Category Archive: Finance
Sensex Today Rallies 741 Points; Nifty Above 23,500
After opening the day higher, Indian benchmark indices gained as the session progressed and ended the day higher.Benchmark equity indices continued their northward march for the fourth consecutive session to settle with gains, as Finance Minister Nirmala Sitharaman presented the Economic Survey 2024-25 in Parliament today.Further, The Indian stock markets will remain open for trading […]
US Inflation Cools Amid Tariff Uncertainty
Inflation remains on track for 2% for now with the PCE deflator and employment cost index offering further signs of encouragement. However, President Trump’s tariff threats hang heavily on the outlook and means the Fed will remain in a wait-and-see mode.Today’s US data suggests that inflation remains on the path towards 2%, but with huge […]
Will Shiba Inu Rise In February? A Look At Shiba Inu’s Past Performance
Historical data shows Shiba Inu (SHIB) has never recorded losses in February.While past trends aren’t an assurance due to the crypto market’s wild fluctuations, SHIB’s consistent patterns have grabbed the crypto community’s attention. Shiba Inu’s Feb performanceCryptorank’s stats show the dog-themed token has gained 21.1% on average in February, with 20.3% median returns.The figures highlight Shiba […]
Inflation Remains Stubbornly High, But Incomes & Spending Data Stay Solid
Personal Consumption Expenditures minus food and energy (Core PCE) increased 0.2% in December, and 2.8% over the last 12 months. The Fed’s preferred indicator on inflation has now remained stubbornly in the 2.7% – 2.8% range for the last 7 months. Well above the Fed’s 2% target. Headline PCE increased 0.3% in December and 2.6% over the […]
Personal Income And Spending For December: More “Steady As She Goes” But With Late Cycle Characteristics
The December personal income and spending report showed that for the huge consumption sector of the economy, “steady as she goes” continued, as both nominal and real personal income and spending rose again in December. But as I emphasized one month ago, there are many signs of a late cycle configuration.Specifically, nominally personal income rose […]
After The Fed What Next For The SPX?
The CME Fed Watch Tool was accurate once again this week. The Fed maintained rates, and the markets remained relatively subdued even during the Powell press conference. This is evident in the 9-Day Vix chart, which only reached a high of 18.57, unlike Monday’s spike, which was triggered by the sharp pullback in the tech […]
Global Markets On Edge As Trump’s Tariff Deadline Nears
Image Source: Pexels As the February 1, 2025 deadline approaches, President Donald Trump’s proposed tariffs have created uncertainty across global markets. The administration plans to impose a 25% tariff on imports from Canada and Mexico, aiming to curb illegal immigration and fentanyl trafficking. Additionally, a 10% tariff on Chinese imports is under review, citing concerns over […]
Gold – US Dollar Attempting 14-Year Breakout
Looking at the price of Gold in US Dollars is critical to understanding its trend for US investors.Today we look at a “monthly” chart of the Gold to US Dollar ratio to highlight why Gold may be breaking out.If the Gold/Dollar ratio can hold above 14-year resistance at (1) and continue its rally off support, it will […]
Bear Of The Day: Heineken
There have been some mega trends in the market that have been sort of interrupted here recently. Some stocks in downtrends have bounced mightily along with the broad market. Some of these stocks deserve the bounce while others may be experiencing some dead cat action. One way to sort out the good from the bad […]
Chevron Q4 Earnings Lag Estimates
Image Source: Unsplash Chevron (CVX – Free Report) came out with quarterly earnings of $2.06 per share, missing the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $3.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.94%. A quarter ago, it was expected […]
