2023 - Page 544 of 569 -

Gold Shorts Covered, Silver Shorts Added

Oct 23, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashJust a few weeks ago, the gold and silver prices were languishing again, with gold trading in the $1830’s while silver was below $21. Yet we’ve seen a substantial rally since then, partially aided by the unfortunate geopolitical events in the Middle East, that left gold briefly over the $2,000 mark on Friday, while […]

Alphabet Inc. Reacting Higher From Blue Box Area

Oct 23, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashIn today’s article, we will take a look at the past performance of the one-hour chart of Alphabet Inc. stock (GOOGL). The rally from the Sept. 26, 2023 low unfolded as a 5-wave impulse. So, we expected the pullback to unfold in 7 swings, and to find buyers again at the blue box area. We will explain […]

S&P 500 Earnings Dashboard 23Q3 – Monday, Oct. 23

Oct 23, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels S&P 500 Aggregate Estimates and Revisions The 23Q3 year-over-year blended earnings growth estimate is 1.2%. If the energy sector is excluded, the growth rate for the index is 5.8%. Of the 86 companies in the S&P 500 that have reported earnings to date for 23Q3, 77.9% reported above analyst expectations. This compares to a long-term average of 66%. The 23Q3 year-over-year blended revenue growth estimate is 0.9%. If the energy sector […]

5 Online Retailers To Buy On Solid Sales In September

Oct 23, 2023 Jeremy Parkinson Finance 0

Image: BigstockOn Oct. 17, the Department of Commerce reported that retail sales in September increased 0.7% month-over-month, significantly beating the consensus estimate of 0.3%. Moreover, the metric for August was revised upward to an increase of 0.8% from the 0.6% reading reported earlier. Within overall retail sales, online sales grew 1.1% in September, second only […]

Canadian Dollar Looking For Early Gains Against US Dollar Ahead Of Upcoming BoC Rate Call

Oct 23, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The Canadian dollar has been catching some air as the broad-market US Dollar Index has been receding. The Bank of Canada is slated to report this week with its next rate call on Wednesday. Market sentiment has been improving on Monday, sending the greenback lower. The Canadian dollar has recently been finding some momentum to kick off […]

The Single Best Yield-Plus-Dividend Growth Stock

Oct 23, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayLast week, one of my favorite income stocks issued a press release with its preliminary third-quarter results. This business development company (BDC) extended its long tenure as the best company and stock in the category. If there ever were a “buy-and-hold forever” stock, this one would be at the top of my list.Let me […]

This Week’s Main Events – Monday, Oct. 23

Oct 23, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayThis week is full of important economic events. The central banks of Europe and Canada will hold monetary policy and interest rate meetings. Australia and Singapore will release new inflation data. Market watchers will also get an update on the state of the US economy, including third-quarter GDP data and the Fed’s preferred measure […]

Small-Cap Stocks: Strategies For Finding The Next Big Winners

Oct 23, 2023 Jeremy Parkinson Finance 0

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.The three biggest winners of my career—Tucows (TCX), B. Riley Financial (RILY), and Luna Innovations (LUNA)—have one thing in common. They were all small-cap stocks when I bought them. So, I always come back […]

People.ai Leverages GenerativeAI To Make Selling Simple

Oct 23, 2023 Jeremy Parkinson Finance 0

Photo Credit: Tung Nguyen from PixabayAccording to a recent report, the generative AI market is expected to explode to reach $1.3 trillion by 2032 from a relatively modest $40 billion in 2022. The more than 40% annualized growth rate is expected to be driven by continued investments in large language models (LLMs), digital ads, and specialized software and services. […]

Nasdaq Corrections

Oct 23, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayAfter a lower open to start the week, stocks have staged a pretty big intraday recovery (so far). One catalyst for the rally was a tweet by Bill Ackman saying his firm had covered its Treasury short, citing too much geopolitical risk and an economy weakening faster than current economic data suggests.Why a weaker economy would […]