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Silver Forecast: Sees Upward Momentum Despite Volatility 
                    
Balancing Caution and Opportunity Ahead of Thanksgiving

Silver Forecast: Sees Upward Momentum Despite Volatility Balancing Caution and Opportunity Ahead of Thanksgiving

The longer-term outcome remains uncertain, and it’s worth noting that the silver market tends to have a negative correlation with the US dollar, a factor deserving of attention.Silver exhibited some volatility early in Tuesday’s trading session, initially gapping lower only to reverse course and display signs of resilience. In the grand scheme of things, I believe […]
Restrictions On Exports To China Overshadow Future Prospects

Restrictions On Exports To China Overshadow Future Prospects

Image Source: Pexels  US stock indices were declining yesterday. At the stock market close, the Dow Jones Index (US30) was down by 0.18%, while the S&P 500 Index (US500) decreased by 0.20%. The Nasdaq Technology Index (US100) closed negative by 0.59% on Tuesday. Stocks declined moderately on Tuesday as disappointing corporate earnings results weighed on the overall market. Lower bond yields tempered losses […]
Thankful For Lower Rates

Thankful For Lower Rates

Image Source: Pixabay  Heading into the last trading day before Thanksgiving (and the last day of the week for many others), equity futures are higher this morning, treasury yields are lower, and crude oil is down sharply following news that Saudi Arabia may cancel this weekend’s meeting citing disappointment with members not aboding by production quotas. There’s […]
Initial Jobless Claims Unexpectedly Tumbled Last Week

Initial Jobless Claims Unexpectedly Tumbled Last Week

The number of Americans filing for jobless benefits for the first time tumbled to just 209k (from 233k the prior week)…Source: BloombergContinuing Claims dipped from 1.862mm to 1.84mm last week, still hovering near two-year highs…Source: BloombergHowever, it’s going to get worse, as Goldman reminds us that ongoing seasonal distortions have increasingly weighed on the level of […]
Gold Signal: Continues To Shine

Gold Signal: Continues To Shine

The gold market experienced a rally during Tuesday’s trading session, surging toward the coveted $2000 level before retracing slightly. Given the ongoing erratic behavior in this market, it appears that a pattern is emerging where pullbacks attract investors seeking favorable entry points. The 50-Day Exponential Moving Average below continues to function as a pivotal support level, further […]
EUR/USD Price Slips Below 1.09 As Market Awaits FOMC

EUR/USD Price Slips Below 1.09 As Market Awaits FOMC

The EUR/USD price went down, trading at 1.0899 at press time, way lower than yesterday’s highest point of 1.0963. The downtick move is attributed to the stronger US dollar.The Greenback got stronger after Canada’s inflation numbers came out. The CPI and Core CPI showed higher inflation than last month’s reading. Even though US Existing Home […]
Earnings Review: Deere & Company Beats Expectations, Reduces Outlook

Earnings Review: Deere & Company Beats Expectations, Reduces Outlook

Image Source: Unsplash  Deere & Company (DE) reported beating EPS and revenue expectations but reduced its outlook as demand is expected to slow.  Key Highlights Earnings Per Share (EPS) Outperformance: Deere & Company (NYSE: DE) reported an EPS of $8.26 for the fourth quarter, surpassing the market expectation of $7.48. Revenue Surpassing Expectations: Fourth-quarter revenue reached $13.801 billion, […]
Two All-Or-Nothing Longshot Stocks For Thanksgiving

Two All-Or-Nothing Longshot Stocks For Thanksgiving

Photo by Davies Designs Studio on Unsplash  We are just two days away from Thanksgiving.The cooking has started around here. The turkey went into the brine last night, and the prep work for the stuffing is underway.There will only be one issue of Hidden Profits report this week because I expect you will have better things to […]
It’s Big Tech And All The Rest

It’s Big Tech And All The Rest

 I probably sound like a broken record but it’s a tale of two markets: Big Tech and all the rest. Nvidia (NVDA) reported a monster quarter Tuesday after the close and will be the focus of Wednesday’s session. Revenue of $18.1 billion and guidance for $20 billion this quarter are blowout numbers. Spectacular. And yet […]
Five Days Of Chaos Over? Sam Altman Returns As OpenAI CEO

Five Days Of Chaos Over? Sam Altman Returns As OpenAI CEO

Photo by Mohamed Nohassi on Unsplash  Five days of chaos at the world’s most valuable startup appears to have ended. OpenAI announced on social media platform X early Wednesday morning that Sam Altman will return as CEO, along with an overhaul of the company’s board. “We have reached an agreement in principle for Sam Altman to return to OpenAI […]