Trade Tariffs – The Worst That Could Happen
Image Source: DepositPhotosTrade TariffsAs rhetoric regarding trade tariffs increased prior to the election and, with that same rhetoric continuing post-election, the danger to free trade and a strong economy is heightened.In my article, The Danger Of Trade Tariffs, I said…“Tariffs are taxes imposed on imported goods, ostensibly to protect domestic industries or gain a competitive edge. […]
Bull Of The Day: Garmin Analysts Boost Garmin’s Earnings Estimates
If you’re an outdoor enthusiast, angler, runner, or golfer, you’re likely familiar with Garmin (GRMN), the industry leader renowned for producing high-quality navigation and communication equipment. Garmin offers an extensive portfolio of GPS-enabled devices across five key segments: Outdoor, Fitness, Marine, Auto, and Aviation. These segments contributed 32.5%, 25.8%, 17.4%, 8.1%, and 16.2% of the company’s revenue, […]
Gold Spikes Amid Tensions But Can’t Shake Off Weekly Losses
Gold’s price advanced late during the North American session on Friday, up by 0.67%, yet it remains set to print monthly losses of over 3%. Geopolitical risks continue to drive price action with the non-yielding metal fluctuating at around $2,600. The XAU/USD trades at $2,652 after hitting a daily low of $2,634.Geopolitical tensions eased in the Middle […]
Bitcoin Resets Open Interest, Targets $100,000 After Holding Key Support – Details
Bitcoin (BTC) appears to be rebounding from its recent pullback after reaching a new all-time high (ATH) of $99,645 on November 22. Despite liquidations exceeding $500 million during the downturn, the event did not trigger the cascading sell-offs seen in previous market cycles. Bitcoin Open Interest Resets: Is $100,000 Next?The flagship cryptocurrency seems ready to make […]
The Gap Stock Price Could Drop 35% As A Risky Pattern Forms
The Gap stock price rose sharply earlier this month when the company reported encouraging financial reports. It rose to a high of $25.87 on November 22, its highest level since June 12 of this year. It remains in a local bear market after falling by 20% from its highest level this year. The Gap stock in […]
Technicals, Strong Earnings Still Supportive Of This Bull Run
Image Source: Mike Mozart, FlickrLast week was one marked by high-profile earnings, with two of our holdings delivering strong results. As for our measure of markets, the Domestic Fund Composite (DFC) added 0.85%. We remain well above the 39-week moving average and firmly in “Buy” status.Walmart Inc. (WMT) shares spiked after the company reported better-than-expected earnings that included […]
Average Wages (Still) Rising Faster Than Inflation
Image Source: PixabayA comparison between CPI, chained CPI, PCE price index, and HICP deflation:Figure 1: Average hourly earnings, CPI deflated (blue), chained CPI deflated (green), PCE price index – market based deflated (tan), and HICP deflated (red), all in 2019$. Chained CPI, HICP deflated by author using X-13. Source: BLS, BEA, European Commission.Estimated real median income through […]
Buy Dell Technologies Or Hewlett Packard Stock For AI Server Growth?
Image Source: PixabayHaving partnerships with Nvidia (NVDA – Free Report) to develop computer servers that harvest artificial intelligence, Dell Technologies (DELL – Free Report) and Hewlett Packard Enterprise (HPE – Free Report) may be catching investors’ attention.AI servers and networking expansion have given both companies a boost in recent years with Dell reporting favorable Q3 results on Tuesday while Wall Street awaits Hewlett Packard’s […]
Is India Missing Its Demographic Dividend? Slow Growth Raises Concerns
Image Source: Pexels India’s GDP growth slowed to 5.4% in Q2 2024, the weakest in almost two years. Investment banks are downgrading their full-year growth forecasts for India. The RBI faces pressure to consider interest rate cuts despite inflation concerns. India’s economic growth has decelerated to its slowest pace in almost two years, raising concerns about […]
