Category Archive: Finance, No picture
Stocks, Gold, & Crypto Soar In Q1 Despite Rout In Rate-Cut Expectations
Image Source: UnsplashQ1 macro was characterized by a vast divergence between ‘soft’ surveys crashing as ‘hard’ data drifting higher…Source: BloombergThe strong ‘hard’ data – and sticky inflation – along with endless jawboning, drove rate-hike expectations drastically lower in Q1. 2024 expectations for The Fed crashed from almost seven cuts to less than three…Source: Bloomberg…and stocks did not even […]
Stock Market Bubble Expert Warns “Things Could Get Bloody Fast”
Image Source: Unsplash Animal spirits have certainly been running wild in the stock market of late.The S&P is up over 1,000 points (roughly 25%) in the past 4.5 months.Is this a new era of easy gains as giddy bulls are proclaiming? One investor should jump in and make the most of?Or is this the latest incarnation […]
Today’s USDA Planting Intentions And Quarterly Stocks Reports And Their Impact On Prices
Image Source: Unsplash The US producers always seem to throw a curve into the Planting intentions each year. They reported to the USDA on today’s survey that they intend to drop their overall feed grain plantings by 6.18 million acres with 4.6 million acres of the total coming from corn. This dramatic yearly change has swept […]
Profits Are Still Rising, Why Is The Fed Worried About Wage Growth?
Image Source: Pexels I was more than a bit surprised to see the profit data this morning. I really did believe that the profit surge during the pandemic was a one-off, associated with supply-chain issues.We can argue about how much of this increase was a predictable story, where profits rise due to shortages, and how much […]
Five Straight
Image Source: Unsplash Barring a 2% sell-off in the final hour of trading today, the S&P 500 will end March with a gain of more than 1%, making it the 5th straight month with 1%+ gains. Since WW2, there have only been twelve prior five-month streaks like this, and they’re shown in the table below. Next […]
Russell 2000 Earnings Dashboard 23Q4 – Thur., March 28
Image Source: Unsplash Russell 2000 Aggregate Estimates and Revisions The 23Q4 Y/Y blended earnings growth estimate is -18.9%. If the energy sector is excluded, the growth rate for the index is -14.1%. Of the 1,744 companies in the Russell 2000 that have reported earnings to date for 23Q4, 54.8% reported above analyst expectations. The 23Q4 Y/Y blended revenue growth estimate is -1.4%. If the energy sector is excluded, the growth rate for […]
S&P 500 Earnings Dashboard 23Q4 – Thursday, March 28
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions The 23Q4 Y/Y blended earnings growth estimate is 10.1%. If the energy sector is excluded, the growth rate for the index is 13.7%. Of the 498 companies in the S&P 500 that have reported earnings to date for 23Q4, 76.3% reported above analyst expectations. This compares to a long-term average of 66%. The 23Q4 Y/Y blended revenue growth estimate is 3.7%. If the […]
Grains Report – Thursday, March 28
Photo by Evi Radauscher on Unsplash DJ U.S. Export Sales: Weekly Sales Totals-Mar 28 For the week ended Mar 21, in thousand metric tons, except cotton in thousand running bales. Net changes in commitments are gross sales, less cancellations, buy-backs and other downward adjustments. Total commitments are total export shipments plus total sales. The marketing year for wheat and […]
Stock Analysis & Elliott Wave Technical Forecast: ASX: WiseTech Global Ltd
Image Source: Unsplash Unlocking ASX Trading Success: WISETECH GLOBAL LIMITED – WTC Stock Analysis & Elliott Wave Technical ForecastASX: WISETECH GLOBAL LIMITED – WTC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WISETECH GLOBAL LIMITED – WTC. We have identified a potential opportunity with wave (v)-purple, but first, we […]
Elliott Wave Technical Analysis: Australian Dollar/Japanese Yen – Thursday, March 28
Image Source: Unsplash AUDJPY Elliott Wave Analysis Trading Lounge Day Chart, Australian Dollar / Japanese Yen (AUDJPY) Day Chart AUDJPY Elliott Wave Technical AnalysisFUNCTION: Counter Trend MODE: impulsive STRUCTURE: blue wave 1 POSITION: Black wave […]
