Producer Price Index (PPI) Increases 0.2 Percent, With Services Up 0.3 Percent
The BLS report the Producer Price Index was rose 0.2 percent in October but the details are unsettling.PPI Final Demand Key Detail Month-Over-Month PPI: +0.2 Percent Services: +0.3 Percent Goods: +0.1 Percent Excluding Food and Energy: +0.3 Percent Food: -0.2 Percent Energy: -0.3 Percent Despite declines in food and energy, the PPI was up 0.2 percent.Goods Details […]
SiriusXM Stock Price Analysis – SiriusXM Strikes Out On Its Own Sparking A New Era For Investors
Image Source: Pexels SiriusXM Stock (SIRI) is charting a new course as a fully independent company after Liberty Media’s 2024 restructuring.The split-off created New Sirius, which merged with SiriusXM to form a standalone company, shaking up the ownership structure and offering fresh investment opportunities. This restructuring marks a pivotal moment in the company’s evolution, and with its familiar ticker symbol, SIRI, […]
Stocks And Precious Metals Charts – Stocks Lower
So, we had stocks lower today, as part of a recent rounding trend.The VIX is signaling a short term low in the valuation of risks.Gold and silver managed to hold their own after an overnight bear raid, most likely targeting the remaining open interest in the big December futures contract.The attack on the December contract […]
Dow, Nasdaq Shed Triple Digits After Fed Comments
Wall Street slipped substantially Thursday, the Dow shedding 207 points as the post-election buzz continued to fade. The Nasdaq also lost triple digits as well, its third-straight loss, while the S&P 500 and small-cap Russell 2000 Index (RUT) both fell as well. Wall Street churned as investors weighed October’s producer price index, but stocks turned to their […]
Bull Flag Breakout In SOL/USD Shows Strength
SOL/USD broke out of a bull flag formation last week and ended the week strong. It managed to exceed the prior trend high of $209.90 and reach a high of $215.62. This week, it continued to strengthen, although on a relatively narrow range week, reaching a high of $225.37. That put the pair above the […]
Introducing The Dow Jones Developed Green Real Estate Index
A renewed interest in Real Estate has emerged as declining interest rates tend to bring more favorable conditions to the industry. For 16 of the last 31 years, the Real Estate sector has outperformed the broader developed equity market.1The COVID-19 pandemic struck at the core of the Real Estate sector by shutting down offices, hotels, […]
CAVA: Exhaustion Candle
I first wrote about up and coming Mediterranean fast-casual chain CAVA six months ago in “Legendary Days: Adventures In San Diego” (May 16, 2024). I had read about it a Barron’s article about the “next Chipotle”. But since there weren’t any in the Bay Area, I had to wait for my Coronado trip to try the one in […]
Softs Report – Thursday, Nov. 14
COTTON General Comments: Cotton was slightly lower again on the stronger US Dollar. A stronger US Dollar has weighed on Cotton futures prices in recent days. Trends are mixed to down in this market. China moved to lower interest rates again and there are hopes this move will help restart the economic engine there. Real […]
Fed Missing The Target
Image Source: Pexels The Federal Reserve is missing its 2% inflation target and this may be the new normal.Video Length: 00:05:34More By This Author:Small Stocks SurgingTrump Tariffs And Global TradeWeekly Recap & DARP Update – Friday, Nov. 8
“Tis The Season” Stock Market (And Sentiment Results)
On Tuesday morning I joined Stuart Varney on Fox Business to discuss the implications of a Republican Sweep Election on markets. Thanks to Stuart and Christian Dagger for having me on. Here were my notes ahead of the segment: During earnings season I try to cover 1-2 stocks that we have discussed on our podcast|videocast(s) and/or […]
