Category Archive: Finance, No picture
Pinterest Is A Unique And Different “Social Network”
Image Source: Unsplash Ideas and inspiration are the catalyst for almost all of life’s big events.Whether it is planning a wedding, an epic family vacation, a long-dreamed-out kitchen remodel, or even something as simple as a new outfit, ideas are a critical first step towards making them a reality.And there is no better place on all […]
Softs Report – Tuesday, March 12
Photo by Trisha Downing on Unsplash COTTON General Comments: Cotton closed a little higher yesterday in recovery trading and on the changes made by USDA in its WASDE updates on Friday. USDA cut domestic production and increased demand for reduced ending stocks estimates. It also increased demand from India and China in the world estimates. It is too […]
Navigating The New Realities Of U.S. Tech In China
Image Source: Unsplash U.S. tech giants face steep declines in China amid a surge in nationalism and domestic competition. Apple and Tesla, among others, experience significant sales drops, highlighting broader challenges. With China’s push for tech self-reliance, American companies must adapt to maintain a foothold. For decades, China stood as the beacon of untapped potential […]
Student Loan Forgiveness Is Robbing Peter To Pay Paul
With President Biden’s Saving on a Valuable Education (SAVE) plan set to extend more student loan relief to borrowers this summer, the federal government is pretending it can wave a magic wand to make debts disappear. But the truth of student debt “relief” is that they’re simply shifting the burden to everyone else, robbing Peter […]
Should You Buy Dick’s Sporting Goods Ahead Of Earnings?
Image Source: Unsplash Investors are always looking for stocks that are poised to beat at earnings season and Dick’s Sporting Goods, Inc. (DKS – Free Report) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because DICK’S Sporting Goods is seeing favorable earnings estimate revision […]
Elliott Wave Technical Analysis: Exxon Mobil Corp. – Tuesday, March 12
Image Source: Unsplash XOM Elliott Wave Analysis Trading Lounge Daily Chart, 12 March 2024Exxon Mobil Corp., (XOM) Daily ChartXOM Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 1 of (5).DIRECTION: Five waves up into wave 1. DETAILS: We have seen a long lasting correction in what could be wave (4), and we have now found support […]
FTSE 100 Commentary – Tuesday, March 12
Image Source: Unsplash FTSE Breaking OutThe FTSE is breaking higher today on the back of the latest UK economic data released this morning. The ONS reported that in the three months to January, UK wage growth slowed to 5.6% from 5.8% prior, this marks the lowest level of earnings increases since October 2022. Additionally, the unemployment […]
Kohl’s Q4 EPS Of $1.67 Surpasses Expectations, Demonstrating Strong Cost Management
Image Source: Unsplash In the final quarter of fiscal year 2023, Kohl’s Corporation (NYSE: KSS) experienced a notable shift in its financial landscape. The quarter witnessed a slight decline in net sales by 1.1%, settling at $5.7 billion, and a more pronounced decrease in comparable sales by 4.3%.Despite these challenges, the company posted a diluted earnings per share […]
Elliott Wave Technical Analysis: Cocoa – Tuesday, March 12
Photo by Rodrigo Flores on Unsplash Cocoa Elliott Wave Analysis – breaks into a new all-time highCocoa, in its recent movements, has broken above its previous all-time high at 6696, surging to a new peak at 6789. This upward trajectory suggests a continuation of its bullish momentum. The question that arises is: how much further […]
Coinbase takes legal action against SEC in push for crypto regulation clarity
Coinbase announced on Monday the filing of its opening brief with the US Court of Appeals for the Third Circuit, an appeal that challenges the US Securities Exchange and Commission (SEC) over its refusal to provide clear guidelines for the crypto industry, as revealed by Coinbase’s chief legal officer, Paul Grewal, in a post on […]
