Category Archive: Finance, No picture
We Got More Signs Of A Weakening Economy – Here’s How To Play It
Image Source: UnsplashData-focused investors and traders sat down to some of the softest hiring growth data in nearly four years today… and they reacted accordingly, sending stocks mostly lower.Weak jobs data adds up to a weak consumer finance sector. At the same time, as the numbers get worse, we’re seeing some consumers tighten their belts, which […]
Dividend Histories Help
Image Source: PexelsIn yesterday’s Chart of the Day, we discussed how rotational this month’s declines have been. Additionally, there is one other factor at play. In the chart below, we’ve performed a decile analysis of the Russell 1,000 to see how stocks have done this month based on their dividend yields. The stocks in the deciles to the left of […]
Small Businesses Reducing Workers For The Last Four Months
Image Source: UnsplashADP data shows small businesses with 1-49 workers have been reducing workers for four months. Those with 20-49 workers have shed workers for 7 straight months.The ADP Employment Report shows the economy added 99,000 jobs in August. That is a considerable slowdown.Importantly, a breakdown of jobs by firm size shows small businesses have shed jobs for […]
Going Cashless: Benefits And Costs
Image Source: PexelsThere was a time, not all that long ago, when the primary options for making everyday payments were cash and checks. Those times are past. Julian Morris and Ben Sperry discuss the tradeoffs and consequences in “The Cost of Payments: A Review,” (International Center for Law & Economics Working Paper, August 28, 2024). They begin […]
Jobless Claims: All Good News
Image Source: PexelsThe weekly news from jobless claims continues to be good. The hypotheses that the summer increase was unresolved post-pandemic seasonality, plus the several week spike post-Beryl was all about Texas, both have held up very well. And that has continued to be the case against more challenging YoY comparisons as the data heads into […]
ISM Services Index Up Slightly But Employment Weakens To Nearly Flat
Image Source: UnsplashThe ISM services index was essentially unchanged but production and employment weakened with new orders rising.ISM chart and excerpts below by permission from the Institute for Supply Management® ISM®Please consider the August 2024 ISM® Services Report On Business® emphasis mine. Economic activity in the services sector expanded for the second consecutive month in August, say the nation’s […]
Stocks Struggle Ahead Of Key US Data Releases
Image Source: UnsplashDespite the noticeable drop in Nvidia-driven tech stocks this week, the major US indices remain not too far from their all-time highs hit in July. September is not usually a good month for the markets anyway, but so far there are no concrete signals that a major correction is upon us. That could change, […]
The Second Wave Of Selling On The Stock Market Has Begun
Image Source: UnsplashThe stock markets have been on quite a rollercoaster ride over the last six weeks. While the recovery after the low at the beginning of August was already underway, we discussed the idea of a second wave of selling in Pretiorates’ Thoughts 45. Sell-offs that come with a heavy dose of panic are almost always […]
GameSquare Surges Towards Profitability After FaZe Clan Acquisition
GameSquare Holdings (GAME) is making waves in the Esports and gaming media sectors. With the acquisition of FaZe Clan (formerly traded under FAZE) and several new strategic partnerships, the company is positioning itself as a key player in the rapidly growing Esports and digital entertainment space. On August 20th, GameSquare’s CEO, Justin Kenna, joined a […]
Aflac – Strong Technical Indicators With 100% Buy Signals
Image Source: Pexels Aflac (AFL) shows strong technical indicators with 100% buy signals, a 47.77% gain in the last year, and a Trend Seeker buy signal. The company operates through Aflac Japan and Aflac U.S., offering various supplemental health and life insurance products. Fundamental factors include a market cap of $61.98 billion, a P/E of 16.77, […]
