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3 Companies Reporting Remarkable Results: Walmart, Eli Lilly, Cardinal Health

3 Companies Reporting Remarkable Results: Walmart, Eli Lilly, Cardinal Health

Image: BigstockThe 2024 Q2 earnings season is slowly grinding to a halt, with the vast majority of S&P 500 companies already delivering quarterly results. Peeking a bit ahead, earnings for the current period (2024 Q3) are expected to be up 4.3% on 4.6% higher revenues, chaining together consecutive periods of positivity.Below is a chart illustrating […]
Thoughts On Market Tops Amid Wild And Wooly Action

Thoughts On Market Tops Amid Wild And Wooly Action

Image Source: PixabayThis has been a wild and wooly couple of market weeks. First, the Fed held pat on interest rates. But after badgering Jerome Powell with the same question asked in myriad ways, he eventually caved and essentially told listeners what they wanted to hear. The markets exploded. But my thought is that a topping process […]
The 7 Largest Companies By Market Cap And Year-To-Date Gains – Saturday, Aug. 17

The 7 Largest Companies By Market Cap And Year-To-Date Gains – Saturday, Aug. 17

Image Source: PexelsHere is a brief look at the 7 largest companies by market capitalization. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Apple (AAPL) has a market cap of 3.47 trillion, with year-to-date gains of +17.4% Microsoft (MSFT) has a market cap of 3.11 trillion, with year-to-date gains of +11.3% Nvidia […]
Time To Ease

Time To Ease

Image Source: PixabayRetail sales data came in on Thursday. American consumer spending, it turns out, was up 1% month-over-month. “Hotter than expected” was the term of the day. Markets were certainly happy with the news. All three major American indices opened higher, with the techs over in the Nasdaq leading the way.After years of anticipation, investors are […]
Canadian Dollar Firms Up Against Greenback On Friday

Canadian Dollar Firms Up Against Greenback On Friday

The Canadian Dollar (CAD) was overall softer on Friday, shedding weight across the currency board, but still found gains against the risk-appetite-weakened Greenback to wrap up the trading week. Broad-market risk sentiment improved further on Friday as upbeat US data prints help to temper recent investor fears of a US recession.Canada will be bringing its […]
GOLD Trading Strategy, XAUUSD Analysis & XAUUSD Forecast – Saturday, August 17

GOLD Trading Strategy, XAUUSD Analysis & XAUUSD Forecast – Saturday, August 17

Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:22More By This Author:Gold Close To 2450.58: Will The Gold Return […]
Stock Market Crash Predictions 2024: The Trend Tells The Real Story

Stock Market Crash Predictions 2024: The Trend Tells The Real Story

The Folly of Short-Term PredictionsAs we approach 2024, the financial media is abuzz with impending stock market crash predictions. Headlines scream of economic uncertainties, geopolitical tensions, and overvalued assets. However, seasoned investors know that focusing on short-term predictions is often a fool’s errand. As Peter Lynch, the legendary mutual fund manager, once said, “Far more […]
US Dollar Softened Ahead Of The Weekend After Mid-tier Data

US Dollar Softened Ahead Of The Weekend After Mid-tier Data

On Friday, the US Dollar (USD), as measured by the US Dollar Index (DXY), experienced a decline following the release of the University of Michigan’s Consumer Sentiment Index figures and softer-than-expected housing market data.As per the US economic outlook, careful evaluation of the data suggests that the US economy is maintaining growth above trend. This portrays an overestimation […]
Forex And Cryptocurrency Forecast For August 19 – 23, 2024

Forex And Cryptocurrency Forecast For August 19 – 23, 2024

EUR/USD: Wall Street Triumphs Over the Dollar ● The Dollar Index (DXY) fell throughout the beginning of the week, while the EUR/USD pair rose. This was due to the after-effects of the “Grey Friday” on August 2 and the “Black Monday” on August 5, which we covered in detail in our previous review. The EUR/USD pair reached a local […]
EUR/USD Weekly Forecast: Fed Poised For Sep Cut Amid Soft CPI 
                    
EUR/USD weekly technical forecast: Bulls retest channel support in uptrend

EUR/USD Weekly Forecast: Fed Poised For Sep Cut Amid Soft CPI EUR/USD weekly technical forecast: Bulls retest channel support in uptrend

The EUR/USD weekly forecast shows solid bullish momentum, as US inflation data suggest a Fed rate cut at the September meeting. Ups and downs of EUR/USDThe EUR/USD pair ended the week up as the euro rose amid dollar weakness. The dollar had a tough week as data increased the likelihood of a 25 bps Fed rate […]