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Archives by Year:
Upswing On Small Business’s Optimism & WASDE Update. The Corn & Ethanol Report
We kicked off the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications. MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., Core Inflation Rate MoM & YoY, Inflation Rate MoM & YoY, CPI and CPI s.a. at 7:30 A.M., EIA Energy Stocks at 9:30 A.M., 17-Week Bill Auction […]
Inflation Remains A Problem
The consumer price index (CPI) increased +0.3% in November, the highest monthly increase in the last 6 months. Although it was right in line with what the street was already expecting. Prices are up +2.7% over the last 12 months, up from the +2.6% pace of price increases for the 12 months ending in October. […]
Nasdaq Jumps 300 Points To Record Highs
Stocks are higher this afternoon, after this morning’s highly-anticipated CPI report met expectations. The Nasdaq Composite (IXIC) is up 300 points with help from a few heavy-hitting tech stocks, hitting record highs as it heads for its largest single-day percentage gain since early November. The S&P 500 Index (SPX) and Dow Jones Industrial Average (DJI) are modestly […]
RIOT May Resume Its Rally Soon
Image Source: Unsplash One of the reasons why Crypto market is bullish is also Crypto and mining-related company like RIOT. Riot Platforms owns and operates North America’s largest Bitcoin mining facility as measured by developed capacity. RIOT is actually still bullish with room for much more gains after recent A-B-C corrective setback that can be supportive […]
Netflix Stock Hits Record High As JPMorgan Raises Price Target To $1,010
Image courtesy of 123rf.com Netflix (Nasdaq: NFLX) has recently captured the attention of investors and analysts alike, as its stock achieved a new peak this week. JPMorgan has responded to this upward trend by raising its price target for the streaming giant, signaling strong confidence in Netflix’s future performance.The bank maintained its “overweight” rating, reflecting optimism […]
Unlocking ASX Trading Success: Computershare Limited
ASX: COMPUTERSHARE LIMITED. – CPU Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COMPUTERSHARE LIMITED. – CPU. We see ASX:CPU nearing the completion of wave ((i))-navy and a pullback to wave ((ii))-navy is expected in the near term.ASX: COMPUTERSHARE LIMITED. – CPU 1D Chart (Semilog Scale) […]
Apple partners with Broadcom to develop “Baltra,” its first in-house AI server chip
Key Takeaways Apple is collaborating with Broadcom to develop its first in-house AI chip, expected to enter mass production by 2026. The chip, named Baltra, will focus on processing new data and transferring it to large language models. Share this article Apple is collaborating with Broadcom to develop its first in-house AI server chip, internally […]
Asian Stock: Sino-American Silicon Products
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Sino-American Silicon Products IncorporatedBloomberg ticker: 5483 TTMarket cap: US$3,396mBackground: Sino-American Silicon Products Incorporated is a Taiwanese supplier of medium- and small-diameter silicon wafers that are used in the semiconductor and solar power industries worldwide. World Class Benchmarking […]
Communications Services Leads US Equity Sectors In 2024
The neck-and-neck horse race for first place among equity sectors has recently given way to a decisive lead for communications services stocks year to date, based on a set of ETFs through Tuesday’s close (Dec. 10).As previously reported, communications (XLC) and financial (XLF) had been essentially tied for first place this year. But the competition turned into […]
Sensex Today Ends Flat; PNC Infratech Rallies 12%
After opening the day flat, the Indian benchmark remained range bound as the session progressed and ended the day flat.Benchmark equity indices BSE Sensex and Nifty 50 were trading on a flat note on Wednesday.At the closing bell, the BSE Sensex closed higher by 16 points.Meanwhile, the NSE Nifty closed higher by 31 points (up 0.1%).Trent, Britannia, and […]
