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Updated: 2 hours 40 min ago

What "Sell in May"? 5 ETFs That Could Defy the Adage

Wed, 05/01/2024 - 11:30
Things are tricky this year, with the world likely to be experiencing a stagflation-like scenario. So, walking along the regular path won’t make you profitable this time. Let's take a deeper dive...

CVS Shares Dump On Earnings Miss, Outlook Slashed On Rising Medical Costs

Wed, 05/01/2024 - 11:18
CVS shares plunged after first-quarter revenue and adjusted earnings missed Wall Street's average expectations. The drugstore chain also slashed its full-year profit outlook, citing rising medical costs in its Medicare insurance unit. 

SMCI: Gap-Closing Short With Significant Downside Potential

Wed, 05/01/2024 - 11:13
SMCI with one of the great gap-closing shorts in human history. LOTS more downsides from here. Double digits are possible by 2026.

Weakening Wednesday – Markets Down Ahead of the Fed

Wed, 05/01/2024 - 11:10
There’s nothing more fun than a good sell-off when you are well-hedged.

Debt Monetization & Recession is Perfect Scenario for Gold & Silver

Wed, 05/01/2024 - 10:53
In this video, we discuss the breakout in gold, stagflation vs. disinflation and the catalysts which will lead to an upside acceleration in gold & silver over the next few years.

The US Represents Over 25% Of The Global Economy

Wed, 05/01/2024 - 10:46
Taking a closer look at Trump’s potential role in setting monetary policy.

The One Stock That Superinvestors Are Dumping: Is It Time to Sell Comcast?

Wed, 05/01/2024 - 10:27
Superinvestors are dumping Comcast stock. Here is a list the those who reduced, or sold out of the company’s stock, according to their latest 13Fs.

Scrambling for Survival

Wed, 05/01/2024 - 10:11
Our Dow/Gold ratio tells us that stocks have a long way to climb down. The ratio is usually around 10. Now, it’s 16.5. Stocks will have to lose about 40% of their value to get down to the average.

What to Make of the Elon Musk Tesla China Embrace?

Wed, 05/01/2024 - 10:03
Elon Musk went globetrotting to China and scored a big victory for Tesla’s Full Self Drive (FSD) Technology. Or did he?

History of Bitcoin Bull Market Corrections Since 2015

Wed, 05/01/2024 - 09:57
Upon nuermous requests, here isan update on the magnitude and duration of Bitcoin bull market corrections, since 2015.

Pfizer Q1 Earnings and Revenues Beat Estimates

Wed, 05/01/2024 - 09:40
PFE came out with quarterly earnings of $0.82 per share, beating the our eimate of $0.56 per share. This compares to earnings of $1.23 per share a year ago.

TG Therapeutics stock just rallied 30%: what happened?

Wed, 05/01/2024 - 09:39
TG Therapeutics Inc (NASDAQ: TGTX) is up 30% on Wednesday even though it reported a wider-than-expected per-share loss for its fiscal first quarter.

What the Heck Just Happened

Wed, 05/01/2024 - 08:35
Today‘s detailed analysis across all asset classes incl. lengthy intraday channel summary will be reserved for paying clients – that important was what we experienced yesterday, the whys and hows.

USD/CAD Price Analysis: Evident Policy Outlook Divergence

Wed, 05/01/2024 - 08:31
Data from Canada revealed a smaller-than-expected 0.2% expansion in the economy. Investors are currently placing a 60% chance the BoC will cut rates in June. While investors expect 54bps of cuts in Canada, they only expect 32bps in the US.

USD/CAD Analysis: Anxious Speculative Wagers As Higher Realms Touched

Wed, 05/01/2024 - 08:13
Another dose of nervousness has hit USD/CAD traders as the currency pair tests short-term highs and is within grasp of apex values seen in the middle of April.

Bitcoin Price Dips Below $58k for the first time in 60 Days

Wed, 05/01/2024 - 08:09
The BTC chart is depicting consistent downswings and dips which has now dipped below $58,000 for the first time in 60 days. This has added to the slowing market demand since the recent halving.

Bear Of The Day: Ashtead Group

Wed, 05/01/2024 - 08:02
On the surface, Ashtead Group’s robust bottom line as a premier construction and industrial equipment provider in the United States and United Kingdom may be very enticing.

Share Price Of Alvotech Up 28%

Wed, 05/01/2024 - 07:48
In my prior post from early April, I mentioned that I was closely watching if the OMXIPI and OMXI15, the two main benchmarks for the Icelandic stock market, are in the process of reversing their long-term trends from down to up.

Gold Price Remains On Tenterhooks With Eyes On Fed Policy Decision

Wed, 05/01/2024 - 07:41
Gold trades close to a more than three-week low around $2,285 in Wednesday’s European session. The precious metal weakens as the USD and bond yields strengthen amid speculation that the Fed will maintain a restrictive interest rate environment.

Bitcoin Commentary - Wednesday, May 1

Wed, 05/01/2024 - 07:33
Bitcoin prices have fallen back to their lowest level since February today, with BTC futures breaking down below the 60695 price level which has underpinned the market over recent months.

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