Category Archive: Finance, No picture
Gold & Silver Climb Higher Following Previous Surge
Image Source: PexelsFollowing the surge of the previous week, Gold, Silver and gold stocks gained 1% to 1.5% on the week. Precious Metals declined after the Fed rate cut on Wednesday but closed the week strong.Video Length: 00:09:10More By This Author:Key Silver Levels You Need To Know Gold And Silver Explode, Miners And Juniors SoarNext Leg […]
Twists & Turns
Image Source: UnsplashMARKETSAfter Thursday’s euphoria, where Wall Street soaked up the glow of the Fed’s rate cut, Friday brought a reality check as the rally sputtered. The post-cut high has given way to a more grounded realization: at some point, growth will have to do the heavy lifting for stock valuations moving forward. We’re now in […]
Gold, Oil, & Crypto Soar As Fed Slashes Rates With Stocks At Record Highs
Image Source: UnsplashStocks are at record highs (no landing at all); home prices are at record highs (and rising fast); and US macro data has dramatically surprised to the upside since the last FOMC meeting…Source: Bloomberg…but bonds are 35bps lower in yield (recession)…Source: Bloomberg…so it makes perfect sense that The Fed would slash rates by a […]
The Fed Is Cutting: Time To Buy The Cheap Homebuilder Stocks
Image Source: Unsplash Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.The Federal Reserve has finally started cutting interest rates. It announced a 50-basis point cut in Sep 2024.Fed rate cuts usually impact mortgage rates, although mortgage rates had already been falling heading into […]
SEC approves options trading on BlackRock’s spot Bitcoin ETF
Key Takeaways The SEC approved options trading for BlackRock’s Bitcoin ETF with strict oversight. SEC sets 25,000 contract cap on BlackRock’s Bitcoin ETF options. Share this article The US Securities and Exchange Commission (SEC) has approved options trading on BlackRock’s iShares Bitcoin Trust (IBIT), according to a filing published today. With IBIT options approved, investors now […]
Americans Have Spent All Of Their Pandemic Savings And Then Some
Talking heads and politicians laud the “resilience” of American consumers. They managed to keep spending despite rapidly rising prices thanks to post-pandemic price inflation.But these pundits and politicos rarely talk about how Americans have weathered the inflationary storm. When you look at the big picture, it’s not a story of resilience but one of desperation.In […]
BNY Mellon may have received SEC approval to custody Bitcoin and crypto assets
Key Takeaways BNY Mellon received a variance from SEC’s SAB 121 for crypto custody. BNY Mellon’s crypto custody plans signal major institutional shift. Share this article BNY Mellon, America’s largest custodian bank, appears to have received SEC approval to offer institutional crypto custody services, according to testimony at a Wyoming public hearing.Testimony from Chris Land, […]
Q3 Earnings Loom: What Can Investors Expect?
Image Source: Pexels The FedEx (FDX – Free Report) disappointment likely has some company-specific aspects, but it is reasonable to see this report as providing a read-through for the broader economy that has shown signs of moderation lately. In fact, these signs of macroeconomic softness prompted the U.S. Fed to come out with a bigger interest rate than many in […]
Rivian Stock: EV Maker’s Shares Slip Despite Fed’s Rate Cut
Image Source: Pexels Rivian Automotive Inc. (Nasdaq: RIVN) saw its shares drop by 7.5% to $12.17 during Friday’s trading session, reflecting a broader market pullback after a recent rally.The decline comes on the heels of the Federal Reserve’s unexpected decision to cut interest rates, marking the first reduction in over four years.This move had initially buoyed […]
