Category Archive: Finance, No picture
Retail Earnings Loom: What To Expect
Image Source: Unsplash Walmart (WMT – Free Report) shares held their own in last month’s market weakness, cementing its anchoring and defensive positioning, particularly relative to Target (TGT – Free Report) and Home Depot (HD – Free Report).From the market’s March 28th peak through the end of April 2024, the S&P 500 index lost -3.8% of its value, while Walmart was down only […]
The 10 Worst Performing S&P 500 Stocks In 2023 – Are They Good Investments Now?
Image Source: Unsplash You will find it very difficult to find good value in stocks in a bull market like we’ve had since 2008. As Warren Buffett says – “You cannot invest in what’s popular and expect to do well.”In this video, we are going to look at the 10 worst-performing S&P 500 stocks in 2023. […]
What Is Fiat Money And Why Is It A Problem?
Image Source: Unsplash If you follow alternative financial media, you’ll often hear dollars derisively referred to as “fiat currency”. What exactly does this term mean and why is it often used as a slur?Investopedia defines fiat money as a government-issued currency not backed by a physical commodity such as gold or silver.So, what is fiat backed […]
Michigan Says We’re Miserable
Image Source: Pexels US equity markets were cruising along this morning, biding their time at modestly higher levels, and positioning themselves for yet another Friday afternoon rally fueled by expiring weekly options. Then we received an unpleasant surprise from Ann Arbor at 10 am EDT. We’re of course referring to the University of Michigan reports, and frankly, […]
3 Funds To Buy On Rebounding Semiconductor Sales
Image Source: Unsplash The struggles for the semiconductor industry appear to be slowly coming to an end. Easing price pressures is helping demand for semiconductors rebound after a tough 2023. Also, optimism surrounding artificial intelligence (AI) is triggering demand for chips.The Semiconductor Industry Association (SIA) reported that global semiconductor sales totaled $137.7 billion in the first […]
AI And The Utes
Image Source: Unsplash The bulls have had quite a run, haven’t they? My thesis for a Q1 peak came to fruition. My thesis for a Q2 low came to fruition. I think my thesis for all-time highs in Q3 will come to fruition, but that may be happily earlier than I expected as the Dow Industrials, […]
IBIT And FBTC Smash ETFs Record Of Days To $10 Billion In Assets
Image Source: Unsplash Bitcoin could be struggling for momentum since dipping from its all-time high reached in March.However, what has not struggled are the top two spot Bitcoin ETFs – BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC).According to Eric Balchunas, a senior ETF analyst at Bloomberg, IBIT and FBTC are the fastest exchange-traded funds […]
Big U.S. Stocks’ Q1’24 Fundamentals
Image Source: Pexels The big US stocks dominating markets and investors’ portfolios continue to thrive. They are finishing up another earnings season covering a record-breaking quarter, reporting some fantastic results. Still, these fat underlying profits are growing far slower than major companies’ soaring stock prices. That has forced valuations deeper into dangerous bubble territory, fueling mounting […]
Wells Fargo holds Bitcoin spot ETF investments, SEC filings show
Wells Fargo, the third-largest bank in the US by asset size, has disclosed its investment in Bitcoin exchange-traded funds (ETFs) through its latest Securities and Exchange Commission (SEC) filings. The SEC 13F filings, released today, reveal that Wells Fargo has invested in the Grayscale Bitcoin Trust (GBTC), which was converted into a spot Bitcoin ETF […]
May WASDE – World Is Watching. The Corn & Ethanol Report
We kicked off the day with Fed Bowman Speech at 8:00 A.M., Michigan Consumer Sentiment Prel, Fed Kashkari Speech, Michigan 5-Year Inflation Expectations Prel, Michigan Consumer Expectations Prel, Michigan Current Conditions, and Michigan Inflation Expectations at 9:00 A.M., May Crop Production, USDA Supply/Demand, and WASDE at 11:00 A.M., Fed Goolsbee Speech at 11:45 A.M., Baker […]
