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Jobs: Massive Revisions And Household Survey Tell The Real Story

Jobs: Massive Revisions And Household Survey Tell The Real Story

The analysis below covers the Employment picture released on the first Friday of every month. While most of the attention goes to the headline number, it can be helpful to look at the details, revisions, and other reports to get a better gauge of what is really going on. Current Trends The BLS reported a […]
Large US Banks Saw Over $7BN Deposit Outflows Amid NYCB Chaos Last Week

Large US Banks Saw Over $7BN Deposit Outflows Amid NYCB Chaos Last Week

With the imminent expiration of The Fed’s bank bailout facility (reminder they were 12-month collateralized term loans), and the ongoing liquidity suck from The Fed’s reverse repo facility, the last two weeks’ excitement over at NYCB again is sure to have seen some depositors questioning their decisions (but we won’t know about that for a […]
Stocks And Precious Metals Charts – Terrible Visions

Stocks And Precious Metals Charts – Terrible Visions

Stocks ignored the higher-than-expected Non-Farm Payrolls Report jobs added, choosing instead to draw some bullish cheer from flat waged and higher-than-expected unemployment.But alas, it was just another wash and rinse after all.What a surprise.Gold moved higher further into the record territory.Silver not so much.  VIX wallowed between its moving averages.The Dollar was flat.The markets seem to […]
Here’s Why The Selling Is Different This Time

Here’s Why The Selling Is Different This Time

Image Source: Pexels The indexes took a hit today. The S&P, which had been up nicely to new all time highs surrendered to the red at the end of the day. But saying “stocks are down” is like calling the Pacific Ocean a “puddle.” It doesn’t do anywhere near enough justice to the insane price action […]
Dogecoin Price Forecast: Analyst Predicts Surge To $1 By Mid-April

Dogecoin Price Forecast: Analyst Predicts Surge To $1 By Mid-April

Photo by Executium on Unsplash Dogecoin, the cryptocurrency inspired by a dog meme, has seen a significant increase in its value in the past few weeks.As of the latest update, Dogecoin’s trading price has risen to $0.169, marking a 9.78% increase over the last 24 hours and a 40% surge on a weekly basis. Analyst’s prediction for Dogecoin’s […]
Semiconductor ETFs Hit New High

Semiconductor ETFs Hit New High

Image Source: Unsplash Growing optimism about the prospects of the Fed’s interest rate cut in June has led to a stock market rally. In fact, the semiconductor sector has outperformed, with the Philadelphia Semiconductor index reaching a record high, gaining 23.7% this year.Many semiconductor ETFs also touched new 52-week highs. These are Invesco PHLX Semiconductor ETF (SOXQ – Free Report), iShares […]
State Of The Union And The Markets

State Of The Union And The Markets

Image Source: Pixabay It’s amazing how many people ask me about the election and the impact of politics on the markets. I think that’s because all we hear is how the other person is going to wreck the economy and crash the markets. As with most commonly held beliefs, it’s all pure nonsense. There is no […]
Q4 Results Of Cannabis Company Verano Holdings Were Down Across The Board

Q4 Results Of Cannabis Company Verano Holdings Were Down Across The Board

Verano Holdings Corp. This article provides Verano Holdings’ (VRNOF)  Q4 financial results for the period ending December 31st, 2023. Q4 Financial Highlights (All currency numbers are in USD and compared to the previous quarter.) Revenue: DOWN 1.2% to $237.2M Gross Profit: DOWN 11.7% to $117.6M as a % of revenue: DOWN to 49.6% from 55.5%  […]
There’s More To Gold’s Outlook Than Just Its Confirmed Breakout

There’s More To Gold’s Outlook Than Just Its Confirmed Breakout

Image Source: Unsplash The key event of this week is the huge rally in gold that took it to new all-time highs.I’ll start with the long-term gold price chart. Gold price is moving to new all-time highs after breaking above the 2020 high and confirming this breakout in terms of the daily closing prices. And yet, there’s […]
Stocks Retreat Despite S&P 500, Nasdaq Records

Stocks Retreat Despite S&P 500, Nasdaq Records

It was a roller-coaster end to the trading week, fitting given the wobbly jobs report this morning. The Dow, S&P 500, and Nasdaq all spent time on both sides of the coin, but all ultimately finished in the red for the day, even if the latter two did score intraday record highs. The pullback today sent the […]