Category Archive: Finance, No picture
Peek Into Future Through Futures, Hedge Funds Positions, Via CoT
Following futures positions of non-commercials are as of January 2, 2024.10-year note: Currently net short 832.7k, up 27.7k.Amidst signs that the 10-year treasury yield is ready for a reflex rally, non-commercials’ net shorts in 10-year note futures went up another 3.4 percent this week to 832,663 contracts, which is merely 2.1 percent from the all-time […]
Stifel: ‘Party Is Just Getting Started’ In This Stock That’s Up 80% Elanco stock could climb another 27% Elanco will accelerate revenue growth into 2025
Elanco Animal Health Inc (NYSE: ELAN) has already gained a whopping 80% over the past two months but a Stifel analyst is convinced that the “party is just getting started”.Elanco stock could climb another 27%Stifel’s Jonathan Block told clients in a research note today that valuation setup in Elanco stock is “compelling” versus its peers Zoetis and […]
Europe’s Gas Storage Surplus Fuels Industrial Expansion
Image Source: DepositPhotosIn the winter of 2023/24, Europe finds itself in a unique energy situation – a surplus of gas storage that promises to transform the continent’s industrial landscape. With temperatures across the United Kingdom and EU that are surprisingly mild, gas storage inventories have soared, reaching a seasonal record of 996 terawatt-hours (TWh) on Dec. 31, […]
CPI Report And Treasury Auctions May Rattle The Market
Image Source: DepositPhotosThis week will feature a 3, 10, and 30-year Treasury auction and the December CPI report. Meanwhile, Treasury rates look poised to go higher, and that could add to the stock market’s recent decline.Video Length: 00:15:52 More By This Author:Job Report Shocker Feels Likes Stagflation Not Too Hot, Not Too Cold, The Jobs Report […]
Netflix Is Reportedly Exploring Ideas To Boost Gaming Revenue
Image Source: DepositPhotosNetflix Inc (NFLX) is reportedly exploring ideas to boost its revenue from videogames. Its shares are currently up close to 40% since their low in October. Netflix is committed to gaming for the long termThe mass media giant first made a push into videogames in 2021 to offer an additional, free perk aimed at keeping subscribers […]
Low-Risk ETFs To Consider Amid The Market Turmoil
The start of 2024 has been turbulent for the U.S. stock market, with the three major indices experiencing notable declines. The S&P 500 Index logged its fourth consecutive day of declines — the longest losing streak in over two months — while the Nasdaq Composite Index was down for the fifth consecutive session — its […]
Booking Vs. Airbnb: Which Is The Better Travel Stock?
Airbnb (ABNB) and Booking Holdings (BKNG) are some of biggest travel companies in the world with a market cap of $87 billion and $118 billion, respectively. The two firms have done quite well in the past two years, helped by the strong recovery of the travel industry. Airbnb stock jumped by 55% in the past 12 months […]
USD/JPY Churns Near 145.00 In Post-NFP Turbulence, Set To End Friday Where It Started
The USD/JPY spiked to a near-term high at the 146.00 handle early Friday in the broad-market run-up to the US Nonfarm Payrolls release, which surged above market forecasts and sent the US Dollar (USD) back down against the Japanese Yen (JPY) as markets weighed odds of Federal Reserve (Fed) rate cuts in the face of a still-firm […]
The Dollar Index Starts This Year Positively Above 102.50
Dollar index chart analysisSince the beginning of the year, the dollar index has been in a bullish trend with the formation of a high at the 102.80 level. On Wednesday, we stopped the previous bullish impulse at 102.70, after which the dollar returned to 102.20. Then, we got the support that made a break above the 102.50 […]
ETF Weekend Review One
Image Source: DepositPhotosWe’re going to do a relatively regular review of the 30 ETFs in my ETF list and as usual I’ve going to break these up into two equal halves.Video Length: 00:07:38More By This Author:Reaction to Jobs Report Pattern Recognition Darling Instruments: A Short Idea Gaining Momentum
