and offers 203 funds in the United States […]
BofA Analyst: SPX Can Hit 5,000 In 2024

BofA Analyst: SPX Can Hit 5,000 In 2024

Image courtesy of 123rf.com Bank of America (BofA) strategist Savita Subramanian and her team of analysts said the S&P 500 (SPX) could surge as high as 5,000 in 2024, citing easing macro uncertainty, among other things. However, most analysts on Wall Street continue to take a significantly more cautious stance.  BofA’s Bull Case for S&P 500  The […]