Hercules Capital: Is Its 10% Yield As Strong As It Looks?
Anytime I hear the name “Hercules”, I immediately impersonate Eddie Murphy as Mama Klump saying “Hercules, Hercules!” in The Nutty Professor. It’s an automatic response. My kids, appropriately, roll their eyes.Investors in Hercules Capital (NYSE: HTGC) aren’t rolling their eyes these days, though – not while they’re getting paid a 10% yield.Will they stay as proud of Hercules Capital as […]
Grains Report – Thursday, Nov. 21
WHEAT General Comments: The markets were higher again yesterday as tensions r3emined high between Ukraine, the US, and Russia once again. The threat of war expanded with the US allowing longer range missiles to be used and as Russia is deploying North Korean soldiers alongside its own in battles. Russia also updated its nuclear use […]
Russia: Policy Rate At 21%, Official Inflation Rate At 10% (M/M Annualized)
Locking up the butter in Russia (CNN). Official inflation in October was 0.8% m/m (annualize that and it’s about 10%. That’s the official inflation rate. The ex post rate is around 11% then. Taking the CBR’s expected inflation rate of 13.4% at face value, this implies a 7.6% ex ante real rate. With the policy rate […]
Russell 2000 Earnings Dashboard 24Q3 – Thursday, Nov. 21
Image Source: Pexels Russell 2000 Aggregate Estimates and Revisions The 24Q3 Y/Y blended earnings growth estimate is 34.3%. If the energy sector is excluded, the growth rate for the index is 69.3%. Of the 1,705 companies in the Russell 2000 that have reported earnings to date for 24Q3, 56.0% reported above analyst expectations. The 24Q3 Y/Y blended revenue growth estimate is 0.9%. If the energy sector is excluded, the growth rate for […]
Intuit’s New AI Assistant Seeks To Boost Efficiency; Stock Gains On Launch
Image courtesy of 123rf.com Intuit Inc. (Nasdaq: INTU) recently announced the launch of Intuit Assist, a generative AI-powered financial assistant integrated into QuickBooks. This innovative tool is now available to QuickBooks Online users in the United States and is part of Intuit’s broader strategy to embed AI across its suite of products, including TurboTax, Credit Karma, and Mailchimp.Intuit […]
Nvidia Earnings Breakdown
Nvidia (NVDA) reported another stellar quarter, beating sales and earnings estimates. The company reported EPS of $0.81 (growth of 101% over last year), on sales of $35 billion (growth of 94% over last year). This blog has been all over Nvidia for years, when the stock price was still in the teens on a split adjusted […]
Dow Up Triple Digits; S&P 500 Eyes 4th-Straight Gain
The Dow Jones Industrial Average (DJI) is sporting a triple-digit lead this afternoon, as traders unpack Nvidia’s (NVDA) better-than-expected quarter and volatile post-earnings response. The S&P 500 Index (SPX) is also sporting a midday lead and pacing for a fourth-straight gain, while the Nasdaq Composite (IXIC) is firmly in the red. Tech stocks are taking cues from […]
Elliott Wave Technical Analysis – Deere & Company
DE Elliott Wave Analysis Trading LoungeDeere&Co., (DE) Daily ChartDE Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {i} of 3.DIRECTION: Upside into wave 3.DETAILS: Looking at the possibility of a bottom in wave 2 after we reached equality of {c} vs. {a}, and volume seems to be suggesting the bullish case as well.Deere&Co., (DE) 1H ChartDE […]
Asia Week Ahead: Bank Of Korea Rate Decision And Regional CPI Data
Image Source: Pixabay The Bank of Korea meets next week to decide on rates. Meanwhile, we’ll get CPI readings from Singapore and Australia. China: medium-term lending facility rateIt’s another quiet week ahead for China as November comes to a close. The People’s Bank of China (PBoC) is expected to announce the medium-term lending facility rate on Monday, […]
Sensex Today Falls 423 Points; Nifty Ends Near 23,350
On Thursday, Indian share markets traded lower throughout the trading session and ended on a weak note.Benchmark indices were impacted by declines in global stock markets and Adani group stocks following the indictment of Gautam Adani. He is accused of being involved in a multibillion-dollar bribery and fraud scheme.Meanwhile, weak corporate earnings and sustained FII outflows also […]
