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Boeing Reports Challenging Q2 2024

Boeing Reports Challenging Q2 2024

Image Source: Unsplash  Boeing (NYSE: BA) reported its financial results for the second quarter of 2024, revealing a challenging period marked by significant losses.The company recorded a revenue of $16.9 billion, a 15% decline from $19.8 billion in the same quarter of 2023. The GAAP loss per share stood at ($2.33), while the core loss per share was ($2.90). […]
Elliott Wave Technical Analysis: MicroStrategy Inc. – Wednesday, July 31

Elliott Wave Technical Analysis: MicroStrategy Inc. – Wednesday, July 31

Image Source: Unsplash  MSTR Elliott Wave Analysis Trading Lounge Daily Chart,MicroStrategy Inc.,  (MSTR) Daily ChartMSTR Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 3.  DIRECTION: Upside into wave 3.    DETAILS: We are looking at either upside into wave 3, or else we could have had a sideways wave (4) and we could now be correcting in minor […]
Hedges For A Volatile Market

Hedges For A Volatile Market

A SimpleVisor subscriber asked us a poignant question; we think the answer is worth sharing. Simply put, we were asked if we had any hedges in the portfolio and how we might hedge in the future. We currently do not have any shorts or option hedges in place. However, we have trimmed some positions to reduce our […]
June Jolts Report: Deceleration All Around (Including The Bad Stuff)

June Jolts Report: Deceleration All Around (Including The Bad Stuff)

The theme of the JOLTS report for June was “continued deceleration,” but no particular cause for concern. As we’ll see below, that’s because the “bad” metrics declined just as must as the “good” ones did. To start with, job openings (blue in the graph below), a soft statistic that is polluted by imaginary, permanent, and trolling listings, […]
BOJ Delivers, Sending Greenback To Almost JPY150; Now Over The To Federal Reserve

BOJ Delivers, Sending Greenback To Almost JPY150; Now Over The To Federal Reserve

Image Source: Pixabay  Overview: A 15 bp hike by the BOJ and plans to halve its bond purchases by the end of FY25 (in March 2026), coupled with a hawkish press conference by Governor Ueda sent the dollar to nearly JPY150, its lowest level in four months. A soft-core inflation reading in Australia send the Aussie lower […]
Bull Of The Day: Badger Meter (BMI)

Bull Of The Day: Badger Meter (BMI)

Badger Meter (BMI) , a Zacks Rank #1 (Strong Buy), manufactures water meters and related technologies to the municipal water utilities market. The company has been benefitting from renewed strength in small- and mid-cap stocks. Badger Meter shares have begun to display relative strength, recently surging to 52-week highs. Increasing volume has attracted investor attention […]
Futures Surge As Tech, Semis Rebound Ahead Of Fed Decision

Futures Surge As Tech, Semis Rebound Ahead Of Fed Decision

Despite disappointing earnings from world’s second biggest company and Mag 7 titan, Microsoft, global stocks rallied on Wednesday, with Nasdaq 100 index futures jumping, as a flurry of bullish news powered a rebound in technology stocks ahead of today’s Fed meeting. US equity futures are higher with Tech leading and Semis outperforming: NVDA +5% pre-mkt […]
Stocks Face More Volatility Ahead Of Fed And Earnings

Stocks Face More Volatility Ahead Of Fed And Earnings

The S&P 500 sentiment improves again, but will the market break its recent highs?Stock prices fluctuated yesterday, with the S&P 500 index closing 0.50% lower, extending a short-term consolidation after recent declines. The index approached last week’s local low of 5,390.95 before rebounding from the 5,400 level. This morning, sentiment is improving, and the index […]
Terra hit by $6 million loss as attacker exploits vulnerability known since April

Terra hit by $6 million loss as attacker exploits vulnerability known since April

Key Takeaways Terra blockchain lost over $6 million in an exploit using a vulnerability known since April 2023. ASTRO token price dropped up to 71% following the exploit, while Terra’s total value locked decreased by 15%. Cosmos-based Terra blockchain lost over $6 million after being hit with an exploit today, as reported by blockchain security […]
Oil Rises Amid Escalation Of Conflict In The Middle East

Oil Rises Amid Escalation Of Conflict In The Middle East

Image Source: Unsplash  US stocks traded mixed on Tuesday, with the Dow Jones (US30) Index up 0.50% and the S&P 500 (US500) Index down 0.50%. The Nasdaq Technology Index (US100) closed yesterday negative 1.28% and fell to an 8-week low. Stocks gave up early gains on Tuesday and traded mixed amid escalating geopolitical risks after the Israeli military struck a Hezbollah target in Beirut, […]