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5 Out Of 12 Fed Districts Show Flat Or Declining Economic Growth

5 Out Of 12 Fed Districts Show Flat Or Declining Economic Growth

Image Source: PexelsLet’s tune into the Fed’s Beige Book summary of economic activity in the twelve Federal Reserve districts.Summary below from The Beige Book Summary of Commentary on Current Economic Conditions.Beige Book Overall Activity Key Points Seven Districts reported some level of increase in activity, and five noted flat or declining activity—three more than in the prior […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, July 17

Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, July 17

Image Source: PixabayJust when you think it can’t get stranger – it does! The Nasdaq fell apart on Wednesday with the AI stocks dependent on Taiwanese chips taking a beating. This brought the NQ to its knees somewhat with the ES also participating in the “smack down” as well. The DJIA on the other hand rallies […]
Ride Bullish Momentum With These 3 Stocks

Ride Bullish Momentum With These 3 Stocks

Image Source: PexelsMomentum investors look to ride bullish trends where buyers are in control. The strategy has been particularly rewarding in 2024 amid the market’s strong showing thanks to a resilient economy.And pairing the strategy with the Zacks Rank makes the approach even more potent. Three stocks – CyberArk Software (CYBR – Free Report), LendingTree (TREE – Free Report), and […]
The Start Of A “Teutonic Tech Trashing” ?

The Start Of A “Teutonic Tech Trashing” ?

Image Source: UnsplashMARKETSIn a dramatic twist reminiscent of a roller coaster’s unexpected steep drop, the Nasdaq had its worst day since 2022 as tech stocks took a nosedive. The selloff was so intense it felt like investors were playing an impromptu game of “Hot Potato” with their shares.The Nasdaq Composite index plummeted 2.8%, marking its most […]
GBP/JPY Declines Amid Speculation Of Ongoing ‘Yenterventions’ From BoJ

GBP/JPY Declines Amid Speculation Of Ongoing ‘Yenterventions’ From BoJ

Image Source: Pixabay GBP/JPY tumbled back to 203.00 as markets suspect continued market intervention. The Yen soared a full percent against the Pound Sterling on Wednesday. This follows last week’s 2% sudden decline and a surge in BoJ spending. GBP/JPY continued a pattern of sharp declines on Wednesday, tumbling over a full percent on the day […]
3 Buy Rated Stocks To Consider After Earnings

3 Buy Rated Stocks To Consider After Earnings

Image Source: UnsplashFavorable quarterly results from several buy-rated stocks have rolled in this week with now appearing to be an ideal time to invest in their growth.These three top-rated stocks stand out in particular as earnings estimate revisions are likely to trend higher following their quarterly reports on Tuesday. Interactive Brokers (IBKR – Free Report)Zacks Rank #1 (Strong Buy)Higher trading […]
Current Analysis: Pfizer Inc.

Current Analysis: Pfizer Inc.

Image Source: PixabayPfizer (PFE) is one of the world’s largest pharmaceutical firms, with annual sales close to $50 billion (excluding COVID-19 product sales).While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales.Top sellers include the pneumococcal vaccine Prevnar 13, the cancer drug Ibrance, and […]
Gold Dips From Record High, Remains Bullish On Dovish Fed

Gold Dips From Record High, Remains Bullish On Dovish Fed

Image Source: Unsplash Gold prices fall to $2,457 after hitting an all-time high of $2,483 due to profit-taking. Fed officials signal potential rate cuts; Governor Waller suggests downward trend for Fed funds rate. US Dollar Index drops to 103.72, its lowest since March 2024, while US Treasury yields decline. Gold prices retreated as investors took profits […]
Top Research Reports For Apple, Lowe’s & Shopify

Top Research Reports For Apple, Lowe’s & Shopify

Image Source: UnsplashTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.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), Lowe’s Companies, Inc. (LOW), and […]
Will Main Street Capital Cut Its Monthly Dividend?

Will Main Street Capital Cut Its Monthly Dividend?

Main Street Capital (NYSE: MAIN) is a popular business development company, or BDC, that lends to and invests in businesses that are cash flow positive and generate at least $10 million in revenue per year.It currently has 191 companies in its portfolio and pays a 5.7% dividend yield.The stock has become a favorite of income investors […]