December 2023 - Page 65 of 232 -

Does A 30% Yield Mean Smooth Sailing Or Choppy Seas Ahead?

Dec 21, 2023 Jeremy Parkinson Finance 0

Image Source: PexelsTM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.The shipping stock sector [meaning companies that use ships for shipping, not FedEx (FDX) or UPS (UPS) type shipping] is one which is noted for its high yields. There are over a dozen […]

Stocks Rebound On December 21, 2023, But Fail To Impress

Dec 21, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashStocks finished the day higher by around 1%, rebounding some from yesterday’s sharp sell-off; this made today an inside day. We have often seen inside days when the day following a big move is inside the previous day’s candle. In the July top, the S&P 500 stayed inside the engulfing candle of July 27 […]

2 Expansive Commerce Stocks To Buy At Year’s End

Dec 21, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashThe internet has continued to propel the exchange of goods and services with Shopify (SHOP) and MercardoLibre (MELI) being two of the fastest-growing commerce platforms.The expansive growth of both companies makes them strong investments going into 2024. Furthermore, Shopify’s Zacks Internet-Services Industry and MercardoLibre’s Internet-Commerce Industry are both in the top 14% of over 250 Zacks […]

Nike Q2 Earnings: ‘Cost Saving Will Resonate Well With Investors’

Dec 21, 2023 Jeremy Parkinson Finance, No picture 0

Photo by REVOLT on Unsplash Nike reports better-than-expected earnings for its fiscal Q2. The footwear company also announced plans of cutting costs. Oppenheimer’s Brian Nagel discussed its earnings on CNBC. Nike Inc. (NKE) is down about 5.0% in extended hours even though it reported better-than-expected earnings for its fiscal second quarter.Nike to cut costs by about $2.0 billionThe stock is […]

Gold Price Forecast: XAU/USD Extends Its Upside Above $2,050, All Eye On US PCE Data

Dec 21, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold price attracts some buyers to $2,055 amid the weaker US Dollar. US Q3 GDP came in weaker than expected, expanding at 4.9%. The markets are pricing in around 79% odds of a rate cut in March. Gold traders await the US Core Personal Consumption Expenditure Price Index (Core PCE), due on Friday. […]

Car Ownership Costs In America Are Skyrocketing

Dec 21, 2023 Jeremy Parkinson Finance 0

Image Source: PexelsThinking of buying a vehicle soon? Rising car ownership costs might cause you to think again.Owning a truck or car has become far more expensive than in the past, even as recently as three years ago.In the following graphic, Visual Capitalist’s Marcus Lu and Pallavi Rao show, using data from the New York Times, how inflation has impacted […]

The Wisconsin Macro Outlook

Dec 21, 2023 Jeremy Parkinson Finance 0

Image Source: PexelsYesterday, the Wisconsin macro outlook was reviewed in the context of the November Economic Forecast released by the DoR. Today, we can update the picture, using the newly released employment numbers.First, the October decline in nonfarm payroll employment is erased, and November’s number is up, hitting the forecast.Figure 1: Wisconsin nonfarm payroll employment from October release (bold black), […]

Macro: Philly Fed Mfg Survey — Umm

Dec 21, 2023 Jeremy Parkinson Finance 0

Image source: PixabayThis was a poor number. The headline dropped from -5.9 to -10.5. The more eye-popping number was the Index for New Orders which dropped from 1.3 to -25.6. I hate to say it, the diffusion index for new orders has never gone below 21 without an accompanying recession; that is until 2023. This is […]

2024 Technology Stock & ETF Outlook

Dec 21, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay In this episode of ETF Spotlight, I speak with Gene Munster, Managing Partner at Deepwater Asset Management, about the outlook for the “Magnificent Seven” and emerging technology stocks.The biggest market story of the year is the incredible rise of the world’s most valuable technology firms. Can these tech titans continue to shine in […]

The Merger Surge Of 2021 And 2022

Dec 21, 2023 Jeremy Parkinson Finance 0

Image Source: Pixabay The Hart-Scott-Rodino Antitrust Improvements Act of 1976 requires that all mergers above a certain size–now $101 million–must be reported to the federal government before they occur. This gives the authorities at the Federal Trade Commission and the Antitrust Division at the US Department of Justice a chance to challenge mergers, if and when […]