Key Events In EMEA Next Week Of March 11
Mar 09, 2024
Jeremy Parkinson
Finance, No picture
Next week will be relatively quiet in the EMEA region. Following strong global deflationary trends, a high reference base and a price war between large retailers, we expect Poland’s CPI to fall to 3.3% YoY in February. In the Czech Republic, we see a further fall in CPI inflation to 2.3% – well below the central bank’s 2.8% […]
Healthy Rotation, Surging Earnings Make This Market Different Than 2000
Mar 09, 2024
Jeremy Parkinson
Finance, No picture
We have gone back into the pattern of seeing corrections last only one or two days, as sharp as they may be, with investors rotating into the broad market as the tech sector gets extended, despite remaining very strong, with no sign of abating. Image Source: UnsplashNotice the top line (below), representing the S&P 500 (SPX) Index, atop the […]
Metals Report For Friday, March 8
Mar 09, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:06:07More By This Author:Financial Markets Report For Friday, March 8SPDR ETF Report For Thursday, March 7Metals Report For Thursday, March 7
Are We Listening To The Market’s Message?
Mar 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThis week’s video features chart/fact-based Q & A covering major stock market indexes, ETFs, the economy, homebuilders, regional banks, semiconductors, value stocks, energy stocks, biotech, and more. We also covered the latest model scores from Friday’s session.Video Length: 00:28:22More By This Author:Is It Time To Load Up On Small Caps? Does The Bull Market […]
Updates: CPNG, SNOW, YOU
Mar 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe Q4 and annual reports keep rolling in! Let’s take a brief look at the reports for 3 more followed stocks: Coupang, Snowflake, and Clear Secure.Coupang (CPNG)I’m feeling more and more like we bought at an opportune moment for Coupang, with the stock up 35% in just a month. Revenues were up 23% for […]
Top Stock Reports For Chevron, Verizon & Eaton
Mar 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Chevron Corp. (CVX), Verizon Communications Inc. (VZ) and Eaton Corp. plc (ETN). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. […]
Crude Oil – In A Trap
Mar 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Crude oil bounced off the nearest support area, but the way to the higher levels continues to be blocked. What’s next? Technical Picture of Crude Oil In yesterday’s article on crude oil, you could read the following: (…) Although black gold hit an intraday high of $80.67, oil bulls didn’t manage to hold gained […]
Semiconductor ETFs Hit New High
Mar 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Growing optimism about the prospects of the Fed’s interest rate cut in June has led to a stock market rally. In fact, the semiconductor sector has outperformed, with the Philadelphia Semiconductor index reaching a record high, gaining 23.7% this year.Many semiconductor ETFs also touched new 52-week highs. These are Invesco PHLX Semiconductor ETF (SOXQ – Free Report), iShares […]
Q4 Results Of Cannabis Company Verano Holdings Were Down Across The Board
Mar 08, 2024
Jeremy Parkinson
Finance, No picture
Verano Holdings Corp. This article provides Verano Holdings’ (VRNOF) Q4 financial results for the period ending December 31st, 2023. Q4 Financial Highlights (All currency numbers are in USD and compared to the previous quarter.) Revenue: DOWN 1.2% to $237.2M Gross Profit: DOWN 11.7% to $117.6M as a % of revenue: DOWN to 49.6% from 55.5% […]
There’s More To Gold’s Outlook Than Just Its Confirmed Breakout
Mar 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The key event of this week is the huge rally in gold that took it to new all-time highs.I’ll start with the long-term gold price chart. Gold price is moving to new all-time highs after breaking above the 2020 high and confirming this breakout in terms of the daily closing prices. And yet, there’s […]