Big Tech Powers Nasdaq While Dow Cools Off
Stocks were mostly higher today, the Nasdaq turning in a notable bounce after mega caps Apple (AAPL), Nvidia (NVDA), and Amazon.com (AMZN) powered the tech sector. Meanwhile, the S&P 500 was rangebound most of the day, but rallied just above breakeven in the final minutes of trading. The Dow came off its session lows, but […]
NVDA Plus Semi Rotation: Ready Or Not
Image Source: Pixabay In this short clip, Samantha LaDuc shares her bullish outlook on Nvidia (NVDA) and semiconductor stocks (SMH), highlighting recent price action and technical support levels as positive indicators for continued growth into January.While acknowledging potential macroeconomic risks, she emphasizes the market’s current resilience and advises taking advantage of opportunities while the bullish trend […]
Fix This Or Nothing Else Matters
Image source: Pixabay What’s the one thing we need to fix or nothing else matters? There are plenty of potential candidates: immigration, healthcare, wokeism, hot war in Europe, inflation, draining The Swamp, etc. Human history offers a definitive answer, and it’s none of these issues. The answer is wealth inequality. Historian Peter Turchin has focused on the tedious […]
Will Microsoft Ride $5 Trillion Bitcoin Wave (Or Avoid Risk); PolyMarket Betters Skeptical
Microsoft’s shareholders will soon vote on adding Bitcoin to its balance sheet.Will Michael Saylor’s pitch Orange Pill the tech giant? What are the stakes and risks? CoinTelegraph’s Daniel Ramirez-Escudero reports that next week, Dec. 10 will mark a key date for Microsoft and the Bitcoin community because the tech giant’s shareholders will vote on whether to add […]
CrowdStrike Stock Price Analysis
Image Source: Pixabay Crowdstrike (CRWD) is an American cybersecurity company that helps businesses protect their computer systems from online threats.Founded in 2011 and based in Austin, Texas, it offers a cloud-based platform called Falcon, which uses advanced technologies like artificial intelligence to detect and prevent cyberattacks in real-time.CrowdStrike provides services such as endpoint security, threat intelligence, and […]
The Fed’s “Price Stability” Schemes Sow Economic Chaos
Image source: Wikipedia For most commentators, a “stable price level” is the key for economic stability. For instance, let us say that there is a relative increase in consumer demand for potatoes versus tomatoes. This relative increase is depicted, all things being equal, by the relative increase in the price of potatoes. To be successful, businesses […]
South Korea ETF Reaching New Lows
Although US equities are mostly flat today, South Korean equities have been much more eventful. News broke today that the country’s President Yoon Suk Yeol declared martial law which was then contested by the National Assembly shortly thereafter. While the event is still unfolding, in response to the political tensions, the MSCI South Korea ETF […]
China Halts Rare Exports Used By U.S. Technology Companies And The Military
This is a much more detailed report than you will find elsewhere.Ministry of China Issues Statement on Dual-Use Commodities, translated below from original in Simplified Chinese. Announcement No. 46 of the Ministry of Commerce in 2024 on Strengthening Export Control of Dual-Use Items to the United States. In accordance with the relevant provisions of the Export […]
Here’s What Wall Street Experts Are Saying About Salesforce Ahead Of Earnings
Image Source: Pexels Salesforce (CRM) is scheduled to report results of its third fiscal quarter after the market close on Tuesday, December 3, with a conference call scheduled for 5:00 pm ET. What to watch for:GUIDANCE: Along with its second quarter earnings report, Salesforce guided to 2025 adjusted earnings per share of $10.03-$10.11 on a revenue of $37.7B-$38B, which […]
Chinese Firms Going Global
Image Source: Pixabay A brief coming out of China reporting as to what they see as to their issues in growing their international trade. It is a different perspective in what they see as compared to what we see. When I was overseas for weeks at a time, I would pick up a local paper to […]
