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Updated: 2 hours 44 min ago

Dow, S&P 500 Wrap Up Best Month Of Year With Record Closes

Fri, 11/29/2024 - 13:31
Returning from the Thanksgiving holiday, Wall Street closed the day, week, and month all higher. The Dow and S&P 500 scored record closes to wrap up their best months since November 2023.

Strong Contrarian Bear Potential Into Inauguration Day

Fri, 11/29/2024 - 13:14
Signals in support of a contrarian bear setup in the U.S. stock market.

Earnings Show The Holiday Season Has Not Lifted Sales Of All Retailers

Fri, 11/29/2024 - 12:57
The holiday shopping season is in full swing, offering retailers a prime opportunity to capture consumer dollars.

Gold After Trump Wins

Fri, 11/29/2024 - 12:41
​​​​​​​Gold has sure had a wild ride in the several weeks since the U.S. elections. It first plunged then surged after Trump’s decisive victory, which surprised legions of traders.

Will Supermicro Stock Rise Again In 2025? A Look Ahead

Fri, 11/29/2024 - 12:24
Supermicro stock could still offer healthy returns in the coming year.

Record Valuations And Most Bulls Since 1987

Fri, 11/29/2024 - 12:09
The S&P 500 is trading at 38x smoothed 10-year earnings, just marginally below the all-time high of 43x briefly seen at the 2000 tech bubble top and much higher than the previous bubble top in 1929.

Energy Bear

Fri, 11/29/2024 - 11:52
With the /ES at the highest point in human history, it may seem odd to dare point out any sector that is potentially bearish.

Turkish GDP Growth Sees Further Deceleration In Third Quarter

Fri, 11/29/2024 - 11:35
Turkey’s economic activity has lost further momentum in the third quarter thanks to tight financial conditions, while its growth composition improved further on the back of a higher contribution from net exports.

Dungeons & Dragons Sparks Musk’s Interest In $8.9B Hasbro, Market Reacts

Fri, 11/29/2024 - 11:19
Elon Musk is considering acquiring Hasbro to gain control of Dungeons & Dragons.

Unlocking ASX Trading Success - ANZ Group Holdings Limited

Fri, 11/29/2024 - 11:00
The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.

The US Structural Deficit, An Increasingly Visible Threat

Fri, 11/29/2024 - 10:30
Saudi Arabia recently orchestrated the issuance of $2 billion of Chinese sovereign bonds, denominated in US dollars, marking a notable evolution in the global financial landscape.

Apple Inc (AAPL) DCF Valuation: Is The Stock Undervalued?

Fri, 11/29/2024 - 10:00
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses.

GBP/USD Price Forecast: Clings To Daily Gains Below 1.2700

Fri, 11/29/2024 - 09:53
GBP/USD sees over 1.2% weekly gain but faces resistance near 1.2700, risking pullback to 1.2600. Oscillators like RSI suggest growing buyer momentum yet remain below the neutral threshold.

GBP/JPY Price Prediction: Testing Trendline As It Continues Sinking

Fri, 11/29/2024 - 09:44
GBP/JPY has fallen to a trendline for the August rally. The pair is in a downtrend with odds favoring an extension lower.

Real personal income and spending for October were all good; no special cause for concern yet about inflation

Fri, 11/29/2024 - 09:33
Let me finish catching up this week with a quick look at personal income and spending, which were reported on Wednesday.

Sensex Today Rallies 759 Points; Nifty Above 24,100

Fri, 11/29/2024 - 09:30
After opening the day higher, Indian benchmark indices remained positive as the session progressed and ended the day on firm footing.

Trump’s New Canada-Mexico Tariffs: Not A Big Deal For Overall Economy

Fri, 11/29/2024 - 09:01
The magnitude of this tariff doesn't justify changing our economic forecast. But businesses involved in imports and exports must pay close attention to the details.

BTC Report: Bitcoin’s Market Cap. Surpasses $1.92T With Price Holding $97k

Fri, 11/29/2024 - 08:47
Bitcoin continues to capture the spotlight with significant market movements and influential updates.

USD/JPY Price Prediction: Breaks Out Of Price Pattern And Declines

Fri, 11/29/2024 - 08:35
USD/JPY has broken out of a Broadening Formation pattern and is falling towards its target.

Short And Sweet

Fri, 11/29/2024 - 08:24
It may be a slow day in the US with a shortened session, but it’s business as usual for the rest of the world. It was a busy day for data in Japan, and most of it was weaker than expected.

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