S&P 500 Earnings Dashboard 24Q4 – Wednesday, Jan. 29
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions 24Q4 Y/Y earnings are expected to be 10.1%. Excluding the energy sector, the Y/Y earnings estimate is 13.5%. Of the 112 companies in the S&P 500 that have reported earnings to date for 24Q4, 75.9% reported above analyst expectations. This compares to a long-term average of 67%. The 24Q4 Y/Y blended revenue growth estimate is 4.3%. If the energy sector is […]
Elon Musk: What Is His Highest And Best Use?
Image Source: Pixabay Most people who would like to see a major shake-up in the U.S. government applaud Elon Musk’s role as head of DOGE and advisor to President Trump. But Katherine Mangu-Ward offered an intriguing contrary idea in the podcast Reason Roundtable. The editor of Reason Magazine said about the business leaders at the inauguration, “I […]
US Dollar Outperforms Its Peers Ahead Of Fed’s Policy Decision
Image Source: Pixabay The US Dollar Index advances to near 108.20 ahead of the Fed’s monetary policy decision in which the central bank is expected to keep interest rates steady. Investors will be keen to know the impact of Trump’s economic agenda on the interest rate outlook from Fed Powell. US Donald Trump is poised […]
Italian Confidence Data In January Sends Mildly Positive Signals
Image Source: Pexels Gains in consumer confidence and in construction and manufacturing sentiment seem to suggest that the Italian economy started the year on a mildly positive note. It’s too early to call for a turnaround in manufacturing, though.According to the batch of January confidence indicators released earlier today by Istat, the Italian economy started the […]
Shipping Data Reveals The Global Economy Is Cracking
Image source: Pixabay Shipping rates have plunged in January. The sinking demand for raw materials is another warning about the state of the economy in 2025. It was one echoed yet again by American consumers who, after a short reprieve on rate cuts and elections, are right back to worrying about jobs and incomes all over […]
EUR/JPY Forecast: Euro Struggles Near Key Levels Against Yen
The euro has gone back and forth during the course of the trading session on Tuesday against the Japanese yen, as we are hanging around the 50 day EMA and the 200 day EMA indicators. At this point in time, if the market were to take off to the upside, we could see a fairly […]
U.S. Futures Advance As Fed Likely To Hold Rates, Tech Rebounds, And Tariff Threats Loom
Image source: Pixabay Wednesday’s advance in U.S. stock futures highlights a market that is now squarely focused on the Federal Reserve’s policy stance and the extent to which it might signal a shift toward easier monetary conditions in the coming months. Although Chair Jerome Powell and his colleagues are largely expected to keep rates on hold […]
Nvidia Recovers From A Sharp Drop, Meta At Record Highs, DeepSeek Rocks The Ai Industry Nvidia: The leader falls hard against the Chinese outsider Meta Platforms: The stock reaches new all-time highs
The announcement of the new Chinese AI app, DeepSeek R1, shook the tech market and caused a 17.0% drop in the shares of the current leader in the AI hardware industry, Nvidia (NVDA).This shocking news has 2 important implications: The Chinese start-up that developed the model was able to complete the project despite U.S. restrictions […]
Elliott Wave Technical Analysis: Salesforce Inc. – Wednesday, Jan. 29
CRM Elliott Wave Analysis Trading LoungeSalesforce Inc., (CRM) Daily ChartCRM Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave 5 of (3).DIRECTION: Upside in wave 5DETAILS: Here we are looking at upside into wave 5 as we have a lot of margin for upside potential. There is a possibility the whole move up from the June 2023 should be […]
Bull Of The Day: Sonoco Products
Investors looking for shares of a company that has the remnants of a value stock and growth potential may want to consider Sonoco Products (SON).With its incorporation dating back to 1899, Sonoco has become a leading provider of consumer packaging, industrial products, protective packaging, and packaging supply chain services.Headquartered in Hartsville South Carolina, now appears to […]
