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Cooling US Inflation Keeps The Fed On Track For Rate Cuts

Cooling US Inflation Keeps The Fed On Track For Rate Cuts

July inflation data suggests the Federal Reserve remains on track to hit its 2% target, which should allow the Fed to increasingly focus on its other target of maximizing US employment. A September interest rate cut is broadly expected, but the question of magnitude remains and puts the focus on the August jobs report, due […]
Bear Of The Day: J. B. Hunt Transport Services

Bear Of The Day: J. B. Hunt Transport Services

J. B. Hunt Transport Services (JBHT) is a Zacks Rank #5 (Strong Sell) as earnings estimates have tracked lower following a earnings miss in July.  The company is one of the largest provider of transportation services. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of […]
Top-Ranked Stocks To Buy In August Efficiently Generating Profits

Top-Ranked Stocks To Buy In August Efficiently Generating Profits

The stock market ripped higher through morning trading Tuesday as the bulls turned up the heat ahead of the CPI release on Wednesday. Wall Street buyers dug their heels in at the Nasdaq’s 200-day (near the tech-heavy index’s 2021 highs) because big tech had already tumbled.The bulls are trying to take the tech-heavy index back […]
EUR/USD Analysis: Euro Nears Seven-Month High

EUR/USD Analysis: Euro Nears Seven-Month High

Amidst a bullish momentum supported by the decline in US inflation figures, the EUR/USD currency pair has returned to the psychological resistance level of 1.1000, bolstering the dominance of bulls. This marks the highest level for the currency pair in seven months, driven by the weakening of the US dollar following the release of lower-than-expected […]
Sensex Today Ends 150 Points Higher; Nifty Above 24,100

Sensex Today Ends 150 Points Higher; Nifty Above 24,100

After opening the day on the muted, Indian benchmark indices turned positive as the session progressed but ended the day higher.Equity benchmark indices, BSE Sensex and NSE Nifty50, ended in the green on Wednesday.At the closing bell, the BSE Sensex stood higher by 150 points (up 0.2%).Meanwhile, the NSE Nifty closed higher by 4 points.TCS, Infosys, and Wipro are […]
These 3 Stocks Just Raised Their Dividends

These 3 Stocks Just Raised Their Dividends

Dividend stocks are often sought after in bear markets or times of market turbulence, as they are typically stocks of steady, stable companies that are well capitalized with lots of liquidity to navigate choppy markets. depositphotos They also provide dividend income at a time when investors could use the extra return.In recent weeks, three excellent dividend stocks raised their […]
Why Waiting For Election Results To Buy Gold Makes No Sense

Why Waiting For Election Results To Buy Gold Makes No Sense

Image Source: Pixabay  So, you’re thinking about investing in gold and precious metals, but you’re hesitating because there’s an election coming up. You’re not alone. Many people think they should wait to see what happens at the polls before making a move. But let’s break down why that might not be the best idea.  Speculation and […]
Is Ethereum Price Poised For A Major Rebound? Can It Hit $3k?

Is Ethereum Price Poised For A Major Rebound? Can It Hit $3k?

To regain bullish momentum, Ethereum’s (ETH) price has pumped over 4 percent in the last 24 hours to trade above $2,740 on Wednesday. The top altcoin, with a fully diluted valuation of about $329 million and a daily average traded volume of around $13 billion, has been attempting to close the CME gap between $2,737 […]
Cardano Upbeat As On-chain Data Reveals ADA Could Be Undervalued

Cardano Upbeat As On-chain Data Reveals ADA Could Be Undervalued

Cardano has recently faced a period of stagnation with its native token ADA trading predominantly between $0.35 and $0.45 since the August 5 drop.Although ADA has recovered from a low of around $0.29 on August 5 to the current price of $0.34, it is yet to embark on a significant bullish streak, leading to concerns […]
Harris presidency might not be negative for crypto, CoinShares suggests

Harris presidency might not be negative for crypto, CoinShares suggests

Key Takeaways Trump selects pro-crypto J.D. Vance as running mate for 2024 election. Harris’ crypto stance remains unclear, potentially less favorable than Trump’s. A recent report by asset management firm CoinShares discusses the potential impacts related to the US elections. While Donald Trump shows himself as a pro-crypto candidate, Kamala Harris might show a balanced […]