Category Archive: Finance, No picture
A Couple Of Points
Image Source: UnsplashI didn’t feel right ending the day without another post, so I wanted to share this chart and say a couple of things about it.The above chart is of the NASDAQ futures over just about the last forty-eight hours.. The green arrow marks the last time the /NQ respected Fibonacci support. It hit this level to […]
Financial Markets Report For Thursday, October 26
Image Source: UnsplashIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, October 26.Video Length: 00:11:51More By This Author:Metals Report For Thursday, October 26SPDR ETF Report For Wednesday, October 25Financial Markets Report For Wednesday, October 25
Amazon Q3 Earnings Suggest It’s ‘Pulling Various Levers’ To Please Investors Amazon did not issue an impressive guidance
Image Source: Unsplash Amazon reports market-beating results for its fiscal third quarter. JMP Securities analyst Nick Jones shares his view on AMZN. Amazon stock is currently up close to 40% versus the start of 2023. Amazon.com Inc (AMZN) is marginally down in extended hours even though it reported better-than-expected results for its fiscal third quarter.AWS was […]
This Snap Back Trade Could Make Your Entire Week
Image Source: UnsplashOne day left – let’s finish strong!Markets are range-bound, and tomorrow’s a Friday…Put those 2 clues together and you get the recipe for the perfect SNAP BACK setup to finish the week!Emini and Nasdaq are range-bound going into Friday and we’re filtering the SNAP BACK trade based on the 60minute momentum…E-Mini S&P (ES): Emini […]
Current Analysis: Sumitomo Corporation
Image Source: UnsplashSumitomo Corp (SSUMY) is a Japanese conglomerate that operates various business units: metal products; transportation and construction systems; environment and infrastructure; media, ICT, and lifestyle-related goods and services; and mineral resources, energy, chemical, and electronics.The businesses develop, manufacture, distribute, and service steel sheets, steel tubular products, nonferrous metal products, ocean and aerospace equipment, railway […]
The Best Blue Chip Dividend Stocks For Young Investors
Several economic factors,such as high inflation and rising interest rates, might leave investors feeling skittish. The possibility of recession lingers.But for young investors, dividend stocks provide upside potential, portfolio stability, and consistent income during times of economic uncertainty.For nearly 100 years, dividends have contributed roughly 32% of the total return for the S&P 500. Overall, capital appreciation […]
Gold Price Forecast: XAU/USD Stages Mild Recovery Below $2,000, US PCE Data Eyed
Image Source: Unsplash Gold price rebounds to $1,985 amid lower US Treasury yields, weaker USD. The US economy showed an expansion in the third quarter. Market players will monitor the US core Personal Consumption Expenditures Price Index (PCE) on Friday. Gold price stages a mild recovery during the early Asian trading hours on Friday. The rebound […]
Quantum Computing Hardware Developers Index Down 7% MTD; Now Only +1% YTD
Image Source: Unsplash Imagine a problem that would take even the world’s fastest supercomputer years to solve being solved in seconds. This is the promise of quantum computing (QC) but, while today’s leading QC firms (see below) still haven’t cracked the code on qubits, the subatomic particles that will eventually replace binary 1s and 0s, the […]
3 Small Cap Stocks Paying Strong Dividends To Shareholders
Image Source: Unsplash Often when it comes to income investing, dividend stock buyers gravitate towards big companies known as large-cap stocks, which have market caps above $10 billion. This is understandable given they tend to have stable businesses with more consistent cash flow.However, income investors should not ignore small-cap stocks. Small-caps have market capitalizations below $2 […]
Why The Fed’s ‘Pause’ May Not Be Coming
↵Image Source: Unsplash The financial markets (and myself included), have spent the past year and a half waiting for the Federal Reserve to finally announce a pause to their interest rate hiking campaign. And while the Fed has left it’s target funding rate at the 5.25-5.50% range since their last hike at the July meeting, they […]
