Category Archive: Finance, No picture
WTI Recovers To Near $68.00, Stronger US Dollar Might Cap Its Gains
Image Source: Unsplash WTI price rebounds slightly to near $67.90 in Thursday’s early Asian session. US crude stocks fell by 777,000 barrels last week, citing the API on Wednesday. The firmer USD and OPEC’s latest downward revision for demand growth could cap the WTI’s upside. West Texas Intermediate (WTI), the US crude oil benchmark, is trading […]
2 Highly Ranked Stocks To Buy After Earnings: AROC, MNDY
Image Source: UnsplashHolding spots on the Zacks Rank #1 (Strong Buy) list, Archrock (AROC – Free Report) and Monday.com (MNDY – Free Report) are two stocks to consider after reporting their Q3 results on Monday.As intriguing prospects among the energy and tech sectors, respectively, let’s review Archrock and Monday.com’s Q3 results to see why now is a good time to buy. […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Nov 13
Image Source: UnsplashThe markets are seemingly beginning to have trouble picking up the rallies again. Which does keep the wave 4’s in play and a bit more confusing. Nonetheless, I am not making any major changes to the labeling. I continue to review the alternate counts with an additional being discussed today. That being that the […]
Stocks And Precious Metals Charts – The Allure Of Illusions
Image Source: UnsplashMonetary canards never die. They just get spun with a twist and come back again in different forms.The trillion-dollar platinum coin is morphing into a ‘Strategic Bitcoin Reserve’ to pay off the US debt.Well, at least we know we are nearer to the end of this phase of the great transfer of wealth – […]
Trump’s Energy Policy Shift Will Push These Stocks Higher
Image Source: Unsplash I’ve been neck deep into the energy sector lately.And one area of the oil patch has caught my attention.These aren’t the flashy stocks you hear about on CNBC.But they’re the companies doing the heavy lifting in the energy world.These companies have drilling expertise… the specialized equipment… and the technical know-how that makes oil […]
Q3 2024 U.S. Retail Scorecard – Update
Image Source: Unsplash To date, 135 of the 194 companies in our Retail/Restaurant Index have reported their EPS results for Q3 2024, representing 70% of the index. Of those companies that have reported their quarterly results, 62% announced profits that beat analysts’ expectations, while 5% delivered on-target results and 33% reported earnings that fell below estimates. […]
Cisco Systems Surpasses Q1 Earnings And Revenue Estimates
Image Source: Unsplash Cisco Systems (CSCO – Free Report) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.60%. A quarter ago, it was […]
What PNUT Tells Us About This Market
Image Source: Unsplash If you’ve never heard of Peanut the Squirrel… that’s okay. And if you’ve never heard of PNUT, the Peanut the Squirrel meme coin… well, lucky for you.Because it was all over the place today, hitting a $1 billion market cap after listing on Binance and getting the nod from Elon Musk. If Elon […]
FBI seizes Polymarket CEO’s phone following Trump election prediction
Key Takeaways Federal agents seized electronics from Polymarket CEO Shayne Coplan’s residence after the platform predicted Trump’s election win. The seizure might be politically motivated, despite no official reason being provided for the raid. Share this article Federal agents seized electronic devices from Polymarket CEO Shayne Coplan’s Soho residence early Wednesday morning, a week after […]
SFL: Unlock A 10% Yield In Shipping’s Toughest Market Yet
Image Source: Unsplash The shipping stocks sector has been in a five-month severe decline. I have a couple of shipping companies in the Dividend Hunter portfolio, and the stock charts are not pretty. Should we average down, or will this get worse?The SonicShares Global Shipping ETF (BOAT) has 50 component stocks in its portfolio. The ETF’s 52-week high […]
