Category Archive: Finance, No picture
Chart Of The Day: SkyWest – Flying High To An All Time High
Image Source: Unsplash 100% technical buy signals 6 new highs and up 6.32% in the last month 149.81+ Weighted Alpha The Chart of the Day belongs to the regional airline SkyWest (SKYW). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Tue, April 23
Image Source: Unsplash The volatility trade remains engaged on Tuesday. Both the NQ & ES pushed higher and pushing resistance higher and supply initial evidence of the possibility of the indexes moving to new ATH’s before the next cycle trough hits. I update both Preferred counts. I review the Fibonacci levels for both counts.Video Length: 00:19:19More […]
Rates Spark: The Stakes Get Raised
The return of risk-on opens further upside to yields, although US data Tuesday was weak, and demand at the 2yr auction very strong. The eurozone PMIs paint a more upbeat growth picture and with rate cuts beyond June still uncertain, we may see increased focus on growth going forward. Still a keen focus on the US PCE deflator […]
Visa Blows Past Expectations In Its Fiscal Q2
Image Source: Unsplash Visa Inc (NYSE: V) is trading up in extended hours on Tuesday after reporting market-beating financial results for its second quarter. Here’s what Visa expects for fiscal 2024 Investors are cheering also because the management issues upbeat guidance for the future. Visa now forecasts low-teens and low-double-digit growth in its earnings and revenue […]
Earnings Deliver In Spades
Image Source: Pexels MARKETStocks ripped higher for a second consecutive day on Tuesday, buoyed by robust corporate earnings that helped alleviate fears surrounding higher for longer evolving narrative.A more positive trend emerged, fuelled by robust earnings reports. This uptick reflects investor confidence in the resilience of corporate America amid challenging economic conditions. As companies deliver strong […]
Tesla Soars: Misses Across The Board, But Is “Accelerating” Rollout Of “More Affordable Models”
↵Image Source: Pexels As previewed earlier, today’s TSLA print is likely to be ugly: the company is the only Mag7 member expected to reported negative earnings growth… … as a result of anemic Q1 sales, where the (growing) delta between production and deliveries was 46,000+ cars. Since then, CEO Elon Musk has doubled down on his robotaxi […]
Citigroup Inc Chart Analysis
Image Source: Unsplash Bob Lang gives a technical analysis of the stock chart for C.Video Length: 00:02:19More By This Author:3 Ways To Reduce Volatility In A Portfolio Volatility Index Chart Analysis How To Protect Your Portfolio During A Market Correction
Here’s What Wall St. Experts Are Saying About Boeing Ahead Of Earnings
Image Source: Unsplash Boeing (BA) is expected to report results on its fiscal first quarter on Wednesday, April 24, with a conference call scheduled for 10:30 am EDT. What to watch for: SPIRIT ACQUISITION TALKS: On March 1, Boeing issued the following statement: “We have been working closely with Spirit AeroSystems (SPR) and its leadership to strengthen the quality of the […]
Semiconductor Stocks Tanked Last Week Led By Nvidia’s 13.6% Decline
Image Source: Unsplash An Introduction A sharp selloff engulfed the semiconductor sector last week with all 15 stocks in our munKNEE Semiconductor Portfolio going down 10.3%, on average, with its constituents declining anywhere from -7.7% (KLAC) to -13.6% (NVDA). It was all initiated last Friday by Super Micro Computer (SMCI) which stirred unrest when it withheld […]
Venture capital firm reports 109% net growth Q1 boosted by meme coins
Venture capital firm Stratos announced a 109% net return for its liquid token fund in the first quarter, attributing the substantial gains to its investments in Solana, Nosana, and the meme coin Dogwifhat (WIF), which alone provided a 300-fold return. The total net value is over 25 times when compared to its second early-stage venture […]
