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Gold Projected To Hit Higher Highs

Gold Projected To Hit Higher Highs

Image Source: Unsplash Gold closed the week at $2,652 (down $6 since last week) and silver at $32.19 (up $0.57). Investment banks are setting higher targets for gold as monetary warning signs flash faster. OTHER TOPICS DISCUSSED-ADP jobs below 200k for sixth straight month-Unemployment rate drops to 4.1%-Reverse repo cash surges $465b in New York Fed-Goldman […]
XRP Macro Charts Signal Explosive Bullish Move Despite SEC Appeal

XRP Macro Charts Signal Explosive Bullish Move Despite SEC Appeal

Image by WorldSpectrum from Pixabay   In a technical analysis shared with his followers on X, crypto analyst Bobby A (@Bobby_1111888) provides a bullish prediction for XRP despite the US Securities and Exchange Commission’s decision to appeal the ruling in its case against Ripple Labs. Amid the regulatory turmoil, Bobby’s interpretation of the macro charts suggest a bullish outlook for XRP, contradicting […]
OpenAI’s $157 Bln Valuation Requires Hand Waving

OpenAI’s $157 Bln Valuation Requires Hand Waving

Image Source: Unsplash It’s possible OpenAI is worth $157 billion; it just requires a bit of hand waving. Technology giants, venture capital firms, and the usual suspects in the hedge fund and investment world piled into the company started by Sam Altman to give the artificial intelligence company $6.6 billion in new funding. Assuming these investors want […]
AMD Stock Price Could Surge By 33%, But Oct. 29 Will Be Crucial

AMD Stock Price Could Surge By 33%, But Oct. 29 Will Be Crucial

Image Source: Unsplash The AMD (Nasdaq: AMD) stock price has crawled back in the past few weeks, rising from the August low of $121.80 to the current $170. It has jumped by over 208% from its lowest point in 2020.AMD shares have jumped by over 26% this year, underperforming the VanEck Semiconductor ETF (SMH) and the […]
Natural Gas: Close To A Seasonal Ceiling

Natural Gas: Close To A Seasonal Ceiling

Image Source: Unsplash Natural Gas on the Nymex had a volatile week before closing 1.7% lower than the previous one at $2.85. EIA reported on Thursday a build of 55 Bcf in working underground stocks for the week ended September 27. Total inventory is currently at 3,547 bcf, 3.7% higher y/y, 5.7% above the 5-year average. […]
In Real Time, Does A Downturn In Household Survey Employment Better Presage A Recession Than One In The Establishment Survey?

In Real Time, Does A Downturn In Household Survey Employment Better Presage A Recession Than One In The Establishment Survey?

Image Source: PixabayHere’s the current situation:Figure 1: Civilian employment over age 16 (blue, left log scale), nonfarm payroll employment (tan, right log scale), both in 1000’s, seasonally adjusted, both as of 10/4/2024. Source: BLS via FRED. The arrows denote local peaks. Note there are two for the household series; the 2023M11 observation is only 2000 higher than the […]
2 Best Dividend Stocks To Buy Now: CSG Systems International, Canon

2 Best Dividend Stocks To Buy Now: CSG Systems International, Canon

Image Source: PixabayInvestor sentiment has remained high for tech stocks amid the implantation of the Fed’s deflationary cycle. Lower interest rates should favorably impact the operating environment for many companies, especially technology-focused enterprises.That said, the cushion of a dividend may still be reassuring considering the Nasdaq has soared over +60% in the last two years. After […]
Metal Markets Report For Friday, Oct 4

Metal Markets Report For Friday, Oct 4

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:11:22More By This Author:SPDR ETF Report For Friday, Oct 4Financial Markets Report For Friday, Oct 4Metal Markets Report For Thursday, Oct 3
EURUSD Analysis, Price Prediction & Forecast – Saturday, Oct 5

EURUSD Analysis, Price Prediction & Forecast – Saturday, Oct 5

Image Source: PixabayToday you will see EURUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for EURUSD? What to expect where the price will breakout for the EURUSD based on the supply and demand zones.Video Length: 00:03:20More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Should Investors Buy PepsiCo Shares Before Earnings?

Should Investors Buy PepsiCo Shares Before Earnings?

Image Source: PexelsThe Q3 earnings season is just around the corner, with the big banks’ results coming next Friday. But before we get to them, a consumer staples favorite, PepsiCo (PEP – Free Report), is on the reporting docket for next week (Tuesday, October 8th) before the market opens.Let’s take a closer look at expectations for the consumer […]