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Rates Breaking Out Will Be Bad News For Stocks

Rates Breaking Out Will Be Bad News For Stocks

Image Source: PexelsStocks traded lower on Tuesday, with the S&P 500 falling by around 70 bps. The move follows a pretty decent size move with higher rates across the curve over the last two days. Tomorrow, we will get the ADP private payroll report, and it is estimated that the number of jobs will increase by […]
A Really Very Long Series On The Real Rate

A Really Very Long Series On The Real Rate

Image Source: PexelsWith implications for growth and demographic influences. From Rogoff, Rossi, and Schmelzing (AER, 2024):Source: Rogoff, Rossi and Schmelzing (AER, 2024).Contra assertions of a tight and positive link between population growth and the real interest rate, they write: …aggregate population growth rates and real interest rates have structurally trended in opposite directions, except for the most recent […]
Tesla’s Deliveries Drop For First Time Since 2020, It’s Demand Not Supply

Tesla’s Deliveries Drop For First Time Since 2020, It’s Demand Not Supply

Tesla blames production setbacks for the Decline in Quarterly Deliveries, but falling demand is the bigger issue. Tesla reported its first year-over-year decline in quarterly deliveries since 2020, badly missing Wall Street’s expectations and stoking further concern about the company’s growth prospects this year. Elon Musk’s electric-vehicle maker delivered 386,810 vehicles globally in the first three […]
‘Bull Trap’ For Indices, But We Have Seen This Before

‘Bull Trap’ For Indices, But We Have Seen This Before

Not for the first time, we have markets edge a breakout before dipping below breakout support. While indices experienced heavier than typical selling on higher volume distribution, for the Russell 2000 (IWM) this amounted to a retest of cup-and-handle support, and a trend test for the Nasdaq and S&P. If there was a risk of […]
“A Big F-ing Deal”

“A Big F-ing Deal”

After Monday night’s announcement from the Centers for Medicare and Medicaid Services (CMS) that 2025 payment rates for Medicare Advantage plans would effectively be equal to a 0.16% decline relative to this year, managed care stocks plummeted in after-hours trading and into the trading session on Tuesday. By the time the closing bell rang on […]
Should You Buy Gold ETFs Now?

Should You Buy Gold ETFs Now?

Image Source: Pixabay Gold prices have been hitting record highs lately, fueled by hopes that the Federal Reserve will start cutting interest rates soon. Lower interest rates reduce the opportunity cost of owning gold, thereby boosting its appeal, as the precious metal does not yield any income.Gold purchases by central banks have soared in recent years, […]
UTG: A Great Fund To Play A Recovery In Utilities

UTG: A Great Fund To Play A Recovery In Utilities

Image Source: Pixabay The Reaves Utility Income Fund (UTG) is a closed-end fund that investors can use to obtain a very high level of income to meet their needs. This overall purpose is suggested by the name of the fund and supported by its 8.44% current yield. However, the method that the fund employs to achieve […]
S&P 500 & Nasdaq 100 – Elliott Wave Update – Tue., April 2

S&P 500 & Nasdaq 100 – Elliott Wave Update – Tue., April 2

Image source: Pixabay Weakness across the board continued on Tuesday as anticipated via the cyclical downside pressure from the 3 month and one-month cycles in the S&P 500 and Nasdaq 100. I have updated the Elliott counts and labeling in both the ES and NQ – where both remain in the process of completing Minor 5th waves […]
3 Small-Cap Dividend Stocks With Big Growth Potential

3 Small-Cap Dividend Stocks With Big Growth Potential

Image Source: Unsplash Income investors tend to focus on the largest companies as these are often seen as the safest choices. But dividend growth investors should also consider small-cap stocks that have market capitalizations below $2 billion.Many small-cap stocks in the Russell 2000 Index pay dividends to shareholders. In addition, small-cap stocks could have stronger growth potential […]
Stocks And Precious Metals Charts – Hi-Yo Silver, Away

Stocks And Precious Metals Charts – Hi-Yo Silver, Away

Stocks were trading weakly most of the day.They managed to take a little of their losses back in the closing afternoon trade.But they were still chalking up some notable declines. The fantasy of many rate cuts this year seems to be on the wane.Gold and silver just rallied hard, with gold moving within the reach of […]