Archives by Month:

Archives by Year:

Early Read On Existing Home Sales In August

Early Read On Existing Home Sales In August

Image Source: Pexels Lawler: Early Read on Existing Home Sales in August,Calculated RiskFrom housing economist Tom Lawler: Early Read on Existing Home Sales in August Based on publicly available local realtor/MLS reports released across the country through today, I project that existing home sales as estimated by the National Association of Realtors ran at a seasonally adjusted […]
Hindalco Industries – Hindalco Stocks Elliott Wave Technical Analysis

Hindalco Industries – Hindalco Stocks Elliott Wave Technical Analysis

HINDALCO INDUSTRIES – HINDALCO (1D Chart) Elliott Wave Technical AnalysisFunction: Larger Degree Trend Higher (Intermediate degree, orange.)  Mode: Motive  Structure: Impulse  Position: Minor Wave 5 Grey  Details: Minor Wave 5 Grey progressing higher within Intermediate Wave (5) against 595. No change. Invalidation point: 595-600Hindalco Industries Daily Chart Technical Analysis and potential Elliott Wave Counts: Hindalco Industries daily chart indicates the stock is potentially pushing higher to terminate Minor Wave 5 Grey and subsequently Intermediate Wave (5) Orange above […]
Reflections On Investing : Earnings, The Engine Of The Stock Market

Reflections On Investing : Earnings, The Engine Of The Stock Market

Image Source: Pixabay The ultimate source of value for common stocks is the earnings of corporations. In the last four and a half years the S&P 500 has risen 124%. How is that increase related to earnings and what does it imply for the future of the market?Video Length: 00:08:50More By This Author:Brief Update On The […]
Binance urges WazirX to compensate users after $235M hack

Binance urges WazirX to compensate users after $235M hack

Key Takeaways Binance asserts it has never owned or controlled WazirX, countering claims from the Indian exchange. Binance urges WazirX to compensate users affected by the $235 million hack. Share this article Binance, in an official statement released today, has denied responsibility for covering WazirX’s $235 million hack losses, rejecting claims of ownership or control […]
Apple Stock Comes In Three Variants

Apple Stock Comes In Three Variants

Image Source: Unsplash During my time as a fighter pilot, a one-versus-one dogfight was one of the most challenging types of flights: a mission pitting one pilot’s skills against his opponent. This air combat training was not the type of mission where you wanted to come home second best.The new category of single stock covered-call ETFs […]
Warren Buffett Adds New Stocks To Berkshire Hathaway’s Portfolio

Warren Buffett Adds New Stocks To Berkshire Hathaway’s Portfolio

Image Source: Pexels Warren Buffett, often referred to as the “Oracle of Omaha”, has long been regarded as one of the most successful and astute investors in modern history. As the chairman and CEO of Berkshire Hathaway (BRK-A) (BRK-B), Buffett has built a reputation for making strategic, long-term investments that have paid off handsomely. His investment […]
Stocks Hit New All-Time Highs Ahead Of Rate Cuts

Stocks Hit New All-Time Highs Ahead Of Rate Cuts

Image Source: Pixabay The Dow finally has company – the much broader S&P 500 has joined it at the all-time high party. If you sense something missing from this picture, you’re not wrong…I’m concerned that the Nasdaq hasn’t notched highs this month. Of course, that’s the home of tech in the market, and tech stocks typically react […]
The Top Stocks To Own As Interest Rates Fall

The Top Stocks To Own As Interest Rates Fall

Image Source: Unsplash The Federal Reserve will almost certainly lower interest rates tomorrow – even though I argued vehemently against it last week. (Like my children, the Fed will probably ignore my sage advice.)So, if we do enter a rate-cutting environment, what stocks are likely to do well?Here are the top three sectors I expect to […]
Stocks And Precious Metals Charts – Pretty Much Unchanged

Stocks And Precious Metals Charts – Pretty Much Unchanged

Stocks rallied early off the Retail Sales Numbers this morning being bullish this morning.But alas, they were not, despite what the spokesmodels said.And so stocks gave up their gains and finished pretty much unchanged.All eyes are on the FOMC tomorrow.The Dollar gained back a bit, just shy of the 101 handle.Gold and silver gave back […]
Business Cycle Indicators For August – NBER BCDC And Others

Business Cycle Indicators For August – NBER BCDC And Others

With the industrial production release today (+0.8% vs. +0.2% m/m consensus), we have the following picture of key series followed by the NBER’s BCDC:Figure 1: Nonfarm Payroll (NFP) employment from CES (bold dark blue), Bloomberg consensus of 9/6 for NFP (blue +), implied NFP from preliminary benchmark (blue), civilian employment (orange), industrial production (red), personal income […]