Category Archive: Finance, No picture
This Slingshot Reversal Could Be Massive Tomorrow
Image Source: UnsplashWoah, huge move down today!!Big moves like these usually give us BIG opportunities the following day…I have (3) trades I’m watching for tomorrow, and this “Slingshot Reversal” is by far my favorite!Emini and Nasdaq are bearish and gapping down overnight!These types of markets are pretty easy to trade, but you need the right strategy. […]
USD/JPY Hits Highest Bids In A Year, Taps 150.32
Image Source: Unsplash The USD/JPY has set a new 12-month high early Thursday, tipping over 150.30 as the Yen recedes further. US Treasuries continue to push into 16-year highs, bolstering the US Dollar. 150.00 remains a critical level for the USD/JPY, a historical defensive level for the BoJ. The USD/JPY ripped into a twelve-month high above 150.30 late […]
Asia Open: There’s A Price To Pay For Strong Economic Data
Image Source: UnsplashMARKETSUS stocks are experiencing a clear downward trend on Wednesday due to lacklustre cloud results from GOOGL and a surge in interest rates, prompted by an unexpectedly robust housing report and a “tailing” five-year sale.For anyone seeking a break from the tumultuous roller coaster ride in the US bond market, Wednesday’s developments likely left […]
Markets Are Back To The Volatility Hurt Locker
Image Source: Unsplash1. The markets have returned to a state known as the “Volatility Hurt Locker”, characterized by intense fluctuations, as indicated by the S&P 500’s recent decline by about 53 handles. 2. A significant market level, 4211 in the S&P futures, is considered pivotal; trading below this number has historically resulted in high volatility and […]
IBM Q3 Earnings Surpass Estimates
Image Source: Unsplash IBM (IBM – Free Report) came out with quarterly earnings of $2.20 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.77%. A quarter ago, it was expected […]
What Happens When Gold Breaks $2,000
↵Image Source: Unsplash In the past 3 years, we’ve seen the gold price break the $2,000 level on several occasions. Yet each time it’s come back in, leaving many wondering what it will finally take for a decisive breakthrough that finally leaves the $2,000 level in our rear-view mirror.So in today’s show, we talk with Francis […]
Joint Corp: From Growth To Deep Value
Image Source: Unsplash Description The Joint Corporation (JYNT) is the largest domestic franchisor and operator of chiropractic clinics. The company aims to provide affordable chiropractic services in this fragmented market using a private pay, noninsurance, cash model. Joint has 900 locations in the USA and plans to open 100-120 newly franchised clinics in 2023. Overview With […]
Grains Report – Wednesday, October 25
Photo by Kate Ibragimova on UnsplashWheatGeneral Comments: Wheat markets closed lower yesterday and trends are sideways in all three markets. The war in Ukraine continues with Russia still bombing Ukrainian ports near the Black Sea and Danube River and has been having success. Russia is still exporting and offering Wheat into the world market. Ukraine […]
Calm Before The Storm – The Corn & Ethanol Report
Photo by Demian Tejeda-Benitez on Unsplash We kickoff the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., New Home Sales and New Home Sales MoM at 9:00 A.M., EIA Energy Stocks and NY Treasury Purchases 10 to 22.5 years. At […]
421 Stocks Out Of The S&P 500 Are Down Since July; These 3 Bucked The Trend
Image Source: Unsplash Representing the 500 largest market cap companies in the US, SPX has been lopsided for years. Out of the top 10 stocks by index weight, 7 outperform SPX heavily, with five being under the Big Tech umbrella. These “Magnificent Seven” are Apple (Nasdaq: AAPL), Alphabet (Nasdaq: GOOGL), Amazon (Nasdaq: AMZN), Microsoft (Nasdaq: MSFT), Nvidia […]
