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The 7 AI Categories Were Down 4%, On Average, This Week; Up 1% In May

The 7 AI Categories Were Down 4%, On Average, This Week; Up 1% In May

Photo by Steve Johnson on UnsplashAn IntroductionThe 7 AI categories tracked by munKNEE.com went down 4.3% this week after having gone up each of the last 3 weeks  and are now only up 1.3%  for the month of May. This article identifies how each category performed, in descending order, along with a description of what makes up each […]
General Electric: The Re-Constituted And Re-Invigorated Dividend Play

General Electric: The Re-Constituted And Re-Invigorated Dividend Play

Image Source: PixabayGeneral Electric (GE) was the quintessential dividend growth stock in the 1990s. It made many millionaires through price appreciation and a rising payout. Eventually, the company ran into problems during the subprime mortgage crisis and the Great Recession. But today, the “new” GE Aerospace is an attractive company focusing on commercial and defense markets, explains Prakash Kolli, editor of Dividend […]
Airline Stock Roundup: American Airlines’ Dull Q2 Guidance, Allegiant’s Disappointing April Traffic

Airline Stock Roundup: American Airlines’ Dull Q2 Guidance, Allegiant’s Disappointing April Traffic

Image: ShutterstockIn the past week, American Airlines (AAL – Free Report) management trimmed its earnings per share outlook for second-quarter 2024. CEO Robert Isom stated that the softness pertaining to bookings was due to changes in the airline’s sales strategy. Vasu Raja, American Airlines’ chief commercial officer, who was spearheading the new sales and distribution strategy, will step down in June.Allegiant Travel (ALGT – Free […]
Forex And Cryptocurrencies Forecast For June 3-7

Forex And Cryptocurrencies Forecast For June 3-7

Image Source: Unsplash EUR/USD: Awaiting a Turbulent Week Recall that Monday, May 27 was a holiday in the US. However, on Tuesday, dollar bulls took control, and the DXY Index started to rise, bolstered by a significant increase in the US Consumer Confidence Index (from 97.5 to 102.0 against a forecast of 96.0). Consequently, the EUR/USD currency […]
Day Trading During A Slow Holiday Week

Day Trading During A Slow Holiday Week

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: PixabayWe made it to the end of a holiday-shortened week. It was a slow week of day trading, but I’m happy with how it finished. Let’s break it down in today’s recap. My Trading Week […]
Major Markets June Report

Major Markets June Report

Image Source: PixabayIn this video, I review the markets’ movements seen through the month of May, and I discuss what moves we may see in June.00:10:15More By This Author:A Look At Primary Waves – Sunday, May 12A Look At The Magnificent 7’s ChartsLooking At Indices, Sectors, Bitcoin
Week In Review: MediLink And BioNTech Form $1.8 Billion ADC Partnership

Week In Review: MediLink And BioNTech Form $1.8 Billion ADC Partnership

Image Source: Pixabay Deals and Financings Suzhou MediLink partnered with Germany’s BioNTech (BNTX) to use MediLink’s TMALIN antibody-drug conjugate (ADC) platform to discover ADC candidates for several novel targets chosen by BioNTech (see story). MediLink will receive an upfront payment of $25 million and up to $1.8 billion in milestones, plus tiered royalties.MediLink has first negotiation rights to commercialize any candidates in […]
5 Best-Performing Leveraged ETFs Of May

5 Best-Performing Leveraged ETFs Of May

Image: BigstockWall Street witnessed a solid rally in May, buoyed by renewed Fed rate cut bets, solid corporate earnings, and the artificial intelligence (AI) boom. All three major indices hit record highs during the month, touching new milestones. The S&P 500 crossed 5,300, the Dow Jones Industrial Average touched 40,000, and the Nasdaq Composite Index topped 17,000 for […]
Soaring US Trade Deficit Smacks The Atlanta Fed GDPNow Forecast

Soaring US Trade Deficit Smacks The Atlanta Fed GDPNow Forecast

Image Source: PexelsTwo Atlanta Fed GDPNow measures took a 0.8 percentage point dive on May 31. Let’s go over why. Please consider the May 31, 2024 GDPnow Forecast for second quarter GDP. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2024 is 2.7 percent on May 31, down from […]
Masters In Trading – Saturday, June 1

Masters In Trading – Saturday, June 1

Image Source: PexelsIn this video, I recap the most recent trading session and review my portfolio. I also discuss some trades taken throughout the week.00:17:05More By This Author:Masters In Trading – Friday, May 24Masters In Trading – Saturday, May 11Masters In Trading – Friday, May 3