Drone Stock Red Cat Holdings Keeps Flying, Up 938% YTD
Image Source: Pexels Drones have been in the news this week with mysterious sightings, mostly along the east coast. Some drone stocks have also been flying, including Red Cat Holdings (Nasdaq: RCAT), which is up some 31% over the past week and 94% over the past month.It has been an incredible year for Red Cat stock. Red Cat started the […]
Record Bankruptcy Fears
Image Source: Pexels Corporate and consumer bankruptcies are in the news.Video Length: 00:12:17More By This Author:Mixed Market Signals Economic Sentiment Flips Economic Updates And CEO Assassination
Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon?
Image Source: Pixabay Ethereum spot exchange-traded funds (ETFs) have logged 16 consecutive days of positive daily inflows, renewing optimism for ETH’s potential new all-time high (ATH) in the coming weeks. However, for ETH to reach this milestone, it must surpass the critical resistance level of $4,000. Ethereum Spot ETFs Attracting Consistent Inflows According to data from […]
Have The Gold And Silver Rallies Already Peaked
Image Source: Pixabay We’re quickly coming towards the end of what’s been an historic year for the gold and silver markets.Gold has been hitting new record highs all year, while silver finally crossed the $30 level, and at one point even broke $35 per ounce.But have we already seen the peak in the rally?Or are there […]
Hawkish Fed Cut Rates As Expected; Signals Dramatically Less Aggressive Rate-Cut Cycle
Image Source: Pexels Since the last FOMC meeting – on November 7th – the dollar and stocks have rallied while gold and oil have lagged as the dollar flatlined (amid significant volatility on the way from various macro data surprises)…Source: BloombergMost notable is the fact that inflation data has dramatically surprised to the upside and ‘hard’ data […]
Grains Report – Wednesday, Dec. 18
WHEAT General Comments: The markets were a little lower in all three markets. USDA showed poor export demand in the weekly reports. World Wheat demand was strong with Saudi Arabia buying over 800,000 tons of optional origin Whet that s likely to come from Russia, Europe, and perhaps South America. Tensions remined high between Ukraine, […]
A Perfect Storm For The Canadian Dollar
USD/CAD is trading at the pandemic highs as the loonie is rapidly losing its low-volatility, safer commodity currency status due to Trump’s threat of 25% tariffs on Canadian goods. A fully-fledged North American trade war can take the pair to the 1.50 mark on the back of more Bank of Canada rate cuts. Political developments […]
Rebalance Review Of The S&P Global Clean Energy Index – H2 2024
Launched in 2007, the S&P Global Clean Energy Index has been a headline benchmark for measuring clean energy-related companies’ performance over the past 16 years. In April 2021, we launched the S&P Global Clean Energy Select Index to measure the 30 largest companies in global clean energy businesses listed on developed market exchanges.Both indices had their semiannual rebalances on […]
Disney’s Stock Gains As It Scores A Massive Gaming Hit With Marvel Rivals
Image courtesy of 123rf.com Disney (NYSE: DIS) has recently achieved significant success in the gaming industry with the launch of Marvel Rivals, a new collaboration with NetEase Games. The superhero-themed game has captivated a massive audience, reaching 20 million players within two weeks of its release. Available on multiple platforms, including PC, PlayStation 5, and Xbox Series […]
Housing Starts Dip A Modest 1.8 Percent November
Building Permits Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,505,000. This is 6.1 percent above the revised October rate of 1,419,000, but is 0.2 percent below the November 2023 rate of 1,508,000. Single-family authorizations in November were at a rate of 972,000; this is 0.1 […]
