Archives by Month:

Archives by Year:

SMCI’s Market Cap Drops Nearly $10 Billion Following EY’s Departure As Auditor

SMCI’s Market Cap Drops Nearly $10 Billion Following EY’s Departure As Auditor

Image courtesy of 123rf.com In a significant corporate shake-up, Ernst & Young has resigned as the accounting firm for Super Micro Computer, Inc. (Nasdaq: SMCI), citing concerns about the representations made by the company’s management and Audit Committee. The resignation came as EY was in the process of auditing SMCI’s financial statements for the fiscal year ending June […]
Real GDP Increased 2.8 Percent In The Advance 2024 Q3 Estimate

Real GDP Increased 2.8 Percent In The Advance 2024 Q3 Estimate

Data from BEA, chart by MishGDI is not available in the initial (advance) GDP estimate for each quarter.Today the Advance Estimate of GDP from the BEA is an increase of 2.8 percent at an annualized quarterly rate.Key Contributions to GDP PCE Goods: +1.25 PCE Services: +1.21 Nonresidential Fixed Investment: +0.46 Residential Fixed Investment: -0.21 Change in Private […]
Gold Quest – Manic Metals Report

Gold Quest – Manic Metals Report

Gold continues its quest to try to reach our 9 (and many others) target at near $3000 an ounce. Another upside breakout surge along with bitcoin in part is being driven by increasing odds that Donald J Trump might be returning to the White House. Trumps realization that Crypto as well as artificial intelligence and data […]
CAD/JPY Is Finishing A Corrective Rally

CAD/JPY Is Finishing A Corrective Rally

Image Source: Unsplash CADJPY has been in strong rise this year, but we see five waves up from 2023 swing lows, that are now completed because of a strong drop through the trendline support. We see an impulse down for wave (A)/(1) that is completed, so more weakness can show up for wave (C) or (3) […]
Still Hawking South American Weather. The Corn & Ethanol Report

Still Hawking South American Weather. The Corn & Ethanol Report

We kicked off the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., ADP Employment at 7:15 A.M., GDP Growth Rate QoQ Adv, GDP Price Index QoQ Adv, Core PCE Prices QoQ Adv, GDP Sales QoQ […]
DT Midstream – Natural Gas Distribution

DT Midstream – Natural Gas Distribution

Summary DT Midstream (DTS) has shown a 20.35% gain since the Trend Seeker buy signal on 8/8, with strong technical indicators and consistent price appreciation. The company operates in two segments: Pipeline and Gathering, providing integrated natural gas services, and has a market cap of $8.49 billion. Fundamental factors include a P/E of 21.06, a […]
FTSE Under Pressure As UK Budget Deals A Blow To Investor Sentiment

FTSE Under Pressure As UK Budget Deals A Blow To Investor Sentiment

Image Source: Pixabay The UK’s benchmark FTSE 100 index declined on Wednesday, weighed down by healthcare stocks after GSK forecast lower annual vaccine sales, while investors digested the current government’s first budget, which delivered the largest tax increases in 30 years. The blue-chip FTSE 100 fell 0.5%. British finance minister Rachel Reeves announced large tax increases […]
AgMaster Report – Wednesday, Oct. 30

AgMaster Report – Wednesday, Oct. 30

DEC CORN An “export rally” from mid-October of 25 cents (400-425) was corrected this week as harvest pressure from a record US crop, an expected record S/A crop & a sharply lower crude oil mkt all combined to force a set-back! However, exports this past 10 days have been spectacular – with 16 flash sales […]
Tech Stocks Propped Up By Alphabet Earnings

Tech Stocks Propped Up By Alphabet Earnings

After a sluggish open, stocks are pushing higher midday. The Dow Jones Industrial Average (DJIA) is up 188 points at last check, poised for its sixth-straight triple digit move in either direction. The Nasdaq Composite (IXIC) notched another record high and is heading for a fifth-straight win, with outstanding earnings from Alphabet (GOOGL) powering tech. On the […]
3 Small-Cap Dividend Stocks With Yields Above 3%

3 Small-Cap Dividend Stocks With Yields Above 3%

Image Source: Pixabay Income investors often focus on the largest companies, as those with lengthy track records of dividend growth are usually the leaders within their industry.Still, investors could consider expanding their search beyond the large cap names and focus on the smaller caps, which have the potential for outsized returns.These 3 small-cap stocks are high-quality dividend […]