Category Archive: Finance, No picture
The Stock Market’s Decline May Have Only Begun
Image Source: Unsplash Stocks dropped on April 2, 2024, as rates continued to surge following solid economic data the past few days.Video Length:00:10:12More By This Author:Interest Rates And The Dollar Soar On Hot Manufacturing Data Draining Reserves May Lead To A Turn Lower In Stocks Market Moving Data Will Be Coming All Week
Is The Gold Miners ETF Ready To Blast Off Higher?
Image Source: Unsplash Just as everyone is fawning over Bitcoin and stocks at all-time highs, Gold has quietly made all-time highs. And, just as we wrote earlier this week, that may be a good thing for Gold bulls.Today we turn our attention to the gold miners ETF (GDX) and look at a “monthly” chart.As you can see, the gold miners […]
Silver Lake To Buy Endeavor Group For $13 Billion
Image Source: Unsplash Silver Lake just announced plans of buying Endeavor Group Holdings Inc (NYSE: EDR) for $13 billion (equity value). Shares of the entertainment company were halted before the announcement. Endeavor stock valued at a 10% premium The private equity firm is willing to pay $27.50 a share for $EDR which translates to a near […]
Prepare For S&P 6000 (And Higher) In The Coming Years-Long Bull Market
Image Source: Pexels Stocks have delivered a great ride over the past year and a half.That has attracted retail investors back into the markets with a vengeance. Household equity ownership is currently near an all-time high.Does this bull market still have plenty of room left to run?And if so, what are the skeptics misunderstanding?For insight, we […]
Softs Report – Tuesday, April 2
Photo by Marianne Krohn on Unsplash COTTON General Comments: Cotton was higher yesterday, but trends are still trying to turn down on concerns about the planting intentions report released Friday morning and despite improving ideas of demand potential from China. USDA said that 10.7 million acres might get planted this year, from 10.2 million last year. It is […]
FTSE Cedes New Quarter Gains To Close In The Red
Image Source: Pexels British stocks opened the second quarter on a high note, buoyed by an increase in energy and metal mining companies. Additionally, lender HSBC saw a rise in its stock price after announcing the sale of its Canadian division. The leading sectors saw gains, with precious metal miners increasing by 2.7% as the dollar […]
Tesla Q1 Deliveries Tank 20%: ‘TSLA Could Easily Break Down From Here’
Image Source: Pexels Tesla Inc (Nasdaq: TSLA) is taking a hit at writing after reporting a 20% sequential decline in deliveries for its fourth quarter. How many vehicles did Tesla deliver in Q1? The EV giant based out of Austin, Texas delivered a total of 386,810 vehicles in Q1 – down some 8.5% versus a year ago. Quarterly […]
Navigating The Slings And Arrows Of Outrageous Fortune
Image Source: Unsplash Investing isn’t easy. After all, most fund managers fail to beat the market after factoring in their charges. Bond investing, if anything, is harder still, with a raft of jargon from linkers through hard and soft currencies to esoteric instruments such as “cocos”. So, it’s no surprise that even professional wealth managers running […]
Tesla’s Deliveries In Q1 Short Of Expectations, Stock Opens 5.2% Lower
Image Source: Pexels Tesla (Nasdaq: TSLA) released its vehicle production and delivery report for the first quarter of 2024. The reported numbers fell short of expectations, and the firm’s stock price dropped over 7% in premarket trading and finally opened at $164.60, a 5.2% drop from the previous close of $173.54. Tesla Deliveries in Q1 Fall Short of ExpectationsThe company […]
An Unusual Dynamic: Gold And Treasury Yields Rising Together
Image Source: Unsplash Gold broke another intraday record on Monday. This continues the gold bull run that has been ongoing for several weeks.But there is something else happening that’s quite unusual.Treasury bond yields are also rising.As gold was setting records on Monday, yields on the long end of the Treasury curve were also rising. The yield […]
