Archives by Month:

Archives by Year:

2023 Rewind: 5 Valuable Lessons

2023 Rewind: 5 Valuable Lessons

Image Source: PixabayWhether you made money in 2023 or lost, looking back and studying the past can help with the future. In 2023, stocks climbed the proverbial wall of worry and shocked the masses. The Nasdaq 100 ETF (QQQ) gained more than 50%, while the Russell 2000 Index (IWM) moved from 52-week lows to 52-week highs in record time. Below […]
Where Americans Shop For The Holidays

Where Americans Shop For The Holidays

Image Source: PixabayAfter a year of high prices, high interest rates, and high economic uncertainty, American consumers would have been excused for cutting back on their spending this holiday season.However, as Statista’s Felix Richter notes, that doesn’t seem to be the case,  as both forecasts and preliminary estimates point towards new spending records this year.The National Retail Federation expects consumers in the U.S. to spend […]
Affirm Holdings Sees 100% Surge After Bullish Pattern Completion

Affirm Holdings Sees 100% Surge After Bullish Pattern Completion

Image Source: UnsplashWell, once again, here on ostensibly perma-bearish Slope, I had evidence of offering up a long idea that, in a matter of weeks, doubled in price. I’m referring to Affirm Holdings (AFRM) which, last month, I wrote this post pointing out the completion of its bullish pattern. I’ll follow this up by saying I think this 100% pop has pretty much all […]
Metals Report For Wednesday, December 20

Metals Report For Wednesday, December 20

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:07:51More By This Author:SPDR ETF Report For Tuesday, December 19Financial Markets Report For Tuesday, December 19Metals Report For Tuesday, December 19
NZD/USD Recovers Its Recent Losses Around The Mid-0.6200s, US GDP Data Eyed

NZD/USD Recovers Its Recent Losses Around The Mid-0.6200s, US GDP Data Eyed

Photo by Thomas Coker on Unsplash NZD/USD gains ground near 0.6253 despite a modest rebound in USD. New Zealand ANZ – Roy Morgan Consumer Confidence for November improved to 93.1 vs. 91.9 prior. Existing Home Sales came in at 3.82M in November, better than the 3.77M expected. A new estimate for GDP growth numbers for Q3 will be […]
Current Analysis: Hanmi Financial Corporation

Current Analysis: Hanmi Financial Corporation

Image Source: PexelsHanmi Financial Corp (HAFC) is a Los Angeles-based bank that caters to Korean-Americans and other multi-ethnic communities across California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington.The bank mainly focuses on small businesses and commercial and real estate loans. Hanmi also offers trade-finance products. The bank has several lending offices outside […]
Stocks Drop Sharply Following Vix Expiration On December 20, 2023

Stocks Drop Sharply Following Vix Expiration On December 20, 2023

Image Source: UnsplashStocks finished the day lower, which hasn’t happened much recently, in a sudden turn mid-day. There was no good explanation for the sudden turn, but I think if you have been reading me for any length of time, then you know that today was VIX options expiration, and there were a very large amount […]
Micron Q1 Earnings: ‘Big Driver In 2024 Is Going To Be AI’

Micron Q1 Earnings: ‘Big Driver In 2024 Is Going To Be AI’

Image Source: Unsplash Micron reports market-beating results for its fiscal Q1. Delano Saporu says AI will be a big driver for it in 2024. Micron stock is now up 60% versus the start of this year. Micron Technology Inc. (MU) is trending up in extended hours on Wednesday after reporting market-beating earnings for its fiscal first quarter.Micron issues […]
Self-Checkout Kiosks At 4,500 Walmarts Now Offer ‘Buy Now, Pay Later’ Loans For Basic Items

Self-Checkout Kiosks At 4,500 Walmarts Now Offer ‘Buy Now, Pay Later’ Loans For Basic Items

Image Source: Mike Mozart, Flickr“Buy now, pay later” (BNPL) loans surged in popularity during Black Friday and Cyber Monday in late November. As Christmas is less than a week away, Walmart (WMT) shoppers have been greeted with a new BNPL payment at the checkout line. The increased use of BNPL is incredibly problematic for consumers with insurmountable credit card […]
Sentiment By Survey And Text Analysis, Updated!

Sentiment By Survey And Text Analysis, Updated!

Image Source: Pixabay Today, the Confidence Board’s consumer confidence index clocked in at 110.7, vs. Bloomberg consensus of 103.8. The Michigan survey of consumer sentiment and to a lesser extent the Conference Board survey of confidence have diverged from their historical correlation with inflation and unemployment. Interestingly, while the Michigan measure in particular has deviated from the text based […]