Archives by Month:

Archives by Year:

Nvidia Stock: Cheaper Than It Was A Year Ago

Nvidia Stock: Cheaper Than It Was A Year Ago

Image Source: PixabayNvidia (NVDA – Free Report)  reported earnings this week and posted another quarter of stunning growth, beating analysts’ estimates on both the top and bottom line and announcing a ten-for-one stock split.Nvidia continues to completely dominate the AI infrastructure industry, providing all the major technology businesses of the world with the GPUs and data center products required to […]
Market And Investor Sentiment: Charting The Path Forward

Market And Investor Sentiment: Charting The Path Forward

Image Source: UnsplashMARKETSThe S&P 500 rebounded after a two-day slide following a hawkish FOMC meeting, which left rates unanchored and heightened market sensitivity to even tier-2 economic data.This increased attentiveness underscores the market’s propensity to react to even minor shifts in US economic data.Indeed, positive activity readings and the most significant two-week decline in initial jobless […]
Target, Retail Stocks, And The Economy

Target, Retail Stocks, And The Economy

Image Source: Unsplash MINNEAPOLIS, May 20, 2024 /PRNewswire/ — Target Corporation (TGT) announced today it will lower everyday regular prices on approximately 5,000 frequently shopped items… When I first saw Target’s announcement (above) concerning merchandise price cuts, I had several questions. First, I wondered whether this was something peculiar to Target, or something indicative of bigger problems for the retail industry. […]
Gold Mid-Tiers’ Q1’24 Fundamentals

Gold Mid-Tiers’ Q1’24 Fundamentals

Image Source: PixabayThe mid-tier and junior gold miners in this sector’s sweet spot for upside potential recently wrapped up their latest earnings season. These fundamentally-superior smaller gold producers delivered big last quarter, reporting spectacular results. The potent combination of record gold prices, lower mining costs, and better production fueled some of their richest profits ever. Yet […]
USD/JPY Steady On Friday After Another Week Of Gains

USD/JPY Steady On Friday After Another Week Of Gains

Image Source: Pixabay US Dollar broadly eased on Friday, but held close to flat against Yen. Japanese National CPI inflation ticked lower in April. Risk appetite recovered after US consumer inflation outlook improved. USD/JPY churned on Friday, wrapping up close to where it started the day, just below the 157.00 handle, as investors looked to recover […]
NZD/USD Price Analysis: Bulls Maintain Momentum, Eyes On Bullish Crossover

NZD/USD Price Analysis: Bulls Maintain Momentum, Eyes On Bullish Crossover

Photo by Thomas Coker on Unsplash The daily indicators remain in positive territory but somewhat flattened . The hourly charts reveal a temporary dip in the RSI and a MACD flattening, signaling a possible short-term consolidation. Pending bullish crossover between the 200 and 100-day SMA at 0.6040 could bolster the bullish momentum in future sessions. During Friday’s session, […]
Gold Gains Today, Still Ends Week Down Over 3%

Gold Gains Today, Still Ends Week Down Over 3%

Image Source: Pixabay Gold climbs 0.23% on Friday but is set for weekly drop above 3%. US Durable Goods Orders exceed expectations, though March’s revised down data softened the impact. XAU/USD recovers on mixed US data that weighs on US Dollar. Traders now anticipate only 25 basis points of Fed rate cuts in 2024, reducing expectations […]
NYC Tourists Expected To Generate $4.9 Billion In Tax Revenue For The City

NYC Tourists Expected To Generate $4.9 Billion In Tax Revenue For The City

Image Source: PexelsWhile residents and businesses continue to pour out of New York City in favor of tax-friendlier locations, tourists appear to be doing all the heavy lifting in helping the city raise tax revenue. Now, revenue generated by tourists is higher than it was pre-pandemic, with Bloomberg reporting that the 62.2 million people who visited New York City last […]
Total Loss Increasingly Likely If You Wreck Your Car

Total Loss Increasingly Likely If You Wreck Your Car

Image Source: PexelsWe are in the midst of a “total loss” epidemic says “Car Dealership Guy” on Twitter. Pictures explain why.Used Car and Truck Prices vs Maintenance and RepairsCPI data, chart by MishTotal Loss Epidemic We are in the midst of a “total loss” epidemic. More than *20%* of vehicles are now declared a write-off by […]
Bearish Reversal In Gold & Silver

Bearish Reversal In Gold & Silver

Image Source: PixabayGold reversed lower after a false new high, losing 3% on the week. Silver and the miners held up better, losing 2.5% and 3%-4% respectively.In this video, we discuss downside targets and support levels in Gold, Silver, and the miners.Video Length: 00:07:41More By This Author:The Great Silver Bull Breaks OutSilver Surges To $31 Gold […]