Category Archive: Finance, No picture
Here’s What The Euro’s Collapse Means For You
Image Source: Unsplash While Bitcoin dominates today’s headlines, seasoned investors know the financial markets extend far beyond cryptocurrencies.Don’t misunderstand – I remain bullish on crypto and have been for months. However, focusing solely on crypto means missing other significant market opportunities unfolding right now.The foreign exchange market dwarfs all others in trading volume, and a major development […]
AI Unicorns: VAST Data Puts Unstructured Data In A Database
Photo Credit: Emily from Pixabay According to a recent report, the AI data management market, which includes companies that provide the ability to store, process, and access data, is expected to grow at 23% CAGR to reach $70.2 billion by 2028. New York-based VAST Data is a strong player in the industry. VAST Data’s Offerings VAST Data was founded […]
Trump’s Proposed Tariffs Are A Tax On Consumers, Primarily The Poor
The Institute on Taxes and Economic Policy discusses The Impact of Trump’s Proposed Tariffs While Mr. Trump mentioned different specific figures at different times, our analysis examined his proposal for a new 60 percent tariff on goods imported from China and a 20 percent tariff on goods imported from other countries. If his proposal were in […]
S&P 500 Earnings Dashboard 24Q3 – Friday, Nov. 22
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions 24Q3 Y/Y earnings are expected to be 8.9%. Excluding the energy sector, the Y/Y earnings estimate is 11.7%. Of the 475 companies in the S&P 500 that have reported earnings to date for 24Q3, 76.4% reported above analyst expectations. This compares to a long-term average of 66.9%. The 24Q3 Y/Y blended revenue growth estimate is 5.3%. If the energy sector is […]
Boeing Lands $2.38B USAF Deal For 15 Aircraft, Stock Gains
Image courtesy of pexels.com Boeing (NYSE: BA) has been awarded a substantial $2.38 billion contract by the U.S. Air Force to construct 15 additional KC-46A Pegasus tankers, marking a significant milestone in the aerospace giant’s defense portfolio.This contract increases the total number of KC-46A tankers on order worldwide to 168, reflecting Boeing’s role as a pivotal player in […]
Softs Report – Friday, Nov. 22
COTTON General Comments: Cotton was higher yesterday and the trends are now mixed in this market. Support came from a very strong weekly export sales report as some buyers look to cover positions before the tariffs that President Trump is expected to impose. China has big problems with its domestic economy with consumer buying interest […]
FTSE Bid On Downbeat Data As Traders Bet On BoE Rate Cuts
Image Source: Unsplash The FTSE 100 outperformed other European markets due to renewed expectations of interest rate cuts, despite disappointing economic data. The benchmark index is trading above 8,200, the highest level since late October, with more than 10% of its constituents recording gains of over 3%. Retail sales declined 0.7% in October, a much larger […]
Manufacturing Resurgence
Image Source: Pexels Inventory build is pointing to resurgence of the manufacturing sector.Video Length: 00:13:39More By This Author:Rising Dollar Blows BubblesShiller PE Signals DangerEconomics Not Politics Driving Markets
Dow Eyeing Third Straight Triple-Digit Pop
The Dow Jones Industrial Average (DJI) is poised for its third straight triple-digit pop, last seen up 230 points. The S&P 500 Index (SPX) has swung above breakeven and is now eyeing a perfect week, while the Nasdaq is in the red at last check but has traded on both sides of the aisle already […]
Unlocking ASX Trading Success: Wesfarmers Limited
ASX: WESFARMERS LIMITED – WES Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WESFARMERS LIMITED – WES . We see ASX:WES possibly pushing higher with a ((iii))-navy wave.ASX: WESFARMERS LIMITED – WES 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minute degree, navy)Mode: MotiveStructure: ImpulsePosition: Wave 5-grey […]
