5 Defensive Stocks To Counter Volatility As Post-Election Rally Halts
Image: BigstockThe post-election rally has come to a sudden halt as investors have started to reassess the economy’s health after the latest comments from the Federal Reserve.Wall Street witnessed one of the best weeks in recent times, a day after Donald Trump won the U.S. Presidential election. The Dow recorded its best post-election day rally in more […]
Wall Street’s Top 10 Stock Calls This Week – Saturday, Nov. 16
Image Source: PixabayWhat has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street’s best analysts during the trading week of Nov. 11-15, 2024. First, here are the top 5 buy calls of the week. 1. Nvidia Initiated With a Buy at Redburn […]
Post-Election Euphoria Turns Into Hangover; One New Swing Position
Image Source: PixabayIn this video, I take a look at how the markets have turned around after the US election. I also review a new long setup in Pinnacle West Capital (PNW). Have a great rest of your weekend, and happy trading.00:14:56More By This Author:Short-Term Concerns Arise; One New Swing Position For Next WeekIt’s Good Great. Not Great Great But […]
Despite Its Oil Wealth, Nigeria Is An Economic Basket Case
Americans are outraged. Gas prices have risen over 30 percent in four years, electricity has risen by over 30 percent in the last four years, and groceries have risen by over 20 percent. This is infuriating and Americans are well in the right to be disgusted by it. Now, imagine living in a country where […]
WMT Is Overvalued And Overextended Heading Into Earnings; How I’m Protecting My Profits
Walmart (WMT) is on a tear heading into its 3QFY25 earnings report next Tuesday morning with shares up 60% YTD. Unfortunately, a consequence of that price appreciation is that the stock has become overvalued and overextended. WMT now trades for 35x the midpoint of the company’s FY25 EPS guidance. You read that correctly: 35x.While that’s […]
Canadian Dollar Sheds Further Weight, Slides Into Fresh Multi-Year Lows
The Canadian Dollar (CAD) found fresh lows on Friday as broader markets continues to pivot into the safe haven Greenback. A slight miss in US Retail Sales was all it took to bolster the US Dollar and send USD/CAD into fresh multi-year highs.Canada continues to remain absent from the economic calendar this week. A week of strictly low-tier, low-impact […]
Cardano To Reach $6 By September 2025? Analyst Forecast 2021-Like Rally
Cardano (ADA) has seen a massive rally in the last few weeks, surging over 81% in the past fourteen days. As the cryptocurrency continues breaking past key levels, a renowned crypto analyst highlighted its potential 2,000% climb. Cardano To Hit $6 By Q3 2025Crypto analyst Ali Martinez forecasted that Cardano might hit the $6 mark by September 2025. […]
Why Is XRP Price Up Today? Key Reasons Explained
The XRP price is experiencing a significant uptick, rising 20% over the past two days and an impressive 47% in the last five days. The surge can be attributed to a confluence of factors, including speculation surrounding SEC Chairman Gary Gensler’s potential resignation, favorable regulatory tailwinds under the incoming Trump administration, increased whale activity, and […]
KMI & TRP: Two Energy Companies Set To Profit From LNG Exports
Image Source: PixabayElections have consequences. The results this time will likely have a profound impact on investors. The trick following every election is deciding what consequences are worth betting on. Kinder Morgan Inc. (KMI) and TC Energy Corp. (TRP), for instance, are set to expand contracted pipelines serving growing LNG exports.Unfortunately, betting on election consequences can be a losers’ […]
Inflation Guy’s CPI Summary (October 2024)
Image Source: PixabayI said two months ago that I didn’t think the Fed should ease, but they would anyway. And they did, by cutting overnight rates 50bps. Then last month I said “Getting rates back to neutral, around 4% or so, is not a bad idea as long as quantitative tightening continues. It isn’t the best idea, but it’s […]
