Nasdaq 100 & S&P 500 Elliott Wave Update - Thursday, Nov 7
The rallies continued on Thursday with the ES and NQ both moving to new all-time highs. The ES touched and did close above 6000. The NQ pushed to a new ATH above 21213 with the high coming in at 21253.
Implied Volatility, Rates, And The Dollar Fall Sharply, Pushing Stocks Higher
Rates dropped a bit today, with the 10-year yield dropping by ten basis points. This retraces some of the significant moves we saw over the last two days, with a sixteen basis point increase yesterday.
The Trump Tariffs And The Canadian Economy: A Different Perspective
Donald Trump’s return to the White House raises concerns that his protectionist stance would likely have a significant impact on Canada-US bilateral trade.
Smaller Cap Biotechs Are In Season: How Are We Doing?
SMID biotech stocks still see a lot of speculative interest except for a brief sell-off on August 5 when the XBI touched $91.The XBI is near its 2024 high in the $103 range.
Perception Points To Smooth Sailing Into Year-End
The story isn’t just about the rally itself but also about the remarkable volatility collapse paving the way for these gains.
EURUSD Stages A Comeback: Will Bulls Reclaim Lost Ground?
After a significant downturn that saw the EURUSD pair plummet from 1.0936 to a low of 1.0682, the currency pair is showing signs of life once again.
Dividend Watch: Three Companies Boosting Quarterly Payouts
Everybody loves dividends, as they provide a passive income stream. Recently, three companies have announced payout increases. Let’s take a closer look at each.
USD/CAD Holds Steady Above 1.3850 As Fed Cuts Its Rates, Eyes On Canadian Employment Report
The USD/CAD pair flat lines near 1.3860 during the early Asian session on Friday. The Greenback faces some selling pressure after the US Federal Reserve's interest rate decision.
Rates: On Bunds Swap Spreads
The cheapening of German Bunds versus swaps has resumed and a cross read from the global cheapening phenomenon points to even wider levels at the long end, although the comparison has its shortcomings.
Debt-To-GDP Under Trump 1.0
A reminder, so when next you hear about fiscal restraint.
Gold Climbs Above $2,700 As Fed Rate Cut Hammers US Yields
Gold prices climbed above $2,700 after the Federal Reserve (Fed) decided to lower interest rates and acknowledged that US election effects would not be felt in the near term.
Food Commodities Comeback - 1st Sugar, Now Soybeans
The recent export Sales report showed soybean on the high end. While that was a 3-week low, it was still 88.7% above the same week last year.
Stocks And Precious Metals Charts - Stocks Are Getting Extra Crispy
Gold and silver rallied sharply today, and the dollar fell.
Volatility Melt Sends Stocks Higher Following The U.S. Election
Stocks rose sharply following the US election as the VIX melts.
ETFs Report Inflows Of Gold For Sixth Straight Month
ETF gold holdings globally increased for the sixth straight month in October. Big flows of gold into North American and Asian ETFs offset outflows from European-based funds.
Block Q3 Earnings Meet Estimates
Block came out with quarterly earnings of $0.88 per share.
Here’s What We Really Got From The Fed Today
We got another cut today, and parsing out its statement is unusually easy because they’re some of the shortest-ever remarks ever released around a rate cut, at least in recent memory.
The Communication Services Sector Playbook: Strategies For Smart Investments
No matter if we have a bull market or a bear market, there will always be value to be found in any market regardless of its current status.
PharmaEssentia
PharmaEssentia Corporation was founded in 2003 by a group of Taiwanese-American executives and scientists from American biotech and pharmaceutical companies.
Is Fastly Stock A ‘Buy’ After Q3 Earnings?
Piper Sandler raises Fastly target to $8; keeps Neutral rating.