Category Archive: Finance, No picture
A Stunning Chart Ahead Of Friday’s Job Report
Image Source: PexelsBuried deep inside today’s JOLTs report was some data that is simply stunning, and suggests that Friday’s jobs report – now that the data goalseeking and manipulation is largely over with the near-record downward jobs revision in the books – could be a disaster.We are referring to the historic collapse in construction job openings, which have tumbled […]
Is The Market Over The Hump?
Yesterday, we talked about exercising caution when trading on adages.Plus, we warned you to be careful not to become too extreme in sentiment.Then, I pointed out how the “inside” sectors were outperforming and perhaps suggesting things aren’t as bad in September as the media wants you to believe.The first chart is SPY or S&P 500.A […]
Intel Faces Potential Customer Backlash Over Manufacturing Quality: How Bad Is It?
Image Source: Pexels Broadcom has reportedly rejected Intel’s 18A manufacturing process, delaying high-volume production plans. Intel’s chip quality issues with Broadcom could jeopardize major future deals with tech giants. A mid-September meeting is likely to determine the future path for the chip maker. Intel’s (INTC) problems continue to worsen with each passing day. After losing technology […]
Another Hot Month, Another Fresh Record
Image Source: UnsplashSummer is coming to a close, but the weather is not the only thing that remains hot. The stock market has been scorching hot as well. Both the S&P 500 and Dow Jones Industrial Average blazed to all-time record highs last month. In fact, both of these indexes have risen seven out of eight […]
Recession Warning In Wine, Watches, Art And Yields
Image Source: UnsplashFine wine prices have tumbled back to the pandemic lows of 2020 due to falling consumption, globally. Fine wine prices are decreasing sharply amid rising inventories and low demand for some of the most expensive wine #MacroEdge pic.twitter.com/qzuVSh3ixd — MacroEdge (@MacroEdgeRes) September 3, 2024 Are consumers struggling financially or realizing that alcohol is toxic […]
Stocks To Watch Today: Dollar Tree And SMCI
Image Source: PexelsIn a volatile trading day, two notable stocks are drawing investor attention for contrasting reasons. Dollar Tree (DLTR) faces a steep decline following disappointing earnings, while Super Micro Computer (SMCI) grapples with a downgrade from Barclays. Both companies are experiencing significant price movements that underscore broader market trends and sector-specific challenges. Dollar Tree Inc. […]
Interest Rates Unchanged In Poland With Cuts Expected In 2025
Image Source: PexelsThe Monetary Policy Council did not change interest rates today and the post-meeting statement does not suggest an easing of its policy stance. We expect interest rates to be cut by a total of 100bp in 2025 following the peak in inflation and easing policies from global central banks.As expected by all analysts surveyed, […]
CFTC charges Uniswap Labs for illegal crypto derivatives trading, imposes $175,000 penalty
Key Takeaways CFTC fined Uniswap Labs $175,000 for illegally offering crypto derivatives trading. Uniswap Labs’ leveraged tokens were deemed unauthorized commodity transactions by the CFTC. Share this article The US Commodity Futures Trading Commission (CFTC) has issued an order against Uniswap Labs for allegedly illegally offering crypto derivatives through tokens equivalent to leveraged positions. According […]
Dollar Tree Reports Worse Than Expected Q2, EPS Down 31.9% Y/Y
Image Source: PexelsDollar Tree, Inc. (DLTR) reported its financial results for the second quarter of fiscal 2024, ending August 3, 2024. The company saw a modest increase in consolidated net sales, which rose by 0.7% to $7.37 billion compared to the same period in fiscal 2023. Same-store net sales for the enterprise also grew by 0.7%, driven […]
Volkswagen’s Choice: Fire Union Workers And Cut Costs, Or Go Bankrupt
Image Source: UnsplashThe unions and government leaders are howling but what must be done will be done. Big Outcry Over ClosuresDW reports VW’s Warning on Plant Closures in Germany Causes Outcry. Volkswagen’s (VLKAF) announcement on Monday (September 2) that it is considering closing factories in Germany is unprecedented in the German automaker’s 87-year history. Such plant closures were […]
