Category Archive: Finance, No picture
Rates Spark: ECB Officials More Vocal About Summer Cuts
While ECB speakers cement their expectations of rate cuts and stress their independence, US data shows a more blurry picture. Post CPI and PPI pop, even if market rates find an excuse from Friday’s data for the US 10yr to remain below 4.3%, the pressure can build in subsequent weeks for another attack on the […]
Adidas – First Loss Reported In Three Decades
Image Source: UnsplashSince Ecco is the only brand I wear, plus I’ve never jogged a single mile in my life, I’m not that hip to what the cool brands are for shoes. It seems, however, that Adidas (ADDYY) has fallen out of favor. Back when I was a kid, it was a widely-stated “fact” that the […]
SP500 & Nasdaq 100 Insights: Optimize Trades With Elliott Wave Analysis
Image Source: Unsplash Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical AnalysisUpdate on Elliott Wave Analysis: A favorable Core PPI bodes well for the USD, leading to higher yields, lower bonds, and a stronger dollar which impacts various stocks either positively or negatively. Despite this, indices […]
Nasdaq 100 And S&P 500 Elliott Wave Update
Image Source: Unsplash Another very volatile day trading within the NQ and ES. I’ve updated the charts and included necessary changes or additions to the Fibonacci levels. Friday is a “triple witching” expiration and is likely to add a higher level of intraday volatility within the NQ and ES. I would favor a higher close for […]
Applying Volume Price Analysis To Nvidia And Apple
Image Source: Unsplash David and I are putting together a series of videos on YouTube on VPA concepts and setups and how to apply them to the charts. In this first video, we focus on Nvidia (NVDA) and Apple (AAPL), looking at the daily and one-minute charts, respectively. This video also highlights how we can apply […]
Adobe Stock Tanks 10% As Q1 Earnings Beat But Guidance Disappoints
Image Source: Unsplash Adobe Inc (Nasdaq: ADBE) is trading down in extended hours on Thursday even though it reported upbeat financial results for its first quarter. Adobe stock down on muted guidance The stock is taking a hit because $ADBE failed to impress with its future guidance. The software giant now forecasts revenue to fall between […]
Cannabis MSO, Ayr Wellness, Reports Q4 Increase In Net Loss Of 53%
Image Source: Unsplash AYR Wellness Inc. (AYRWF), a constituent in the munKNEE American Cannabis MSO Stocks Index, reported financial results for the fourth quarter ended December 31, 2023 today. Unless otherwise noted, all results are presented in U.S. dollars. Fourth Quarter Financial Summary (excludes results from AZ for all periods) ($ in millions, excl. margin items) […]
Oil Situation Stable… Despite The Headlines
Image Source: Unsplash Just turn off the news……“Davidson” submits:Each week crude inventory reports are met with salacious headlines. It did take me a period to understand first that this was not a true response to data being misinterpreted because I believed analysts expressed their true beliefs. Later on, after much studying the data vs headlines, I […]
5 Strong Buy Stocks Hitting 52-Week Highs
Image Source: Unsplash Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds, and ETFs and how it impacts your life.This week, Tracey is going solo to discuss top Zacks-ranked stocks which are also trading near their 52-week highs. These are top stocks […]
3 Financial Mutual Funds To Buy As Inflation Stays Elevated
Image Source: Unsplash Wall Street continues to give investors positive returns so far this year. However, rising inflation and a strong labor market are key concerns for investors. The rising Consumer Price Index (CPI) implies that there may be further delay in interest rate reduction by the central bank. However, the key indexes, the Dow, the […]
