Category Archive: Finance, No picture
The Nasdaq As A Sneaky Predictor Of 2024: An Exclusive Interview
Image Source: DepositPhotosEveryone has opinions about what the market will do in 2024 – and where to look for the signs. But, for David Buckham (author of The End of Money, Why Banks Fail and The Age of Menace) answers can be found in a surprising place: the Nasdaq.The Nasdaq index can even provide some surprising clues as to […]
US Fall Exports Dip, But December Stocks May Slip On Lower 2023 Crop
Image Source: Unsplash Market AnalysisA second year of drought in Argentina, tight US feedgrain supplies boosting US corn plantings to their highest level since 2013 & the central US experiencing dryness in May & June which returned in August & September combined to tighten US protein supplies in 2023/24. This year’s smaller output & Brazil’s erratic […]
Crude Oil Signal: Trades In A Range
At the end of the day, the crude oil markets face resistance barriers and support levels that have influenced their recent trading behaviors. WTI Crude (US Oil)The crude oil market made an initial attempt to rally during Thursday’s trading session but encountered resistance. This resistance is attributed to several factors, including concerns surrounding the upcoming jobs […]
The UK Economy Shows Resilience To High Interest Rates
Image Source: Pixabay As of Thursday’s stock market close, the Dow Jones (US30) index added 0.03%, while the S&P 500 (US500) index fell by 0.34% yesterday. The Nasdaq Technology Index (US100) closed at a negative 0.56% on Thursday. Interest rate-sensitive technology stocks came under pressure yesterday after better-than-expected US labor market reports pushed bond yields up and lowered expectations for a Fed interest […]
Southern Company Dividend Stock Analysis
Image Source: Unsplash Linked here is a detailed quantitative analysis of Southern Company (SO). Below are some highlights from the above-linked analysis:Company Description: Southern Company is an Atlanta-based energy holding company and is one of the largest producers of electricity in the U.S.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four […]
2024 Is Likely To Be A Volatile Year Due To The Debt Wall
The year 2024 begins with a return to volatility. The VIX rises by +10% in the first few hours of trading, and technology stock volatility reaches its October peak in a very short space of time:However, this rise in volatility is far less significant than the turbulence we experienced during the previous banking crisis of […]
Macro: S&P Global US Services PMI – Strengthens
Personal consumption of services is 45% of US GDP. Employment is strong and the service sector continues to be strong. S&P Global PMI report came in at an expansionary 51.4. Output rose for the 3rd straight month and at the sharpest rate since July. New orders rose at the fastest rate since June. This translated […]
Bitcoin Forecast: Stands Firm Despite Recent Selloff
In the recent trading session on Thursday, Bitcoin exhibited a rather stagnant performance, with minimal activity. It currently maintains a position above the 20-day Exponential Moving Average. If it were to break below this EMA, there is the possibility of a decline towards the 40,000 level. It’s worth noting that the 40,000 level coincides with […]
Busy Friday Calendar To Close Out Ominous Week
Image source: Pixabay We’ve seen a consistent flow of price action all week. Unfortunately, that flow has been risk-off, with stocks on the decline and the US Dollar coming back into favor. Friday’s economic calendar is stacked with first-tier risk.Video Length: 00:01:07More By This Author:Digesting The Latest Fed Minutes Fed Minutes Preview – Wednesday, Jan. 3The […]
FX Daily: Soft Landings Playbook
Image Source: Unsplash The soft landing playbook could see a temporary reversal today where the December US jobs report comes in on the strong side. The market seems to have gotten a little ahead of itself in pricing the speed and magnitude of 2024 rate cuts. A further backup in short-term rates should be mildly dollar-positive […]
