Category Archive: Finance, No picture
S&P 500 Earnings Dashboard 24Q4 – Tuesday, Feb. 4
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions 24Q4 Y/Y earnings are expected to be 12.1%. Excluding the energy sector, the Y/Y earnings estimate is 15.3%. Of the 211 companies in the S&P 500 that have reported earnings to date for 24Q4, 76.8% reported above analyst expectations. This compares to a long-term average of 67%. The 24Q4 Y/Y blended revenue growth estimate is 4.7%. If the energy sector is […]
Tariff Pause & South American Weather Supportive Near-Term. The Corn & Ethanol Report
We kicked off the day with Redbook YoY at 7:55 A.M., JOLT’s Job Openings, Factory Orders MoM, Factory Orders ex Transportation, and JOLT’s Job Quits at 9:00 A.M., RCM/TIPP Economic Optimism Index at 9:10 A.M., Fed Bostick Speech at 10:00 A.M., 42-Day Bill Auction at 10:30 A.M., Fed Daly Speech at 1:00 P.M., API Energy […]
FTX to begin Bahamas creditor repayments on February 18
Key Takeaways FTX will start repaying Bahamas-based creditors on February 18, beginning with claims under $50,000. Eligible creditors will receive 100% of their claim value plus 9% interest, processed by BitGo. Share this article FTX is set to begin repaying its creditors nearly three years after its collapse, marking a significant milestone in the aftermath […]
Trump Tariffs Rally Gold And Silver
The gold market experienced significant gains this week, driven by major geopolitical and economic developments. The primary catalyst was President Trump’s announcement of new tariffs, imposing a 25% duty on imports from Canada and Mexico and a 10% levy on Chinese imports.Although the tariffs on Mexico and Canada were temporarily paused for 30 days, the […]
FTSE Recovers With Broader Risk Sentiment, As Trump/XI Set To Speak
Image Source: Unsplash On Tuesday, the primary stock index in the UK encountered a dip, primarily due to the struggles in the communications sector. This decline was set against a backdrop of cautious global market sentiment, fuelled by looming trade tensions between the US and China. Despite this initial setback, there was a glimmer of hope […]
USDMXN Is Finishing Wedge Pattern; Delayed Tariffs Could Strengthen Mexican Peso
Image Source: Unsplash USDMXN is in a recovery mode since Trump won the US election. But notice that bulls can be losing strength, so possibly that’s even an ending diagonal a.k.a. wedge pattern now that can come to an end. Well, with the recent news that tariffs for Mexico are delayed, Mexican Peso is recovering, so […]
Senator Bill Hagerty proposes legislation for stablecoin framework
Key Takeaways Senator Bill Hagerty introduced the GENIUS Act to regulate stablecoins with bipartisan support. The proposed legislation requires stablecoin issuers to provide monthly audited reports and meet reserve requirements. Share this article Senator Bill Hagerty will introduce legislation Tuesday to create a comprehensive regulatory framework for stablecoins, marking the latest Republican push to establish […]
Why Spotify Could Be A Safe Bet In An Economic Slowdown
Nancy Tengler recent dubbed Spotify Technology SA (SPOT) a “recession-proof” name – and the earnings it reported for its financial fourth quarter substantiated her view on Tuesday.Spotify may be seen as insulated as it has been able to grow its monthly active users through economic downturns, indicating users refuse to bail on the music streaming […]
PLTR Stock Surges, TSLA Slips As US Stock Futures Drop On China’s Retaliation
Stock futures fell on Tuesday as China took retaliatory action against new US tariffs by imposing its own levies on select American goods.In a further escalation, China also opened an investigation into Alphabet’s Google for possible antitrust violations, adding to the market’s uncertainty.Futures related to Dow Jones Industrial Average fell by more than 0.2%, while […]
Total Return Forecasts: Major Asset Classes – Tuesday, Feb. 4
Image Source: Unsplash The long-run expected return for the Global Market Index (GMI) remained above 7% for a third straight month in January, ticking higher vs. December’s estimate. The revised forecast, based on three models defined below, continues to reflect the highest return outlook in recent history for this multi-asset-class global benchmark.US equities are still the lone downside […]
