This Top AI Stock Crushed Quarterly Expectations
Photo by Mohamed Nohassi on UnsplashThe 2024 Q3 earnings cycle is slowly wrapping up, with the bulk of S&P 500 companies already revealing quarterly results. The reporting docket remains busy, however, with plenty of results still to come in the weeks ahead.So far, several high-growth companies, including e.l.f. Beauty (ELF – Free Report) and Palantir (PLTR – Free Report) , have posted […]
SoFi Stock Hits New High Of $14.42: Is It Time To Take Profits?
Image Source: Pexels SoFi Technologies hit a new high of $14.42 per share on Monday. The fintech firm stands to benefit under the Trump administration. Here’s what could drive SoFi stock price higher in the coming months. SoFi Technologies Inc (SOFI) touched a high of $14.42 this morning – a level that was last seen in […]
Trade War And Recession?
Image Source: PexelsFormer Senator Toomey (Politico): “We have a recession coming. That’s what the response would be from a full-blown trade war that [Trump] would precipitate,” Toomey said, referring to the president-elect’s trade proposals. Those include tariffs of up to 20 percent on all imports, tariffs of at least 60 percent on China and more radical […]
The Commodities Feed: Natural Gas Surges
Photo by Timothy Newman on Unsplash Energy – Natural gas strength, oil weakness Oil prices came under further downward pressure yesterday. ICE Brent settled almost 2.8% lower on the day, falling below $72/bbl. USD strength – an ongoing theme since the US election – has provided strong headwinds not just to the oil market but also to the […]
WTI Retreats To Near $68.00 On Chinese Stimulus Disappointment, Stronger US Dollar
Image Source: Pixabay WTI price drifts lower to near $68.00 in Tuesday’s early Asian session. The stronger USD weighs on the USD-denominated Oil. China’s stimulus plan disappointed investors, dragging the WTI price lower. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.00 on Tuesday. The WTI price edges lower amid the fears […]
Is Warren Buffett Expecting A Stock Market Crash?
Image Source: Pexels Americans All-in: A Stock Market Crash Looming? Warren Buffett is known for saying, “…we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.”The idea behind this is very simple: when everyone wants to buy stocks, it might be time to pause and reflect, as […]
Market Could Stall Short Term
Image source: Pixabay SPX Monitoring purposes; Long SPX on 10-29-24 at 5832.92Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%Monitoring purposes GOLD:Long GDX on 10/9/20 at 40.78. We are up 31.40%; SPX up 25.7% so far this year. Notice that the daily SPY has closed above its upper Bollinger band last Thursday and Friday (circled […]
3 Meme Stocks To Watch In November 2024
Image courtesy of 123rf.com Just like in 2016 and 2020, memetic warfare was a major contributor to US presidential elections in 2024. After it was fairly certain former President Trump secured his 2nd term, his son Donald Trump Jr. called for his 12.8 million followers to “Show me the memes!!!”.But what happens to meme stocks in a new […]
Trump Wins. The Real Impact Of His Economic Plan
Image source: Pixabay Tariffs can actually generate a tremendous amount of revenue, but they are not a magic wand.Video Length: 00:04:50More By This Author:If The U.S. Falls Into Recession, It Will Be From Years Of Government Excess Global Public Debt Is Destroying The Economy The Inflationists’ Narrative Is Crumbling
United States’ Fiscal Policy In A Global Context
A comparison of US Fiscal Deficit prompted me to post this. I believe it will be interesting to see how Trumps fiscal policies playout over the next four years. Check out The Guardian’s Economics Editor’s commentary on Trumps economic plans. The Issue: With continued high fiscal deficits likely for the foreseeable future, public debt in the United […]
