Biotech Stocks Are Rallying: What Is Your Playbook?
If you have been reading our posts you know that some of the big biotech winners have taken a hit after earnings : LLY, MRK and REGN. But ABBV, GILD, LLY, and VRTX remain among the top performers.
Financial Markets Report For Monday, Nov 11
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, November 11.
EURUSD Update: Downside Move Extends As Support Breaks
The EURUSD currency pair has recently seen a significant shift, breaking below the crucial support level of 1.0682. This move has extended its decline from a high of 1.0936, with the pair dipping as low as 1.0628.
Election Shows How Good We Are
Regardless of any political leanings, that was a memorable week in the markets.
This Top AI Stock Crushed Quarterly Expectations
The 2024 Q3 earnings cycle is slowly wrapping up, with the bulk of S&P 500 companies already revealing quarterly results.
SoFi Stock Hits New High Of $14.42: Is It Time To Take Profits?
SoFi Technologies Inc touched a high of $14.42 this morning – a level that was last seen in early 2022.
Australian Dollar Extends Losses Due To Likelihood Of Potential Tariffs From Trump
The Australian Dollar (AUD) losses ground against the US Dollar (USD) for the third consecutive session on Tuesday.
Trade War And Recession?
The WSJ forecast for October expects 1.92 ppts growth in 2025. McKibben-Hogan-Noland (2024) estimates that 10% tariffs and 60% on China could cut growth by 0.12 ppts (no retaliation) or 0.35 ppts (with retaliation). No recession is expected in 2025.
Bitcoin’s Market Cap
Just to put things in perspective, here’s how the total value of all Bitcoins. Incredibly, 30% of this value has been lost by human error, such as losing the password or throwing away a hard drive.
The Canadian Cannabis Report- Monday, Nov 11
The past, present and fiuture of the Canadian cannabis sector.
Asia Open: China's 1 Trillion Export Problem, Sends FX Traders On Yuan Watch
China’s fix strategy is more than just a number—it’s a barometer of how far It is willing to go to defend its currency amid growing global economic tension.
The Commodities Feed: Natural Gas Surges
Natural gas prices in the US and Europe surged higher yesterday. Short covering in Henry Hub provided more momentum to the rally
WTI Retreats To Near $68.00 On Chinese Stimulus Disappointment, Stronger US Dollar
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.00 on Tuesday. The WTI price edges lower amid the fears that a Trump administration will spark a tariff-led trade war and concerns about demand growth in China.
Dollar, Financials Rise, While Oil And Technology Fall
Stocks ended the day mostly mixed. The technology sector was down, while small caps and financials were higher, leading to the S&P 500 finishing near flat.
Drilling For Oil Drilling Stocks
While the future of the oil and gas industry is evolving, there remains a strong case for investing in oil drilling stocks, particularly for investors with a long-term perspective.
Bitcoin At All-Time High: Should You Sell Or Buy More?
Bitcoin breaks above $84,000, and here’s what you need to know if you feel you missed out or if you are considering selling at BTC high prices.
Is Warren Buffett Expecting A Stock Market Crash?
We may be getting to a point where investors are way too greedy these days, and are just “all-in” on stocks.
Market Could Stall Short Term
This quarter is the strongest quarter of the year seasonality wise and market usually rally into year end.
3 Meme Stocks To Watch In November 2024
Given limited capital flows, it is wise to watch for ones with greater gains short-term.
Trump Wins. The Real Impact Of His Economic Plan
Tariffs can actually generate a tremendous amount of revenue, but they are not a magic wand.