Category Archive: Finance, No picture
Record Cyber Monday Sales Fueled By ‘BNPL Craze’ As Consumers Spend Beyond Their Means
Image Source: Unsplash The ‘buy now, pay later’ (BNPL) craze is sweeping across America as debt-ridden consumers tap another credit lifeline that has propelled record sales for Black Friday and Cyber Monday. This trend has become another financial crutch for consumers hooked on spending beyond their means. Data from Adobe Analytics showed that more Americans than ever relied on […]
Bidenomics & Inflation Nation Not Adding Up. The Corn & Ethanol Report
We kicked off the day with Redbook YoY at 7:55 A.m., S&P/Case-Shiller Home Price MoM & YoY, House Price Index, and House Price Index at 8:00 A.M., CB Consumer Confidence, Fed Goolsbee Speech, Richmond Fed Manufacturing Index, Richmond Fed Manufacturing Shipments Index, and Richmond Fed Services Index at 9:00 A.M., Fed Waller Speech at 9:05 […]
A Market Crash In 2024 And A Depression By 2025?
Image Source: Unsplash The last time I spoke with Simon Hunt, he predicted a rocky road ahead for the global economy, that will eventually culminate in the massive pile of $trillions in global unserviceable debt going into default causing a worldwide depression by 2025.Since his last appearance, the markets have become a lot more optimistic, U.S. […]
Boeing Co Chart Analysis
Image Source: Unsplash Bob Lang gives a technical analysis of the stock chart for BA.Video Length: 00:02:19More By This Author:How To Manage Risk With Spread Trading Phillips 66 – Chart AnalysisWhat The Stock Market Is Saying About The Economy In 2024
PDD Stock Price Forecast As Temu Growth Gains Steam
Image Source: Unsplash PDD (Nasdaq: PDD) stock price continued its strong bullish trend this week after the company published strong financial results. The stock surged to a high of $138.40, the highest point since June 1st. It has risen by more than 490% from the lowest level this year. Temu is thriving Pinduoduo is one of […]
Month End Rebalancing Reveals US Dollar Selling
Image Source: Unsplash Last week, US equities were rallying and the US Dollar was bid. This week, we’ve been getting a dose of the opposite, with stocks a little more worried than currencies.Video Length: 00:00:56More By This Author:Ominous Signs As The Week Gets Going Keeping An Eye On The Yellow Metal Back To Fuller Form As […]
Analysts See Boeing As A Buying Opportunity In Current Conditions
Image Source: Unsplash Boing opened 0.8% at the market open on Tuesday after RBC analysts hiked the stock’s price target to $275 from $200.Shares of Boeing (NYSE: BA) rose 0.8% at the opening bell on Tuesday after RBC Capital analysts raised their price target on the stock. Despite years-long challenges, Wall Street is beginning to see BA as […]
Whose “moment Of Truth”. The Energy Report
While the global oil markets are on edge to see if OPEC plus Russia will get their act together, the calling out by OPEC of the International Energy Agency (EIA) is priceless. OPEC called out the IEA’s hypocrisy in an epic response to the IEA’s report saying that the UN’s COP28 climate summit in Dubai is […]
Adobe Shares Dip In Premarket As CMA Says Figma Deal Can Harm Design Market
Image Source: Unsplash Adobe’s stock slipped 0.5% in Tuesday’s premarket after CMA said the Photoshop maker’s proposed $20B buyout of Figma could harm the design sector.UK regulator Competition and Markets Authority (CMA) unveiled findings from its in-depth investigation of the $20 billion Adobe-Figma deal, saying the buyout could put the UK’s design sector at risk and reduce competition. Adobe’s stock […]
Stock Market Correction Coming Before The Santa Claus Rally
Image Source: Unsplash Is a stock market correction coming before the Santa Claus rally at the end of the year?It is a fascinating turn in sentiment, given that investors were convinced of the bear market’s return just a month ago. Now, investors are “making their list and checking it twice.” Given the 10% advance over the past month, […]
