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Looks Like The Grinch Won

Looks Like The Grinch Won

While there is still one day left in the famed Santa Claus Rally (SCR), the S&P 500 would need to close above 5974. That’s a tall task given that it closed at 5869 last night. Assuming we don’t see a 100 point rally the SCR failure would usher in some bearish studies for Q1. I […]
ISM Manufacturing Contracts 9th Month And The 25th Time In Last 26 Months

ISM Manufacturing Contracts 9th Month And The 25th Time In Last 26 Months

ISM chart and excerpts below by permission from the Institute for Supply Management® ISM® Please consider the December 2024 Manufacturing ISM® Report On Business®  . The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: “U.S. manufacturing activity contracted again in December, but at a […]
Solana meme coin Fartcoin hits new all-time high, market cap tops $1.5B

Solana meme coin Fartcoin hits new all-time high, market cap tops $1.5B

Key Takeaways Fartcoin reached a market cap of $1.5 billion within two months of its launch. The token surged over 600% in the past month and is the fifth-largest meme token on Solana. Share this article Fartcoin, the Solana-based meme coin originated from AI bot Truth Terminal, reached a new record-high on Friday, pushing its […]
End Of The Run For Upside 2025 Grain Prices? The Corn And Ethanol Report

End Of The Run For Upside 2025 Grain Prices? The Corn And Ethanol Report

We kicked off the day with Exports Sales at 7:30 A.M., ISM Manufacturing PMI, ISM Manufacturing Employment, ISM Manufacturing New Orders, and ISM Manufacturing Prices at 9:00 A.M., EIA Natural Gas Storage at 9:30 A.M., Fed Barkin Speech at 10:00 A.M., Baker Hughes Oil & Total Rig Counts at 12:00 P.M., and Total Vehicle Sales.Ag […]
Cerence AI Stock Soars 95%+ Following Nvidia Partnership Announcement

Cerence AI Stock Soars 95%+ Following Nvidia Partnership Announcement

Image courtesy of 123rf.com Cerence AI (Nasdaq: CRNC) has announced a significant expansion of its collaboration with NVIDIA (Nasdaq: NVDA), aiming to revolutionize the automotive industry through enhanced large language models.This partnership is set to improve the performance and cost-effectiveness of Cerence’s CaLLM family by leveraging NVIDIA’s advanced AI Enterprise software platform. The focus is on integrating cutting-edge […]
Wall Street Higher; Still Pacing For Weekly Loss

Wall Street Higher; Still Pacing For Weekly Loss

Wall Street is pacing for its first win in 2025, though all three major benchmarks are lower for the week. The Dow Jones Industrial Average (DJI) sports a triple-digit midday lead to cut short a four-day slump, while the Nasdaq Composite Index (IXIC) and S&P 500 Index (SPX) look to snap a five-day losing streak. Elsewhere, […]
Chevron Corporation (CVX) Dividend Stock Analysis

Chevron Corporation (CVX) Dividend Stock Analysis

Image Source: Pixabay  Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis:Company Description: Chevron Corporation is a global integrated oil company (formerly ChevronTexaco) that has interests in exploration, production, refining and marketing, and petrochemicals.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with […]
Is A Breadth Rotation In Order?

Is A Breadth Rotation In Order?

The percentage of S&P 500 stocks outperforming the index on a rolling 21-day period fell below 15% late last year. That aligns with the record low set last July. Needless to say, the market’s breadth is historically horrendous. Last July, after months of significant outperformance by the mega-cap stocks, the poor market breadth corrected quickly. […]
Vale SA: Is This Deeply Undervalued Stock A Hidden Gem?

Vale SA: Is This Deeply Undervalued Stock A Hidden Gem?

Image Source: Pixabay  As part of our ongoing series here at The Acquirer’s Multiple, each week we focus on one of the stocks from our Stock Screeners, and why it’s possibly a deeply undervalued gem.The Stock this week is:Vale SA (VALE)Vale is a large global miner and the world’s largest producer of iron ore and pellets. In recent […]
Nvidia Skyrockets 171% In 2024: Will The Stock Outshine Again In 2025?

Nvidia Skyrockets 171% In 2024: Will The Stock Outshine Again In 2025?

NVIDIA Corporation (NVDA) has delivered a jaw-dropping 171.2% gain in 2024, cementing its position as a trailblazer in the semiconductor industry. The stock has outperformed the Zacks Semiconductor – General industry and the Technology Select Sector SPDR Fund (XLK) ETF’s gains of 119.1% and 20.8%, respectively. 2024 Price Return Performance Image Source: Zacks Investment ResearchNVIDIA also achieved a major milestone last […]