Category Archive: Finance, No picture
Quick Look At Reports From ServiceNow, Chipotle, And Harmony
Image Source: Unsplash We are knee-deep into Q3 earnings season, and the reports from our portfolio and Watch List stocks are rolling in. Let’s take a brief look at 2 portfolio names and one watch list stock.ServiceNow (NOW)ServiceNow is a steady, reliable SaaS firm that continues to prove out its value and growth potential to investors. Subscription revenues […]
Previewing The 2024 S&P GSCI Rebalance: Big Oil’s Mojo Is Back
Image Source: Unsplash Long-time investors in products linked to the S&P GSCI remain keenly aware of the outsized role oil has in broad commodity performance. Reviewing the projected weights of the 2024 S&P GSCI rebalance oil is expected to remain the largest commodity in the index. WTI and Brent crude oil are projected to swap positions and collectively account for […]
What Wall Street Experts Are Saying About Apple Ahead Of Earnings
Image Source: Unsplash Apple (AAPL) is scheduled to report fourth fiscal quarter results after the market close on Thursday, November 2, with a conference call scheduled for 5:00 pm ET. What to watch for: DOWNGRADES SINCE LAST QUARTER: Last quarter, Apple beat consensus sales and earnings expectations, reporting EPS of $1.26 on Q3 revenue of $81.8B, which compared to […]
Asia Week Ahead: RBA Meeting And A Flurry Of Regional Growth And Inflation Reports
The Reserve Bank of Australia will likely hike rates next week, while third-quarter GDP reports could show economies slowing across the region.Unsplash Reserve Bank of Australia likely to hike ratesInflation has been drifting higher over the last two months, and although this is partly due to less favorable base effects, the monthly run rates for August and […]
Solar Stocks Bleed Amid Slowing Demand And High Interest Rates
Photo by Andreas Gücklhorn on UnsplashSolarEdge is down 18% in Thursday premarket after the company unveiled a disappointing Q3 report and cut Q4 outlook.arlier this month, SolarEdge (SEDG) significantly cut its revenue outlook for Q3 and raised concerns about weakening demand, leading to a major sell-off in solar stocks. These warnings came to fruition on November 1, […]
3 Goldman Sachs Mutual Funds For Impressive Returns
Goldman Sachs Asset Management (GSAM) is a world-renowned company that has been providing investment management, portfolio design and advisory services to individual and institutional investors worldwide since 1988. Its strategies span asset classes, industries and geographies. As of Dec 31, 2022, GSAM had $2 trillion in assets under supervision worldwide.The fund has more than 2,000 […]
4 Hour Chart Elliott Wave Technical Analysis: AUDUSD – Thursday, November 2
AUDUSD Elliott Wave Analysis Trading Lounge 4 Hour Chart, 2 November 23Australian Dollar/U.S.Dollar (AUDUSD) 4 Hour ChartAUDUSD Elliott Wave Technical AnalysisFunction: TrendMode: impulsiveStructure: red wave 3 of 1Position: Blue wave 1Direction Next lower Degrees: red wave 4 of 1Details: Red wave 2 completed at 0.63144 , Now red wave 3 of 1 is in […]
Fed Keeps Its Finger On The Pause Button
Photo by Adam Nir on UnsplashChalk one up for the status quo.As expected, the Federal Reserve held interest rates steady in a range between 5.25 and 5.5% for the second straight month, and chairman Jerome Powell was intentionally noncommital about future Fed moves.There was very little change in the official FOMC statement. The committee left the […]
Today, The Focus Of Traders’ Attention Is On The Bank Of England’s Monetary Policy Meeting.
At the close of the stock exchange on Wednesday, the Dow Jones (US30) index rose by 0.67%, and the S&P 500 (US500) index rose by 1.05%. The NASDAQ Technology Index (US100) closed positive at 1.64% yesterday. The S&P 500 (US500) and Nasdaq 100 (US100) indices hit one-week highs, and the Dow Jones Industrials index hit a 10-day-high. Weaker-than-expected ADP employment and ISM manufacturing reports in the […]
BoE Preview: Three Scenarios And Their Implications For GBP/USD
Economists at TD Securities discuss the Bank of England Interest Rate Decision and its implications for the GBP/USD pair.UnsplashNeutral hold (35%): Unchanged language The MPC delivers a hold and keeps its guidance roughly unchanged. While the recent data flow has been weak, the MPC stresses that UK data has been highly volatile lately, and emphasizes upside revisions to […]
