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Stocks And Precious Metals Charts – Economic Weakness

Stocks And Precious Metals Charts – Economic Weakness

Stocks came in rallying this morning, for whatever reasons people might wish to ascribe.Gold held a little bounce, and silver a small decline.The Dollar similarly held a little bounce.Economic data this morning gave further reinforcement towards economic weakness.The VIX wallows in complacency.A less significant stock option expiration will be this Friday.Have a pleasant evening. More […]
High Dividend 50: Truist Financial Corporation

High Dividend 50: Truist Financial Corporation

High-yield stocks pay out dividends that are significantly more than market average dividends. For example, the S&P 500’s current yield is only ~1.3%.High-yield stocks can be very helpful to shore up income after retirement. A $120,000 investment in stocks with an average dividend yield of 5% creates an average of $500 a month in dividends.Truist Financial […]
TSMC, Netflix, And AXP To Report Earnings This Week: What To Expect

TSMC, Netflix, And AXP To Report Earnings This Week: What To Expect

Image courtesy of 123rf.com On Thursday, two major companies, Netflix (Nasdaq: NFLX) and Taiwan Semiconductor (Nasdaq: TSM), will release their Q2 earnings, each dominant in its own sector. American Express (NYSE: AXP) will follow up the next day.While Netflix is leaning more toward a growth stock, TSM and AXP are reputable blue-chip stocks. What can existing […]
Time, Trust And Trading

Time, Trust And Trading

As the bull market in U.S. equities continues, with the S&P 500®  up 18% YTD,1 we have witnessed in parallel an extraordinary time in the fixed income markets. Historically low credit spreads have led to the outperformance of high yield bonds relative to corporate bonds and corporate bonds relative to Treasuries. The iBoxx USD High Yield Developed Markets outperformed […]
Are Semiconductor Stocks Nearing An Inflection Point?

Are Semiconductor Stocks Nearing An Inflection Point?

Image Source: Unsplash Technology stocks have been a bona fide leader, repelling sell-off attempts and pushing higher.Same goes for the undisputed king of technology, the Semiconductors Sector (SMH).But, we are at a critical crossroads for SMH (and the broader market!).“The facts, Ma’am. Just the facts.” – Joe FridayToday we look at a “weekly” chart of the Semiconductors […]
Dow Stays Hot, Adds 210 Points For Record Close 
                    
 

Dow Stays Hot, Adds 210 Points For Record Close  

Stocks extended their winning ways into a new week today. The Dow picked up a fourth-straight win, thanks to another triple-digit pop and record close. The S&P 500 and Nasdaq, also finished confidently in the black, the former falling just short of its own record finish.Small caps continue their resurgence as well, with the Russell 2000 […]
Bitcoin set for new all-time high in 2024 as worst correction ends, experts say

Bitcoin set for new all-time high in 2024 as worst correction ends, experts say

Key Takeaways Bitcoin rebounded 12% to $63,585 after a 25.2% correction lasting 42 days. Experts predict a new Bitcoin all-time high in 2024, possibly before summer ends. Bitcoin (BTC) regained momentum during the weekend and started climbing from the $56,000 price zone to the current $63,585.22, after a nearly 12% increase during this period. Along […]
5 Ways Generative AI Will Power Up The Open Finance Boom 
                    
 
1. Predictive Analytics
 
2. Autonomous Invoices
 
3. Cost Reduction
 
4. Upgrading Customer Experience
 
5. Stronger Security
 
Risk-Free Fintech?

5 Ways Generative AI Will Power Up The Open Finance Boom   1. Predictive Analytics   2. Autonomous Invoices   3. Cost Reduction   4. Upgrading Customer Experience   5. Stronger Security   Risk-Free Fintech?

For fintech and traditional financial services alike, digital transformation has been laden with inefficiencies and growing pains. Reliance on archaic processes has made modernization more challenging, but generative AI could help to overcome these long-standing difficulties. The data is hard to ignore when it comes to measuring generative AI’s impact. According to Goldman Sachs, the arrival […]
Empire Fed Contraction Streak

Empire Fed Contraction Streak

In a fairly light data slate this morning, the NY Fed released its monthly regional manufacturing survey results. The headline reading showed a minor drop down to -6.6. While down 0.6 points month over month, it was a modestly smaller decline than the expected drop to -7.6. Despite that better-than-expected reading, the still negative index would […]
Canadian Gold Exports To China Surge In Another Sign Of Gold Flowing From West To East

Canadian Gold Exports To China Surge In Another Sign Of Gold Flowing From West To East

 Canada’s growing gold exports to China provide more evidence of the shift of gold from the West to the East. Asian gold demand has been hot through the first half of 2024. Vietnamese and Thai investors flocked to gold despite long lines and high prices.  Gold is flying off convenience store shelves in Korea. And gold […]