Category Archive: Finance, No picture
Dividend Futures Before And After Fed Delivers “Outsize” Rate Cut
On Wednesday, 18 September 2024, the U.S. Federal Reserve acted to cut the Federal Funds Rate for the first time since 2020. In doing so, the Fed took the unusual step of cutting this interest rate by a half-percent, which is double what Fed officials signaled they would do just one week earlier.Clearly, Fed officials are seeing data about […]
Sui Network TVL soars to record high, SUI price up 30%
Key Takeaways Sui Network’s TVL surged to $810.5 million, a 283% increase year-to-date. SUI token price increased by over 30% in the past week, now trading at $1.3. Share this article The total value locked (TVL) on the Sui Network surged to a record of $810.5 million on September 19, according to data from DefiLlama. […]
Gold Trading Strategy, XAUUSD Analysis & XAUUSD Forecast – Thursday, September 19
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:41 More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast Gold […]
WTI Advances To $71.00 Mark, Over Two-Week High Amid Broad-Based USD Weakness
West Texas Intermediate (WTI) US crude Oil prices regain positive traction after Wednesday’s modest pullback and build on the recent recovery from the $64.75 area or the lowest level since May 2023 touched last week. The buying interest remains unabated through the first half of the European session and lifts the commodity to over a […]
The Q3 Earning Season Gets Underway
Image Source: Unsplash Estimates for 2024 Q3 have come down since the start of the period, with the magnitude of estimate cuts significantly bigger than what we had seen in the comparable periods of the year’s first two quarters. This negative shift in the revisions trend reverses the prior favorable development on this front in recent […]
Three Things – The Fed Goes 50!!!!!
Image Source: PexelsHere is the ONE thing I think I am thinking THREE times this week. If you prefer video you can also see my thoughts on the big rate cut from my interview on Schwab Network in which I discussed the relevant conclusions.1) The Fed Goes 50!!!!!!Last week I wrote about whether the Fed would go 25 […]
3 Hot Stocks Suited For Momentum Investors
Image Source: UnsplashMomentum investors look to ride bullish trends where buyers are in control.And pairing the strategy with the Zacks Rank makes the approach even more potent. Three stocks – EMCOR (EME – Free Report), Progressive (PGR – Free Report), and Sprouts Farmers Market (SFM – Free Report) – fit the strategy.All three have seen positive price action recently, displaying relative strength […]
Asia Morning Bites For Thursday, Sept 19
Image Source: UnsplashGlobal Macro and Markets Global Markets: After all the anticipation, the Fed did not disappoint, and delivered the 50bp cuts the markets had been pushing for. The market reaction was fairly muted, which is probably a good indication that the cuts were neither too excessive to needlessly juice risk assets nor too little to […]
Market Briefing For Thursday, Sept 19
Image Source: UnsplashAs the Fed did do the 50 basis point rate cut, with just one dissenter at the FOMC meeting. The Fed Chairman tended to moderate his comments accordingly; indicating more work to do; but dismissed inflation pressures from labor, and so on.Basically inflation (at slower pace) expectations remain ‘well anchored’ as he put it, […]
Tupperware’s Bankruptcy Crisis: Can This Iconic Brand Make A Comeback?
Image Source: UnsplashTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. The 78-year-old brand revolutionized kitchen storage. But on Sep. 17, Tupperware filed for bankruptcy in the United States. Tupperware’s collapse is emblematic of the struggles faced by many legacy brands. Tupperware (TUP) […]
