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Small Cap And Value Stocks Lag In This Year’s Rally

Small Cap And Value Stocks Lag In This Year’s Rally

Shares of small companies and value stocks have had a tough time keeping up with the broad market in recent years, and the headwind for these risk factors is still blowing so far in 2024.By contrast, the momentum factor (MTUM) has surged nearly 17% so far this year, dramatically outperforming its counterparts, based on a […]
Will CPI Data Drive Stocks Higher Again?

Will CPI Data Drive Stocks Higher Again?

Stocks prices appear to be stuck following their Friday’s reversal. Is this still a topping pattern?Stock prices were little-changed on Monday, with the S&P 500 index dropping by 0.11% vs. its Friday’s daily close. The market went sideways following its Friday’s intraday reversal from a new record high of 5,189.26. Yesterday, it went briefly below […]
Kohl’s Q4 EPS Of $1.67 Surpasses Expectations, Demonstrating Strong Cost Management

Kohl’s Q4 EPS Of $1.67 Surpasses Expectations, Demonstrating Strong Cost Management

Image Source: Unsplash  In the final quarter of fiscal year 2023, Kohl’s Corporation (NYSE: KSS) experienced a notable shift in its financial landscape. The quarter witnessed a slight decline in net sales by 1.1%, settling at $5.7 billion, and a more pronounced decrease in comparable sales by 4.3%.Despite these challenges, the company posted a diluted earnings per share […]
Asian Stock: Fortune Electric

Asian Stock: Fortune Electric

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Fortune Electric Company LimitedBloomberg ticker: 1519 TTMarket cap: US$3,138mBackground: Fortune Electric Company Limited is a Taiwanese fully integrated manufacturer of power equipment, including power and distribution transformers and switchgear. The products are used in electric power distribution […]
US CPI Inflation Report Draws Economists’ Attention

US CPI Inflation Report Draws Economists’ Attention

The US CPI inflation report will be the focus of attention for investors and traders as it is expected to provide some clarity on how consumer prices fluctuated in February. Some economists suggest that the Federal Reserve could cut interest rates during summer, but Fed’s policymakers have stressed that CPI data, as well as other […]
February CPI – Market Sell Off Or Buy The Dip?

February CPI – Market Sell Off Or Buy The Dip?

Image source: Pixabay  This morning gives us the latest inflation update (more below) and, as we have been discussing, it will provide another data point for market soothsayers to help predict the timing of the Fed’s next easing cycle. For the Fed, it will be one of the last pieces of data collected before they begin […]
Oil Price In The Green Ahead Of OPEC Report Release 
                    
 
 

Oil Price In The Green Ahead Of OPEC Report Release    

Oil prices are trading in the green for a second consecutive day on Tuesday, with WTI Crude snapping above $78.PexelsOil traders are staying put in their bullish calls placed last week, very much noticeable in the options market. With the monthly OPEC Report due to be released this Tuesday, more upside could be on the […]
Bank Term Funding Program Shut Down, What Happens Next

Bank Term Funding Program Shut Down, What Happens Next

Image Source: Pixabay  Today is the last day for new loans from the Fed’s BTFP, and there is still $165 billion being borrowed from it. In fact, that balance increased just last week. What are the implications of the shutdown? We keep coming back to the same factor which was all over last March. And with […]
GBP/USD Price Corrects Gains After Mixed US NFP Data

GBP/USD Price Corrects Gains After Mixed US NFP Data

The GBP/USD price turned to the downside after reaching a high of 1.2893 on Friday. The pair is trading at 1.2820 at the time of writing. The pair is correcting gains after a massive bull run.Fundamentally, the US reported mixed data in the last trading session. The NFP came in at 275K in February, versus […]
SP 500 Forecast: Buyers Are Still Found For Every Dip 
                    
 

SP 500 Forecast: Buyers Are Still Found For Every Dip  

Pexels  The S&P 500 gave back a little bit on Monday morning, but it still finds buyers below to show strength and turn things around. Never forget that six or seven stocks are driving this market in the end. This is a dangerous precedent but may be more common now because of the passive investing […]