Category Archive: Finance, No picture
Healthcare And Biotech Stocks Review: Q1 2024 Performance
We just had one of the best first quarters in recent market history since Q1 in 2019 when the market was up 13%. But changes In sector performance may be coming. The S&P 500 was up 10% beating the QQQ and XLK showing a slight trend toward a more balanced market performance. UnsplashThe energy sector (XLE) led the […]
Don’t Just Do Something, Sit There
The first quarter of 2024 is in the books and the US economy and markets continue to defy expectations, which coming into this year were that growth and inflation would both moderate and the Fed would be able (or forced, depending on how much things slowed) to cut interest rates 0.25% as many as six […]
Economic Data Forecasts For The Weeks Of April 1 & 8
Here are my forecasts for upcoming economic data: Forecast Prior Observation Week of April 1 April 1 PMI Manufacturing Index – March 52.5 52.5 ISM (Mfg) – March 47.8 47.8 Construction Spending – February 0.6% -0.2 […]
A Bountiful Start To The Quarter, But Traders In All Too Familiar Position To Start The Month
ASIA MARKETSAsian markets are set to commence trading on solid footing to start the new quarter, buoyed by signs of a “soft landing” in US inflation data on Friday and encouraging macro data from China over the weekend. The closely watched PMI prints showed an acceleration in both the manufacturing and service sectors.With much of […]
2024 Market Outlook: Elliott Wave Analysis Unveils Trends For Nasdaq 100, AAPL, TSLA, And Beyond
Nasdaq Stock Market Elliott Wave Analysis and Strategy: Insights on Nasdaq 100, Top-Tier Stocks Including Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), and Alphabet (GOOGL)In our Elliott Wave analysis of the Nasdaq stock market, we anticipate that indices will experience an uptrend, mirroring the positive trajectory observed […]
Current Analysis: Delek Group Ltd (DELKY)
Delek Group Ltd (DELKY) operates in the oil and natural gas exploration, development, production and marketing sector in Israel and abroad, through investees.The operating segments of the company are,1) Energy in Israel segment includes the development, production and sale of natural gas in the existing oil assets of the Partnership, and oil and natural gas […]
EUR/USD Monthly Forecast: April 2024
Image Source: UnsplashThe EUR/USD currency pair will begin April’s trading near mid-term lows as financial institutions continue to show nervous behavioral sentiment regarding the outlook of U.S Federal Reserve policy. The EUR/USD pair went into this weekend near the 1.07895 level, which will not make bullish traders happy — unless, of course, they believe current price levels […]
If Bitcoin Is The Answer, What Is The Question?
Image Source: UnsplashIn just over a decade, cryptocurrencies have grown from digital novelties to trillion dollar technologies with the potential to disrupt the global financial system. An increasing number of investors now hold Bitcoin and hundreds of other cryptocurrencies as assets.Despite their high valuations on paper, a major collapse of Bitcoin and other cryptocurrencies is likely […]
Ulta Beauty: A Beauty Products Retailer That Delivered An Attractive Quarter
Image Source: UnsplashUlta Beauty Inc. (ULTA) recently reported lovely fourth quarter results, with sales increasing 10% to $3.55 billion, net income jumping 16% to $394.4 million, and EPS up 21% to $8.08. Comparable store sales increased 2.5%, driven by a 4.5% increase in transactions and a 1.9% decrease in average ticket, highlights Ingrid Hendershot, editor of Hendershot Investments.For the full […]
Bitcoin Back At $70,000 Amid New Market Revival
Image Source: Unsplash This Week’s Summary The cryptocurrency market looks set to end the week at a total market capitalization of $2,67 trillion. Bitcoin moved up by over 7% to trade at around $70,000 again. Ethereum increased by almost 7% to trade at around $3,600. BNB moved up by 8%, Dogecoin by 19%, and Solana by 12%. Almost all […]
