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These 2 Retail And Wholesale Stocks Could Beat Earnings: Why They Should Be On Your Radar

These 2 Retail And Wholesale Stocks Could Beat Earnings: Why They Should Be On Your Radar

Two factors often determine stock prices in the long run: earnings and interest rates. Investors can’t control the latter, but they can focus on a company’s earnings results every quarter.We know earnings results are vital, but how a company performs compared to bottom line expectations can be even more important when it comes to stock […]
Cloud Stocks: Okta Recovers From Data Breach Issues

Cloud Stocks: Okta Recovers From Data Breach Issues

Image Source: Unsplash  Corporate identity management software company Okta (Nasdaq: OKTA) recently announced its quarterly results that continued to outpace market expectations. The company’s focus on profitability is paying off as it delivered record non-GAAP profitability and cash flow in the quarter.  Okta’s FinancialsRevenues for the fourth quarter grew 19% to $605 million, ahead of the […]
Where I See Pockets Of Green

Where I See Pockets Of Green

Is big tech cooling off?As a group, the “magnificent seven”—Meta, Tesla, Amazon, Nvidia, Apple, Microsoft, and Alphabet—returned 107% in 2023. That is remarkable by any measure.Now investors are growing antsy about a correction, especially in tech. That seems prudent, given the high valuations. Tesla, Amazon, and Nvidia have trailing P/Es of 41X, 62X, and 76X, […]
Three Key Ways Gold Can Enhance Your Investment Portfolio

Three Key Ways Gold Can Enhance Your Investment Portfolio

Image Source: Pixabay  Why should you have gold in your portfolio?The World Gold Council puts it this way in its recent report Gold as a Strategic Asset.  Gold has a key role as a strategic long-term investment and as a mainstay allocation in a well-diversified portfolio. Investors have been able to recognize much of gold’s value […]
Exxon Mobil Is On The Way Higher As Anticipated

Exxon Mobil Is On The Way Higher As Anticipated

We talked about Exxon Mobil (XOM) back in December of 2023 where we mentioned and highlighted strong support within an (A)-(B)-(C) irregular flat correction for wave 4. We also shared an article along with Crude oil, where we warned about a recovery into projected 80-90 zone, maybe even 100 area, as Exxon Mobil has still space […]
SNB Cuts Interest Rates: Forecast For The Swiss Franc

SNB Cuts Interest Rates: Forecast For The Swiss Franc

 Photo by Claudio Schwarz on Unsplash  The Swiss franc is a currency that owes its popularity to its noteworthy stability for many years. Backed by one of the most resilient economies in Europe, perhaps even in the world, the Swiss franc is considered by some as a safe haven in times of economic turmoil.Last week, the Swiss National […]
Bitcoin Hits $72,000: Echoes Of The Past In 2024

Bitcoin Hits $72,000: Echoes Of The Past In 2024

Image Source: DepositPhotosIn the fast-paced world of digital currency, Bitcoin has once again stolen the limelight, showcasing a remarkable 60% increase in its value since the dawn of 2024. This surge has catapulted the price of a single BTC to an unprecedented $72,000, stirring a whirlwind of excitement and speculation across the globe. This year’s […]
Gold Hits Record High; Further Gains Ahead?

Gold Hits Record High; Further Gains Ahead?

XAUUSD has set a new record high (~2235.64) ahead of the US PCE reading slated to be released today at 12:30 PM (UTC). Gold’s further trajectory may be affected by this economic release as it is believed to be the Fed’s preferred way to measure the inflation. According to the market consensus, the MoM and […]
Inflation Set To Remain Persistently High In Europe

Inflation Set To Remain Persistently High In Europe

Image source: Pixabay  A gloomy outlook: inflation is set to remain persistently high in Europe. We’ve been saying this for a long time. A Natixis study supports this view and identifies several factors (which we re-rank in order of importance) driving up prices in the long term: energy transition; high tension in the labor market, particularly in the eurozone, […]
EUR/GBP Price Analysis: Bearish Sentiment Prevails, Daily And Hourly Trends Lean Negative

EUR/GBP Price Analysis: Bearish Sentiment Prevails, Daily And Hourly Trends Lean Negative

The EUR/GBP pair is currently trading at 0.8550, with minor losses on Friday’s session. The sellers are exerting their presence as bullish momentum remains weak and the fact that the cross remains below its main Simple Moving Averages (SMAs) of 20,100 and 200-days contributes to the bearish bias.On the daily chart, the Relative Strength Index (RSI) currently […]