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Korea: Industrial Production Rebounded While Construction And Retail Sales Weakened In February

Korea: Industrial Production Rebounded While Construction And Retail Sales Weakened In February

Image Source: UnsplashAll industry output accelerated its growth on the back of strong chip sector performanceAll industry production rose 1.3% month-on-month sa in February (vs 0.4% in January). Manufacturing and service activity advanced, partially offset by the decline in construction. Together with the latest survey and other hard data, we expect manufacturing to lead the growth, […]
Stocks: Healthy Rotation Or Concerning Distribution?

Stocks: Healthy Rotation Or Concerning Distribution?

Image Source: PixabayAre the markets shifting in a healthy and positive manner or are concerning signs of institutional distribution increasing? Heading into Friday’s PCE report (the Fed’s preferred measure of inflation), do the markets look concerned or confident?In this week’s video, we’ll review the latest charts and data to help us answer the question, stocks are […]
S&P 500 Looking To Complete 5 Waves Impulse

S&P 500 Looking To Complete 5 Waves Impulse

Image Source: UnsplashShort Term Elliott Wave view in S&P 500 (SPX) suggests cycle from 1.6.2024 low is in progress as a 5 waves impulse. Up from 1.6.2024 low, wave ((i)) ended at 4931.09 and pullback in wave ((ii)) ended at 4845.15. Wave ((iii)) higher ended at 5187.78 as the 30 minutes chart below shows and pullback […]
Comparing Gold: Is It Overvalued Against Stocks And Crypto

Comparing Gold: Is It Overvalued Against Stocks And Crypto

Image Source: UnsplashGold has been having a great run, but is it getting too expensive? How about compared to stocks? Let’s look at some ratio charts to hopefully get some insight on that.First is the All World Index divided by gold futures. The topping formation is still forming. If it completes, it certainly implies that stocks are going […]
NZD/USD Remains Under Selling Pressure Below 0.6000, US PCE Data Looms

NZD/USD Remains Under Selling Pressure Below 0.6000, US PCE Data Looms

Photo by Thomas Coker on Unsplash NZD/USD edges lower to 0.5970 amid stronger USD and dovish comments from RBNZ.  The US economy grew faster than expected in the fourth quarter (Q4).  RBNZ’s Orr said the central bank is on course to get inflation back into the target band, rate cuts are getting closer. The US February Core PCE […]
Top Stocks To Buy For A Rebound Among Chinese Equities

Top Stocks To Buy For A Rebound Among Chinese Equities

Image Source: UnsplashWhile the iShares China Large-Cap ETF (FXI – Free Report)  has fallen -19% over the last year, several Chinese ADRs (American Depository Receipts) look poised for a sharp rebound.To that point, many Chinese stocks are starting to look oversold due to concerns of slower economic growth in China. Still, there are internet-commerce leaders in China that have […]
Top Research Reports For Walmart, Linde & IBM

Top Research Reports For Walmart, Linde & IBM

Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Walmart Inc. (WMT), Linde plc (LIN), and IBM Corp. (IBM). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see […]
Those Who Missed On AI Rally Should Invest In This: Sylvia Jablonski

Those Who Missed On AI Rally Should Invest In This: Sylvia Jablonski

Image Source: Unsplash Jablonski says quantum will be the next buzz word for Wall Street. She’s particularly bullish on IONQ Inc within quantum computing. IONQ close to doubled its revenue versus a year ago in 2023. First it was EV, now it’s AI, and the next buzz word for Wall Street will likely be “Quantum”, says Sylvia […]
What The Baltimore Bridge Disaster Could Mean For The Economy

What The Baltimore Bridge Disaster Could Mean For The Economy

Image Source: UnsplashWhile the total annihilation of the Francis Scott Key Bridge in Baltimore probably isn’t a “Black Swan” big enough to trigger a global collapse, it adds potent fuel to several fires in an already fragile global economy.Broad expectations are for most of the economic fallout to remain local to the surrounding area and Mid-Atlantic […]
Stocks, Gold, & Crypto Soar In Q1 Despite Rout In Rate-Cut Expectations

Stocks, Gold, & Crypto Soar In Q1 Despite Rout In Rate-Cut Expectations

Image Source: UnsplashQ1 macro was characterized by a vast divergence between ‘soft’ surveys crashing as ‘hard’ data drifting higher…Source: BloombergThe strong ‘hard’ data – and sticky inflation – along with endless jawboning, drove rate-hike expectations drastically lower in Q1. 2024 expectations for The Fed crashed from almost seven cuts to less than three…Source: Bloomberg…and stocks did not even […]