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Russell 2000 Index Best And Worst Performing Stocks Of 2024

Russell 2000 Index Best And Worst Performing Stocks Of 2024

Image Source: Pexels The Russell 2000 index has underperformed the S&P 500 and Nasdaq 100 indices. Biotech companies like Viking Therapeutics and Janux were the best performers. The top laggards in the index were firms like Weight Watchers, iRobot, and Bakkt. The Russell 2000 index continued to underperform the Dow Jones and Nasdaq 100 indices in the first […]
2023Q4 GDP Advances In All 50 States; Real Personal Income Declines In 5

2023Q4 GDP Advances In All 50 States; Real Personal Income Declines In 5

Image source: PixabayFrom BEA:Source: BEA.Nominal personal income rose in all states.Source: BEA.However, what we care about is real personal income. I deflate using (nationwide) Chained CPI inflation (2.71% q/q AR), and calculate Q4 q/q AR growth.Figure 1: Real personal income growth in 2023Q4, annualized. Source: BEA, BLS, and author’s calculations.Seven states exhibit negative growth in real personal income: Iowa, Kansas, Nebraska, North […]
ADUS: A Home Health Care Provider With Solid Growth

ADUS: A Home Health Care Provider With Solid Growth

Image Source: PexelsAddus HomeCare Corp. (ADUS) posted a strong close to fiscal 2023. In Q4, revenues grew 11.9% to $276.4 million, while EPS increased 31.9% to $1.20. Commenting on the results, Dirk Allison, Chairman and CEO, said, “We continued to benefit from robust demand for home-based care, especially for our personal care services, which accounted for 74% […]
Dow Knocking On The Door Of 40,000

Dow Knocking On The Door Of 40,000

Image Source: UnsplashThe stock market rang the doorbell of the New Year with a bang during the 1st quarter. The S&P 500 index built on last year’s +24% gain with another +10% advance during the first three months of the year. And as a result of these increases, the Dow Jones Industrial Average index is knocking […]
The Commodities Feed: Gold Hits Record Highs – Tuesday, April 2

The Commodities Feed: Gold Hits Record Highs – Tuesday, April 2

Image Source: PixabayEnergy – Tensions grow amid tightening oil marketOil prices continued to edge higher yesterday with Brent hitting an intra-day high of almost US$88/bbl – levels last seen back in early November. And this momentum has only continued in early morning trading today. An escalation in tensions in the Middle East would have pushed prices […]
SPDR ETF Report For Monday, April 1

SPDR ETF Report For Monday, April 1

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Monday, April 1.Video Length: 00:20:37More By This Author:Financial Markets Report For Monday, April 1Metals Report For Tuesday, March 26Financial Markets Report For Tuesday, March 26
NZD/USD Struggles Near YTD Low, Not Out Of The Wood Yet Amid Sustained USD Buying

NZD/USD Struggles Near YTD Low, Not Out Of The Wood Yet Amid Sustained USD Buying

Photo by Thomas Coker on Unsplash NZD/USD remains on the defensive near its lowest level since November amid a bullish USD. Reduced bets for a June Fed rate cut and the risk-off mood lifts the USD to a multi-week top. Traders now look to the US macro data and speeches by Fed officials for short-term impetus. The NZD/USD […]
GBPUSD May See Support Soon From Inflection Area

GBPUSD May See Support Soon From Inflection Area

Image Source: UnsplashShort Term Elliott Wave view in GBPUSD suggests that decline from 3.8.2024 high is unfolding as an impulse Elliott Wave structure. Down from 3.8.2024 high, wave (i) ended at 1.2745 and wave (ii) rally ended at 1.2823. Wave (iii) lower ended at 1.273 and wave (iv) ended at 1.2747. Final leg wave (v) ended at 1.2667 […]
Markets Pull Back To Start A Fresh Quarter

Markets Pull Back To Start A Fresh Quarter

Image Source: PexelsMarket indices couldn’t hold onto their gains established in early morning trading to start the new week, after a three-day Easter holiday weekend that maybe gave some market participants time to re-think the broadening out of this rally we’ve seen since late October of last year. Sometimes a pause refreshes, but sometimes a pause […]
Getting Q2 Started

Getting Q2 Started

Image Source: UnsplashWhen I was a kid, April Fools’ Day was kind of fun, but as an adult, seriously, it’s really annoying to read every given news item and wonder if it’s a joke or not. Given the state of the world today, it’s harder than ever to tell.Mercifully, April Fools’ Day is just about over. Let’s look […]