Category Archive: Finance, No picture
The Dollar Is In A Secular Bear Market
Image Source: PexelsIn this short video, I discuss the recent movements seen in the US dollar. I also take a quick look at some other major currencies.00:07:26More By This Author:Gold: Is It Time To Be Bold?The Power Of Regression10,000 Was A Piece Of A Cake
Verizon Communications Inc: Is It A Buy?
Image Source: PexelsAs part of an ongoing series, we will take a closer look at one of the stocks from our stock screeners and briefly review why it’s a ‘buy’ based on key fundamentals. One of the cheapest stocks in our screens is Verizon. Verizon Communications Inc. (VZ) Wireless services account for about 70% of Verizon Communications’ total service revenue and nearly […]
Weekly Technical Update: S&P 500 – Sunday, Sept. 8
Image Source: UnsplashIn this video, I review the recent price action in the S&P 500, as the levels given on Friday produced several entry points for trading.00:19:34More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Sept 4Weekly Technical Update: S&P 500 – Sunday, Sept. 1Weekly Technical Update: Nasdaq 100 – Sunday, Sept. 1
Economic Data Forecasts For The Weeks Of Sept 9 & 16
Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of September 9 September 9 Wholesale Inventories – July 0.3% 0.3 Consumer Credit – July $12.0B 8.9 September 10 NFIB Small Business Optimisim […]
7 Largest Companies – Saturday, Sept. 7
Image Source: PexelsHere is a brief look at the 7 largest companies by market capitalization as of Saturday, Sept. 7, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Apple (AAPL) has a market cap of $3.39 trillion, with year-to-date gains of +14.7% Microsoft (MSFT) has a market cap of $2.99 trillion, with […]
Our 6-Part Computer Chips Portfolio Was Down 2% In August
There are 6 segments involved in the design, material supply, fabrication, testing, packaging, and distribution of semiconductor devices such as microprocessors, memory chips, and sensors involving multiple companies, each with their own specialized contributions.Our Computer Chips PortfolioThe 27 pure-play stocks involved in the 6 segments are presented below: Pure-Play Custom Design Software Stocks Given that […]
Little 5 Sporting Goods
Big Five Sporting Goods (BGFV) is no longer worthy of its name, its stock price having been harpooned more than 95% from its 2021 high. The sporting goods retailer of 425 stores trades for just $40 million, or about $94,000 per store. But the company’s inventory averages $680,000 per store, so this is worth a […]
Tether uses gold to back new synthetic dollar as gold is less volatile than Bitcoin, says Paolo Ardoino
Key Takeaways Tether’s new gold-backed digital asset aims to enhance user confidence with blockchain technology. Tether’s CEO sees the US election as pivotal for the future of the crypto industry. Share this article One of the reasons Tether has chosen gold to back its new synthetic dollar, aUSDT, is its relative stability compared to Bitcoin, […]
These AI-Related Stocks Were Down +10% Week Ending September 6
IntroductionTech stocks plummeted this week after the ISM manufacturing index reported August figures that came in below consensus expectations raising fears about the strength of the economy and increasing chances that the Federal Reserve will cut interest rates.Below is a list of those AI and AI-related stocks we monitor in our 12 portfolios that declined 10% or more, in descending order, w/e […]
USD/JPY Price Forecast: Downtrend Resumed, Boosted By US Yields Falling
Image Source: Unsplash The downtrend in the USD/JPY pair continued, as downward momentum accelerated after volatility from the US Nonfarm Payrolls data. Key support levels include 142.50, 142.00, and Friday’s low of 141.77, with further downside likely if these figures are breached in the coming days. Resistance stood at the 143.44 level, with higher targets seen at the 144.49 (Tenkan-Sen) and […]
