Category Archive: Finance, No picture
Technical Market Report For December 30, 2023
The good news is: All of the major indices closed less the 1% off their highs for the year. For the Nasdaq composite (OTC), S&P 500 (SPX) and Dow Jones Industrial Average (DJIA) those included all time highs. The past month was not the best December for the major averages, but it was not far […]
Natural Gas: Selling Rallies On Exhaustion
Photo by Pixabay Natural Gas futures on the Nymex had a volatile week before closing 0,8% higher than the previous one at $2.50. EIA reported on Thursday a withdrawal of 87 Bcf in working underground storage for the week ended December 22. Total inventory is currently at 3,490 Bcf, 11,1% higher y/y, 10% above the […]
Top Picks 2024: Cameco
Image Source: PixabayIf investors were asked to name a conservative investment, most wouldn’t pick uranium. After all, the energy metal has been under pressure for years. But I’m here to tell you that profiting from select uranium stocks over the next few years is like shooting fish in a barrel: It’s hard to miss. One of my favorite […]
Speculative Money Dumps Vintage Champagne Bottles As ‘Bubble In Bubbly Pops’
Image Source: UnsplashSentiment around the luxury market quickly turned negative in the second half of this year as elevated inflation, high interest rates, and a slowdown in the economy pinched consumers.In May, we first asked this question: Did Europe’s Luxury Bubble Just Burst? By June, we pointed out Luxury Recession: Diamond Prices Crash, Rolex Downturn Persists.In October, we said: First […]
5 Market-Beating Sector ETFs Of December
Image: ShutterstockWall Street sizzled in December, with all three major indices seen touching a series of new highs. The Dow Jones reached an all-time high, gaining about 5%. The S&P 500 touched a series of 52-week highs, with an increase of 4.7%, and it was recently just 0.3% away from its January 2022 record. The Nasdaq […]
Forex Today: A New Year Arrives, Focus Turns To US Labor Market Data
Image Source: UnsplashAn exciting beginning of the 2024 trading year lies ahead. Next week, economic reports include the US and Canada Job Reports, as well as inflation figures from the Eurozone. The FOMC will also release the minutes of its latest meeting. Here is what you need to know for next week.The beginning of 2024 will bring key economic reports that […]
Top Picks 2024: CTO Realty Growth
Image Source: UnsplashReal estate has been one of my favorite sectors for most of my more-than-three-decade career. One of my favorites names for 2024 is CTO Realty Growth (CTO). It owns a portfolio of high-quality retail properties in markets with high population growth and above-average income levels, writes Tim Melvin, editor of The 20% Letter.Over the years, I have met […]
Gold Is Now Definitely An Impulse Buy
Image Source: PixabayRecently, Costo began selling gold bars on its website. The bars were a big hit, generating revenues of $100 million in the most recent quarter. Now, Walmart has opened its own precious metals shop.precious metals shopSo, who’s next?If gold works for the biggest-box retailers, expect Target and other similar chains to join in. The result […]
Looking Back And Forward
Should auld acquaintance be forgot and never brought to mind? Should auld acquaintance be forgot and auld lang syne? -Robert Burns It’s that time of year when we start thinking about the old and envisioning the new. This has always been a special season for me, perhaps because of my unusual quirk of really wanting […]
Dividend Stock Watch List: January 2024 Edition
Image Source: PixabayThe stock market has recently been on fire. What a difference just a few months can make. The stock market is at or nearing all-time highs, and it’s all about time in the market vs. timing the market.Therefore, it may be difficult to find undervalued dividend stocks right now due to the market surging over 25% this year. However, […]
