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What’s Behind The Recent Rise In U.S. Treasury Yields?

What’s Behind The Recent Rise In U.S. Treasury Yields?

Image Source: Unsplash On the latest edition of Market Week in Review, Director of Investment Strategies, Shailesh Kshatriya, unpacked the potential factors driving the sharp increase in U.S. Treasury yields. He also provided an update on third-quarter earnings season and the Bank of Canada’s (BoC) latest decision on rates. Two potential factors pushing up Treasury yields […]
Durable Goods Orders Plunge 0.8 Percent With Steep Negative Revisions

Durable Goods Orders Plunge 0.8 Percent With Steep Negative Revisions

Data from the Census Department, chart by MishThe Census Department Durable Goods Report for September posted some grim statistics, most of it aircraft related.New Orders New orders for manufactured durable goods in September, down three of the last four months, decreased $2.2 billion or 0.8 percent to $284.8 billion. This followed a 0.8 percent August decrease. Excluding […]
3 Stocks That Offer Long-Term Passive Income Potential In October 2024

3 Stocks That Offer Long-Term Passive Income Potential In October 2024

Image courtesy of 123rf.com From an investing risk perspective, long-term dividend stocks are on the lower end of potential losses. Companies with reliable dividend payouts have equally reliable cash flows, making them stable.Although not as potentially rewarding as high-growth stocks like Innodata (Nasdaq: INOD), dividend stocks also give investors a cushion during market volatility. After all, because of low expectations, established […]
Tesla Trend Break

Tesla Trend Break

Image Source: Unsplash Well, it finally happened. Tesla (TSLA) broke above its long-term resistance line. In addition, I think there are a makings of an inverted H&S pattern here, which is bullish. Since a certain someone in my life has a ton of this stock, I celebrate the news. Here’s the longer-term view. I suspect the […]
MicroStrategy stock reaches 25-year high at $245 ahead of Q3 earnings report

MicroStrategy stock reaches 25-year high at $245 ahead of Q3 earnings report

Key Takeaways MicroStrategy’s stock reached a 25-year high of $245 ahead of its Q3 earnings report. The MSTR/BTC Ratio hits a record high, reflecting strong performance relative to Bitcoin. Share this article MicroStrategy (MSTR) stock surged after the US markets opened Friday, rising from around $235 to $245, its highest level over the past 25 […]
Microsoft Shareholders To Vote On Bitcoin Investment Strategy

Microsoft Shareholders To Vote On Bitcoin Investment Strategy

SEC filing on October 24 revealed that Microsoft (MSFT) shareholders will vote on whether the firm should include Bitcoin in its balance sheet. The annual meeting is scheduled for December 10 at 08:30 a.m. PST.The vote must be received by December 9, a day before the annual meeting.Bitcoin initially reacted positively to the news, trading above $68,000. […]
Why The New IPphone SE Could Disrupt Apple Stock Performance

Why The New IPphone SE Could Disrupt Apple Stock Performance

Image Source: Unsplash Investors should consider taking profit in Apple Inc (Nasdaq: AAPL) as its share price runs the risk of seeing a meaningful decline over the next twelve months, warns Brandon Nispel – a KeyBanc analyst.On Friday, Nispel downgraded the iPhone maker to “underweight” and said its shares could sink to $200 that indicates a […]
Wanna Know Who Will Win The Election?

Wanna Know Who Will Win The Election?

The election is 11 days away and I will likely be commenting on it in each blog until then. As you know, my thesis has always been that elections absolutely do not matter for the markets nor economy until we get to November. All year long, all this posturing and fear mongering has been absurd […]
Back Up The Cyber Truck For This Stock

Back Up The Cyber Truck For This Stock

Image Source: Pexels Tesla (TSLA) captured the stock market’s headlines this week after a solid Q3 earnings report that resulted in its shares surging nearly 22% on Thursday.This move caught many traders off guard, as Tesla had been one of the most-heavily shorted stocks in the market. But as my colleague Corey Rosenbloom and I both […]
Why Has The Inverted Yield Curve Failed? A Fundamentals-Based Explanation

Why Has The Inverted Yield Curve Failed? A Fundamentals-Based Explanation

Prof. Menzie Chinn at Econbrowser, like me, is an Old School blogger, and like me, is focused on forecasting. Yesterday he wrote a piece about supplementing the yield curve with a second condition, the private nonfinancial debt service ratio. Basically, what percent of income is needed to service debt. Doing so retrospectively indicated far less of […]