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Gold Trading Action Keeps Grabbing Headlines, Draws Interes

Gold Trading Action Keeps Grabbing Headlines, Draws Interes

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Well, after appearing to be set for a big breakout, the gold market has settled back into a trading range — at least for now.Gold had posted a new all-time closing high on a monthly as well as a weekly basis last week.With such powerful technical […]
Alphabet’s Google Unveils Gemini, Boosts Gen AI Efforts

Alphabet’s Google Unveils Gemini, Boosts Gen AI Efforts

Alphabet (GOOGL) is firing on all cylinders in the booming AI space on the back of its continuous efforts. Its division, Google, is leaving no stone unturned to make the most of Microsoft (MSFT) in the generative AI game.The latest introduction of its new, advanced, powerful, large language model (“LLM”), namely Gemini, is a testament to the same.Alphabet’s […]
Current Analysis: Kraft Heinz (KHC)

Current Analysis: Kraft Heinz (KHC)

Image Source: DepositPhotosThe Kraft Heinz Corp (KHC) came together in March 2015 when Kraft joins Heinz to form the third largest food and beverage company in North America na the fifth largest in the world.Beyond its namesakes, other active brands include Oscar Mayer, Velveeta,  and Philadelphia. While the retail channel drives about 85% of total […]
AUD/USD Forecast: Attempts To Turn Around

AUD/USD Forecast: Attempts To Turn Around

At the end of the day, the Australian dollar market is poised for potential volatility shortly, with Friday’s Non-Farm Payroll numbers likely to be a pivotal event.  The AUD/USD experienced a slight dip in its value during the recent trading session, hovering just above the 0.65 level. However, there are indications of a potential turnaround, with the […]
2 Top-Ranked Tech Stocks To Buy Now For A Potential Santa Claus Rally

2 Top-Ranked Tech Stocks To Buy Now For A Potential Santa Claus Rally

Technology stocks woke up from their mini slumber on Thursday. Buyers stepped in right near the Nasdaq’s 21-day moving average. The comeback and small gains through mid-afternoon trading Friday helped the tech-heavy index finally climb above its summer highs.Wall Street is currently sorting through November’s jobs data. The figures were solid and showcase the resilient […]
Paramount Stock Popped 15% On Friday: Find Out Why

Paramount Stock Popped 15% On Friday: Find Out Why

Image Source: DepositPhotosShares of Paramount Global (PARA) popped 15% today following reports that Skydance Media and RedBird Capital are interested in buying the mass media conglomerate. National Amusements has majority stake in ParamountSkydance and RedBird are considering going about it via National Amusements that currently owns about 77% of Paramount’s Class A (voting) shares.But talks are in preliminary […]
Inverse Energy EtTFs Rise Amid Steep Decline In Oil

Inverse Energy EtTFs Rise Amid Steep Decline In Oil

The energy sector once again was caught in feeble trading in recent weeks on an oil price slump. This is especially true as oil prices are on their longest weekly losing streak since 2018, driven by concerns about a global glut and skepticism over the Organization of the Petroleum Exporting Countries and allies, known as […]
S&P 500 Forecast: Bounces From Bottom Of Range

S&P 500 Forecast: Bounces From Bottom Of Range

In the end, this market appears nearly impervious to selling pressures. The S&P 500 exhibited signs of early support in Thursday’s trading session, indicating a potential attempt to stabilize within the familiar consolidation range. This move comes on the heels of a tumultuous Wednesday, a day that left many traders reeling. Despite this, the market is abuzz […]
Exploring The Complexity Of The 1929 Stock Market Crash 
                    
Financial Wizardry: The Wizard Behind the Curtain

Exploring The Complexity Of The 1929 Stock Market Crash Financial Wizardry: The Wizard Behind the Curtain

Image Source: DepositPhotosre be unconventional threads subtly weaving into the fabric of this financial unravelling?The Mirage of Prosperity: A Closer LookAs we navigate through the intricate web of events leading to the crash, it becomes apparent that the seemingly robust prosperity of the 1920s was, in reality, a mirage. The stock market, akin to a […]
Softs Report – Friday, December 8

Softs Report – Friday, December 8

DJ Global Food Prices Held Steady in November, Driving Further Inflation Concerns — Update By Yusuf Khan Global food prices held steady in November after lower prices for grains and meats were offset by rising costs for sugar, vegetable oil and dairy products, the United Nations’ Food and Agriculture Organization said Friday. The UN FAO’s […]