Category Archive: Finance, No picture
Stocks Bounce As Bond Yields Retreat On Powell Comments
The market opened under some trepidation this morning. It felt like we were going to kind of even sell off not a big sell off which would have been natural after this monster November move.Video Length: 00:04:44 More By This Author:The Fed is in “Restrictive Mode” Investors Eye Fed Balance Sheet For Guidance Powell Warns Fight […]
BTCUSD Crypto Weekly Technical Analysis – Saturday, December 2
Photo by André François McKenzie on UnsplashIn today’s video, we’ll be checking the price for BTC/USD, its movement and behavior throughout the past week, and how it might affect its future price.Video Length: 00:08:04Bitcoin is making a breakout to the upside with yesterday, Friday, candle and we have two more days until this week ends.As it looks the […]
What Is The Early Holiday Sales Data Telling Us? Plus: Watch Gold
Image Source: UnsplashJust a few things that I saw so far with holiday retail sales. Mastercard SpendingPulse said Black Friday was up 2.5% YOY in nominal terms, and that covers both store and online. It was mostly driven by jewelry, apparel, sporting events, and restaurants (likely including gift cards). Meanwhile, gold continues to trade very well in […]
Axios Editor Shares View On Disney Reinstating Dividend After Three Years
Image source: Unsplash Walt Disney Co. says it will pay 30 cents a share in dividend. Axios editor discussed the news on CNBC’s “Squawk Box”. Nelson Peltz is pushing for two board seats at Disney. Shares of the Walt Disney Co (DIS) are slightly in the red on Friday even though the mass media giant reinstated […]
ETHUSD Crypto Weekly Technical Analysis – Saturday, December 2
Photo by Kanchanara on UnsplashVideo Length: 00:05:48Ethereum is currently on the breaking point to the upside where the price needs to break above 2127.00 in order to continue to move to the next resistance level which is 2400.00.The price needs to make a breakout on the daily time frame and for now, there are potential signals that are […]
Macro: ISM Mfg PMI
Image Source: UnsplashThe ISM PMI came in unchanged in November at 46.7, the 13th consecutive month this series has indicated a contraction in manufacturing.On a positive note, though current production dropped, new orders rose.Other data points of note: Export orders dropped (6 of 18 industries reporting growth) Backlogs dropped (no industry-reported growth in backlogs) Prices are […]
Metals Report For Friday, December 1
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:32More By This Author:SPDR ETF Report For Thursday, November 30Financial Markets Report For Thursday, November 30Metals Report For Thursday, November 30
Chrysler Building’s EU Co-Owner Goes Bankrupt
Image Source: UnsplashEurope may be experiencing its most significant real estate meltdown since the global financial crisis. The abrupt ending of easy monetary policies and soaring interest rates have led the property and retail conglomerate Signa Holding GmbH to declare bankruptcy following its inability to secure funding. Bloomberg reports that Signa, also the co-owner of New York’s Chrysler […]
Triumph Of ETFs Over Mutual Funds
Image Source: UnsplashAnyone here remember Peter Lynch? He was probably the most famous investor in the world back in the 1980s. He ran the Fidelity Magellan Fund, which was lauded as a superstar of investment prowess. I was curious how the fund (whose symbol, FMAGX, I memorized decades ago) stacked up the boring old basic SPY. Here’s what SlopeCharts yielded […]
Stocks And Precious Metals Charts – The Idylls Of Mammon
Image Source: UnsplashStocks managed to put together another rally, with even the tech sector along for the ride.The VIX fell.The Dollar declined.Gold and silver held a good push into their breakouts and put a spike near the highs at the close.Wow.There will be a non-farm payrolls report next week.The problem with powerful organizations and people is […]
