Archives by Month:

Archives by Year:

The ISM Sends An Ominous Inflation Warning Shot Across The Bow

The ISM Sends An Ominous Inflation Warning Shot Across The Bow

Image Source: PixabayMARKETSFollowing a robust first quarter for risk assets, market bulls were poised to maintain their dominance entering the second quarter buoyed by positive data from China and optimism surrounding the Federal Reserve’s preferred price gauge, released late last week. This gauge was perceived, rightly or wrongly, as sufficient to allay concerns about inflation despite […]
EUR/USD Attracts Some Sellers Near 1.0730, Eyes On Fedspeaks

EUR/USD Attracts Some Sellers Near 1.0730, Eyes On Fedspeaks

Image Source: Pixabay EUR/USD trades on a weaker note for the fourth consecutive day near 1.0730 on Tuesday.  The US Manufacturing PMI climbed to 50.3 in March against 47.8 in the previous reading, better than expected.  ECB’s Stournaras said it could cut rates by a total of 100 basis points this year.  The EUR/USD pair remains under selling […]
Top Stock Reports For Apple, Nvidia & Eli Lilly

Top Stock Reports For Apple, Nvidia & Eli Lilly

The 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 Apple Inc. (AAPL), NVIDIA Corporation (NVDA) and Eli Lilly and Company (LLY). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You […]
5 Best ETF Areas Of March

5 Best ETF Areas Of March

Image Source: PixabayWall Street delivered a decent performance in March with the S&P 500 adding 3.1%, the Dow Jones gaining 2.1% and the Nasdaq advancing 1.8%. Dovish Fed comments helped the stock market stay strong last month.In March, the Federal Reserve decided to keep interest rates unchanged, maintaining the benchmark rate in the range of 5.25-5.50%. […]
US Dollar Resilience: A Perspective From The Turkish Lira

US Dollar Resilience: A Perspective From The Turkish Lira

Photo by Omid Armin on UnsplashWant to feel good about the staying power of the US Dollar? Look no further than the Turkish Lira. Below is a chart of the Lira versus the Dollar over many decades, and I assume at this point I can buy a mansion in Istanbul with what’s in my wallet right now.More By […]
S&P 500 And Nasdaq 100 Elliott Wave Update – Monday, April 1

S&P 500 And Nasdaq 100 Elliott Wave Update – Monday, April 1

Image Source: UnsplashNot much to be adding in the way of analysis. The NQ remains “messy” at best while the ES did manage to move to a new high on the Globex opening yesterday. I’ve updated the ES chart to reflect the completion point for the minute wave 3 – putting the market in a minute […]
Current Analysis: Eni

Current Analysis: Eni

Image Source: PixabayEni (E) is an integrated oil and gas company that explores, produces, and refines oil around the world.In 2022, the company produced 0.8 million barrels of liquids and 4.5 billion cubic feet of natural gas per day. At end-2022, Eni held reserves of 6.6 billion barrels of oil equivalent, 48% of which are liquids.The […]
Yields Up, Dollar Up, Junk Bonds Tumble

Yields Up, Dollar Up, Junk Bonds Tumble

As we start a new month, quarter, and week, I want to remind you how I concluded the weekend Daily: “Narratives are not very meaningful if price says something different. We have seen narratives change on a dime as price rules.” Perhaps it is because of April Fools, but after a stellar ending of Q1, […]
Toward Coordinated Development In China

Toward Coordinated Development In China

Image Source: Unsplash In the past, industrialization and urbanization has left most advanced economies unbalanced. As evidenced by the “Jing-Jin-Ji” experiment, China seeks to move toward balanced and sustainable development. After industrialization and urbanization, every advanced economy, to some degree, has coped with unbalanced, inadequate, and uncoordinated development, including economic inequality and environmental damage. What makes industrialization in […]
Visualizing Nvidia’s Revenue, By Product Line (2019-2024)

Visualizing Nvidia’s Revenue, By Product Line (2019-2024)

Since the AI boom, the key drivers of Nvidia’s (NVDA) revenue have shifted significantly.Today, data center processors for analytics and AI have quickly become Nvidia’s largest source of revenue, surpassing the company’s historical main business line of GPUs (graphic processing units). Given the surging demand for hardware that drives AI models, Nvidia’s revenues reached $22.1 billion in […]