Category Archive: Finance, No picture
3 Large-Cap Value Mutual Funds To Add To Your Portfolio
Image Source: Unsplash Wall Street remains volatile due to various speculations over the timeline of the benchmark interest rate cut by the central bank and the release of key economic data. After a spike in the consumer price index (CPI) in recent months, investors are eagerly waiting for the CPI data for the month of March […]
How AI-Led DAOs Will Cause An “Institutional Revolution”
Image Source: Pexels Summary: The concept of a decentralized autonomous organization, or DAO, is gaining increasing attention as both a technological innovation and a harbinger of societal change. In her book “DAOs and Purpose-Driven Tokens”, Shermin Voshmgir explains how DAOs represent an entirely new organizational model—a new “non-state actor”—that will profoundly impact the world. Bitcoin serves […]
U.S. Job Market Shows Resilience With Higher-Than-Expected Job Additions In February 2024
Image Source: Pexels The US job market exhibited notable strength in February 2024, adding 275,000 jobs, significantly surpassing the anticipated 200,000 job additions and showcasing a robust labor market dynamics.This performance marks an upward revision from January’s figure, which was corrected from an initial estimate of 353,000 jobs—the highest in a year—to 229,000 jobs, indicating continued […]
FTSE Supported As Metals Bid Supports Miners
Image Source: Pexels On Thursday, UK stocks slightly increased with support from a rise in mining and automobile shares. However, there was a sense of caution as investors awaited a significant amount of domestic and global economic data that could offer insights into the future interest rate direction. The automotive and parts sector saw significant gains, […]
Russell 2000 Earnings Dashboard 24Q1
Image Source: Unsplash Russell 2000 Aggregate Estimates and Revisions The 24Q1 Y/Y blended earnings growth estimate is -11.5%. If the energy sector is excluded, the growth rate for the index is -2.5%. Of the 18 companies in the Russell 2000 that have reported earnings to date for 24Q1, 66.7% reported above analyst expectations. The 24Q1 Y/Y blended revenue growth estimate is -1.2%. If the energy sector is excluded, the growth rate for […]
This Market Is Going Vertical
Image Source: Unsplash The market’s going vertical… like Superman late for a dinner date on Krypton. And you can guess who’s to thank… yep, our electronic pals: Wall Street’s algos.So you can’t go long as a position trader because the risk/reward is lethal. And it’s too early to go short. So where can we find opportunities […]
Everyone Expecting Rate Cuts; Are They Necessary?
Image Source: Pexels “Davidson” submits: Every firm is expecting rate cuts anticipating a recession but there is no recession in sight. The question is with so many on the same side of the ledger, “What occurs once no recession becomes apparent?” The tables below show only modest adjustments to rate cut expectations with the PMI rising […]
Chart Of The Day: IES Holdings – Undiscovered And Hitting All Time Highs
Image Source: Unsplash The Chart of the Day belongs to the electrical systems and technology stock IES Holdings (IESC). 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, and having a Trend Seeker buy signal then used the Flipchart feature to review […]
Elliott Wave Technical Forecast: Ramsay Health Care Limited
Image Source: Unsplash Unlocking ASX Trading Success: Ramsay Health Care Limited – RHC Stock Analysis & Elliott Wave Technical ForecastASX: Ramsay Health Care Limited – RHC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with Ramsay Health Care Limited – RHC. Previously in our Top 50 ASX Stocks service, we accurately […]
Two Trades To Watch: EUR/USD, Oil Forecast – Thursday, April 4
Image Source: Unsplash EUR/USD rises post-Powell & ahead of the ECB minutes Powell said the Fed will still cut this year ECB meeting minutes will be released EUR/USD rises above the 200 SMA EUR/USD is heading higher for a third straight day on U.S. dollar weakness after Federal Reserve chair Powell’s comments yesterday and ahead of […]
