Category Archive: Finance, No picture
5 Dividend ETFs That Beat S&P 500 In 2023
Image Source: PixabayWhile the stock market recorded an incredible rally in 2023, exceeding all expectations, there were valid reasons to approach the market bulls with caution. The worries over the continuation of the AI boom, global growth slowdown, and still-present inflationary pressure triggered concerns in some investors’ minds about market bubbles.There were concerns among analysts that […]
2024 Starts With Bitcoin Breakout, Crude Collapse, Mega-Cap Meltdown
Image Source: UnsplashWeaker-than-expected construction spending data and a dismal (final) Manufacturing PMI print for December suggested 2024 is not off to the ‘goldilocks’ start so many hoped for.However, despite the ‘weak’ data, Treasury yields were higher and the dollar stronger.Treasury yields were up across the board with the short-end underperforming (2Y +9bps, 30Y +5bps). Yields gapped higher […]
Rates Spark: Enough To Hold Rates Down
Image Source: PixabayThe US 10yr yield remains below 4%. However, that’s not been validated by the data as of yet. Friday’s payrolls report can be pivotal here, but based off consensus expectations the market will remain without validation from the labour market. Also, the Fed’s FOMC minutes due on Wednesday are unlikely to be as racy […]
2023’s Biggest Losers In The Russell 1,000
Image Source: UnsplashWhile broad swathes of the equity market rose in 2023, that is not to say there were no areas of weakness. Of course, there were some major spotlight stocks that investors would have completely lost their shirt on like Silicon Valley Bank had they been invested in the beginning of the year, but for […]
Rivian Stock Tanks On Decline In Deliveries: Buy The Dip?
Image Source: Pixabay Rivian Automotive Inc (Nasdaq: RIVN) ended more than 10% down on Tuesday after reporting a year-on-year decline in deliveries in the fourth quarter. Baird analyst shares his view on $RIVN The electric vehicles company delivered 13,972 vehicles in the final quarter of 2023 – down 10.2% versus a year ago.Still, Ben Kallo – a Baird […]
FX Turnover Through 2022
Image Source: Unsplash Doing some research on international currencies, I reviewed FX turnover data from the BIS, through April 2022. The dollar dominated, two months after the expanded Russian invasion of Ukraine. Figure 1: Share of foreign exchange turnover in April of indicated survey year (out of 2), for USD (inverted blue triangle), EUR (inverted tan triangle), […]
These Major AI Performers In 2023 Have More Room To Run In 2024
Photo by Steve Johnson on Unsplash Despite the 52% return in artificial intelligence and related (AI&R) stocks in 2023, as measured by the 91 constituent Global X Artificial Intelligence and Technology ETF (AIQ), a number of them exhibit more room to run in 2024 given their excellent valuation metrics as measured by their Price-to-Earnings (1-year) Growth Ratio over […]
Stocks And Precious Metals Charts – U.S. Banking System Ripe For Another Crisis
The talking heads were assuring us today that stocks were retreating because they had become extremely over bought last week/year/Funny how they only tell us these things after the fact.The Dollar strengthened.Gold and silver were lower.The VIX remains fairly complacent.And so the new year begins.Have a pleasant evening. More By This Author:Stocks And Precious Metals […]
What Awaits Nasdaq ETFs In 2024 After Best Year Since 2020?
Image Source: Pixabay The tech-heavy Nasdaq Composite Index recorded the best annual performance since 2020, rising 43% in 2023. The Nasdaq-100, which tracks the top 100 stocks traded on the Nasdaq Exchange, posted its best year since 1999.The outstanding performance can be attributed to several factors, which are likely to persist in 2024.“Magnificent Seven” Surge: The so-called […]
Macro: Major Reports Holiday Week
Image source: Pixabay Case Shiller Home Price IndexThe annual price change for houses from Oct 2022 to Oct 2023 is 4.8%. Though the monthly price increases are slowing, the annual inflation rate will continue to rise because of the disinflation at the end of 2022. The max benefit of falling prices was Jan 2023, so expect […]
