Category Archive: Finance
Gold Hits New Record High, Dear Jerome Powell, Is Everything Under Control?
Image from Trading Economics, Annotations by Mish. Gold Hits Record High on Safe-Haven Demand Amid Tariff ThreatsReuters reports Gold hits record high on safe-haven demand amid tariff threats Gold prices rose to hit a lifetime high on Thursday, sparked by safe-haven demand due to U.S. tariff threats, while the focus was also on a crucial inflation […]
Vertex Pharmaceuticals Stock Soars As Non-Opioid Pain Treatment Gets FDA Nod
Image courtesy of 123rf.com Vertex Pharmaceuticals (Nasdaq: VRTX) has achieved a significant milestone with the U.S. Food and Drug Administration’s approval of Journavx (suzetrigine), a pioneering non-opioid analgesic designed for moderate to severe acute pain in adults. This development is hailed as a crucial advancement in public health, providing a much-needed alternative to traditional opioid painkillers. FDA Greenlights […]
Apple Earnings Breakdown
Apple (AAPL) reported Q4 adjusted EPS of $2.40, which came in better than street expectations of $2.36. Apple has beaten earnings expectations for the 8th straight quarter now. It was a smaller than average earnings beat however, only 1.7% above expectations compared to the 8 quarter average of 3.8%. The growth rate at 10%, was […]
Shot Clock Running On Last Minute Delay On Tariffs – The Corn & Ethanol Report
We kicked off the day with Core PCE Price Index MoM, Personal Income MoM, Personal Spending MoM, Employment Costs-Benefits QoQ, Employment Costs-Wages QoQ, Fed Bowman Speech, PCE Price Index MoM & YoY, and Core PCE Price Index YoY at 7:30 A.M., Chicago PMI at 8:45 A.M., Baker Hughes Oil & Total Rig Count at 12:00 […]
FTSE Posts Best Month In Two Years
Image Source: Pexels Britain’s main stock index reached a record high on Friday and was on track to achieve its best monthly performance in over two years, as investors braced for the Bank of England’s upcoming rate decision. The blue-chip FTSE 100 reached an unprecedented level of 8,692.84 and was up 0.4% as of 12:40 GMT, […]
Wall Street Eyes Winning Week After Earnings, Inflation Data
Wall Street is higher this afternoon and headed for its second consecutive winning week, as investors continue unpack this morning’s inflation reading and more major corporate earnings. At last check, the Dow Jones Industrial Average (DJI) was just above breakeven, while the S&P 500 Index (SPX) was deep in the black, and the Nasdaq Composite (IXIC) boasted […]
Explosive Metals – Manic Metals Report
Image Source: Unsplash Explosives moves! Gold record highs and silver to the Bollinger band may cause some profit taking after this incredible bull run. Tarif talk and Central banks loading up is running and making a run on physical supply.Platinum broke out trying to catch up with gold yesterday and still may have some more upside […]
Unlocking ASX Trading Success: James Hardie Industries Plc
Our latest Elliott Wave analysis provides an updated outlook on JAMES HARDIE INDUSTRIES PLC (ASX: JHX), listed on the Australian Stock Exchange (ASX).We observe bullish potential in ASX:JHX, indicating a strong probability of a significant upward move. Today’s detailed analysis will highlight key price levels that confirm the initiation of a bull market trend with Wave Three.James Hardie Industries Plc(JHX) – 1D ChartElliott Wave Technical […]
Lockheed Martin Corp. (LMT) Dividend Stock Analysis
Image Source: Unsplash Linked here is a detailed quantitative analysis of Lockheed Martin Corp. (LMT). Below are some highlights from the above linked analysis:Company Description: Lockheed Martin Corp., the world’s largest military weapons manufacturer, is also a significant supplier to NASA and other non-defense government agencies. LMT receives about 93% of its revenues from global defense sales.Fair Value: In calculating […]
Costco Wholesale Corp (COST) DCF Valuation: Is The Stock Undervalued?
Image Source: Unsplash As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently on our screens, Costco Wholesale Corp (COST). ProfileCostco operates a membership-based, no-frills retail model, predicated on […]
