Category Archive: Finance, No picture
3 Top-Ranked Stocks Breaking 52-Week Highs
Image Source: UnsplashStocks making new highs tend to make even higher highs, especially when analysts’ positive earnings estimate revisions begin rolling in.And by targeting stocks breaking out or near new highs, investors find themselves in favorable trends where buyers are in control.With the market’s rebound in 2023, many stocks are now near or breaking 52-week highs, […]
USD/JPY Extends Its Upside Above 151.30 Ahead Of US UoM Data
Image Source: Unsplash USD/JPY trades in positive territory for the fifth consecutive day on Friday. Federal Reserve (Fed) Chair Powell said they are not confident that they have achieved a sufficiently restrictive policy. Bank of Japan (BoJ) Governor Ueda said they will exit the ultra-loose monetary policy with caution to avoid major volatility. Market players await […]
Impressive Performance Of Duolingo
Image Source: UnsplashI am sharing this chart of Duolingo (DUOL) not because it’s an interesting chart, but because I’m quite impressed that a relatively new company like this is actually thriving. Good on them!More By This Author:A One-Two WarningA Different Kind Of Gap What The Fed Is Watching?
Aurora Cannabis’ Q2 Net Income Was Positive For The First Time
Aurora Cannabis Inc. Logo (CNW Group/Aurora Cannabis Inc.) The information below compares Q2 2024 ended September 30th, 2023 with Q1 2024 and all figures are in Canadian dollars. Go here to convert into another currency. Q2 Financial Highlights Net Revenue: DOWN 15.5% to $63.4M Adj. Gross Margin: DOWN to 44% from 51% Medical: UP 5.3% to […]
It’s Not Over Till It’s Over
Image Source: Unsplash MARKETSWhile operating in a macro news vacuum, stocks traded lower as investors were left dodging higher US yields after a rough long bond sale and a rare rally pushback from Chair Powell.In an unusual pushback, not only suggesting he means business but obviously not pleased with the recent easing in financial conditions, Federal […]
Smart Tech: The Road To Recovery For Tech Stocks In 2023
Image Source: Unsplash In the ever-evolving world of technology, 2022 proved to be a challenging year for many tech stocks. However, as we look towards the future, there’s a renewed sense of optimism for certain companies that have weathered the storm. While mega-cap tech stocks garnered much of the spotlight, another class of recovering tech stocks shows […]
Is Apple’s Magic Fading?
Image Source: Unsplash This week, Tracey is going solo to talk about Apple. As many long-time listeners of the podcast know, Tracey is not an Apple investor. Nor does she use its products. That’s right. She does not own an iPhone and never has.But after Apple reported the fourth straight quarterly sales decline, the first time […]
Measuring Fixed Income Opportunities In Asia With Indices
How are indices helping investors track the continued development of Asian Bond markets? S&P DJI’s Randolf Tantzscher and SSGA’s Kheng Siang Ng discuss how indexing is helping market participants track the evolving fixed income opportunity set across currencies in Asia.Video Length: 00:08:38More By This Author:Material Change In A Material World Tracking The Evolving Yield Landscape […]
Quarterly Updates For MercadoLibre, Sprout Social, And Shockwave Medical
Image Source: Unsplash Three additional updates to share today, with recent earnings reports coming in from Mercadolibre, Sprout Social, and Shockwave Medical. Let’s take a look.Mercadolibre (MELI)Mercadolibre has delivered some of the best business results from any of our selections. Q3 was no exception. Revenues were up 40% year-over-year, with the commerce side leading the way […]
Gold Has Rebounded, Yet Miners Still Languish
Image Source: Unsplash Both gold and silver sold off sharply in October following Jerome Powell’s commentary at the Fed’s September policy meeting, but have rebounded in the past few weeks amidst geopolitical and treasury supply concerns.Yet despite significantly higher precious metals prices today than a year ago, the mining sector has continued to struggle through what […]
