5 Best Top-Ranked ETFs Of November With More Upside Potential
Image Source: Pixabay November turned out to be a banner month for U.S. stocks, buoyed by optimism surrounding President-elect Donald Trump’s victory. The Dow Jones and the S&P 500 Index logged in the best month of 2024, having risen 7.5% and 5.7%, respectively. The tech-heavy Nasdaq Composite Index saw its most positive month since May, gaining […]
No Market Misgiving On This Thanksgiving
We’ll see if there is any gravy left for investors during the last month of the year, but so far 2024 has been a satiating feast that has stuffed investors. There has been a cornucopia of items to be thankful for, including the Federal Reserve, which is expected to provide some dessert this month in the […]
ISM Manufacturing PMI
The manufacturing sector contracted for the 8th straight month, with the November number coming in at 48.4 (anything below 50 is contracting). This was actually above the street estimate of 47.7 and last months number (46.5). The last time the manufacturing sector was positive for two straight months was over 2 years ago.“U.S. manufacturing activity […]
JOLTS Report For October
The JOLTS survey parses the jobs market on a monthly basis more thoroughly than the headline employment numbers in the jobs report. It also is a slight leading indicators for both initial jobless claims and unemployment; and for forecasting wage growth as well. Like many other statistics concerning jobs, the JOLTS series have been deceleration for […]
Warning Shot: China Bans Exports Of Gallium, Germanium To U.S. As Tit-For-Tat Chip War Escalates
Image Source: Pixabay The Biden administration’s new restrictions on China’s semiconductor industry have triggered a tit-for-tat response from Beijing, which announced an export ban on gallium, germanium, antimony, and other critical minerals with potential military applications to the US. Bloomberg reports that the Chinese Commerce Ministry announced the new export controls on Tuesday morning, adding that tighter controls on […]
XRP Q3 Overview: Key Metrics Suggest A Bright Future For The Third Biggest Crypto
Image by WorldSpectrum from Pixabay At the end of the third quarter of the year, XRP, the native token of the XRP Ledger (XRPL), solidified its position as the seventh-largest cryptocurrency by market capitalization, reaching approximately $34.7 billion. This represents a notable 31.1% increase in its circulating market cap quarter-over-quarter (QoQ) compared to Q2. The XRP price also experienced a significant […]
Gold Bullish Cycles In Play
The coming Trump presidency is likely to be exciting, but a lot is unknown.Investors need solid tactics to handle commodities, the stock market, bonds, crypto, and of course supreme money gold. Basis the Shiller/CAPE ratio, the US stock market just became the second most overvalued in the history of the nation!For a look at the […]
Softs Report – Tuesday, Dec. 3
COTTON General Comments: Cotton was lower yesterday and the trends are sideways. Selling came from news that Trump will impose some big tariffs on China, but the tariffs posted were not as high as he had threatened before during the campaign. Support came from a very strong weekly export sales report as some buyers look […]
PLTR Hits 52-Week High After FedRAMP Authorization, Opening New Doors For The Firm
Image courtesy of 123rf.com Palantir Technologies Inc. (NYSE: PLTR) has announced a critical achievement in the realm of government cloud services by securing the FedRAMP High Authorization for its Palantir Federal Cloud Service (PFCS) and its supporting services.This authorization, which covers the full suite of Palantir products, including AIP, Apollo, Foundry, Gotham, FedStart, and Mission Manager, marks a […]
S&P 500 Cools From Post-Election Record Highs
The Dow Jones Industrial Average (DJI) is down triple digits this afternoon, as traders unpack this morning’s jobs data. U.S. job openings rose to 7.74 million in October, topping expectations of 7.5 million and pointing to a stronger labor market.The S&P 500 Index (SPX) is modestly lower as well, while the Nasdaq Composite (IXIC) holds on […]
