Archives by Month:

Archives by Year:

Don’t Overlook These Top Retail Stocks After Earnings

Don’t Overlook These Top Retail Stocks After Earnings

Image Source: UnsplashThe retail sector looks poised for a continued rebound with Guess (GES – Free Report) and Signet Jewelers (SIG – Free Report) being the most recent retailers to pass their quarterly earnings expectations on Wednesday.Keeping track of the Zacks Retail and Wholesale sector scorecard 64% of these stocks have surpassed their bottom line expectations this earnings season and now appears […]
Financial Markets Report For Thursday, March 21

Financial Markets Report For Thursday, March 21

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, March 21.Video Length: 00:11:26More By This Author:Metals Report For Thursday, March 21Metals Report For Wednesday, March 20Financial Markets Report For Wednesday, March 20
Japanese Yen Languishes Near YTD Low Against USD, Seems Vulnerable To Slide Further

Japanese Yen Languishes Near YTD Low Against USD, Seems Vulnerable To Slide Further

Image Source: Pixabay The Japanese Yen edges higher following the release of Japanese consumer inflation data. The uncertainty over the BoJ’s future policy steps keeps a lid on any further positive move. A modest US Dollar downtick exerts some pressure, though the downside remains limited. The Japanese Yen (JPY) witnessed a dramatic intraday turnaround on Thursday […]
Mixed After-Market Results From Late Earnings: NKE, FDX, LULU

Mixed After-Market Results From Late Earnings: NKE, FDX, LULU

Image Source: PixabayIt was another strong day in the markets today. With one more session to go for the week, we’ve seen all four major indices up nicely, from +1.42% on the Nasdaq (which has been the leading index for the past year) to +3.26% on the Russell 2000, which had been the most downtrodden. Today, […]
Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care

Money Supply Continues To Fall, Economy Worsens – Investors Don’t Care

Image source: PixabayThe money supply continues to fall, but investors don’t seem to care. They are convinced that their success is connected to a potential Fed shift in interest rate policy. Nothing else seems to matter. That is partially attributable to the fact that, as the financial markets continue their upward trajectory, less and less attention is paid […]
ASX 200 Falls To Near 7,750, Despite Higher Wall Street Overnight

ASX 200 Falls To Near 7,750, Despite Higher Wall Street Overnight

Image Source: Pexels ASX 200 Index snaps its winning streak, following losses in energy and consumer stocks. The shutdown of South32’s GEMCO led to Jupiter Mines share rallying almost 20% in the last two sessions. Apple’s stock declined by 4.1% following news of a lawsuit from the US Department of Justice for alleged monopolistic practices. The […]
AXT, Inc. Positioned For Growth From Increase In AI Computing

AXT, Inc. Positioned For Growth From Increase In AI Computing

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Image Source: UnsplashAXT, Inc. (AXTI) reported Q4-2023 back on February 22nd and its stock price rallied 150% on news of its 2024 outlook. The company expects higher revenues for its semiconductor wafers due to increased […]
USD/CAD Trades On A Weaker Note Above The 1.3500 Mark, Eyes On Canadian Retail Sales Data

USD/CAD Trades On A Weaker Note Above The 1.3500 Mark, Eyes On Canadian Retail Sales Data

Photo by Michelle Spollen on Unsplash USD/CAD trades in negative territory around 1.3523 amid the softer USD.  The US S&P Global Manufacturing PMI increased to 52.5 in March vs. 52.2 prior, stronger than expected.  The Bank of Canada expects to begin cutting interest rates this year, although policymakers vary on the precise timing.  The USD/CAD pair trades on a […]
Russell 2000 Looking For Short Term Pullback Soon

Russell 2000 Looking For Short Term Pullback Soon

Image Source: PexelsShort Term Elliott Wave view in Russell 2000 (RTY) suggests that rally to 2146 ended wave 1. Pullback in wave 2 unfolded as a zigzag Elliott Wave structure. Down from wave 1, wave ((a)) ended at 2073.2 and wave ((b)) ended at 2109.30. Down from there, wave (i) ended at 2075.3 and wave (ii) ended […]
Home Depot: Soaring To New Heights

Home Depot: Soaring To New Heights

Image Source: PexelsThe biggest holding of my late father’s portfolio was Home Depot (HD) which matched its lifetime high today. The big box retailer is sporting a P/E of a little more than 25, and it has been one of the most successful stocks in U.S. history, having come public at a split-adjusted price of about […]