Category Archive: Finance, No picture
Minor Losses For Indices Change Little For The Big Picture
Image Source: UnsplashWhile coming in as a technical distribution day, the general low volume is a sign that Thanksgiving trading has come early. I won’t be expecting much until next Monday, but Black Friday is more likely to be bullish.The Russell 2000 (IWM) experienced the largest loss. The 50-day MA is a potential support area although […]
Metals Report For Tuesday, November 21
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:09:06More By This Author:Financial Markets Report For Monday, November 20 Metals Report For Monday, November 20 SPDR ETF Report For Thursday, November 16
Binance Names Richard Teng Its New Chief Executive After CZ Resigns
Image Source: Unsplash Changpeng Zhao pleaded guilty to charges of money laundering today. Richard Teng was so far serving Binance as global head of regional markets. Binance agreed to pay $4.3 billion in fines to settle with DOJ on Tuesday. Binance is in focus in after-hours on Tuesday after the world’s largest crypto exchange named Richard Teng […]
Stocks Stall On November 21, 2023, As Systematic Flows Abate
Image Source: UnsplashStocks finished the day lower by roughly 20 bps, which is not a big deal, as rates fell somewhat and the dollar rallied. Tomorrow will be a full day of trading, but then the market will be closed on Thursday, and Friday will be only a half day.The Fed minutes today revealed nothing new […]
5 ETFs To Make The Most Of Solid Thanksgiving Travel Trend
Image Source: Unsplash With travel demand remaining robust, a higher number of Americans are gearing up for Thanksgiving travel this year. Increased travel demand should boost revenues and profitability for the travel and tourism industry, thereby leading to higher share prices.Investors shouldn’t miss this opportunity and could tap this trend through ETFs that stand to profit […]
NVDA, Tech, And Earnings In A Holiday Week – What’s In Play?
Image Source: Unsplash We’re seeing little movement in key tech stock NVIDIA (NVDA) after hours, at least on the initial earnings announcement. In tonight’s video, we pinpoint the price targets and then continue scanning for relative strength in a flat sideways market outside of key tech stocks. We have your update covered for you in a […]
Urban Outfitters Surpasses Q3 Earnings And Revenue Estimates
Image Source: Unsplash Urban Outfitters (URBN – Free Report) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.64%. A quarter ago, it was […]
3 Dividend Champions For Long-Term Income
Image Source: Unsplash Income investors value reliability and consistency, as well as high dividend yields. Some stocks provide a combination of these factors, such as the Dividend Champions — stocks that have raised their payouts for at least 25 years in a row.These companies have proven that they can manage through recessions, while continuing to pay […]
Equities/Commodities 12-Year Cycle Performance Outlook And Update
Image Source: Unsplash Who says cycles don’t exist? Today, we put cycles on full display in looking at the performance of two of the most important asset classes: Equities and Commodities.The chart below takes a long-term “monthly” view of the performance ratio of the S&P 500 Index/Thomson Reuters Commodities Index.As you can see, a couple of long-term […]
Palantir Stock Forecast: PLTR Falls 7% As Market Awaits Nvidia Earnings
Image Source: Unsplash Palantir (PLTR) stock was rebuffed by 7% on Tuesday after looking like it had achieved escape velocity on Monday. Shares of the artificial intelligence company opened on Tuesday at $21.11 but have since slidden below $20.Palantir is simply following the lead of the broad market as the S&P 500 and Dow Jones have both […]
