Category Archive: Finance, No picture
FedEx Crashes After Missing Across The Board, Cutting Guidance On “Weaker Demand Trends”
Image Source: Unspash After the post rate-cut meltup sent stocks to record highs on Thursday – even though the S&P was actually flat during the cash session with all gains taking place during the Asian/European sessions… … the sweet taste of victory for the bulls was diluted moments ago when one of the most important logistic […]
Go 50 Or Go Home
↵Image Source: Pexels In this episode of Macro-To-Micro Power Hour from 09/18/24, Samantha LaDuc and Craig Shapiro discuss their perspectives on recent Federal Reserve actions, including a 50 basis point rate cut.They delve into the Fed’s communication strategy and its implications on market volatility, reflecting on the challenges of predicting market movements around Federal Open Market […]
Tesla Gap Nearly Sealed
Image Source: Pexels Just last month, Tesla (TSLA) was a $182 stock. Since then, it has resolutely climbed. Along the way, I’ve been emphasizing the price target at just above $245, where that major price gap is.I’ve had a vested interest in this, since one of my kids had a bunch of options (which expire TODAY!) whose exit I was seeking […]
Plug Power Unveils Leasing Platform: Innovation Or Desperation?
Image Source: Unsplash Plug Power’s stock surged during today’s trading after the company unveiled an equipment leasing platform aimed at boosting its capital by leveraging its assets.The platform is designed to enable customers to finance the equipment they purchase from Plug Power Inc. (Nasdaq: PLUG), indirectly driving up the company’s sales.The firm has already secured around […]
The Fed Hits The Panic Button
Image Source: Pexels The Fed is desperate for you to think that “this time is different”. Unfortunately, Powell can’t seem to come up with explanation of why that is the case.Video Length: 00:03:52More By This Author:Rising Prices Are Caused by Monetary Inflation, Not GreedPowell: More Easy Money Is Coming SoonFederal Jobs Report Slices Total Jobs In […]
Super Micro Computer: Down Like The Hindenburg
Image Source: Unsplash Super Micro Computer (SMCI), a leading provider of AI servers, saw its stock price plummet by over 30% following the release of a short-seller report from Hindenburg Research on August 27. The report alleges that SMCI has been misrepresenting its sales on financial statements and engaging in other nefarious activities. Compounding these concerns, […]
It’s Time To Pay Attention To Crypto Again
Image Source: Unsplash If you ever follow any of my live sessions here at TheoTrade, you’ve probably heard me poke some innocent fun at the crypto crowd. Let me assure you that it’s with the sincerest intentions – I don’t enjoy seeing people getting caught on the downside in market manias.But at the end of the […]
Bitcoin jumps 6% after Fed cuts rates by 50 basis points
Key Takeaways Fed rate cut boosts Bitcoin 6%, but BOJ decision could impact gains. Bitcoin may benefit from additional Fed rate cuts expected by year-end. Share this article Bitcoin is trading near $63,000, up 6% in the last 24 hours after the Federal Reserve’s decision to cut its benchmark interest rate by 50 basis points. […]
Russell 2000 Earnings Dashboard 24Q2 – Thursday, Sep. 19
Image Source: Unsplash Russell 2000 Aggregate Estimates and Revisions The 24Q2 Y/Y blended earnings growth estimate is 20.8%. If the energy sector is excluded, the growth rate for the index is 29.1%. Of the 1,832 companies in the Russell 2000 that have reported earnings to date for 24Q2, 60.1% reported above analyst expectations. The 24Q2 Y/Y blended revenue growth estimate is 0.5%. If the energy sector is excluded, the growth rate for […]
FTSE Off Best Levels As BoE Stands Pat, Sterling Shines
Image Source: Unsplash Thursday’s increase in UK shares followed gains in worldwide stocks following the Federal Reserve’s announcement of a 50 basis point rate decrease. On Wednesday, the Fed reduced interest rates by a more significant 50 basis points than normal. Chair Jerome Powell justified the move by pointing to declining inflation and the need to […]
