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Small-Caps Sinking To The Fib

Small-Caps Sinking To The Fib

Image Source: UnsplashA little over a week ago, the Russell 2000 small-caps reached escape velocity and were finally able to free themselves from the clutches of a two-year price range.Over the course of the most recent trading session, most of this “escape” was erased, but this could still be considered a bullish setup (very bullish, in fact) […]
EUR/USD Weekly Forecast: Inverse H&S Pattern Points To A Rebound

EUR/USD Weekly Forecast: Inverse H&S Pattern Points To A Rebound

Image Source: PexelsThe EUR/USD currency pair started last week with an upbeat tone as hopes of Federal Reserve interest rate cuts rose, pushing the US dollar to its lowest point since March. The pair then reversed and erased some of its weekly gains after the European Central Bank (ECB) decision. The EUR/USD exchange rate ended the week at 1.0882, down […]
Biden Is Dropping Out Of Presidential Race, Rumor Mill Correct

Biden Is Dropping Out Of Presidential Race, Rumor Mill Correct

The rumor mill was correct. President Biden has made it official. He is dropping out of the race.I had just finished a post on growing calls for Biden to drop out, then came the official announcement.I am getting this headline out. Details coming.More By This Author:Windows Update Halts 2,800 Flights, Hits Banks, Stops Online PaymentsContinued […]
3 Restaurant Stocks Poised To Deliver Q2 Earnings Beat

3 Restaurant Stocks Poised To Deliver Q2 Earnings Beat

Image: ShutterstockRestaurant companies’ second-quarter 2024 results are likely to be bolstered by increased menu prices, higher average check sizes, and expansion initiatives. Many restaurant companies have also benefited from partnerships with delivery services and digital platforms.Restaurant operators have been focused on digital innovation, sales-building strategies, and cost-saving measures. Digital innovation has become crucial, with partnerships […]
“Continued Deterioration”: Goldman Sees “Surplus Market” In Copper, Pushing Prices Lower In “Short-Term”

“Continued Deterioration”: Goldman Sees “Surplus Market” In Copper, Pushing Prices Lower In “Short-Term”

Image Source: PexelsOn Friday, copper futures were seen 15% below their May all-time high, hitting a two-week low. Goldman analyst Adam Gillard suggests that a “surplus market” could pressure prices of the base metal lower in the “short-term.”In recent weeks, copper has been stuck in a narrow range, and it is now down about 15% from the […]
Archer-Daniels-Midland: An Undervalued Agriculture Play With A Solid Dividend Yield

Archer-Daniels-Midland: An Undervalued Agriculture Play With A Solid Dividend Yield

Image Source: PixabayWe follow an approach to investing that focuses on broadly diversified investments in undervalued stocks for their long-term appreciation potential. Does that mean we build portfolios of 20 stocks, or perhaps 30? It’s more like 50 and up. We like stocks, and we like a lot of ‘em. One such stock is Archer-Daniels-Midland Co. (ADM), notes John Buckingham, […]
Techs And The Gap

Techs And The Gap

Image Source: PexelsLet’s keep a close eye on those price gaps on the tech stocks. I have highlighted the chart below with a dashed horizontal line on the Nasdaq Composite:As well as a dashed line here for the Nasdaq 100:More By This Author:Now IndustrialsNetflix’s Post-Earnings Action: Better Or Worse Brazil Opens Up
Pairs In Focus – Sunday, July 21

Pairs In Focus – Sunday, July 21

Image Source: Pixabay WTI Crude Oil The crude oil market seemed to be a bit negative during the course of the trading week, but oil continued to hang around the $80 level. Because of this, I think the space is just consolidating overall.The further this market drops, the more likely we are to see value hunters come back in and take advantage […]
Major Market Reversal Patterns In Place As Semi Stocks Finally Crack

Major Market Reversal Patterns In Place As Semi Stocks Finally Crack

Image source: PixabayStocks experienced a rough week, with the S&P 500 down by around 2% and the Nasdaq 100 finishing lower by almost 4%. The move in the small-caps also seems to be coming to an end now that the gamma squeeze is basically over. This leaves the market in a vulnerable position as we head into the heart […]
Ardent Health Slips After Downsized IPO

Ardent Health Slips After Downsized IPO

Image Source: Kevin Smith on FlickrShares of Ardent Health slipped in their trading debut on Thursday after the hospital operator reduced its initial public offering from its proposed size and priced below the marketed range. Latest IPOs and Direct Listings Artiva Biotherapeutics (ARTV) opened on July 19 at $16 after having priced 13.92 million shares at $12.00. Artiva is […]