Category Archive: Finance, No picture
These Are The World’s Largest Semiconductor Foundry Companies By Revenue
Image Source: UnsplashThey’re in our phones, cars, planes, and even fridges.Semiconductor chips have become critical for the modern way of life, and the biggest semiconductor foundry companies rake in billions of dollars from widespread demand.Visual Capitalist’s Marcus Lu and Pallavi Rao show in the following chart, the largest semiconductor foundry companies by their percentage of global revenues […]
Market Rally Takes Us Into Thanksgiving
Image Source: UnsplashNone of the main market indices spent as much as a second in the red today, buoying stronger on less data than we’ve seen in the past several weeks. The Dow ground forward another +184 points, +0.53%; the S&P 500 grew +0.41%; the Nasdaq +65 points, +0.46%; and the small-cap Russell 2000 gained +0.69%.Off […]
VIX: A Lament For Sub-Teen Levels And Unwavering Market Faith
Image Source: UnsplashA moment of silence, if you please, for the VIX, which has since early 2020 crumbled from the 80s to, sadly, the sub-teens. The public has absolute, unshakeable, indefatigable faith that no matter what the economy is doing, the stock market will never, ever, EVER be allowed to fall for more than a day or two, thanks to the unlimited help of […]
Safety Shot Stock Ends 25% Down On Short Seller Report
Image Source: Unsplash Capybara published a report against Safety Shot stock on Wednesday. Safety Shot Inc lambasted the short seller for its inaccurate article. At one point, $SHOT was even down 50% versus its intraday high today. Safety Shot Inc (SHOT) ended about 25% down today after Capybara Research questioned the legitimacy of its alcohol detox drink. Why […]
AUD/USD Loses Momentum Below 0.6550 Following Australian Judo Bank PMI Data
Image Source: Unsplash AUD/USD loses traction around 0.6538, up 0.04% on the day. Australian Judo Bank Manufacturing PMI for November came in at 47.7 vs. 48.2 prior; Services PMI eased to 46.3 vs. 47.9 prior. The University of Michigan Consumer Sentiment Index came in at 61.3 from an initial reading of 60.4. The AUD/USD pair faces a rejection […]
Pot Stocks: Values Or Traps?
Image Source: Unsplash This week, Tracey is joined by Zacks Stock Strategist and the editor of Zacks Marijuana Innovator newsletter, Ben Rains, to discuss the pot stocks. Pot stocks were the hottest thing around 5 years ago but after catching a bid during the pandemic, the stocks have now plunged to multi-year lows.Are there any deals […]
Bad Durable Goods Is Good?
Image Source: UnsplashIn today’s video, we look at Durable Goods Orders as a predictor of bond prices and business cycle. We discuss other recession indicators and we discuss the expectations of another push higher in equities going in to the end of the year.Video Length: 00:14:57More By This Author:NVDA, Tech, And Earnings In A Holiday Week […]
Q3 2023 U.S. Retail Scorecard – Wednesday, Nov. 22
Image Source: Unsplash To date, 177 of the 205 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2023, representing 86% of the index. Of those companies that have reported their quarterly results, 69% announced profits that beat analysts’ expectations, while 4% delivered on-target results and 27% reported earnings that fell below estimates. […]
DE Double Bottom; Bullish Ladder Entry Point For Nat Gas
Image Source: Unsplash Deere & Company (DE) is gapping down into a double bottom and gap fill which should cause a bounce where you can profit.Natural gas retraces to the scene of the crime and pierces that level – Gareth shows where he will be laddering in on a long position as natural gas is poised […]
Are Technology Stocks Ready To Lead The Next Bull Market?
Image Source: Unsplash The main engine of the domestic economy and stock market indices is the technology sector.No doubt about it.Technology stocks have lead the stock market for over two decades, so it’s always worth watching the Nasdaq indices and how they are faring. Today we provide an update.Below is a long-term chart highlighting the performance […]
