Cloud Stocks: MongoDB Focuses On AI Platform Development
Photo Credit: Garrett Heath/Flickr.com MongoDB (Nasdaq: MDB) reported stellar third quarter results last week. However, sudden leadership changes and worries about a weak sequential growth sent the stock falling 8% in the after-hours session. MongoDB’s Financials MongoDB’s revenues for the third quarter grew 22% to $529.4 million, ahead of the market’s forecast of $498 million. Adjusted […]
What’s Going On In Latam? The Same Old Samba For Rates…
Brazil has been doing its thing as of late, and it’s not been a happy samba. Here, we ask what’s next. We contrast Brazil with Mexico and the US, employing mean-reversion as our guide. We also bring Colombia and Chile into the conversation. Bottom line, Brazil still needs to hike. Mexico and Colombia can comfortably […]
Economic Sentiment Flips
Image Source: Pexels Republicans and Democrats switch places in terms of economic optimism versus pessimism post election.Video Length: 00:13:20More By This Author:Economic Updates And CEO Assassination Rising Inflation Threatens Annuities The Bipolar Economy
Year-End Look At Silver’s Epic Breakout, And An Oil Chart For The Ages
As 2024 draws to a close, we’ll take a look this week at long term annual and quarterly silver price charts that look incredibly optimistic for 2025 and beyond. The first is an annual line chart that clearly shows silver’s 45-year Cup and Handle Pattern. For those who might be new to technical analysis, the […]
Industrial Production Continues To Slide
Industrial production declined for the third month in a row in November, down -0.1%, while October was revised downward another -0.2%. Manufacturing production on the other hand increased 0.2% in November, but September and October were revised downward a combined -0.3%, so on net this was another -0.1% decline. They are now down respectively -1.5% and -2.0% […]
Gold A Cyclical Low Is Here
While the gold price is in the short-term doldrums (after a massive rally over the past year), the world’s most savvy gold bugs are buying maniacally.For a look at their action… The dip from $2790 to $2550 was bought with record aggression by India’s citizens, aka “The Titans of Ton”. The Chinese PBOC also moved […]
It’s Just Too Strong
Image Source: Pexels In this short clip, Samantha LaDuc and Hans Albrecht discuss the market’s concentration in mega-cap tech, led by the “Magnificent Seven,” while highlighting the risks of this trend.They note the parabolic moves in major indices and emphasize the role of options gamma in supporting current market levels.Despite strong gains, they warn that this […]
FTSE Sinks To Two Month Low Ahead Of BoE Rate Decision
Image Source: Pexels The FTSE 100 in the UK fell to a nearly one-month low on Tuesday following robust wage data, as investors prepared for insights regarding the future interest rate path of the Bank of England (BoE) later this week. Ahead of the Bank of England’s policy decision on Thursday, data revealed that British wages […]
Alphabet Stock Hits 52-Week High As Waymo Set To Test In Japan
Image courtesy of 123rf.com Google’s (Nasdaq: GOOG) autonomous vehicle division, Waymo, is set to embark on its first international venture by initiating tests in Tokyo, Japan, starting in early 2025.This marks a significant milestone for the company as it steps beyond the borders of the United States for the first time. Waymo has strategically partnered with Nihon Kotsu, […]
Healthcare Employment Surge: Beyond Government Spending
“Actual” data from Bureau of Labor Statistics; “Trend” from the author’s calculations Dr. Bill Conerly Healthcare employment has boomed in the past few years. But contrary to some recent opinions, it’s not all about increased government spending. The pandemic caused worker shortages in healthcare which are just now being resolved.Healthcare employment has grown faster than total […]
