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1970s Are Repeating For Gold, Too, Not Just Silver

1970s Are Repeating For Gold, Too, Not Just Silver

Image Source: Pixabay Last week Rafi Farber detailed how the silver market is playing out the late 1970s almost exactly, and how we are currently situated in 1978. Well, it’s not just silver. With gold at new all-time highs and silver lagging, this was also the exact same situation of that year. History is repeating, and […]
Trulieve Cannabis Q4 Net Loss Increased By 32%

Trulieve Cannabis Q4 Net Loss Increased By 32%

Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.) Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a constituent in the munKNEE American Cannabis MSO Stocks Index, announced its results for the fourth quarter ended December 31, 2023, last week, as follows: Q4 2023 Financial Highlights (The information below compares Q4 2023 with Q3 2023 and all figures are in U.S. dollars.) Revenue: UP […]
Poised For A Post-Jobs Rally ‘Til NVDA Spoiled The Fun

Poised For A Post-Jobs Rally ‘Til NVDA Spoiled The Fun

Image Source: Pixabay This month was a bit odd. The monthly employment report arrived on the second Friday, not the usual first. Regardless of timing, the heavily anticipated report proved to be a bit of a non-event.The Nonfarm Payrolls statistic was a bit misleading. It showed an increase of 275,000 payrolls in February, well above the […]
Market Morsel: Expectations Are Not Predictions

Market Morsel: Expectations Are Not Predictions

Image Source: Unsplash   Longer term, I think there are more significant reasons to expect a weaker dollar, starting with our politicians’ (of both parties) newfound infatuation with industrial policy. Government-directed investment may create activity but long-lasting benefits have, in the past, proved quite elusive. The real problem with our government deficits and debt isn’t the […]
Big U.S. Stocks’ Q4’23 Fundamentals

Big U.S. Stocks’ Q4’23 Fundamentals

  ↵Image Source: Pexels The big US stocks dominating markets and investors’ portfolios are soaring. They recently wrapped up another quarterly earnings season, reporting some spectacular results. Yet these huge market-darling companies are still extremely overvalued, deep into dangerous bubble territory. Their incredible mounting euphoria fueled by some parabolic gains can’t last either. So serious imminent downside […]
Cloud Stocks: Analysis Of Workday’s HiredScore Acquisition

Cloud Stocks: Analysis Of Workday’s HiredScore Acquisition

Image Source: Unsplash Enterprise services provider Workday (Nasdaq: WDAY) recently announced mixed fourth-quarter results. It continues to expand its AI capabilities through both product development and acquisitions. Workday’s Financials Workday’s fourth quarter revenues grew 17% to $1.92 billion, at par with the Street’s forecast. Non-GAAP EPS grew 58% to $1.57, ahead of the market’s forecast of $1.47.By segment, […]
Why Ether (ETH) Is Likely To Hit A New All-Time High In March Following BTC

Why Ether (ETH) Is Likely To Hit A New All-Time High In March Following BTC

Image courtesy of 123rf.com While Bitcoin has undoubtedly captured the lion’s share of attention in the cryptocurrency market, analysts and investors are focusing on Ether (ETH), the native token of the Ethereum blockchain. With the highly anticipated Dencun upgrade and growing excitement surrounding the potential approval of spot ETH exchange-traded funds (ETFs), many experts predict that Ether could more than double in […]
SPX Headed For Weekly Win, All Eyes On Potential Rate Cuts

SPX Headed For Weekly Win, All Eyes On Potential Rate Cuts

Stocks are scattered this afternoon, and heading for mixed performances on the week and day. The S&P 500 Index (SPX) is pacing for a third straight weekly win, as investors bet on interest-rate cuts amid a rising unemployment rate. Elsewhere, the Dow Jones Industrial Average (DJI) is on track for its second consecutive weekly loss, while […]
S&P 500 Earnings Dashboard 23Q4 – Friday, March 8

S&P 500 Earnings Dashboard 23Q4 – Friday, March 8

Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions The 23Q4 Y/Y blended earnings growth estimate is 10.0%. If the energy sector is excluded, the growth rate for the index is 13.6%. Of the 494 companies in the S&P 500 that have reported earnings to date for 23Q4, 76.3% reported above analyst expectations. This compares to a long-term average of 66%. The 23Q4 Y/Y blended revenue growth estimate is 3.7%. If the […]
Semis Drop The Mic

Semis Drop The Mic

The rally in semiconductors is starting to run out of superlatives to describe it. Just when you think it has to take a breather, it turns around and rallies another few percent. Yesterday, the Philadelphia Semiconductor Index (SOX) closed more than 17% above its 50-day moving average and 36% above its 200-DMA. Regarding the 50-DMA, […]