Archives by Month:

Archives by Year:

US Home Prices Remain Near Record Highs… As Mortgage Rates Re-Surge

US Home Prices Remain Near Record Highs… As Mortgage Rates Re-Surge

With mortgage rates re-accelerating, the housing market faces another (worsening) affordability crisis – all since The Fed cut rates – and just to add some more pain to that, S&P CoreLogic’s Case Shiller data for August (released today) shows home prices in the top 20 cities in America rising 0.35% MoM (hotter than the 0.20% […]
Sensex Today Ends 364 Points Higher; Nifty Above 24,450

Sensex Today Ends 364 Points Higher; Nifty Above 24,450

After opening the day lower, Indian benchmark indices turned positive as the session progressed and ended the day on a positive note.Benchmark equity indices, BSE Sensex and NSE Nifty 50, pared the early losses, to extend gains for the second consecutive session, settling in positive territory on Tuesday.At the closing bell, the BSE Sensex stood higher by […]
Indian Silver Demand Drives Record Prices

Indian Silver Demand Drives Record Prices

Image Source: Pixabay  Indian silver demand has spiked, driving the price to record levels in rupee terms.There is a perception that silver has lagged gold despite a price increase of around 35 percent on the year in dollar terms. The fact that silver remains well below its record high, even as gold has set multiple records in recent months, drives […]
GBP/USD Analysis: Selling Pressure Likely To Continue

GBP/USD Analysis: Selling Pressure Likely To Continue

The GBP/USD exchange rate is likely to remain under pressure in the coming days, with any bouts of strength likely to be short-lived. As we previously expected for GBP/USD, the downside was favoured as the exchange rate was capped by the 9-day moving average. Fast forward to this week and the same holds true: the […]
MetaMask’s parent company Consensys lays off 20% of its workforce amid SEC legal battles

MetaMask’s parent company Consensys lays off 20% of its workforce amid SEC legal battles

Key Takeaways Consensys has reduced its workforce by 20% due to economic and regulatory pressures. CEO Joe Lubin criticizes the SEC for its handling of crypto regulations. Share this article Consensys, the company behind the popular crypto wallet MetaMask, is laying off over160 employees, representing a 20% reduction in staff, Fortune reported Tuesday.The decision comes […]
DoorDash Set To Report Q3 Earnings: What’s In Store For The Stock?

DoorDash Set To Report Q3 Earnings: What’s In Store For The Stock?

Photo by Galen Crout on Unsplash   DoorDash (DASH – Free Report) is set to release its third-quarter 2024 results on Oct. 30.For the third quarter, the Zacks Consensus Estimate for earnings is pegged at 21 cents per share, increased by a penny in the past 30 days. DASH reported a loss of 19 cents per share in the year-ago quarter.The Zacks Consensus Estimate […]
Risks Are Skewing One Way

Risks Are Skewing One Way

Again I didn‘t trust S&P 500 buyers, and delivered to clients almost 10 ES short points in our channel. Sure we have data releases this week, but I‘d look at earnings and market reaction to them, there is quite some daily bullish positioning going on e.g. in AMD.The mixed signs I discussed in the weekend premium analysis, […]
$50 Silver Here We Come, And That’s The First Stop

$50 Silver Here We Come, And That’s The First Stop

It’s a very good time to take an updated look at silver because we have just seen a post-breakout reaction back to a favorable “buy spot” both for it and for related investments, such as silver stocks, following its breakout over a week ago from a consolidation pattern after a 4-month period of correction from […]
Pfizer Inc.’s Strong Q3 Performance: Beats Expectations With $1.06 EPS

Pfizer Inc.’s Strong Q3 Performance: Beats Expectations With $1.06 EPS

Image Source: Unsplash  Pfizer Inc. (NYSE: PFE) has reported a robust financial performance for the third quarter of 2024, showcasing significant growth across its product portfolio. The pharmaceutical giant’s revenues soared to $17.7 billion, marking a 32% operational growth compared to the same period last year. This impressive increase was primarily fueled by the strong demand for […]
Ethereum Bullish Signal: Whales Withdraw $750 Million In ETH From Exchanges

Ethereum Bullish Signal: Whales Withdraw $750 Million In ETH From Exchanges

On-chain data shows exchanges have recently observed a large amount of Ethereum exit their wallets, a sign that could be bullish for ETH’s value. Ethereum Exchange Reserve Has Seen A Plunge RecentlyAs explained by analyst Ali Martinez in a new post on X, the ETH investors have made net outflows from exchanges recently. The on-chain indicator of relevance […]