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Germany’s Commitment To End Coal By 2030 Is A Never Ending Shell Game

Germany’s Commitment To End Coal By 2030 Is A Never Ending Shell Game

Here is an article from November 2, 2022, that serves as a nice background starting point for today’s discussion.Reuters reports Germany’s Cabinet Approves Accelerated Coal Exit by 2030 in Western StateAt first glance that headline sounds impressive. But note it is not Germany-wide, just one state.Then read the article for the details. Germany’s cabinet on Wednesday approved a […]
5 Must-Buy ETFs For Holiday Boost

5 Must-Buy ETFs For Holiday Boost

Image Source: Pixabay The holiday season saw a robust start, with Americans spending considerably this year over the five-day Thanksgiving weekend. Significant discounts across various categories, including beauty products, toys and electronics, have been attracting Americans to spend more. The trend is likely to continue for the rest of the holiday season.While several ETFs are poised […]
S&P 500 Forecast After The JOLTS Data Today

S&P 500 Forecast After The JOLTS Data Today

Image Source: Pixabay The S&P 500 is roughly flat at writing even after the U.S. Bureau of Labour Statistics reported a steep decline in job openings for October. Labour market seems to be loosening up That metric stood at 8.73 million last month – down 6.6% and well below 9.4 million that economists had forecast.Note that the […]
Nasdaq Rises As Jobs Openings Pressure Bond Yields

Nasdaq Rises As Jobs Openings Pressure Bond Yields

While the Nasdaq Composite Index (IXIC) managed to emerge from this morning’s slump, the Dow Jones Industrial Average (DJI) remains in the red, and the S&P 500 Index (SPX) is flat. Cooler-than-expected job openings sent Treasury yields lower this morning, aiding the tech sector as investors assessed the staying power of Wall Street’s recent rally. Robinhood […]
Oil Drops: OPEC+ Cuts And Middle East Tensions

Oil Drops: OPEC+ Cuts And Middle East Tensions

Image Source: Pixabay The term “oil drops” has taken on new significance in the ever-shifting landscape of global oil markets. It reflects the uncertainties surrounding OPEC+ decisions and escalating tensions in the Middle East. Recent oil price trends, OPEC+ choices, and geopolitical factors reveal the intricate web influencing the oil market’s current volatility. OPEC+ Uncertainties and Price […]
Can Small Cap Biotech Stocks Continue To Run? Let’s Take A Look

Can Small Cap Biotech Stocks Continue To Run? Let’s Take A Look

Image Source: Unsplash Can Small Cap Biotech Stocks Continue to Run? Momentum is still strong for most SMID biotech stocks. Innovation driving market gains with some unique molecules and technologies. e.g. Obesity drugs A bit of rotation as money trickles out of “Magnificent Seven” and IT stocks? Over the past 4 weeks, we have seen a […]
Nokia’s Shares Plummet After Firm Fails To Secure $14B AT&T Contract

Nokia’s Shares Plummet After Firm Fails To Secure $14B AT&T Contract

Image courtesy of 123rf.com Nokia’s (NYSE: NOK) stock plunged as low as $2.94 at the opening bell on Tuesday after the company lost out on a $14 billion deal with telecom behemoth AT&T. According to a Monday press releases, the contract was instead won by Nokia’s rival Ericsson, which will produce 5G equipment for the project.  Nokia […]
Business Cycle Indicators Including Monthly GDP

Business Cycle Indicators Including Monthly GDP

Monthly GDP, as estimated by SPGMI (formerly IHS Markit/Macroeconomic Advisers) drops 0.5% m/m (-6.3% annualized!).Figure 1: Nonfarm Payroll employment incorporating preliminary benchmark (bold dark blue), implied level using Bloomberg consensus as of 12/4 (blue +), civilian employment (orange), industrial production (red), personal income excluding transfers in Ch.2017$ (bold green), manufacturing and trade sales in Ch.2017$ (black), […]
October JOLTS Report: Yet One More Month In The Ongoing Decelerating Trend

October JOLTS Report: Yet One More Month In The Ongoing Decelerating Trend

All of the major metrics in this month’s JOLTS report for October continued to show deceleration. Here are openings (blue), hires (red), and quits (gold), all normed to 100 just before the pandemic: As you can see, at 98.1 and 103.9 respectively, both hires and quits are virtually identical to where they were before the […]
Cloud Stocks: Nutanix Expands Security Offerings

Cloud Stocks: Nutanix Expands Security Offerings

Photo Credit: Evgeni Tcherkasski from Pixabay  Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its first quarter results that outpaced market expectations. The outlook for the rest of the year was impressive as well, which helped drive the stock upwards in the after-hours trading session.  Nutanix’s FinancialsFor its first quarter of the year, revenues grew 18% to […]