Breaking Report Reveals The Labor Market Is Tanking
Image source: Pixabay A double whammy on US consumers. First, the government issued an alarming update to the biggest jobs data there is. Then retail giant Target stunned with its Q3 results and more so its guidance for Q4. The thing is, both of those are related; two sides of the macro coin. The one says […]
Dow Pops 460 Points As Traders Cycle Out Of Tech
The Dow added more than 460 points and the S&P 500 finished well into the black, as investors bought up cyclical stocks that benefit from a better performing economy. Traders are rotating out of tech stocks following Nvidia’s (NVDA) earnings report, which helped the tech-heavy Nasdaq move slightly higher. OIL PRICES HIT ROUGHLY 2-WEEK HIGH Oil prices […]
Dell’s EPS Expected To Rise By 9% As Firm Set To Report Fiscal Q3 Results
Image courtesy of 123rf.com Dell Technologies (NYSE: DELL) is poised to release its quarterly earnings report on November 26, 2024, after the market closes. As a major player in the computer and technology services sector, Dell’s financial performance is closely watched by investors and analysts alike.The upcoming report is expected to reveal a year-over-year increase in both earnings […]
Nikkei Trading Near 1989 Stock Peak; Double Top?
Image Source: Pexels If you have been investing for 35 years, you likely remember the fervor heading into the Japanese Nikkei stock market index peak. And most investors of any age likely have viewed charts and read about it.Why? Because there was a bullish mania to buy Japanese stocks and its peak in 1989 turned into a massive […]
Bitcoin Approaches $100K
Image Source: Pexels Bitcoin’s relentless rally has pressed on. In the past 24 hours, the world’s largest crypto has surpassed the $98,000 mark for the first time ever as it closes in on the $100,000 milestone. As shown below, after trending lower from the end of the first quarter through late summer, Bitcoin hit a low on […]
Discovering Income And Value In Energy Cyclicals
Income and Value in EnergyToday’s video is another in the continuing series of videos where we are looking for value in each of the 10 major sectors as reported by Standard & Poor’s. This particular video is going to be on the Energy Sector – discovering income and value in energy cyclicals.The Energy Sector is […]
Bitcoin Nears $100K: ETFs To Ride On Its Unstoppable Rally
Image Source: Pixabay The rally in the world’s largest cryptocurrency is showing no signs of slowdown since Donald Trump’s victory in the presidential election spurred excitement about the digital currency. Bitcoin surged past $98,000 for the first time and is approaching the historic $100,000 milestone. MicroStrategy’s (MSTR) plans to accelerate Bitcoin purchases and the introduction of […]
Dash Price Surges To Five-Month High, Sets Sights On $38
Image Source: Pexels The cryptocurrency market has been witnessing an exciting surge in recent weeks, with several altcoins gaining traction as Bitcoin (BTC) approaches $100K.Among these, Dash (DASH) stands out, hitting a five-month high as its bullish momentum accelerates.DASH’s upward movement signals strong investor interest and confidence in the digital cash project, which is positioning itself […]
Continued Unemployment Claims Are The Highest Since November 2021
This morning the Department of Labor released Weekly Unemployment Claims numbers.Initial Claims In the week ending November 16, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 6,000 from the previous week’s revised level. The previous week’s level was revised up by 2,000 from 217,000 to 219,000. The 4-week moving average was 217,750, […]
Nvidia Results Receive Mixed Reactions
Image source: Pixabay Market sentiment is mixed today as asset prices fluctuate across the investing universe. Today’s trading has been highly influenced by last night’s earnings results from semiconductor and AI leader Nvidia, but investors are also paying attention to heightening geopolitical tensions in the Far East. Against this backdrop, folks are snatching up bitcoins, value […]
