Archives by Month:

Archives by Year:

Stronger Than Expected Housing Report In August, Especially Completions

Stronger Than Expected Housing Report In August, Especially Completions

  Building Permits Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,475,000. This is 4.9 percent above the revised July rate of 1,406,000, but is 6.5 percent below the August 2023 rate of 1,578,000. Single-family authorizations in August were at a rate of 967,000; this is […]
Bitcoin jumps close to $61,000, then pulls back after Fed’s rate cut

Bitcoin jumps close to $61,000, then pulls back after Fed’s rate cut

Key Takeaways Bitcoin and S&P500 both increased following the Fed’s rate cut. The crypto market cap increased by over 3% in the last 24 hours. Share this article Bitcoin (BTC) experienced a sudden increase, approaching $61,000 shortly after the Federal Reserve (Fed) lowered US interest rates by 0.5%, its first cut in over 4 years. […]
‘Apolitical’ Fed Slashes Rates By 50bps With Stocks & Home-Prices At Record Highs

‘Apolitical’ Fed Slashes Rates By 50bps With Stocks & Home-Prices At Record Highs

Image Source: Pexels Tl; dr: Despite only 9 of 113 economists surveyed expecting a 50bps rate-cut, Powell and his pals did it. At the same time they slashed their ‘DOTS’ expectations for rates, despite not adjust growth expectations, barely adjust unemployment, and hoping for lower inflation.And all this two months before the election… amazing! Amazing what an 818K […]
Visualizing S&P 500 Returns After Interest Rate Cuts

Visualizing S&P 500 Returns After Interest Rate Cuts

Today, weaker-than-expected economic data and easing inflation has strengthened the case for U.S. interest rate cuts for the first time since 2020.Although S&P 500 firms were largely protected from rising rates due to locking in lower rates in 2020 and 2021, many loans are up for renewal in 2025. While S&P 500 returns have typically […]
SBI Life Insurance Co – Elliott Wave Technical Analysis

SBI Life Insurance Co – Elliott Wave Technical Analysis

SBI LIFE INSURANCE CO – SBILIFE (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate degree, orange)  Mode: Motive  Structure: Impulse  Position: Minute Wave ((v)) Navy   Details: Minute Wave ((v)) looks complete around 1940 or could be soon terminating within Minor Wave 5 Grey of Intermediate Wave (5) Orange. Traders are advised to book profits here as prices have turned lower. Invalidation point: 1667.SBI Life Insurance Co Daily Chart Technical Analysis and potential Elliott Wave […]
Do The Numbers Matter? Or Is It Real Feel? The Corn & Ethanol Report

Do The Numbers Matter? Or Is It Real Feel? The Corn & Ethanol Report

We kicked off the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., Building Permits Prel, Building Permits MoM Prel, Housing Starts, and Housing Starts MoM at 7:30 A.M., EIA Energy Stocks at 9:30 A.M., 17-Week Bill Auction at 10:30 […]
Ethena Labs suffers frontend attack, confirms protocol remains unaffected

Ethena Labs suffers frontend attack, confirms protocol remains unaffected

Key Takeaways Ethena’s frontend compromise has led to significant user risk. The protocol’s USDe token is backed by crypto assets and futures. Share this article Ethena, a synthetic dollar protocol built on Ethereum, has suffered a frontend compromise, prompting warnings for users to avoid interacting with its user interface or links. News of the compromise […]
Super Micro Computer – Is This The Best Investment In AI?

Super Micro Computer – Is This The Best Investment In AI?

Photo by Steve Johnson on Unsplash The Best AI Stock? In this video, Chuck Carnevale, Co-Founder of FAST Graphs, a.k.a. Mr. Valuation is going to be highlighting what he considers to be the best investment in AI – Super Micro (SMCI). Chuck has done a lot of research on Super Micro Computer. Just to be clear, Chuck is […]
Softs Report – Wednesday, Sep. 18

Softs Report – Wednesday, Sep. 18

COTTON General Comments: Cotton was lower yesterday on ideas that the Monday rally was overdone. There are still ideas of weaker demand potential against an outlook for improved US production in the coming year. There have been demand concerns about Bangladesh and China and ideas are that production is strong enough. The Delta should have […]
GM Vehicles Can Now Access Tesla Supercharger Network, Stock Gains

GM Vehicles Can Now Access Tesla Supercharger Network, Stock Gains

Image courtesy of 123rf.com General Motors (NYSE: GM) announced Wednesday that its electric vehicles will now have access to Tesla’s extensive Supercharger network, marking a significant milestone in the evolution of electric vehicle charging infrastructure. The move comes as GM’s stock experiences a notable uptick, reflecting investor confidence in the automaker’s electric future. GM’s Electric Vehicle Charging Expansion […]