Category Archive: Finance, No picture
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Oct 16
Image Source: PexelsMarkets are currently tracing out minute 4th wave. I’ve updated the labeling and added Fibonacci levels to complete the balance of the 4th wave. Expectations remain the same: I anticipate the minute 5th wave moving higher to complete the Intermediate 3rd wave.Video Length: 00:17:46More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – […]
Stocks Finish Mixed As Chip Stocks Struggle To Gain Traction
Image Source: UnsplashStocks finished the day mixed, but tomorrow morning will be a key moment for earnings season as Taiwan Semiconductor (TSMC) reports its results. These results are always closely watched, especially for insights into Nvidia’s performance, but they carry extra weight this time following ASML’s surprisingly weak results.Analysts expect TSMC to report third-quarter earnings of […]
Boeing Cash Patch Will Be Ripped Off
Image Source: UnsplashBoeing (BA) needs a lot of things, but what it needs most is cash. On Monday the $92 billion aviation giant said it would seek to fix that problem, registering a document with the U.S. Securities and Exchange Commission to raise up to $25 billion by selling debt and stock while also announcing a $10 billion credit agreement. […]
Fed Inflation Credibility Measured
Image Source: PexelsHas the Fed lost credibility, as some people have argued (e.g., EJ Antoni)?One way to assess credibility is to see whether people’s expectations of inflation at the medium term (say 3 years) comes close to the implicit target. With a PCE y/y inflation target of 2%, this means a 2.45% CPI target. Using this, […]
Buffett Hoards Cash – Is A Market Shift Coming?
Image Source: Pexels James Connor welcomes Jonathan Wellum, CEO of ROCKLINC Investment Partners, to discuss Warren Buffett’s decision to build cash reserves, the overvaluation of tech stocks like Nvidia, and why precious metals might become key to protecting portfolios. Wellum also covers Buffett’s increasing exposure to energy stocks, concerns over baby boomers’ equity exposure, and the […]
Bitwise updates XRP ETF filing with new S-1 submission
Key Takeaways Bitwise revises its XRP ETF filing, enhancing custody and trading structures. SEC’s decision on Ripple appeal crucial for Bitwise XRP ETF’s future. Share this article Bitwise has updated its submission for launching an XRP-based ETF by revising its S-1 registration with the SEC with a new filing released today. The latest filing refines the […]
Nvidia Rips, Meta Slips… And Everything Else Is Stuck
Image Source: Unsplash The tech sector… doesn’t quite know what to do with itself today. Nvidia rocked more than 3% to the upside after yesterday’s semiconductor slaughter. But Meta, which is about to find itself on the pointy end of a likely large lawsuit, was on track to close down nearly 2% to the day.And it’s […]
Wall Street Split On Netflix Ahead Of Earnings
Image Source: Pexels Netflix (NFLX) is scheduled to report its third quarter 2024 financial results and business outlook on Thursday, October 17. A video interview with Netflix executives, including co-CEOs Ted Sarandos and Greg Peters, will follow at 4:45 pm ET. What to watch: SUBSCRIBERS: Netflix’s membership trends are a closely-watched measure of the company’s growth trajectory.In the second […]
3 Large-Cap Value Funds With Upside To Avoid Present Market Volatility
Image Source: Unsplash Continued high prices are frustrating consumers, which is denting their sentiment. Inflation declined substantially over the past few months, prompting the Federal Reserve to cut interest rates for the first time in more than four years. However, inflation jumped again in September, raising concerns over the economy’s health.Given this situation, investing in large-cap […]
Amazon Is Investing Over $500 Million In Nuclear Power
Image Source: Unsplash Amazon.com Inc (Nasdaq: AMZN) was in focus this morning after its cloud computing subsidiary Amazon Web Services (AWS) announced plans to invest over $500 million in nuclear power.This comes amid an increasing need for energy as it continues to expand its footprint in generative artificial intelligence.On Wednesday, AWS signed a deal with Dominion […]
