Expect Big Negative Revisions To BLS Monthly Jobs In 2023, GDP Too
Yesterday, the BLS released a little-read jobs report that shows reported jobs in 2023 may be wildly overstated. In turn, that means GDP is likely overstated as well.
GOOG/GOOGL: Blowout Quarter, MSFT: Excellent Quarter As Well
In the wake of these reports and the minimal damage to the overall market today after Meta’s faceplant, the bulls are likely feeling pretty good about things.
Intelligent Bio Solutions’ Fingerprint Drug Screening Technology Poised For Massive Growth
Intelligent Bio Solutions is a medical technology company developing and commercializing innovative, intelligent, rapid, noninvasive testing solutions.
Bonds, Banks And Builders Make Strange Bed Fellows
Bonds, banks, and builders are working together right now, after a fashion, and if we play it correctly, there’s more upside in it for us.
Market Talk - Thursday, April 25
The major European stock markets had a mixed day today.
Google Becomes A Dividend Stock After Q1 Earnings
Google stock is up close to 15% following its Q1 earnings report.
Cocoa Prices Surge Higher Into Important Resistance
Cocoa futures prices have rallied sharply over the past year. And the rally has really heated up over the past 3 months.
S&P 500, Nasdaq Snap Three-Day Win Streak
Stocks finished deep in the red today but as a small consolation prize, up off their session lows.
Microsoft Surges As AI-Growth Drives Across-The-Board Beat
MSFT just reported better-than-expected revenues in Q3 of $61.86 billion (estimate $60.87 billion).
Buy List Stock For April 2024: Automatic Data Processing
ADP provides a good combination of dividend growth and decent yield. Both payout and cash payout ratios are under control.
AMC Stock Price Forecast: Down But Not Out
AMC Entertainment’s share price has collapsed hard this year.
No Recession?: Why The Economy Is Stronger Than You Think
A discussion on whether or not a recession will strike in 2024.
Russell 2000 Earnings Dashboard 24Q1 - Thursday, April 25
The 24Q1 Y/Y blended earnings growth estimate is -12.0%. If the energy sector is excluded, the growth rate for the index is -2.1%.
The Middle Class Is Getting Destroyed, While Assets Are 40% Overvalued
With the market now expecting less than 2 rate cuts this year -- perhaps none at all until next year according to Bank of America -- what does that mean for the economy?
Here's What Wall Street Is Saying About Intel Ahead Of Earnings
Wall Street sees Q1 EPS 14c, revenue $12.78B.
Bears Come Out Of Hibernation
Bullish sentiment has declined 17.9 percentage points since just four weeks ago when it hit 50%. That is the largest drop since December 2021 for any given four-week span.
Microsoft, Alphabet To Report Earnings: What To Expect
Microsoft and Alphabet to report Q1 2024 earnings, focusing on AI investments. Stocks down amid broader market decline.
Grains Report - Thursday, April 25
Soybeans and the products closed mixed yesterday with some selling from Brazil noted on the early rally attempt. Reports of great export demand in Brazil provide some support.
Zuck Says the Quiet Part About AI Aloud. Plus MSFT And GOOG
In the case of META, investors focused on two key negatives: lower second-quarter revenue guidance, and continued willingness to spend on areas like mixed reality and artificial intelligence.
Robust Chinese Gold Demand Expected To Continue Supporting The Market
Robust gold buying has driven the gold price premium for gold traded on the Shanghai Gold Exchange to extremely high levels.