U.S. Markets Hit Record Highs On Election Optimism And Fed Rate Cut, Led By Utilities And Tech Gains
Given the strong market response to the recent election outcome and the Federal Reserve’s rate cut, our perspective focuses on balancing optimism with prudent positioning, as market sentiment reflects both political and economic factors.U.S. stocks closed at record highs, buoyed by Donald Trump’s election victory and the Fed’s 25-bps rate cut, signaling optimism around potential […]
Wednesday’s Rally Followed By Friday’s
Image Source: PexelsEveryone who follows the stock market knows that a huge rally occurred on Wednesday, and by Friday, new highs were set for many of the most important stocks, ETFs, and Indexes. Tuesday’s nice rally off the lows with a strong close at the top of the daily range hinted at the rally coming on […]
ETFs To Buy On Nvidia’s Historic Journey To $3.6 Trillion
Image: BigstockNvidia (NVDA – Free Report) achieved a historic milestone, becoming the first company to exceed $3.6 trillion in market capitalization. The success came amid a broader market rally driven by Donald Trump’s election victory, which fueled hopes of tax cuts and reduced regulations under his leadership. Due to its meteoric rise in market valuation, Nvidia joined the 128-year-old blue-chip […]
Silver Price Forecast: XAG/USD Dropped Below $31.50, Weighed Down By US Dollar Strength
Image Source: Pexels Silver traded below 50-day SMA at $31.37; $30.84 support is key for preventing a deeper pullback. Bearish momentum persisted with the RSI in seller’s territory, favoring near-term downside. A close above the $31.50 level could be necessary for bullish recovery, targeting the $31.75 mark and potentially the $32.00 level. Silver retreated from the two-day high of $32.00 on […]
The 9 Largest Companies – Saturday, Nov. 9
Image Source: PexelsHere is a brief look at the 9 largest companies by market capitalization as of Saturday, Nov. 9, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Nvidia (NVDA) has a market cap of around $3.62 trillion, with year-to-date gains of approximately +198.1% Apple (AAPL) has a market […]
Main Street Capital Dividend Increase – Saturday, Nov. 9
Image Source: PixabayMain Street Capital (MAIN) recently increased its monthly dividend by 2.08%, from 24.5 cents to 25 cents per share. The dividend will be paid on Jan. 15, 2025 to shareholders of record on Jan. 8, 2025. The ex-dividend date is Jan. 8, 2025.The stock’s contribution to my projected annual dividend income will increase by $12 to $600.I own 200 shares of MAIN at […]
This Former Pandemic Stock Is Quietly Crushing The Market
Image: BigstockA handful of stocks benefited massively during the pandemic era of 2020 and 2021. It was an interesting time to be an investor, to say the least, and those who targeted the stay-at-home stocks were rewarded handsomely with considerable gains.And one of those stocks, Carvana (CVNA – Free Report), recently reported results. The stock was seemingly left […]
Masters In Trading – Saturday, Nov. 9
Image Source: PexelsIn this video, I discuss recent earnings and review some trades taken throughout the past week.00:28:08More By This Author:Masters In Trading – Saturday, Oct. 19Masters In Trading – Saturday, Oct. 12Masters In Trading – Saturday, Oct. 5
Cisco: A (Relatively) Cheap Way To Profit From AI, Chip Sector Growth
Photo by Steve Johnson on UnsplashI recently explained why Coherent Corp. (COHR) is one of my favorite semiconductor stocks thanks to its exposure to optical transceivers. But today, I want to talk about Cisco Systems Inc. (CSCO), notes George Gilder, editor of Gilder’s Technology Report.Coherent’s highest-margin products, high-speed optical transceivers (400 Gbps/ 800 Gbps, and soon 1.6 Tbps), are used to move data across […]
Capricious Coinage
Image Source: PixabayI bailed (again) on silver first thing on Friday morning. The reason is simple. Thursday night, I looked at the gold futures contract and immediately thought, “What were you thinking?” It didn’t even occur to me (until after hours) that there was a looming H&S top on gold. And if gold falls, obviously, silver will fall […]
