Retail Sales Explode Higher Led By Autos And Nonstore Purchases
According to the Census Department Advance Estimate, retail sales rose 0.7 percent in November. Advance estimates of U.S. retail and food services sales for November 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $724.6 billion, an increase of 0.7 percent (±0.5 percent) from the previous month, and up […]
UNH Stock Continues To Fall Amid Polarized Reactions After Brian Thompson’s Murder
Image courtesy of 123rf.com The shocking assassination of Brian Thompson, the CEO of UnitedHealthcare (UNH), has ignited a political and public firestorm across the United States. Thompson was fatally shot on December 4, 2024, in Midtown Manhattan, an event that has since dominated headlines and social media discussions. The alleged perpetrator, Luigi Mangione, was apprehended in Altoona, […]
The Top 5 S&P 500 Stocks Of 2024
Image Source: Pexels While the year is not over yet, it is close enough to start to compile year-end lists for the best performing stocks. We’ll start with the best performing stocks on the S&P 500 in 2024.The S&P 500 had a much stronger year than most experts anticipated, as the consensus was for high single-digit […]
Cloud Stocks: MongoDB Focuses On AI Platform Development
Photo Credit: Garrett Heath/Flickr.com MongoDB (Nasdaq: MDB) reported stellar third quarter results last week. However, sudden leadership changes and worries about a weak sequential growth sent the stock falling 8% in the after-hours session. MongoDB’s Financials MongoDB’s revenues for the third quarter grew 22% to $529.4 million, ahead of the market’s forecast of $498 million. Adjusted […]
What’s Going On In Latam? The Same Old Samba For Rates…
Brazil has been doing its thing as of late, and it’s not been a happy samba. Here, we ask what’s next. We contrast Brazil with Mexico and the US, employing mean-reversion as our guide. We also bring Colombia and Chile into the conversation. Bottom line, Brazil still needs to hike. Mexico and Colombia can comfortably […]
Economic Sentiment Flips
Image Source: Pexels Republicans and Democrats switch places in terms of economic optimism versus pessimism post election.Video Length: 00:13:20More By This Author:Economic Updates And CEO Assassination Rising Inflation Threatens Annuities The Bipolar Economy
Year-End Look At Silver’s Epic Breakout, And An Oil Chart For The Ages
As 2024 draws to a close, we’ll take a look this week at long term annual and quarterly silver price charts that look incredibly optimistic for 2025 and beyond. The first is an annual line chart that clearly shows silver’s 45-year Cup and Handle Pattern. For those who might be new to technical analysis, the […]
Industrial Production Continues To Slide
Industrial production declined for the third month in a row in November, down -0.1%, while October was revised downward another -0.2%. Manufacturing production on the other hand increased 0.2% in November, but September and October were revised downward a combined -0.3%, so on net this was another -0.1% decline. They are now down respectively -1.5% and -2.0% […]
Gold A Cyclical Low Is Here
While the gold price is in the short-term doldrums (after a massive rally over the past year), the world’s most savvy gold bugs are buying maniacally.For a look at their action… The dip from $2790 to $2550 was bought with record aggression by India’s citizens, aka “The Titans of Ton”. The Chinese PBOC also moved […]
It’s Just Too Strong
Image Source: Pexels In this short clip, Samantha LaDuc and Hans Albrecht discuss the market’s concentration in mega-cap tech, led by the “Magnificent Seven,” while highlighting the risks of this trend.They note the parabolic moves in major indices and emphasize the role of options gamma in supporting current market levels.Despite strong gains, they warn that this […]
