Category Archive: Finance, No picture
A Divergence In The Magnificent 7 Force?
Image Source: Unsplash – Mag 7 leadership role diminished this week – Financials continue to hold SP500 together – Fed Fund Futures are ludicrous – positioning in a one-sided market (JPM, BA, IBM) – heavy skew, huge volatility contango – markets don’t trust the future?SPX Expected Move – – last week – 46.29 (5-day expected move) – […]
Five Best Performing Stocks Of The Top ETF Of November
Image Source: Unsplash ARK Innovation ETF (ARKK – Free Report), which provides thematic multi-cap exposure to innovation across sectors, has gained 35.2%, becoming the best-performing ETF of November.The technology sector roared back last month and dominated the stock market rally once again. This surge is primarily driven by a decline in yields on optimism that the Fed’s aggressive interest […]
November Recap: 7 Largest American Cannabis MSOs Jumped 40%, On Average
Image Source: Unsplash Below are the performances of the 7 constituents in the munKNEE American Cannabis MSOs Index, in descending order, based on their performances in November, and any recent news about them. American Cannabis MSOs Index Ayr Wellness (AYRWF): UP 78.8% in November Read: AYR Wellness Reports Third Quarter 2023 Results Cresco Labs (CRLBF): UP 45.7% in November […]
Stock Market Outlook: Assessing Asia’s Economic Pulse
Image Source: Unsplash As the global economic landscape continues to evolve, investors are keeping a keen eye on the stock market outlook, gauging the pulse of economies across the globe. In this analysis, we delve into recent developments in Asia-Pacific markets, exploring the unexpected expansion of China’s manufacturing sector and the nuanced shifts in other regional economies. Asia-Pacific […]
Can The Rally In Gold And Silver Continue?
Image Source: Unsplash Both gold and silver have experienced a significant rally in price over the last month. But with gold above $2,000 again, while silver’s over $25, will the rally continue?Obviously no one knows the future (although wouldn’t it be great if we did?), but in today’s show, Dave Kranzler of Investment Research Dynamics looks […]
S&P 500 Earnings Dashboard 23Q3 – Friday, Dec. 1
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions The 23Q3 Y/Y blended earnings growth estimate is 7.1%. If the energy sector is excluded, the growth rate for the index is 12.6%. Of the 490 companies in the S&P 500 that have reported earnings to date for 23Q3, 82.0% reported above analyst expectations. This compares to a long-term average of 66%. The 23Q3 Y/Y blended revenue growth estimate is 1.8%. If the […]
Bull Of The Day: CommVault Systems – Friday, December 1
CommVault Systems (CVLT) is a Zacks Rank #1 (Strong Buy) that has an D for Value and an A for Growth. CommVault Systems is a data management company that provides data protection, universal availability, and a simplified management of data on complex storage networks. The company recently beat the Zacks Consensus Estimate as has posted a […]
Asia Week Ahead: China Trade Figures, The RBI Decision And Regional Inflation
Image Source: Unsplash The coming week features China’s trade report, growth figures from Australia, India’s central bank meeting, and regional inflation readings. China’s trade data to reflect weakness in the economyChina will release its trade numbers as well as the Caixin Service sector PMI next week. The official PMIs released recently were weaker than expected. That weakness […]
Elliott Wave Technical Analysis: The Procter & Gamble Co.
Image Source: Unsplash The Procter & Gamble Co., Elliott Wave Technical AnalysisThe Procter & Gamble Co., (NYSE: PG): 4h Chart 1 December 2023PG Stock Market Analysis: We are looking at the possibility of a bullish scenario, which is very similar to what is happening with the DJI. Looking for a potential correction in wave (2) to […]
Bear Of The Day: Landstar System
Landstar System (LSTR) is a Zacks Rank #5 (Strong Sell) and has seen earnings estimates slide lower recently despite a good history of beating Zacks Consensus Estimate. This article will look at why this stock is a Zacks Rank #5 (Strong Sell) as it is the Bear of the Day. DescriptionLandstar System, Inc. is an asset-light provider […]
