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Market Briefing For Thursday, March 28
Uncomfortably comfortable sort of describes this market, led by Oil and a couple of Ai-related stocks, but not feeling as robust as the S&P level might hint to a casual observer of the action.PexelsComing-up on the Quarter’s end, we’ve been looking for the market to shuffle but hold-together, because of a likely stutter-step in April, […]
Diving Into Doughnuts: The Resurgence Of Krispy Kreme
Image Source: UnsplashAs a kid, one of my favorite things in the world was a fresh Krispy Kreme tonight. How thrilled I was, some years ago, to see that the franchise has expanded into California, and I got to partake in the not-at-all-healthy-for-you goodness of a warm glazed doughnut. Krispy seemed to be fading badly from 2005 through […]
Elliott Wave Technical Analysis: NEOUSD Crypto Price News
Image Source: UnsplashElliott Wave Analysis TradingLounge Daily Chart,NEO/ U.S. dollar(NEOUSD)NEOUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave (3)Direction Next higher Degrees: Wave ((3)) of ImpulseWave Cancel invalid Level: 9.85Details: Wave (3) is Equal to 161.8% of Wave (1) at 24.52NEO/ U.S. dollar(NEOUSD)Trading Strategy:NEO is still in an uptrend from prices remaining in the third-wave price structure. […]
Making Sense Of The Earnings Scenario
Total S&P 500 earnings for the first quarter of 2024 are expected to be up +2.5% from the same period last year on +3.5% higher revenues. This follows the +6.7% earnings growth on +3.9% higher revenues in 2023 Q4. As was the case in the preceding two quarters, the Tech sector remains a key growth […]
3 Building Products Stocks To Buy For EPS Growth
President Biden’s historic $1.2 trillion infrastructure bill and healthy backlog for other construction-related activities including spec homes for homebuilders has continued to benefit many building products companies.To that point, the Zacks Construction sector is currently ranked second out of 16 Zacks sectors and several building products stocks currently hold spots on the coveted Zacks Rank […]
Three Top U.S. Chemical Stocks To Buy In April
Image Source: Pixabay Chemicals industry has total annual revenue of close to $4.0 trillion. Dow, Kronos, and $APD are particularly worth owning within this space. Here’s what each of the top U.S. chemical stocks on our list have to offer. Chemicals industry, globally, sure is a huge one with total annual revenue of close to $4.0 […]
USD/CAD Struggles To Capitalize On Its Modest Intraday Gains, Remains Below 1.3600 Mark
Photo by Michelle Spollen on Unsplash USD/CAD gains some positive traction on Thursday, though the upside remains capped. The Fed’s projected three rate cuts in 2024 caps the upside for the USD and the major. An uptick in Oil prices underpins the Loonie and contributes to keeping a lid on the pair. The USD/CAD pair attracts some buyers […]
EUR/USD Inches Lower To Near 1.0820, Focus On German Retail Sales, US GDP Annualized
Image Source: Pixabay EUR/USD extends its losing streak on dovish remarks from ECB officials. US GDP Annualized is expected to be consistent at a 3.2% increase in Q4. German Retail Sales (MoM) is anticipated to show a 0.3% rise, against the previous decline of 0.4%. EUR/USD continues to lose ground for the third successive session on Thursday, […]
Top Analyst Reports For Meta Platforms, S&P Global & AT&T
Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Meta Platforms, Inc. (META), S&P Global Inc. (SPGI), and AT&T Inc. (T). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. […]
Gold Is The Next Bitcoin; It Could Skyrocket
Image Source: UnsplashGreg Weldon analyzes the most recent developments in the economy and why we are headed for stagflation. He also analyzes Fed Policy, Gold against the Stock Market, Gold Miners, Juniors and Silver.Video Length: 00:29:170:00 Intro 1:15 Economic Summary & Outlook 6:30 Why Fed Flinched Last Week & Labor Market 10:27 Yield Curve Control Coming? 13:55 […]
