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Three Stocks With The Potential For A Short Squeeze In March

Three Stocks With The Potential For A Short Squeeze In March

Image courtesy of 123rf.com There are company fundamentals and market fundamentals. Based on the latter, many traders changed their financial lives during the GameStop (NYSE: GME) and AMC (NYSE: AMC) short squeeze in late January 2021. Despite having weak fundamentals, these stocks rose rapidly in value.As a consequence of betting against short sellers, who had to […]
Stocks Rip Then Dip, Led Lower By Nvidia

Stocks Rip Then Dip, Led Lower By Nvidia

Image Source: Pixabay Stocks fell on March 8 after an initial surge higher. They are in the process of giving back all of the gains from March 7 and following Nvidia’s lead.Video Length: 00:12:14More By This Author:Stocks Rise On March 7, 2024 As The AI Machine Goes Manic Market Craziness – Nothing Makes Sense Powell Puts […]
Monitoring Turkey: Balanced Economy Still Some Way Off

Monitoring Turkey: Balanced Economy Still Some Way Off

Turkey’s fourth-quarter GDP data showed that private spending has accelerated despite an increasingly restrictive policy stance while leading indicators point to a further acceleration in GDP growth in the first quarter of this year. This implies that there is still a long way to go to rebalance the economy.Photo by Omid Armin on Unsplash Turkey at a glance Given […]
Huge Percentage Of Job Gains Are Related To Taking Care Of Immigrants

Huge Percentage Of Job Gains Are Related To Taking Care Of Immigrants

Data from the BLS, chart by Mish.The surge in government jobs and social assistance jobs is soaring to handle the massive influx of immigrants.Health care jobs are rising for the same reason but also because of demographics. Aging boomers need more assistance.Blistering Start to 2024 Government jobs are 20.63 percent of all job growth in […]
Where To Now?

Where To Now?

Coming into today, NVIDIA (NVDA) was up 17% over the last week and more than 40% above its 50-day moving average. After gapping up another 4% this morning, NVDA is finally experiencing gravity with an intraday drop of nearly 10% as of 1 PM ET. As we’ve been mentioning recently, the type of upside moves […]
1970s Are Repeating For Gold, Too, Not Just Silver

1970s Are Repeating For Gold, Too, Not Just Silver

Image Source: Pixabay Last week Rafi Farber detailed how the silver market is playing out the late 1970s almost exactly, and how we are currently situated in 1978. Well, it’s not just silver. With gold at new all-time highs and silver lagging, this was also the exact same situation of that year. History is repeating, and […]
Trulieve Cannabis Q4 Net Loss Increased By 32%

Trulieve Cannabis Q4 Net Loss Increased By 32%

Trulieve logo (PRNewsfoto/Trulieve Cannabis Corp.) Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF), a constituent in the munKNEE American Cannabis MSO Stocks Index, announced its results for the fourth quarter ended December 31, 2023, last week, as follows: Q4 2023 Financial Highlights (The information below compares Q4 2023 with Q3 2023 and all figures are in U.S. dollars.) Revenue: UP […]
Poised For A Post-Jobs Rally ‘Til NVDA Spoiled The Fun

Poised For A Post-Jobs Rally ‘Til NVDA Spoiled The Fun

Image Source: Pixabay This month was a bit odd. The monthly employment report arrived on the second Friday, not the usual first. Regardless of timing, the heavily anticipated report proved to be a bit of a non-event.The Nonfarm Payrolls statistic was a bit misleading. It showed an increase of 275,000 payrolls in February, well above the […]
Market Morsel: Expectations Are Not Predictions

Market Morsel: Expectations Are Not Predictions

Image Source: Unsplash   Longer term, I think there are more significant reasons to expect a weaker dollar, starting with our politicians’ (of both parties) newfound infatuation with industrial policy. Government-directed investment may create activity but long-lasting benefits have, in the past, proved quite elusive. The real problem with our government deficits and debt isn’t the […]
Big U.S. Stocks’ Q4’23 Fundamentals

Big U.S. Stocks’ Q4’23 Fundamentals

  ↵Image Source: Pexels The big US stocks dominating markets and investors’ portfolios are soaring. They recently wrapped up another quarterly earnings season, reporting some spectacular results. Yet these huge market-darling companies are still extremely overvalued, deep into dangerous bubble territory. Their incredible mounting euphoria fueled by some parabolic gains can’t last either. So serious imminent downside […]