Archives by Month:

Archives by Year:

US Stocks Edge Higher As Traders Eye Inflation Data And Earnings Season Kickoff

US Stocks Edge Higher As Traders Eye Inflation Data And Earnings Season Kickoff

Image Source: Unsplash Investors are also bracing for the fourth-quarter earnings season, which begins with major banks this week. Utilities led the market gains on Tuesday, with the sector advancing 1.4%. Nike shares slid 1.7% on Tuesday, marking their lowest level since March 2020. Wall Street saw a modest uptick on Tuesday as investors turned their […]
Australian Dollar Extends Gains, Upside Limited

Australian Dollar Extends Gains, Upside Limited

Image Source: Unsplash AUD edges up to 0.6180 on Tuesday, off multi-year lows. Fed rate-hold expectations in January underpin the US Dollar. Soft Australian fundamentals, China slowdown cap Aussie recovery. The Australian Dollar (AUD) rebounded from 0.6130, its lowest level since April 2020, to reach 0.6180 on Tuesday, buoyed by firm commodity prices and a slight […]
Gold Prices Gain Ground After US PPI Inflation Sparks Fresh Rate Cut Hopes

Gold Prices Gain Ground After US PPI Inflation Sparks Fresh Rate Cut Hopes

Image Source: Pixabay Gold rebounds from weekly low, fueled by hopes for looser Fed policy after weak PPI. Focus on upcoming CPI; cooler report could boost chances for rate cuts. Potential Trump tariffs pose a risk to inflation, impacting Gold and market sentiment. Gold prices edged higher on Tuesday after data from the United States (US) showed that […]
Yield Curve Indicator Still Waiting For A Recession

Yield Curve Indicator Still Waiting For A Recession

The U.S. 2-/10-year slope inverted in mid-2022, and we are still waiting for the recession that was allegedly predicted by the yield curve. At this point, the yield curve maximalists have to be hoping for a recession triggered by a trade war in the coming months. At which point, the maximalists will argue that the […]
SEC files lawsuit against Elon Musk for securities law violation

SEC files lawsuit against Elon Musk for securities law violation

Key Takeaways The SEC sued Elon Musk for failing to disclose his Twitter share purchases before acquiring the platform. Musk’s lawyer claims the SEC’s lawsuit is baseless and suggests no wrongdoing was committed. Share this article The US SEC has initiated a lawsuit against Elon Musk in federal court, alleging he failed to timely disclose […]
Here’s What Wall St. Experts Are Saying About These Banks Ahead Of Earnings

Here’s What Wall St. Experts Are Saying About These Banks Ahead Of Earnings

Image Source: Pexels JPMorgan (JPM), Wells Fargo (WFC), Citi (C) and Goldman Sachs (GS) are scheduled to announce quarterly results on January 15. What to watch for: FAIRLY VALUED: Last week, Truist initiated coverage of Wells Fargo with a Buy rating and $82 price target as part of a broader research note launching coverage of U.S. Large-Cap banks. Big banks are positioned to […]
Consumer Inflation Expectations Jump As Labor Market, Household Finance Sentiment Crumbles

Consumer Inflation Expectations Jump As Labor Market, Household Finance Sentiment Crumbles

Inflation expectations among consumers polled in December by the New York Fed unexpectedly jumped at the 3-Year horizon, rising from 2.6% to 3.0%, the highest since 2023; the increase at the three-year horizon was broad-based across age, education, and income groups. At the same time, median 5-year inflation expectations declined to 2.7% from 2.9%, the lowest since […]
Stocks And Precious Metals Charts – Stocks Finished Mixed

Stocks And Precious Metals Charts – Stocks Finished Mixed

“There are times when wisdom cannot be found in the chambers of parliament or the halls of academia but at the unpretentious setting of the kitchen table.” – E.A. Bucchianeri Just charts tonight.There will be an option expiration on Friday.Have a pleasant evening. More By This Author:Stocks And Precious Metals Charts – The Cycle Of […]
Why BofA Is Very Bullish On These Software Stocks

Why BofA Is Very Bullish On These Software Stocks

Image courtesy of 123rf.com If the new global export restrictions on AI/GPU chips go into full effect, it is more likely that software stocks will gain a greater investor spotlight. After all, software-based companies don’t rely on delicate supply chains that overarching policies may disrupt.However, some software stocks are better suited to receive investor attention, as they, too, […]
SEC delays decision on Bitwise 10 Crypto Index ETF application

SEC delays decision on Bitwise 10 Crypto Index ETF application

Key Takeaways The SEC has extended the decision period for Bitwise’s ETF application to March 3, 2025. The Bitwise 10 Crypto Index Fund includes top crypto assets like Bitcoin, Ethereum, XRP, and Solana. Share this article The Securities and Exchange Commission (SEC) has extended its review period for the Bitwise 10 Crypto Index ETF application, […]