Archives by Month:

Archives by Year:

AI May Be Yum Brands’ Secret Sauce

AI May Be Yum Brands’ Secret Sauce

Way back in 2019, when very few people were thinking about AI as a synthetic employee, Yum Brands (YUM) had a vision for a “SuperApp” that would bring its primary systems – labor and inventory management, kitchen and delivery management, and point of sale – in-house.Joe Park, CTO of Yum Brands (the parent company of […]
U.S. Job Market Shows Resilience With Higher-Than-Expected Job Additions In February 2024

U.S. Job Market Shows Resilience With Higher-Than-Expected Job Additions In February 2024

Image Source: Pexels The US job market exhibited notable strength in February 2024, adding 275,000 jobs, significantly surpassing the anticipated 200,000 job additions and showcasing a robust labor market dynamics.This performance marks an upward revision from January’s figure, which was corrected from an initial estimate of 353,000 jobs—the highest in a year—to 229,000 jobs, indicating continued […]
FTSE Supported As Metals Bid Supports Miners

FTSE Supported As Metals Bid Supports Miners

Image Source: Pexels On Thursday, UK stocks slightly increased with support from a rise in mining and automobile shares. However, there was a sense of caution as investors awaited a significant amount of domestic and global economic data that could offer insights into the future interest rate direction. The automotive and parts sector saw significant gains, […]
Softs Report – Thursday, April 4

Softs Report – Thursday, April 4

COTTON General Comments: Cotton was lower yesterday, and trends are still trying to turn down on concerns about the planting intentions report released Friday morning despite improving ideas of demand potential from China. Demand has been weaker so far this year. USDA said that 10.7 million acres might get planted this year, from 10.2 million […]
Time To Invest In Corporate Bond ETFs

Time To Invest In Corporate Bond ETFs

Image Source: Pixabay The corporate bond market has shown immense investor interest this year on anticipation of the Fed rate cuts this year, which has boosted the demand for higher-quality bonds. This is especially true as a record amount of money has flooded into the U.S. corporate bond markets this year, as investors rush to lock […]
GameStop Stock Price Forecast: GME Is Not AMC Entertainment

GameStop Stock Price Forecast: GME Is Not AMC Entertainment

Image Source: Pixabay GameStop (NYSE: GME) stock price has been in a strong freefall in the past two years as questions about its industry remain. After peaking at $120 during the meme stock frenzy era in 2021, the stock has plummeted to near $10. In this period, its market cap has crashed has dropped from almost […]
Dow, Nasdaq Up Triple Digits As Bond Yields Cool

Dow, Nasdaq Up Triple Digits As Bond Yields Cool

The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are maintaining their triple-digit leads this afternoon. The former is looking to snap a three-day losing streak and secure its first win of the second quarter, while the latter is getting a boost from large-cap tech stocks, especially as the 10-year Treasury yield takes a breather. […]
Pound Sterling Is At Fresh Two-Week Lows Testing The 1.2675 Resistance Area

Pound Sterling Is At Fresh Two-Week Lows Testing The 1.2675 Resistance Area

Photo by Colin Watts on Unsplash  GBP/USD is at fresh two-week lows testing the 1.2675 resistance area The Sterling is building up bullish momentum on Thursday, buoyed by a favorable market sentiment, which is weighing on the safe-haven US Dollar. Data from the US Labor Department revealed that Jobless Claims increased by 222K in the last week of […]
Russell 2000 Earnings Dashboard 24Q1

Russell 2000 Earnings Dashboard 24Q1

Image Source: Unsplash Russell 2000 Aggregate Estimates and Revisions The 24Q1 Y/Y blended earnings growth estimate is -11.5%. If the energy sector is excluded, the growth rate for the index is -2.5%. Of the 18 companies in the Russell 2000 that have reported earnings to date for 24Q1, 66.7% reported above analyst expectations. The 24Q1 Y/Y blended revenue growth estimate is -1.2%. If the energy sector is excluded, the growth rate for […]
This Market Is Going Vertical

This Market Is Going Vertical

Image Source: Unsplash The market’s going vertical… like Superman late for a dinner date on Krypton. And you can guess who’s to thank… yep, our electronic pals: Wall Street’s algos.So you can’t go long as a position trader because the risk/reward is lethal. And it’s too early to go short. So where can we find opportunities […]