Looking Ahead To Retail Sector Earnings
Image Source: Pixabay Total Q3 earnings for the 458 S&P 500 members that have reported results through Wednesday, November 13th, are up +6.9% on +5.4% higher revenues, with 73.6% beating EPS estimates and 61.4% beating revenue estimates. The earnings and revenue growth pace for this group of 458 index members is broadly in line with the […]
Silver & The Greatest Breakout In Modern History
Image Source: PixabayWhen Silver breaks $50/oz it will be the biggest breakout in the modern history of capital markets. We cover the implications and price targets.Video Length: 00:11:40More By This Author:Secular Bear Market Will Begin In Trump’s 2nd Term Gold’s Path After Breaking To New All-Time HighWatch For Gold Volatility Spike & US Election Selloff
EUR/USD Marks Yearly Lows Near 1.0550 Ahead Of Eurozone Q3 GDP, US PPI
Image Source: Pixabay EUR/USD falls to 1.0546 on Thursday, the lowest since November 2023. Eurozone Gross Domestic Product is anticipated to report 0.4% QoQ in the third quarter. Traders will likely observe US October Producer Price Index data later in the North American session. EUR/USD extends its decline for the fifth consecutive day, trading near 1.0550, marking […]
Financial Markets Report For Wednesday, Nov 13
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, November 13.Video Length: 00:12:18More By This Author:SPDR ETF Report For Tuesday, Nov 12Financial Markets Report For Tuesday, Nov 12Financial Markets Report For Monday, Nov 11
Silver Price Forecast: XAG/USD Drops To Nearly Two-Month Low, 100-Day SMA Breakdown In Play
Image Source: Pixabay Silver remains under some selling pressure on Thursday and retests October’s swing low. The technical setup favors bearish traders and supports prospects for additional losses. Any attempted recovery could still be seen as a selling opportunity and remain capped. Silver (XAG/USD) attracts some follow-through selling during the Asian session on Thursday and drops to […]
Brent Crude Oil Price Forecast: What Is The Path Of The Least Resistance?
Image Source: Pixabay Crude oil prices reported a slight rebound amid its short-term tightness in the physical market. A bearish outlook persists amid a soft demand outlook for China and the world. A stronger US dollar, boosted by a Trump win, is further exerting pressure on crude oil price. Crude oil price parred some of its […]
Has AGNC Investment Corp.’s Dividend Gotten Any Safer?
Image Source: PexelsIt’s been nearly a year since I looked at AGNC Investment Corp. (AGNC) in Safety Net, which surprised me because it used to be one of the most-requested stocks for this column.Perhaps the fact that the stock has gone nowhere for over a year has dampened investors’ enthusiasm. But that big, juicy 15% yield still attracts […]
OpenAI, Google, & Anthropic Face Hurdles In Advancing AI Models, Casting Doubt On Near-Term AGI
Photo by Steve Johnson on UnsplashTech companies focused on chatbot development, like OpenAI, Google, and Anthropic, have faced significant near-term headwinds in advancing large language models. Despite tens of billions of dollars in investments, these tech firms are experiencing diminishing returns in advancing more sophisticated LLMs.Sources told Bloomberg that OpenAI’s new Orion LLM has experienced performance limitations. This means the new LLM would outperform the firm’s existing models, but […]
Microstrategy Puts
Image Source: PixabayAs crazy as crypto has been, there was no way I wanted to short it. Nope. Not even me.It was curious, however, what it would be like to buy MSTR puts. Again, there’s no way I’d do that in real life, but the massive spread between Microstrategy’s market cap and its actual $BTC holdings […]
The Importance Of Diminishing Returns
Image Source: PexelsIn graduate school, I recall a professor suggesting that the rational expectations revolution would eventually lead to much better models of the macroeconomy. I was skeptical, and in my view, that didn’t happen. This is not because there is anything wrong with the rational expectations approach to macro, which I strongly support. Rather I […]
