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FTSE Reverse Early Geopolitical Driven Losses To Close Green

FTSE Reverse Early Geopolitical Driven Losses To Close Green

Image Source: Pexels On Friday, British stocks fell by 1% in early tradedue to increased tensions in the Middle East, as investors prepared for the release of important economic data from the US and UK. Losses reversed later in the session as US jobs data supported risk sentiment across the pond leading to an uptick in […]
Dow Eyes Worst Week Of 2024 Despite Today’s Rally

Dow Eyes Worst Week Of 2024 Despite Today’s Rally

The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are once again attempting to rally, each boasting a triple-digit midday lead despite surging bond yields. The S&P 500 Index (SPX) is higher as well, as investors unpack hotter-than-expected nonfarm payrolls data, which points to a strong labor market but potentially hinders the prospect of interest rate […]
U.S. Jobs Strength Continues Despite Survey Weakness

U.S. Jobs Strength Continues Despite Survey Weakness

The US added 303,000 jobs in March, which is more than anyone was expecting. With next week’s inflation likely to remain hot, the prospect of a June rate cut from the Fed looks slim. Nonetheless, with business surveys universally pointing to weakness over the next 3-6 months we do expect to see more evidence of […]
Economy-Markets & Positioning For Reality. The Corn & Ethanol Report

Economy-Markets & Positioning For Reality. The Corn & Ethanol Report

We kicked off the day with Unemployment, Non-Farm Payrolls, Average Hourly Earnings MoM & YoY, Fed Collins Speech, Participation Rate,  Average Weekly Hours, Government Payrolls, Manufacturing Payrolls, Nonfarm Payrolls Private, and U-6 Employment Rate at 7:30 A.M., Fed Barkin Speech at 8:15 A.M, Fed Bowman Speech at 11:15 A.M., Baker Hughes Oil & Total Rig […]
From Red-Hot To Humdrum

From Red-Hot To Humdrum

What if you knew that in 2026, people found Nvidia (NVDA) to be the most boring stock imaginable, and the world has more or less loss interest in it? Pretty shocking, eh? That’s what’s happened to Tesla (TSLA). This has gone from the hottest of the hot meme stocks to something a little less exciting […]
Is Samsung Poised For Significant Growth As The AI Chip Market Surges?

Is Samsung Poised For Significant Growth As The AI Chip Market Surges?

Image courtesy of 123rf.com Samsung Electronics Co Ltd (SSNLF) will announce its first-quarter earnings this month, and investors should eagerly anticipate the results. The South Korean tech giant expects its operating profit to grow tenfold compared to the previous year’s first quarter, reaching 6.6 trillion won ($4.9 billion).The company still needs to explain fully why this is the […]
Healthy Central Bank Gold Buying Continued In February

Healthy Central Bank Gold Buying Continued In February

Image Source: Unsplash Central banks continued to add to their gold reserves in February, albeit at a slightly slower pace.On net, global central bank gold reserves increased by 19 tons in February with some selling pushing down that total. It was the ninth straight month of net central bank gold buying.China was the biggest buyer in […]
Jobs Up 303,000 Full Time Employment Down 6,000 In March

Jobs Up 303,000 Full Time Employment Down 6,000 In March

Nonfarm payrolls and employment levels from the BLS, chart by Mish.From September 2020 through early 2022, nonfarm payroll job gains and full time employment changes tracked together.Starting around March of 2022, a divergence between employment and jobs became very noticeable, and I have been discussing the divergence since then.Payrolls vs Employment Gains Since March 2023 […]
Is The S&P 500 Flashing A Spring Sell Signal?

Is The S&P 500 Flashing A Spring Sell Signal?

The stock market has been red hot over the past 5 months or so with both the S&P 500 and Nasdaq sporting big gains.But as we will see in today’s “weekly” chart of the S&P 500 Index, the seasonal start of Winter, Spring, Summer, and Fall can sometimes be a time for directional changes.“The facts, Ma’am. […]
Canada Is Now Experiencing A Hard Landing

Canada Is Now Experiencing A Hard Landing

Photo by Jp Valery on Unsplash  Evidence is piling up that the Bank of Canada is not able to engineer the vaulted soft landing after a brutal series of rate hikes. Economists were so sure that this rate cycle would be managed in a way that inflation would moderate sufficiently to meet the target of […]