Category Archive: Finance, No picture
The Canadian Dollar Had Shed Weight For The Eighth Straight Day
Image Source: Unsplash The Canadian dollar slid down another tenth of a percent against the greenback on Friday. Despite upbeat labor data from Canada, markets deferred to the US dollar. US PPI inflation cooled to flat in September, but core PPI remained an issue. The Canadian dollar fell against the greenback for the eighth consecutive trading day on Friday, as […]
Stocks Hit Fresh Records Despite Rising Rates. What Gives?
Image Source: UnsplashThe S&P 500 and Dow closed with record numbers on Wednesday. Leading the charge were technology stocks. Bank stocks also performed well. At the beginning of September, we wrote: “We are hard pressed to find what could possibly go wrong in September. So perhaps, the path of least resistance will continue to drive stock prices […]
Beginner’s Luck Or The Best Trade Ever?
Image Source: UnsplashMy daughter likes to open baseball card packs. It’s not a cheap hobby in any regard, but it’s a good way to make memories. And she’s a shark. Two weeks ago, I purchased a hobby box of 2022 Topps baseball cards for $39. She got half the packs. I got the other half. I didn’t pull a single good […]
Wall Street’s Top 10 Stock Calls This Week – Saturday, Oct. 12
Image Source: UnsplashWhat has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street’s best analysts during the trading week of Oct. 7-11, 2024. First, here are the top 5 buy calls of the week. 1. Netflix Upgraded to Overweight at Piper Sandler […]
A Lot Of Home Runs And One Ugly Strikeout; One New Swing Position
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Image Source: UnsplashIn this video, I review some amazing trades, such as Astera Labs (ALAB), Tevogen Bio Holdings (TVGN), Top Wealth Group Holding (TWG), AppLovin Corporation (APP), Palantir (PLTR), and Impinj (PI). I also discuss one missed entry non-trade, with MicroStrategy (MSTR), one losing trade, with Flutter […]
Week Ahead: Is The US Rate Adjustment Nearly Over? Be On Guard For Reversal Patterns
The combination of the stronger-than-expected US September jobs report and the slightly firmer inflation readings lifted US interest rates and the dollar. Several Fed officials spoke, and it did not appear that the employment or price reports changed views as much as it had impacted the capital markets. The September Summary of Economic Projections found a median […]
EURUSD Analysis, EURUSD Price Prediction & EURUSD Week Ahead Forecast – Saturday, October 12
Today you will see EURUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for EURUSD. What to expect where the price will breakout for the EURUSD based on the supply and demand zones.Video Length: 00:03:44More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast – […]
Boeing Is Laying Off 10% Of Its Workforce, Here’s Why
Boeing Co. announced late Friday that it plans to cut approximately 10% of its workforce, a move that surprised markets as the aerospace and defense giant continues to face significant financial challenges.The company warned investors of a larger-than-expected third-quarter loss and lower revenue than Wall Street had predicted. CEO Ortberg explains the moveBoeing’s Chief Executive, Kelly […]
Adding Leveraged, Long-Short Factor Strategies To Improve Tax Alpha
Image Source: PexelsEmpirical research, including the 2020 study “An Empirical Evaluation of Tax-Loss Harvesting Alpha” and the 2023 study “Expected Loss Harvest from Tax-Loss Harvesting with Direct Indexing,” has found that tax-loss harvesting strategies in separately managed accounts (SMAs) can improve the post-tax returns of an investment portfolio by employing a strategy of selling positions in […]
RING: Digging Up Profits By Investing In Gold Mining Shares
Image Source: PexelsGold mining funds basically serve as leveraged plays on the precious metal. The mining companies have high fixed costs, but low variable costs. When the price of gold rises above a company’s cost of production, most of the price hike goes to the company’s bottom line. One fund worth considering is the iShares MSCI Global […]
