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Economic Data Forecasts For The Weeks Of Sept 9 & 16

Economic Data Forecasts For The Weeks Of Sept 9 & 16

  Here are my forecasts for upcoming economic data.       Forecast Prior Observation   Week of September 9       September 9       Wholesale Inventories – July 0.3% 0.3   Consumer Credit – July $12.0B 8.9           September 10       NFIB Small Business Optimisim […]
7 Largest Companies – Saturday, Sept. 7

7 Largest Companies – Saturday, Sept. 7

Image Source: PexelsHere is a brief look at the 7 largest companies by market capitalization as of Saturday, Sept. 7, 2024. 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 $3.39 trillion, with year-to-date gains of +14.7% Microsoft (MSFT) has a market cap of $2.99 trillion, with […]
4 Reasons Why Pi Network Mainnet Launch May Not Happen Soon

4 Reasons Why Pi Network Mainnet Launch May Not Happen Soon

Pi Network, the viral tap-to-earn platform, is running out of steam as it marks five years of existence. Data shows that Google search terms for the keywords ‘Pi Network’ and ‘Pi coin’ have nosedived after peaking earlier this year. Social media mentions have also retreated sharply in the past few years. Additionally, the Pi Network […]
Our 6-Part Computer Chips Portfolio Was Down 2% In August

Our 6-Part Computer Chips Portfolio Was Down 2% In August

There are 6 segments involved in the design, material supply, fabrication,  testing, packaging, and distribution of semiconductor devices such as microprocessors, memory chips, and sensors involving multiple companies, each with their own specialized contributions.Our Computer Chips PortfolioThe 27 pure-play stocks involved in the 6 segments are presented below: Pure-Play Custom Design Software Stocks Given that […]
Currency Speculators Push Canadian Dollar, British Pound & Yen Bets Higher For Multiple Weeks 
                    
Weekly Speculator Changes led by CAD, GBP & JPY
Speculators push Canadian Dollar, British pound & Yen bets higher for multiple weeks
Currencies Net Speculators Leaderboard
Strength Scores led by Japanese Yen & British Pound
Japanese Yen & Canadian Dollar top the 6-Week Strength Trends

Currency Speculators Push Canadian Dollar, British Pound & Yen Bets Higher For Multiple Weeks Weekly Speculator Changes led by CAD, GBP & JPY Speculators push Canadian Dollar, British pound & Yen bets higher for multiple weeks Currencies Net Speculators Leaderboard Strength Scores led by Japanese Yen & British Pound Japanese Yen & Canadian Dollar top the 6-Week Strength Trends

Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC).The latest Commitment of Traders (COT) data is updated through Tuesday September 3rd and shows a quick view of how large market participants (for-profit speculators and for-profit speculators) were positioned in the futures markets. All currency positions are in direct relation to […]
Little 5 Sporting Goods

Little 5 Sporting Goods

Big Five Sporting Goods (BGFV) is no longer worthy of its name, its stock price having been harpooned more than 95% from its 2021 high. The sporting goods retailer of 425 stores trades for just $40 million, or about $94,000 per store. But the company’s inventory averages $680,000 per store, so this is worth a […]
Tether uses gold to back new synthetic dollar as gold is less volatile than Bitcoin, says Paolo Ardoino

Tether uses gold to back new synthetic dollar as gold is less volatile than Bitcoin, says Paolo Ardoino

Key Takeaways Tether’s new gold-backed digital asset aims to enhance user confidence with blockchain technology. Tether’s CEO sees the US election as pivotal for the future of the crypto industry. Share this article One of the reasons Tether has chosen gold to back its new synthetic dollar, aUSDT, is its relative stability compared to Bitcoin, […]
These AI-Related Stocks Were Down +10% Week Ending September 6

These AI-Related Stocks Were Down +10% Week Ending September 6

IntroductionTech stocks plummeted this week after the ISM manufacturing index reported August figures that came in below consensus expectations raising fears about the strength of the economy and increasing chances that the Federal Reserve will cut interest rates.Below is a list of those AI and AI-related stocks we monitor in our 12 portfolios that declined 10% or more, in descending order, w/e […]
USD/JPY Price Forecast: Downtrend Resumed, Boosted By US Yields Falling

USD/JPY Price Forecast: Downtrend Resumed, Boosted By US Yields Falling

Image Source: Unsplash The downtrend in the USD/JPY pair continued, as downward momentum accelerated after volatility from the US Nonfarm Payrolls data. Key support levels include 142.50, 142.00, and Friday’s low of 141.77, with further downside likely if these figures are breached in the coming days. Resistance stood at the 143.44 level, with higher targets seen at the 144.49 (Tenkan-Sen) and […]
Week In Review: EpimAb Sells T-Cell Engager In $635 Million Deal

Week In Review: EpimAb Sells T-Cell Engager In $635 Million Deal

Image Source: Unsplash Deals and Financings Shanghai’s EpimAb Biotherapeutics sold global (ex-China) rights for a clinical-stage asset to Vignette Bio, a San Francisco startup, in a $635 million deal (see story). EpimAb’s EMB-06 is a BCMA-targeting T-cell engager that is currently in a Phase I/II trial in China and Australia for multiple myeloma.EpimAb is an oncology company, […]