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Semiconductor Slump: A Day Of Losses For AMD, NVDA, And SMCI

Semiconductor Slump: A Day Of Losses For AMD, NVDA, And SMCI

Image Source: Pexels  On Tuesday, the semiconductor sector experienced a significant downturn, with three major players—Advanced Micro Devices (Nasdaq: AMD), Nvidia Corporation (Nasdaq: NVDA), and Super Micro Computer, Inc. (Nasdaq: SMCI)—feeling the impact. While AMD and Nvidia saw substantial losses, SMCI experienced the most dramatic drop in stock price.  SMCI Experienced the Biggest DropShares of Advanced Micro Devices […]
Sensex Today Tanks 735 Points; IT & FMCG Stocks Drag

Sensex Today Tanks 735 Points; IT & FMCG Stocks Drag

After opening on a negative note, Indian share markets continued the downtrend as the session progressed and ended the day weak.Following weak global Asian stock markets after a trend reversal by the Central Bank of Japan, the Indian stock market witnessed sharp selling pressure during Tuesday deals.At the closing bell, the BSE Sensex stood lower by 735 points (down […]
Housing Construction Rebounds In February, As Permits And Starts Are Stable And Rebounding

Housing Construction Rebounds In February, As Permits And Starts Are Stable And Rebounding

Yesterday I wrote of how Fed rate hikes had not translated into a decline in the amount of housing under construction, and without that I did not see how a recession could occur. And in reaction to January’s housing construction report I concluded, “To signify a likely recession, units under construction would have to decline […]
USD/CAD Rallies Above 1.3600 On Surprisingly Soft Canadian Inflation, Fed Policy Eyed

USD/CAD Rallies Above 1.3600 On Surprisingly Soft Canadian Inflation, Fed Policy Eyed

 Photo by Michelle Spollen on Unsplash   USD/CAD jumps above 1.3600 as Canadian consumer inflation surprisingly eases in February. BoC’s preferred inflation measure decelerated to 2.1% from 2.4% in January on a year-on-year basis. The market sentiment remains downbeat amid uncertainty ahead of Fed policy. The USD/CAD pair soars above the round-level resistance of 1.3600 in the early […]
Copper Market Commentary – Tuesday, March 19

Copper Market Commentary – Tuesday, March 19

Image Source: Pixabay  Copper ReversingCopper prices have come under heavy selling pressure today with the metal extending the correction lower away from the 4.1585 level. On the back of the more than 13% rally we’ve seen off the YTD lows, copper futures have stalled for now into the resistance level. The move has been attributed […]
Gold Analysis: Uptrend Despite Strong USD

Gold Analysis: Uptrend Despite Strong USD

At the start of trading, gold futures posted modest gains as investors braced for several key global central bank meetings this week. After reaching a record high, the gold price failed to maintain its momentum, with traders anticipating what the US Federal Reserve might do about monetary policy. According to gold trading platforms, the gold price […]
The Fed’s Bank Bailout Program Is Closed; Now What?

The Fed’s Bank Bailout Program Is Closed; Now What?

Image Source: Pixabay  The Federal Reserve’s bank bailout program shut down on March 11.So, what next?The Fed created the Bank Term Funding Program (BTFP) after the collapse of Silicon Valley Bank and Signature Bank last March. The program was set up so banks could easily access cash “to help assure banks have the ability to meet […]
Wait, Did Europe Really Outperform The U.S. Over The Last Three Years?

Wait, Did Europe Really Outperform The U.S. Over The Last Three Years?

U.S. equities don’t have a monopoly on acronyms. Before there was the Magnificent 7, it was the FAANGS. Europe has been consistently ignored by U.S. investors over the lack of its own basket of tech-enabled, high-growth stocks.PexelsGoldman Sachs recently highlighted a basket of 11 European companies it calls “internationally exposed quality growth compounders” with surprisingly similar returns […]
Tail Risks Rising

Tail Risks Rising

S&P 500 refused to keep the advance of course, and then the BoJ tiny hike – will it though be able to save stock market bulls when MSTR wildly swings to $1,500 and Bitcoin is now only $62,500? These metrics of risk-taking as much as poor sectoral breadth (XLE is your refuge on the long […]
The Bank Of Japan Is Finally Out Of Negative Rate Territory

The Bank Of Japan Is Finally Out Of Negative Rate Territory

Image source: Pixabay  The Dow Jones Index (US30) was up 0.20% at Monday’s stock market close. The S&P 500 Index (US500) added 0.63%. The Nasdaq Technology Index (US100) closed positive 0.82%. Tesla (TSLA) stock price rose more than 6% and led the S&P 500 and Nasdaq 100 stocks higher after the company announced on website X that it would raise the price of all US Model Y […]